Saturday 23 November 2024
 
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Weak market

Abu Dhabi real estate hit by weak job market

Abu Dhabi continues to experience negative growth across all property types due to the weakness in the job market and reduced housing allowances, according to leading real estate consultancy Asteco. The average apartment rental ra

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Weak market delays UAE's first IPO for 2010

The UAE's first IPO of 2010, scheduled for June by lead manager Shuaa Capital, will not take place before the fourth quarter due to the weak market, a banking executive familiar with the matter said. Shuaa said in May it was lead manag

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