Wednesday 21 February 2018
 
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MAG Group

MAG Group backs Sandooq Al Watan initiative

UAE-based property developer MAG Group has provided Dh3.3 million ($723,733) in donations to Sandooq Al Watan, a national initiative launched by prominent Emirati businessmen to support research projects for the post-oil era. &nbs

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MAG Group backs Sandooq Al Watan initiative

UAE-based property developer MAG Group has provided Dh3.3 million ($723,733) in donations to Sandooq Al Watan, a national initiative launched by prominent Emirati businessmen to support research projects for the post-oil era. &nbs

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MAG Group awards Dubai Creek resort deal

MAG Lifestyle Development, the development arm of MAG Group, has appointed Dar Alwd Contracting as the infrastructure contractor for MAG Creek Wellbeing Resort, the first wellness-inspired development in the Middle East.  &nb

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MAG rebrands property development unit

Dubai-based MAG Property Development (MAG PD) has rebranded itself as MAG Lifestyle Development as part of the evolution of the company’s long-term strategic vision and roadmap for the future. The strategic rebrand focuses M

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Shoumous launches UAE’s first full-service plots

Shoumous Properties, a joint venture between UAE-based Albatha Real Estate and Moafaq Al Gaddah (MAG) Group, one of the region’s largest corporate entities based in Dubai, said it will set up the country's first fully-serviced plot fac

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MAG plans $4bn investment in Dubai property

Dubai-based MAG Group plans to invest up to Dh15 billion ($4.08 billion) in the future of Dubai and the wider UAE especially in the build-up to Expo 2020, said its chairman. Outlining the company’s investment plans across re

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MAG Group to launch $884m Dubai projects

Dubai-based multinational MAG Group will unveil a quartet of new Dubai freehold residential and retail leasing projects at Cityscape Global this month, with a combined sales value of Dh3.25 billion ($884 million).  

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Dubai 'must focus on attracting expats'

Dubai must focus heavily on continuing to attract expatriates and foreign companies, says a leading property developer. “I believe we will soon see the bottom of the current crisis but if we are to avoid the boom and bust cycle of the rece

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Mag urges banks to ease credit on home loans

Mag Group Property Development has called on banks to relax their lending criteria to prospective mid-price range home owners in order help them to raise affordable mortgages. Mohammed Nimer, CEO of Mag, which is involved in Dh3 billion ($

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Mid-priced 'properties to pick up first'

The end-user demand for affordable homes from mid-income bracket will drive sales of mid-range properties in the region, according to a top property expert. Mohammed Nimer, CEO of MAG Group Property Development, said 'With mid-range pr

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