Sunday 31 August 2014
 
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DREC

Dubai state firm takes over Zabeel management

  State-owned Dubai Real Estate Corp (DREC) has taken over the management of Zabeel Investments, the indebted firm owned by Dubai's crown prince, the chief executive of Investment Corporation of Dubai said on Tuesday.

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Dubai state firm takes over troubled Zabeel

State-owned property firm Dubai Real Estate Corp (DREC) has taken over management of troubled Zabeel Investments, which is owned by the crown prince of Dubai, two sources familiar with the matter said on Thursday. Zabeel, which ha

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wasl updates government bodies on projects

wasl, the asset management group owned by Dubai Real Estate Corporation (DREC), has updated officials of key Dubai Government organisations on the status of its completed and upcoming projects. wasl offered details on the availability of r

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DED, DREC join forces to woo investors

The Dubai Department of Economic Development (DED) and the Foreign Investment Office (FIO) have signed a MoU with the Dubai Real Estate Corporation (DREC) to attract international investors to do businesses in Dubai. The MoU emphasises col

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DREC unit to redevelop key Dubai properties

Dubai Real Estate Corporation's (DREC) asset management group, wasl, said it will redevelop a number of landmark properties in Dubai as part of its mandate to oversee and ensure sustainable development of real estate s

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Wasl supports UAE GDA

Wasl, the asset management group owned by Dubai Real Estate Corporation (DREC), said it is strategically supporting the UAE Genetic Diseases Association's (UAE GDA) drive against Thalassemia through highly informative awareness sessions on the gen

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DREC to set up asset management group

Dubai Real Estate Corporation (DREC), announced the establishment of ‘wasl’, an asset management group to oversee its rapidly expanding asset portfolio. Key business areas that ‘wasl’ will be focusing on are project management, property ma

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DREC offers 20pc rent cut for small enterprises

Dubai Real Estate Corporation (DREC) and Sheikh Mohammed bin Rashid Establishment for Young Business Leaders (SME) have signed an agreement that will provide SME members with a 20 per cent discount on the lease of commercial premises owned by DREC

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Drec joins EEG environment protection drive

Dubai Real Estate Corporation (Drec) has become an associate member of the Emirates Environmental Group (EEG). The EEG membership will assist Drec in contributing effectively to environmental protection, while sustaining the well-being of

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DREC contracts PwC to develop strategy

Dubai Real Estate Corporation (DREC) has recently signed a contract with PricewaterhouseCoopers (PwC) to assist the corporation in developing its strategic framework. The ourpose of the deal is to rationalise DREC’s current base and settin

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