News Archive: industry news

06, 2012 January:

Aldar bailout could spell good news for Abu Dhabi

Abu Dhabi’s bailout of the emirate’s biggest holdings company Aldar Properties PJSC could spell good news for the area if the firm can focus its resources, according to a financial services specialist.

16, 2011 December:

UAE developers need to improve apartment handovers says Cluttons

The international agency group Cluttons has accused developers based in the UAE of not trying hard enough to hand over the management of apartment blocks to their owner associations because of the financial gains involved.

07, 2011 July:

UAE's $3bn aid package to Egypt for housing and small firms

The UAE's US$3 billion aid package to Egypt will be funnelled towards small businesses and housing projects as the country looks to the region for assistance ahead of international donors.

20, 2011 June:

Dubai's Index wins tall building award

Index, the 80-storey building developed by Union Properties in Dubai, has clinched the '2011 Best Tall Building' award for the Middle East and Africa region from the Council on Tall Buildings and Urban Habitat (CTBUH).

19, 2011 January:

Debt-ridden UAE property firm expects return to profit

Troubled developer Aldar Properties expects to regain substantial profits this year, despite a multi-billion dollar debt.

20, 2010 December:

Expats keen on Middle East

The Middle East is a promising and attractive place for expats despite the demise of the once traditional expat packages that many now regard as unfair, a new poll reveals...

13, 2010 December:

Property management ‘key' in UAE

Successful property management is the key to 100% occupancy levels in the United Arab Emirates going into 2011, it is claimed...

10, 2010 December:

New visa regs for UAE expats

New regulations are being introduced in the United Arab Emirates in January for expat private sector workers that will reduce the length of visas and work cards...

14, 2010 November:

Rents falling in UAE

Individuals interested in buying real estate in the UAE may be interested in the latest data from a real estate firm in the country...

08, 2010 November:

Registering UAE property 'easiest in world'

The UAE leads the world on the ‘ease of registering property' indicator, part of a new World Bank report that ranks 183 countries globally on key aspects of business regulation for domestic firms...

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