NASA's Solar Dynamics Observatory captured the bright flash of the X-ray flare — it was the strongest since 2005, rated on the scale for these flares as X8.7
world1 hour ago
The Dubai property sector needs more hedge fund investors from Pakistan and other countries, the chief of the Real Estate Regulatory Authority (Rera) said on Friday.
"In the last three years, Pakistanis have been among the top five investors in Dubai's real estate market. We need to bring more hedge funds and institutional investors to the city," said Marwan bin Ghalita, the CEO of Rera.
Bin Ghalita was speaking to the media after inaugurating the second edition of the two-day Pakistan Property Show, where more than 60 developers from the country are taking part.
The Rera chief stressed that Dubai's real estate market is well-organised and the Dubai Land Department's promotion centre is sharing data to show investors return on investments.
"Brands of Dubai real estate are all over the world now. We always emphasise on rules and regulations, trust in the city's real estate sector and innovation. The Land Department is putting all the systems in place to make transactions and getting information easier. This will cater to the happiness of investors," said bin Ghalita.
"I also see some Dubai developers participating in this exhibition with projects in Pakistan. This reflects knowledge transfer between developers of the two countries," he added.
According to the DLD, 32,083 Pakistani investors deployed Dh57 billion in Dubai real estate through 46,058 transactions from 2008 to 2017.
- waheedabbas@khaleejtimes.com
NASA's Solar Dynamics Observatory captured the bright flash of the X-ray flare — it was the strongest since 2005, rated on the scale for these flares as X8.7
world1 hour ago
More construction works are expected at several locations as part of Al Khail Road Improvement Project, which shall be completed in the fourth quarter of 2024
transport2 hours ago
Telecommunication leaders, regulatory authorities, policymakers, industry associations, and leading global technology firms congregated in Dubai at the 5G-Advanced (5G-A) Forum to chart the pathway to the 5G evolution
kt network2 hours ago
The move comes amid a temporary halt in the shipment of 2,000-pound bombs and 500-pound bombs by the US to Israel
world2 hours ago
More than 3,300 people have been forced to evacuate from affected areas with 35 missing and 33 injured
asia2 hours ago
How the EB-5 Program has become the most popular way for F-1 students to live and work in the US without restrictions
supplements3 hours ago
Investors are watching the US Consumer Price Index (CPI) that is to be released on Wednesday
uae3 hours ago
The Reserve Bank of India could be lining up dollar offers on the interbank order matching system to prevent the currency from slipping to an all-time low, say traders
currency exchange4 hours ago