Business & Money | Monday 7 September, 2015 4:21 pm

Residential rents remain stable as sales continue to decline

Average rentals within the residential segment in Dubai remained stable during the *third quarter of 2015, although the market is highly fragmented with some affordable locations achieving growth, whilst other areas experienced more pronounced drops according to the latest Dubai market report by...

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Business & Money | Monday 7 September, 2015 3:06 pm

GCC megaprojects report points to major opportunities for contractors

Megaprojects worth hundreds of billions of dollars are creating enormous opportunities for contractors, sub-contractors, suppliers, and manufacturers in the Middle East. This is one of the suggestions of a new report published by Ventures Onsite, which details the top 30...

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Business & Money | Monday 7 September, 2015 2:58 pm

100 year leasehold now offered by Al Rayyan to all UAE residents in Sharjah

Al Rayyan, the first mixed-use premium quality real estate development in Al Nahda district in Sharjah, is offering 100-year leasehold purchases to qualified buyers including all UAE residents. All buyers will receive a 2% discount when purchasing an apartment during this year’s Cityscape...

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Business & Money | Monday 7 September, 2015 2:48 pm

Airbus Defence and Space to build Tetra terminal repair centre in Beirut

Encouraged by the growing Tetra (terrestrial trunked radio) market in Lebanon, Airbus Defence and Space and its local value-added reseller Serta Channels SAL have decided to build a certified Tetra terminal repair centre in Beirut.    This step is in line with the Ministry of...

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Business & Money | Monday 7 September, 2015 2:44 pm

Mobily opens its new State-of-Art branch in Al-Azizia, Mecca

Mobily has recently opened its latest state-of-art branch next to the Holy Mosque in Mecca, in line with the framework of the company's strategy to expand the network of branches in which high density by participants in vital places.    Mecca Al-Azizia is considered one of the...

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Business & Money | Monday 7 September, 2015 1:21 pm

The Event Company rebrands as TEC

The region’s leading events management agency, The Event Company has rebranded as TEC, in line with its global aspirations. The company has embraced a new logo and brand identity that reflects its core values of passion, service orientation, enthusiasm and creativity. Started in 2008 in Dubai ...

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Business & Money | Monday 7 September, 2015 12:46 pm

DAMAC Properties Introduces Italian Inspired Apartments at Merano Tower at Cityscape Global

DAMAC Properties, a leading luxury real estate developer in the Middle East, has launched Merano Tower, an Italian-inspired luxury development which will overlook the Dubai Canal.   Introduced at Cityscape Global, the 29-storey residential project in the Business Bay area has been...

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Business & Money | Monday 7 September, 2015 5:19 am

UNHCR rallies support for refugee children, right to education through “Back to School” campaign

The United Nations High Commissioner for Refugees (UNHCR) launched a “Back to School” campaign to raise awareness and foster community support for refugee children in the Middle East and North Africa (MENA) region, while advocating for refugee children’s right to education. The...

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Business & Money | Monday 7 September, 2015 4:27 am

Al-Rabiah and Al-Othman upbeat on royal directives

Two key government officials have welcomed the Royal directives aimed at expanding foreign (value-added) investments from the US. In a joint communique issued from the US, Tawfiq Al-Rabiah, commerce and industry minister, and Abdullatif A. Al-Othman, governor and chairman of the board of directors ...

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Business & Money | Monday 7 September, 2015 1:33 am

Launching 2nd Phase of Sparkle Towers for Sale

Tebyan are delighted to announce that the second phase of their unique and extremely popular Sparkle Towers development is now open. Construction of Sparkle Towers is expected to be completed by December 2016 and investors who successfully purchase a part of this development - which is ...

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