Dubai Properties Group (DPG), a real estate developer owned by the emirate's ruler, will increase its revenue in 2015 and a rising population will help support residential prices, the company's chief executive said on Sunday.
Dubai Properties Group, owned by the emirate's ruler, has appointed Abdullatif AlMulla as chief executive, it said in a statement said.
The company also named Naaman Atallah as CEO of its subsidiary Dubai Properties, which man
Dubai Holding, the global investment holding company, has announced key senior appointments at Dubai Properties Group (DPG), master developer of world class destinations across the Emirate to further drive DPG’s future growth plans.
Emirates International Telecommunications (EIT), a unit of Dubai Holding, said on Sunday it plans to sell its 60 per cent stake in Maltese telecom operator Go.
The company owned by Dubai's ruler said in an emailed statement it
Dubai Holding, the investment vehicle of the emirate's ruler, has promoted two members of management to the roles of managing director and chief executive, the company said.
CEO Ahmad Bin Byat has been promoted to vice-chairma
Dubai Holding Commercial Operations Group (DHCOG), part of a conglomerate owned by the emirate's ruler, reported a 42 per cent increase in 2014 net profit in Sunday as property and land sales boosted earnings.
The company made
Jumeirah Group, the Dubai-based hotels operator, plans to almost double its hotel portfolio to 42 by 2018, its president said, shrugging off geopolitical tensions such as the Ukraine crisis and economic risks in the euro zone and China.
Dubai Holding, the investment vehicle of the emirate' s ruler, has no plans to list itself or any of its subsidiaries on the stock market, its chief executive said on Tuesday.
Dubai Financial Market, the emirate's main bou
A unit of Dubai Holding, the investment vehicle of the emirate's ruler, has mandated banks to raise a syndicated loan, with two banking sources saying the facility would be worth Dh4 billion ($1.1 billion).
Dubai ruler's flagship company Dubai Holding said it will start work on the first phase of its ambitious $6.8 billion 'Mall of the World' project, in the first quarter of 2015.
Dubai Holding is currently appointing spe