• Drake & Scull International puts travel ban against former manager, seeking seizure of properties

    Dubai, UAE The new management of the troubled construction company Drake & Scull International, said, it has secured a travel ban against an executive manager of the company and sought seizure of his properties to recover losses made by the previous management. “DSI has already filed 15 criminal complaints against the previous management, members of […]

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  • Farhad Azizi 2.0: Towards Sustainability

    Gulf Property Exclusive Dubai While the going gets tough, the tough get going. As the real estate market faces another challenging phase with looming oversupply that is putting additional pressure on prices and rents, most real estate companies are undergoing belt-tightening exercises to make their operations lean in order to manage business activities on tight […]

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  • Global construction output growth will decline to 2.7% in 2019, says GlobalData

    Dubai, UAE Global construction industry growth pace to decline to 2.7 percent in 2019, said a latest report by GlobalData, a leading data and analytics provider. “The deterioration in construction output growth across emerging markets has been worse than previously expected, particularly in the US and the Middle East. Therefore, the forecast for global construction […]

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  • UAE- based affordable housing pioneer, Danube Properties enters South Indian market by opening office inKochi,Kerala

    Bollywood sensation Sunny Leone to greet investors at the launch event in Kochi, Kerala – marking a major expansion of Danube Properties sales operation in India Danube Properties, The UAE- based affordable housing pioneer and one of the most dynamic & popular private real estate developers in the UAE, today launched its operation in the […]

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  • Dubai Land Department releases prisoners in rental cases

    Dubai Land Department (DLD) said it will release 22 prisoners in rental cases, as part of a compassionate scheme and in line of the Year of Tolerance – celebrated across the year in 2019. However, the release of the rent offenders comes as after a young UAE businessman donated a substantial amount that covered a […]

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