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UAE Retirement Visa will help the country tap US$15 trillion Silver Economy, experts at Wealth Arabia Summit 2019, say

The spending power of the growing ageing population will reach US$15 trillion by 2020 that creates a great opportunity for...

Global wealth hits $360 trillion as 32 experts get ready to offer insights into the shifting wealth landscape at Wealth Arabia Summit 2019

More than 250 High Net-worth Individuals (HNWIs) will listen to 32 wealth thought-leaders on the paradigm shift in the US$360...

Emaar Properties records 20% increase in Q3 net profit

Dubai, UAE Emaar Properties PJSC, recorded a 20 percent increase in net profit to Dh1.33 billion(US$362 million) in third quarter...

Maltese real estate offers 7-10% Returns

Dubai International investors and property buyers could benefit from a relatively high return of 7-10 percent on investment in to...

Cities that adapt to new economic models compete best in real estate sector

UAE Cities that adapt to new economic models, such as the innovation economy, experience economy, sharing economy and circular economy,...

Eagle Hills awards MJM main construction contract for Kalba Waterfront project

Dubai Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, has awarded the...

Arada sells 5,000 units as interest in new communities in Sharjah gathers pace

Sharjah, UAE Sharjah-based property developer Arada said, it has sold 5,000 units, a little over two and a half years...

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...

EFS Facilities Services Group wins over AED 170 Million worth contracts in 2019

Flagship projects and employee engagement boosts EFS’ business accolades whilst retaining contract backlog over USD 1 billion EFS Facilities Services...

In-Depth

Emaar Properties records 20% increase in Q3 net profit

Dubai, UAE Emaar Properties PJSC, recorded a 20 percent increase in net profit to Dh1.33 billion(US$362 million) in third quarter (July to September) of 2019, compared to the net profit of Dh1.11 billion (US$302 million) recorded during the same period in 2018. Revenue of Emaar also grew 14 per cent to Dh6.07 billion (US$1.65 billion) […] Read More

Realty Bytes

Emaar Properties records 20% increase in Q3 net profit

Dubai, UAE Emaar Properties PJSC, recorded a 20 percent increase in net profit to Dh1.33 billion(US$362 million) in third quarter (July to September) of 2019, compared to the net profit of Dh1.11 billion (US$302 million) recorded during the same period in 2018. Revenue of Emaar also grew 14 per cent to Dh6.07 billion (US$1.65 billion) […] Read More

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