Business Blog

New housing market in Abu Dhabi continues to slow down

The latest quarterly report issued by MPM Properties, the real estate subsidiary of Abu Dhabi Islamic Bank (Adib), shows that the real estate market in Abu Dhabi continues to see a stabilisation of rental and sales prices for completed properties, while the off-plan sales market has witnessed increased activity with the majority of released units from key developers being sold on the launch day

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Emaar unit to launch 'affordable housing' in the UAE

An associate company of Emaar Properties, Dubai's largest real estate developer, will soon launch an affordable housing project in the UAE, the company chairman told Emirates 24|7.

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Abu Dhabi to have new flight learning center in 2015

Abu Dhabi Aviation and FlightSafety International signed a memorandum of understanding to establish a world-class learning center in Abu Dhabi.

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Dubai developers restart 7 projects in the UAE

Dubai-based developers on Tuesday announced restarting of work on seven 'stalled' projects in the UAE driven by the sound economic fundamentals of the country and growing demand from global investors.

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Dubai can become Islamic economy hub: Malaysia PM

Dubai and Malaysia are considering a number of Shariah-compliant initiatives as the emirate has the potential to become a hub for Islamic economy, Malaysian Prime Minister Najib Abdul Razak said yesterday.

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Dubai can become Islamic economy hub: Malaysia PM

Dubai and Malaysia are considering a number of Shariah-compliant initiatives as the emirate has the potential to become a hub for Islamic economy, Malaysian Prime Minister Najib Abdul Razak said yesterday.

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