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LATEST NEWS

Orlando receives record 75 million visitors in 2018

19/05/2019
Orlando, Florida, has solidified its position as the top tourism destination in the United States with a 4.2 percent increase in the number of visitors to arecord 75 million in 2018, a statement said.

Union Properties reappoints Al Ramz Capital as liquidity provider

19/05/2019
Union Properties, the leading property developer in the UAE and master developer of MotorCity, has reappointed Al Ramz Capital, a subsidiary of Al-Ramz Corporation Investments and Developments PJSC, as its liquidity provider following approval from Dubai Financial Market (DFM).

Nearly one third of UAE residents now pay less rent than one year ago

19/05/2019
The proportion of UAE residents paying less rent than a year ago rose to nearly a third in the first quarter of this year. That’s according to the yallacompare Consumer Confidence Tracker for Q1 2019, which surveyed more than 1000 UAE residents on the state of their finances and attitudes towards work. It follows similarly sized surveys conducted throughout each quarter of the year.

Damac Properties Q1 net profit plunges 94% to Dh31 million

16/05/2019
Damac Properties’ net profits for the first quarter of 2019 plunged 94 percent to Dh31 million, down from Dh484 million recorded in the first quarter of 2018, the developer’s reports show. It’s total revenue for the quarter also declined 53 percent to Dh896 million, with booked sales grew 15 percent t0 Dh1.2 billion, compared to Dh1 billion recorded in Q4 2018.

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‘Gemini Property Developers’ to attend Annual Investment Meeting 2019, amongst the Top-notch global business experts
Gemini Property Developers, a Dubai-based boutique real estate developer, has announced its active engagement with investors and other stakeholders at Annual Investment Meeting 2019, which started on April 8 and will continue till April 10, 2019 at Trade Centre Dubai, United Arab Emirates. Read More...
LAVA launches revolutionary R5 in the GCC to offer greater user convenience
LAVA International, a global manufacturer of mobile telephony, has launched LAVA R5 – a revolutionary and advanced mobile handset that offers greater customer convenience in extended battery life, better user interface, faster processor, faster video streaming and extended memory – in line with the needs for the upwardly mobile, high-flying and jet-setting customers who are always on the move. Read More...
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