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Nakheel employee 'under graft probe'
Government-owned developer Nakheel Properties, builder of Dubai’s Palm Islands, has said one of its employees is under investigation on suspicion of bribe-taking in the latest in a series of graft probes in the Gulf business hub. more |
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Dubai Sports City 'to play key Olympics role'
Dubai Sports City’s Academy Campus – the cluster of major training facilities at the heart of the integrated sports destination – could play a major role in preparing competitors for future Olympics, according to senior executives. more |
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The Walk attracts more retailers
Dubai Retail has said The Walk at Jumeirah Beach Residence, Dubai’s first and only outdoor retail avenue by the sea, will soon have 350 retailers. more |
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Dubai launches crackdown on corruption
The Dubai government has launched a campaign to crack down on corruption in public and private real estate and financial firms, a report said. more |
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DREI offers Master’s program
Dubai Real Estate Institute (DREI), the region’s first specialized real estate institution, has launched graduate programs with three in-built degrees. more |
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Hamptons opens sales office at Emaar Square
Hamptons International, one of the premier residential agents, has announced the launch of its new sales office in Emaar Square - the exclusive commercial component of Downtown Burj Dubai. more |
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Deyaar names Giebel as CEO
Deyaar Development, one of the fastest growing real estate companies in the region, has announced the appointment of Markus Giebel as the company’s new chief executive officer. more |
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Tamweel ex-boss under investigation
Dubai mortgage lender Tamweel’s former chief executive and head of investments are under investigation for alleged wrongdoing, their current Dubai employer said on Thursday. more |
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Kuwait July property sales plunge 65pc
Kuwait’s real estate sales plunged 65 per cent in July, the fourth month of decline after private firms were banned from trading in residential property to leash record inflation, according to government data. more |
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