Saturday 23 August 2014
 
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London

Deloitte, Savills appointed to sell London’s Gherkin

Savills, a global real estate services provider, and Deloitte Real Estate have been jointly instructed to sell the iconic Gherkin, a 40-storey skyscraper in the heart of the financial district of London. It follows the appointment

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Momentum behind London property boom fading

Momentum behind London's property boom appears to be fading, according to a survey on Thursday that added to signs that rapid house price growth in Britain is starting to moderate. The Royal Institution of Chartered Surveyors&

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Dubai Property Show to launch in London

An exclusive property expo showcasing unique targeted properties of Dubai and other parts of the UAE will be held London next year. Sumansa Exhibitions, a Dubai-based event’s organising company, announced the launch of the “

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Conrad Hotels Westminster to open in Sept

The luxurious Conrad Hotels & Resorts, Westminster is expected to welcome guests beginning in September 2014, following a franchise agreement with Supreme Hotels.   The hotel will join the Hilton Worldwide portfolio of 23

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Harrods pride of place for Dubai's Delice

Dubai-based luxury chocolate and confectionery brand Delice has been launch at the most exclusive Chocolate Room in the world at Harrods’ London. Delice has confirmed that the London-based luxury store will become the city&r

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Arab Film, TV Awards to have 25 categories

Producers of the first annual Arab Film and TV Awards (AFTVA) have announced the 25 awards categories that will honour the very best of Arab film and TV talent from around the world. The award categories are: Best Film, Best Actress in

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ME investors buying prime London property

More and more investors from the Middle Eastern region are buying residential properties in prime areas of Central London, according to JLL, a leading real estate investment and advisory firm. International residential developers

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US drugmaker AbbVie offers $51bn for Shire

US drugmaker AbbVie raised its offer for London-listed hyperactivity and rare diseases specialist Shire to 30.1 billion pounds ($51.3 billion) on Tuesday, hoping to win over its reluctant target after three earlier offers were rejected.

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Dubai's Shelf Drilling cancels London IPO

Dubai-based oil rig supplier Shelf Drilling has cancelled its London initial public offer of shares in an unsurprising move given the lack of any messaging on subscription levels or price guidance during bookbuilding. "This d

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Baggage chaos at London’s Heathrow airport

London's Heathrow Airport is working to reunite thousands of bags with their owners after computer failures at its flagship terminal, plunging its new chief executive straight into firefighting mode. The baggage system went do

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