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Dh8 billion Emaar bonanza for its shareholders
This includes 15 per cent cash dividend — equivalent to about Dh975 million — and 10 per cent bonus shares, or 650 million shares, valued at about Dh7.12 billion at Dh10.95 a piece, as at April 23, 2014.
UPC issues guidelines on underground utilities installations
Abu Dhabi has come up with new guidelines for the installation of underground utilities, which will also help in cutting costs.
Shapoorji Pallonji enters final stage on Bloom Central
Leading regional and international construction company Shapoorji Pallonji has entered the final stage of construction of Bloom Central Project, a 25-storey mixed-use, twin-tower complex located in the heart of the capital.
Abu Dhabi investment zones home prices jump 20% in Q1
2,100 residential units were delivered to the market: ADIB report
Al Maabar hands over 60% units at Moroccan project
Abu Dhabi-based real estate developer Al Maabar said that 60 per cent of the residential units of phase one at its Moroccan Bab Al Bahr project have been delivered to its new owners, with tenants already moving in.
UAE ranks second in government ICT use index
The report, covering 148 countries this year, ranks countries in terms of leveraging information and communications technologies to boost national competitiveness.
Dubai Investments raises foreign ownership cap to 35%
Dubai Investments (DI), the largest investment company listed on the Dubai Financial Market (DFM), has raised the foreign ownership limit in the company from the existing 20 per cent to 35 per cent.
SMEs play crucial role in boosting Dubai’s growth
Pinsent, DEC and Zawya recommend relaxing lending rules
DPG launches Masat
to oversee portfolio
Dubai Properties Group (DPG) has announced the establishment of Masat, a new dedicated portfolio management company responsible for overseeing and managing DPG’s built to lease (BTL) portfolio across its destinations and districts.
Tim Hortons opens at Dubai Chamber
Tim Hortons recently celebrated the opening of its newest Cafe and Bake Shop restaurant at the Dubai Chamber of Commerce and Industry by the Dubai creek.
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