The number of homes to rent in Abu Dhabi is expected to rise by 17 per cent between now and 2012, and the shortfall in the availability of units is expected to fall from around 45,000 units now to...
Business
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The International Monetary Fund expects the UAE economy to expand by 0.6 percent this year, with the Dubai World debt restructuring clouding an otherwise favourable outlook. The revised IMF...
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Online works for buyers A survey by market research firm YouGov Siraj has emphasised the value of an online presence – more than 70 percent of the 750-plus people surveyed across the Emirates said...
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Aldar Properties turned in a fourth-quarter loss of AED 570 million, according to calculations by Reuters, against net profits of AED 84.3 million in Q4 2008. Aldar made no land sales in the...
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Six leading international business schools are to develop a series of leadership programmes for residents of the UAE. The Excellence Alliance includes Cambridge University’s Judge Business School,...
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Local construction costs fall The cost of most construction materials were down significantly last year, according to figures from Statistics Centre Abu Dhabi. Steel was nearly 44 percent cheaper in...
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Abu Dhabi’s real estate sector is likely to benefit from high oil prices and economical stability this year, according to a report by property consultancy firm CB Richard Ellis. "A more positive...
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Abu Dhabi will attract new capital investments worth more than AED 45 billion over the next five years, according to an official report. "Abu Dhabi has won investor's confidence as it attracted more...
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Full foreign ownership considered The UAE is considering 100 percent ownership rights for foreign investors in major industries and projects, according to Shaikha Lubna Al Qasimi, Minister of...
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While Moscow still tops the list as the most expensive place for a hotel room – for the fifth consecutive year – Abu Dhabi is catching up fast. According to the annual survey by British-based...
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