End users and rentals are key feature at Property Shopper – news for overseas property investors

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The 2nd Property Shopper opens its doors this weekend at the Grand Hyatt bringing together 40 real estate agents and brokers showing residential and commercial properties across the UAE with a key focus on rentals and the emerging end-user market.
‘Looking at the [...]

UAE 3rd most optimistic nation: Nielsen Consumer Confidence Survey

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UAE is ranked the third most optimistic nation in the latest Nielsen Consumer Confidence Index, despite a world-wide struggle in the wake of an economic slowdown, moving up from its previous fourth position ranking six months ago. Out of 52 countries surveyed, [...]

Abu Dhabi National Exhibition Centre wins 2008 Construction Week ‘Project of the Year’ – news for overseas property investors

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Abu Dhabi National Exhibition Centre (ADNEC), designed by award-winning architects RMJM, has won Construction Week’s 2008 “Project of the Year” Award. The Gulf’s largest exhibition venue illustrates ADNEC’s commitment to providing the city with world-class facilities for business and its bold plans [...]

Abu Dhabi-based ALDAR Properties signs pact with Ritz Carlton Hotel Company – news for overseas property investors

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A leading real estate firm in Abu Dhabi, ALDAR Properties inks signed a pact with The Ritz-Carlton Hotels Company for building a number of luxury hotels in Abu Dhabi to be managed by The Ritz-Carlton. The two announced the signing of the [...]

Dubai and Ajman property to grow despite global downturn – news for overseas property investors

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DUBAI – A top Dubai property development executive said Sunday that the emirate’s booming real estate sector would maintain growth despite the global crisis as demand continued to outstrip supply.
“Domestic demand for real estate continues to outstrip supply, and [...]

$200 million invested in cement manufacturing unit in Ras Al Khaimah – news for overseas property investors

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Star Cement Co LLC, a leading player in manufacturing and trading cement in the Middle East, will invest $200 million in a high-tech clinkerisation-manufacturing unit in Ras Al Khaimah to produce clinker at 6,500 tonnes per day. The facility is based in an [...]

Better Financial Guidelines for UAE – news for overseas property investors

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Greater transparency and better financial regulations have been planned in the UAE to maintain its competitive edge in the global market, the government indicated.
“The bank benefited from the liquidity pumped by the Ministry of Finance [MoF] and the Central Bank to provide necessary [...]

New Banking and Finance Rules for UAE – news for overseas property investors

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A new law on banking credit will soon be introduced, Minister of Economy Sultan Bin Saeed Al Mansouri said. Al Mansouri said the ministry had also finalised the draft of a new companies law that is expected to be introduced next year.
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UAE 3rd in the world for rising tourism – news for overseas property investors

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The Country Brand Index identifies the United Arab Emirates (UAE), China and Croatia, respectively, as the top three ‘rising stars’ in the tourism arena. UAE along with the other two are poised to be top tourist destinations in the next five years.
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UAE property developers take 55% of Moscow property show – news for overseas property investors

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Moscow’s first International Property Show 2008 kicked off with real estate developers from the UAE constituting to about 55 per cent of the exhibition.
“The Moscow region has, in the last few years, participated in many international events and exhibitions. And we know [...]