Dubai developer Emaar Properties might increase its stake in the disturbed Islamic mortgage provider Amlak though not thought of by how much, as informed by Emaar's chairman on a television channel.
A new report that looks at the construction industry has said that Abu Dhabi is soon going to go past Dubai in terms of concentration of number of shopping centers. The figure is per capita and is the highest in the world.
To be able to guide the people involved with the construction industry, a new manual has been launched. This contains guidelines that suggest how an effective, healthy and safety and environment plan can be designed.
The unveiling took place on Monday and was done by the Municipality of Abu Dhabi.
To cater to all those who would like to spend a night at the world's tallest building, a UAE-based company has come out with an offer. The first look at the deal will make it look very lucrative and so it is.
‘Mamlakaty’ mortgage has been started by Abu Dhabu Finance. The offer is for providing private finance for helping in construction of new private villas in Emirate of Abu Dhabi. The money is going to be given for construction and not buying of the villas.
The chairman of the Emirates Group and the Dubai Supreme Fiscal Committee, Sheikh Ahmed bin Saeed Al Maktoum has now given the charge of the Chairman of Dubai World, the flagship conglomerate of the emirate. Sultan Ahmed bin Sulayem is substituted by him.
The Vice-President of the UAE and Ruler of Dubai, Sheikh Mohammed bin Rashid has given this offer to him in a report from Dubai Media Office.
The shares in heavyweight property stocks mainly drove the movement today.
The Dubai Financial Market General Index fell by 0.9 percent down to 1,700.44 points and the Abu Dhabi Securities Exchange General Index increased by 0.5 percent up to 2,754.60 points.
Aldar Properties led the stocks in Abu Dhabi finishing the day at a 6.9 percent higher, reaching its highest level in over a month.
- Shanghai reports PM2.5 pollutants much more than WHO recommended level
- Pregnant teenagers to be helped
- NBN Co report: Shortfalls in FTTN CVC revenue could keep FTTP prices high
- Cut-off date for Windows 7 shipping with new PCs is November 1, 2014
- ACCC warning consumers about ‘freemium’ child-friendly game apps