ArabianBusiness.com - Middle East Business News
Thursday, 12 December 2019 21:39 UAE time

EFG-Hermes casts doubt on Nakheel mega-tower

Real Estate
UPDATE 2: Nakheel maintains global downturn to have limited impact.

Aldar Properties appoints new CEO
Real Estate
Chief operating officer John Bullough replaces Ron Barrott, to 'focus on execution and project delivery'.

Alwaleed's Kingdom Holding to build 1km tower
Real Estate
Gulf's second kilometre-high building inside a week announced for Jeddah.

Economy and markets 'sound' - Sheikh Mohammed
Banking & Finance
PM says UAE able to weather global economic slowdown, not hit by credit crunch.


TALKING PROPERTY SPECIAL 2008

Corruption probe to test economy
Four police probes into execs at major real estate and financial firms have raised fears over a lack of regulation and transparency.

John Irish  

Dubai Property Prices - the truth
Together we know where property prices are heading - we just need to extract the truth from our collective instincts.

David Westley

HAVE YOUR SAY

With the falling value of real estate shares, concerns of housing oversupply the market and the widening corruption probe, how do you think property sales fare in the coming months?

Air Your Views

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SPOT POLL

Has the recent spate of project cancellations and delays put you off investing in Dubai’s real estate market?

No, project cancellations are rare and although some projects face delays house prices continue to rise, so real estate is still a good investment.
No, but the recent cancellations and delays have emphasised the need for investors to do their research before choosing where to invest.
Yes, the recent problems have highlighted the risks associated with buying property in Dubai, particularly off-plan, and investors should think twice.
What do you think? Have your say here...

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