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Across the Middle East, the current supply is projected to increase by 86 per cent by the end of the forecast period.

Business

Bay Residences, situated on Hayat Island, is part of the Mina Al Arab development in Ras Al Khaimah

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EBITDA and net profit in first nine-month of 2022 increased by 47 per cent and 124 per cent, respectively

Business

The property will be developed on an 'exclusive' island and will feature over 1,000 rooms, shopping mall, spa, gaming areas

Business

Rent increase, decrease related to real estate properties are decided by Dubai Real Estate Regulatory Agency based on a calculator it developed and operates

UAE

Bilateral trade has continued to strengthen with the signing of the Comprehensive Economic Partnership Agreement in February 2022

Business

New hypertower with

Signs agreement with a syndicate of three banks including Mashreq Bank, Dubai Islamic Bank and Emirates NBD for refinancing Dh11 billion and additional funds of Dh6 billion for new projects

Eshraq sells one of its plots on the Reem Island with approximately 650,000 square feet of Gross Floor Area; With this transaction, Eshraq has sold 27 per cent of its land bank GFA for a consideration of Dh160 million