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Dubai's residential market stable; nets strong ROIDubai's residential property market remained stable fetching strong returns on investment (ROI) even as rents and sales prices softened in 2017, according to a report. The prevailing trend in Dubai property is the attrac More… |
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China's manufacturing sector stays stableChina's manufacturing sector remained stable in May, revealed an official survey. The manufacturing purchasing managers' index (PMI) came in at 51.2 in May, flat with April, according to data from the National Bureau of St More… |
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Dubai residential market to remain stable in H1The residential market in Dubai continued to soften in 2016, albeit at a slower rate, according to leading real estate industry expert Knight Frank. Sale prices in the mainstream market dropped five per cent in 2016 compared to se More… |
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Nakheel's nine-month profit surges 8pc to $1bnNakheel, a leading Dubai-based developer, has registered a net profit of Dh3.91 billion ($1.06 billion) for the first nine months of this year, up 8.3 per cent over the profit of Dh3.61 billion ($982 million) for the same period last year. More… |
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Iran supports $50-60 oil price, stability measuresIran supports an oil price of $50-60 per barrel and any measure to stabilise the market, state TV quoted the country's oil minister as saying on Tuesday. "Iran wants a stable market and therefore any measure that helps th More… |
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Abu Dhabi residential market remains stableThe residential segment of Abu Dhabi remained relatively stable in terms of demand and supply during the first quarter of 2016, according to a report. Due to a limited new supply that entered the market during the period (only 1,0 More… |
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Dubai’s office rents stable in Q1 amid growing demandStability in office rents in Dubai’s main markets will persist throughout the first quarter of 2016 as a result of continued high demand from both international and domestic occupiers, according to leading real estate consultancy Cluttons. More… |
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Dubai office market stable after solid growthFollowing a period of strong growth, the office property market in Dubai, UAE, is showing signs of stabilising, with average rents remaining virtually unchanged across all the city’s major submarkets and free zones, said a report. More… |
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Moody’s upgrades JAFZ’s rating, outlook ‘stable’Moody's Investors Service has assigned a Baa3 senior unsecured issuer rating to the Jebel Ali Free Zone (JAFZ). Concurrently, it has upgraded to Baa3 from Ba1 the rating of JAFZ's $650 million sukuk iss More… |
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SNIC gets credit ratings, outlook boostBahrain-based Saudi National Insurance Company (SNIC) has had its insurer financial strength and counterparty credit ratings affirmed as ‘BBB’ and outlook as ‘stable’ by Standard & Poor’s. The age More… |
