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Abu Dhabi expected to deliver 11,000 new homes in 2019

Abu Dhabi expected to deliver 11,000 new homes in 2019

The medium to long-term outlook for Abu Dhabi's real estate market is encouraging despite downward corrections and new supply, according to a new report.

Chestertons said the future is brighter thanks to a AED50 billion government stimulus package and the introduction of new visa rules to encourage expats to stay longer in the UAE.

Its Observer:

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GCC economy forecast to grow by 2.3% in 2019

GCC economy forecast to grow by 2.3% in 2019

The GCC is expected to post economic growth of 2.3 percent in 2019, a marginal improvement on the previous year of 0.3 percent, according to a new report by the Institute of Chartered Accountants in England and Wales (ICAEW).

It said the GCC economy will be weighed down by renewed OPEC-plus oil production cuts and lower oil prices, with the main

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Sharjah, Ajman remain affordable as prices continue to fall

Sharjah, Ajman remain affordable as prices continue to fall

Both Sharjah and Ajman remain affordable alternatives for buying and renting properties in the UAE, according to real estate portal Bayut.com.

Prices have dropped on average across popular districts for both emirates, but return on investment (ROI) has remained high, reaching up to 7 percent in Sharjah and over 11 percent in Ajman for certain

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UAE, UK share 'bold vision' for future, says ambassador

UAE, UK share 'bold vision' for future, says ambassador

The United Arab Emirates and the United Kingdom stand together with a "bold vision" for the future, according to British Ambassador Patrick Moody.

He was addressing guests at the annual Embassy reception to celebrate the official birthday of Britain’s Queen Elizabeth, state news agency WAM reported.

Moody said the approach of "taking what is best

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Dubai, Hong Kong sign agreement to bolster Islamic economy

Dubai, Hong Kong sign agreement to bolster Islamic economy

Dubai Islamic Economy Development Centre (DIEDC) has signed a memorandum of understanding with the Hong Kong Trade Development Council (HKTDC) to exchange knowledge and best practices in Islamic economy, as well as boost bilateral relations between Dubai and Hong Kong.

Abdulla Mohammed Al Awar, CEO of DIEDC, and Raymond Yip, deputy executive

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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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