Monday 25 July 2016
 
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Damac's Akoya Imagine Phase One villas sold out

Damac Properties announced today that Phase One of its Akoya Imagine villas in Dubai, UAE, has been sold out, and the launch of the second phase is planned for the end of July. The contemporary-styled villas, which are designed and priced to attract professionals in the under-35

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Dubai home prices down in H1; further slide seen

Dubai residential prices dropped in the first half (H1) of the year, a report said, projecting further declines. “Some claim this is a supply story, but supply has expanded slowly over the past thirty months,” said Jesse Downs, managing director of Phidar Advisory, an

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Oman’s mining firms seek early approvals

Oman’s mining industry has urged authorities to incorporate clear clauses for speedy processing of mining licences in order to avoid project delays and possibility of losses arising from wide fluctuation in metal price in the global markets, said a report. Top-level officia

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200 exhibitors to take part in Big 5 Kuwait

The Big 5 Kuwait 2016, taking place from September 25 to 27 at the Kuwait International Fair, will host over 200 local and international exhibitors across 4,700 sq m of space. Thousands of certified products will be introduced from 24 countries at the event, said organisers.

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Abu Dhabi retail property market stable in Q2

Prime retail developments in Abu Dhabi, UAE, continued to display stability in both rental and occupancy rates during the second quarter (Q2) of the year, according to a report released by global real estate consultancy firm CBRE. All major malls in the capital have maintained hi

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Dubai Science Park welcomes partners to new HQ

Dubai Science Park (DSP), a freezone promoting the science sector in the UAE, has announced the names of five new global business partners set to join the community, and five others who plan to relocate to DSP’s new head quarters tower. Boston Scientific Middle East, a glob

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Turkey's Land of Legends theme park opens

Land of Legends, Turkey's largest edutainment centre, officially opened its doors to guests in Antalya this month. Designed and built as a joint venture by Rixos Hotels, Emaar Properties and Dragone Productions, the theme park takes youngsters and adults on the journey of the

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Experts to discuss corrosion issues

Experts in the field of corrosion technology will discuss the latest innovations in anti-corrosion technologies at a major event in Saudi Arabia in November. Fleming's fifth Annual Corrosion Management 2016 conference, taking place from November 28 to 29 in Al Khobar, will sh

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Aldar eyes Al Ain as key growth market

Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, views Al Ain as a key expansion market for its retail portfolio, driven by its significant local population and vibrant business landscape, the company said. According to U

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Abu Dhabi real estate market suffers decline

The real estate market in Abu Dhabi, UAE, saw a minor decline during the second quarter in most sectors for the first time in three years, said a report. While supply is under control, reduced demand from the contraction of the oil sector and lower government spending has started

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