News Archive: industry news

09, 2009 April:

Dubai expats in trouble

Around 70 per cent of all UAE expatriates who own UAE property are now in negative equity, and would lose money if they attempted to sell their home now, according to a recent survey...

06, 2009 April:

UAE go all PR

The UAE emirate of Dubai has appointed London public relations group Finsbury to handle its financial communications strategy in an effort to head off negative press coverage of its troubled economy...

03, 2009 April:

HSBC to re-enter UAE

HSBC has announced that it will re-enter the UAE mortgage market and ease its lending rules, according to Arabian Business...

02, 2009 April:

One Formula for property investment

International sporting events are proven drivers behind investment - property and infrastructure - in a city or country with the benefits of the event experienced for years afterwards. One of the world's biggest annual sporting events and the most widely watched is the Formula 1 Grand Prix, which recently began its 2009 season at Melbourne...

24, 2009 March:

Future of UAE

A future of the United Arab Emirate's two biggest mortgage providers is close to being decided with one of three options no longer being considered...

18, 2009 March:

More homes for Abu Dhabi

Over 50,000 homes will be constructed for Emiratis living in Abu Dhabi over the next two decades, the country's Urban Planning Council (UPC) announced...

10, 2009 March:

Gulf widening in Middle East

More developers in the Gulf are considering consolidation, cancellation of projects and redrawing future plans as the global downturn shows no sign of lessening in the region...

02, 2009 March:

Demand outstripping supply

The supply of residential property in Abu Dhabi is lagging well behind demand despite the global economic slowdown, according to analysts...

05, 2009 February:

TheMoveChannel.com acquires Lead Galaxy

Leading UK and international property search portal TheMoveChannel.com has acquired top lead generation agency Lead Galaxy...

29, 2009 January:

Delays in Abu Dhabi

Abu Dhabi's second largest property developer is delaying new projects until current developments are complete because of the economic downturn...

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