Business

Damac guarantees 3% annual return

Damac Properties has a wide range of stylish living options across Dubai, including private villas, townhouses and apartments within its two golf course communities, Akoya by Damac and Akoya Oxygen, a limited edition collection of fashion branded homes in collaboration with global brands such as Versace, Fendi, Paramount Hotels & Resorts, and Bugatti as well as hotel apartments and hotels which allow individual investors to capitalise on the emirates booming tourism sector.

Business6 years ago

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Business

Marka posts profit despite challenges

Financial results reflect the company's continued progress on expanding its operations and income derived from its 2015 acquisitions, delivering Dh87.16 million in total revenue for the period and Dh3.88 million Ebitda on an adjusted basis.

Business6 years ago

Apple Pay to go live in China tomorrow

Business

Apple Pay to go live in China tomorrow

The technology giant had previously said the system would launch in China in early 2016, making it Apple Pay's fifth country as it accelerates development of a planned new revenue stream. ICBC is China's biggest lender by assets.

Business6 years ago

Riu Hotels, Nakheel sign JV

Business

Riu Hotels, Nakheel sign JV

In its strategy of expansion into the hospitality business, Nakheel is planning 10 hotels across Dubai. The first opened earlier this month, and six more have been announced or signed.

Business6 years ago