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May 2018 — BUSINESS DIRECTORY | Brand-GID | United Arab Emirates

May 31, 2018 no comments 392
Developer confirms the completion of the raft foundation work for tower B at Aykon City, its multi-tower master development Damac Properties has confirmed the completion of the raft foundation work for tower B at Aykon City, its multi-tower master development. The setting of the major...

May 31, 2018 no comments 332
Seven Tides says phase one of SE7EN CITY JLT is sold out, launches phase two of Dubai project UAE-based developer Seven Tides has announced that it has sold 661 apartments, valued at more than AED301 million ($81.8 million) since the sales launch of its first mixed-use development in...

May 31, 2018 no comments 366
CEO of Binghatti Developers says new virtual platform will encourage people to 'massively invest in the Dubai property market' The CEO of a Dubai-based developer has hailed plans by Dubai Land Department (DLD) to launch a global virtual real estate platform. Muhammad BinGhatti, CEO and...

May 31, 2018 no comments 317
Six-week retail extravaganza will offer discounts of 25-75% across shopping malls in Dubai Dubai Summer Surprises (DSS), Dubai’s annual city-wide retail celebration, will return to the city from June 22 to August 4, it was announced on Wednesday. Organised by the Dubai Festivals and...

May 31, 2018 no comments 232
Companies operating in Dubai have been exempted from all fines under decree No 20 of 2018 issued by Sheikh Mohammad bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai. The Dubai Department of Economic Development (DED) has urged businesses in the Emirate to benefit...

May 31, 2018 no comments 250
Sharjah government has completed the maintenance of 70 mosques in the emirate at a cost of Dh16 million ($4.3 million) as part of its Ramadan celebrations, reported state news agency Wam . The project was implemented by the Sharjah Public Works Department (SPWD) in co-operation with Al Awqaf...

May 31, 2018 no comments 260
Proceeds of the sale would be used to pay down debt and to support growth plans: DAE Chief Executive DUBAI - Dubai Aerospace Enterprise (DAE), one of the world's largest aircraft lessors, said on Wednesday it had signed three agreements to sell 16 aircraft worth $900 million. Proceeds...

May 31, 2018 no comments 328
Bisher Barazi, the Chief Financial Officer of Abraaj's private-equity unit, and Matthew McGuire, the unit's Chief Operating Officer, resigned The departures come mere months following their appointment as part of the private-equity firm’s restructure Two more senior executives at...

May 30, 2018 no comments 318
Dubai Department of Economic Development hails ruler's new move to stimulate business in the emirate The Dubai Department of Economic Development (DED) on Tuesday hailed a new decree to exempt companies from administrative fines in a fresh effort to stimulate business in the emirate. A...

May 30, 2018 no comments 390
Ibrahim chaired a strategy meeting at the headquarters of the Middle East's largest private media company in Dubai DUBAI- Saudi Arabian authorities have allowed MBC Group chairman Waleed al-Ibrahim to leave the kingdom for the first time since he was swept up in an anti-graft purge late...
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