Sunday 24 September 2017
 
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Mena 'in need of over 3,000 hospitals by 2020'

More than 3,000 new hospitals will have to be built in five major cities across the Middle East and North Africa (Mena) region by 2022 to cater to the growing healthcare demand of the citizens, said a report by leading property expert JLL.

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Mena 'in need of over 3,000 hospitals by 2020'

More than 3,000 new hospitals will have to be built in five major cities across the Middle East and North Africa (Mena) region by 2022 to cater to the growing healthcare demand of the citizens, said a report by leading property expert JLL.

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Azizi to launch two big Dubai Water Canal projects

Azizi Developments, a leading UAE-based real estate company, is set to launch two new mega developments at the Meydan One project near Dubai Water Canal in the fourth quarter of this year. The announcement comes following the succ

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Deyaar unveils $272m mixed-use development

UAE-based Deyaar Development has announced the launch of South Bay, a premium residential, serviced apartment and hotel property to be developed at an estimated cost of Dh1 billion ($272 million) in Dubai. Located in Business Bay,

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Dubai 'safe haven' for Saudi property investors

Saudi investors will continue to put their faith in Dubai's real estate because the emirate’s property market has a proven reputation for delivering long-term benefits, said a leading developer on the sidelines of Cityscape Global expo

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JLL appoints new country head for Saudi Arabia

JLL, a leading real estate investment and advisory firm, has appointed Ibrahim Albuloushi  as its new national director and country head for Saudi Arabia. Albuloushi is an international executive with 20 years’ experien

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Manazel posts 81pc increase in H1 net profit

Manazel Real Estate, a leading UAE developer, today reported a net profit increase of 81 per cent to Dh56.5 million ($15.38 million) for the first half of this year, compared to Dh31.2 million ($31.2 million) in H1 2016. Consolida

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Eshraq Properties back in black

The UAE-based Eshraq Properties posted a profit for the second quarter of this year after reporting losses for the last two years, the listed real estate firm said. The company realised a profit of Dh636,000 ($173,155), against a

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Dubai real estate transactions value hits $36bn in H1

Real estate transactions in Dubai, UAE, during the first half (H1) of the year reached a value of Dh132 billion ($36 billion), achieved through 35,571 sales, mortgages and other transactions, according to figures released by Dubai Land Departmen

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Dubai records highest off-plan transactions in July

July 2017 has showed the highest number of off-plan apartment transactions ever recorded since Dubai Land Department started sharing Oqood data with the public in 2012, a report said. “There are still four days left in July,

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