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Rera to start registration of property marketing deals

Dubai: Dubai Real Estate Regulatory Authority (Rera) will start registration of property marketing deals and offers through its online property registration portal (Semsari) for real estate brokers, which aims to regulate the real estate market and eliminate the phenomenon of unlicensed brokers. Engineer Marwan Bin Galita, CEO of Rera, said the

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NBAD Cautious Income Fund to distribute dividend

Abu Dhabi: The National Bank of Abu Dhabi’s (NBAD) Cautious Income Fund will make a semi-annual distribution of 1.97 per cent on the back of strong performance and robust asset growth. The dividend is earned from its inception on September 27, 2011 making an annualised yield of 3.44 per cent. The Cautious Income Fund, launched to meet market’s dem

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Qtel ups stake in Kuwait Wataniya in $1.8b deal

Dubai: Qatar Telecom (Qtel) has nearly doubled its stake in Kuwait’s number two operator Wataniya to 92.1 per cent, giving an instant boost to its bottom line and more control of subsidiaries in the high growth markets of Algeria and Tunisia.

Qtel, which operates in 16 countries across the Middle East, Africa and Asia, will pay 519.1 million

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UAE Indices move in opposite direction

Dubai:The Dubai Financial Market (DFM) index on Sunday rose to its highest level since April 26 as investors speculated there would be increased profitability from major listed companies in the fiscal third quarter ended in September.

The trading volume and the liquidity indicated strong bullish moves by investors as the market index surged.

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WEF arrangements finalised

Dubai:The Supreme Council of Energy announced yesterday that all the arrangements for the World Engergy Fourm in Dubai has been finalised.

Saeed Al Tayer, Vice chairman of the Supreme Council of Energy, unveiled the final arrangement of hosting the World Energy Fourm in Dubai, during a conference attended by Shaikh Ahmad Bin Saeed, President of

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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