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Demand for villas up as rents fall

Increase in supply likely to continue downward price trend, say industry professionals.

June 22, 2010 2:52

Growth hopes for UAE, Qatar, and Saudi are down

New poll suggests growth prospects for Gulf economies have worsened this year.

June 18, 2010 7:54

Luxury sales stagnant in 2010

Al Fahim Holdings chief exec sees 2010 sales matching 2009 figures despite stonger start to year.

June 2, 2010 8:55

Dubai property developers selling units at 2006 prices

A number of real-estate developers in Dubai are bringing down their property prices to 2006 levels…

December 26, 2009 7:23

Air Arabia posts first ever drop in Q3 profit

Sharjah-based budget airline Air Arabia said its third quarter net profits dropped 9 percent due to...

November 14, 2009 9:28

Dubai Investment posts 56pc drop in Q3 net profit

Dubai Investments Co posted a 56 percent decline in third quarter net profit on Sunday...

November 1, 2009 1:26

Salaries in UAE property sector down 30pc in 2009, says study

The nation’s real estate sector has seen a 30 percent drop in salaries in 2009 due to...

October 31, 2009 10:10
Where have all the jobs gone?

Where have all the jobs gone?

Abu Dhabi, Qatar and Saudi Arabia, that's where. Job vacancies in Dubai have fallen 13 percent since 2008. The UAE labor minister predicted this would happen.

July 13, 2009 1:29
Ad spend down 26 pc

Ad spend down 26 pc

Advertising spend in the UAE fell 26 percent in the first half of 2009 compared to the same period in 2008...

July 12, 2009 2:08