Friday 28 April 2017
 
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Arabtec wins investors' nod for $408m rights issue

Arabtec Holding, a leading construction company in the Middle East, said it has won approval from its shareholders for a Dh1.5 billion ($408.2 million) rights issue to recapitalise the company. The Dubai builder had in February be

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Bahrain to issue new ID cards to GCC investors

Bahrain government is set to issue special Bahraini ID cards to all GCC and global investors in a bid to help them complete their transaction procedures at various service departments in the kingdom without any hassles. The move c

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Bahrain to issue new ID cards to GCC investors

Bahrain government is set to issue special Bahraini ID cards to all GCC and global investors in a bid to help them complete their transaction procedures at various service departments in the kingdom without any hassles. The move c

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Private investors sought for Iran's airports development

Iran is looking to revamp its airport system and is seeking private investors to fund the $3-billion facelift, said a report. According to a report in Iran Daily, the government is looking to expand the Mehrabad, Imam Kho

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EU firms woo Gulf investors with Golden Visas

A number of companies from European countries such as Spain, Portugal, Malta, Greece and Cyprus will be at the upcoming International Property Show (IPS) in Dubai, UAE, to woo regional investors with Golden Visa programmes. A show

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Saudis second biggest non-local player in Dubai real estate

Saudi Arabian investors have emerged as second biggest players in Dubai's real estate sector among the Gulf states with 3,294 transactions worth Dh8 billion ($2.17 billion) last year, according to  a report issued by Dubai Land Departme

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New UK property rule 'may hit Mideast investors'

A new UK legislation, which comes into effect on April 6, is likely to impact thousands of non-UK domiciles in the Middle East who have invested in the British property market through an offshore corporate structure, said an expert.

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Dubai 'safe haven for Indian property investors'

The Indian investors will continue to put their faith in Dubai's real estate sector in 2017 as the emirate has a proven reputation for delivering long-term benefits, said a UAE-based developer. Dubai’s status as a safe h

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Mideast investors pump $5.2bn into UK hotel projects

Funds worth $5.2 billion of cash from the Middle East has found its way into hotel developments in the UK and mainland Europe, according to the property broker CBRE. When it comes to balancing risk and reward in real estate, citie

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Aldar supports dialogue for regional hotel investors

UAE-based Aldar Properties is reprising its role as Founding Patron of the Gulf and Indian Ocean Hotel Investors’ Summit (GIOHIS), which returns for its second edition to the UAE capital in February.   GIOHIS, which is t

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