Wednesday 24 August 2016
 
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abu dhabi

Landmark plans 20 new stores in Reem Mall tie-up

Landmark Group, a top retail and hospitality conglomerate, has announced a major new agreement with Reem Mall, Abu Dhabi’s latest retail and leisure destination, which will see 23 new stores opening in the UAE capital in 2018.

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Pop star Ragheb Alama to open Yas Mall Fashion Week

Having announced that Yas Mall’s Fashion Week will take place this year on October 12-15, new exciting details were revealed today. Yas Mall Fashion Week, a four-day fashion extravaganza, will open with a spectacular concert

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Rental returns stay strong in Dubai, Abu Dhabi

Dubai and Abu Dhabi, the UAE's leading property markets, continue to be safe havens for global realty investors despite a downward trend in prices, says a report. Though rents have seen periodic adjustments, the UAE’s un

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Rental returns stay strong in Dubai, Abu Dhabi

Dubai and Abu Dhabi, the UAE's leading property markets, continue to be safe havens for global realty investors despite a downward trend in prices, says a report. Though rents have seen periodic adjustments, the UAE’s un

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Abu Dhabi hires advisers for fund merger

Abu Dhabi's government has hired Bain & Co and Landor Associates to advise on the merger of two of the emirate's biggest sovereign funds, a source familiar with the matter told Reuters. In late June, Abu Dhabi announce

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Manazel H1 revenues stay steady

Manazel Real Estate, a leading UAE developer, has reported a revenue of Dh267.4 million ($72.78 million) for the first half of this year, compared to Dh262.8 million ($71.53 million) during H1 2015. Manazel demonstrated stable per

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Etihad flies to Venice

Etihad Airways, the national airline of the UAE, will expand its services to Italy with a daily flight to Venice Marco Polo Airport. The new service will begin from October 30 and be served by an Airbus A319, offering 16 seats in

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Abu Dhabi property yields at 5pc as rentals fall

Abu Dhabi property yields continue to be attractive to investors with an average return of 5 per cent despite a 2 per cent decline in residential rental rates, said a new report by Chestertons Mena, a leading international property agency.

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Taqa Q2 net loss widens to $160m

Abu Dhabi National Energy Co (Taqa), the state-owned oil explorer and power supplier, on Wednesday reported a second-quarter net loss of Dh588 million ($160.2 million), as it was hit by low oil prices. This compares with a net los

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Axiom launches new concept store in Abu Dhabi

Axiom telecom, the UAE’s largest mobility retailer, has brought its ‘experiential shopping’ to Abu Dhabi with the first-of-its-kind retail concept in the emirate. The launch of axiom’s innovative shopping c

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