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Khidmah plans to go international with footprint in Europe

Khidmah, an Abu Dhabi-based fully integrated property management service provider, plans to enter the East European market in future, a senior official said

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Swiss-Belhotel plans to deliver 3,500 rooms in the Middle East

Swiss-Belhotel International (SBI), a global hotel management company with over three decades of strong track record, will deliver 3,500 rooms currently under development in key markets such as Jordan, Egypt and Bahrain, a company statement said.

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Gulf hospitality project value exceeds US$148.4 billion in Q1 2017

The total value of 1,153 hospitality projects exceeded Dh544.62 billion US$148.4 billion in the first quarter of 2017, according to BNC Network, – the largest and most comprehensive project research and intelligence provider in the Middle East and North Africa (MENA) region.

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Indian real estate sector at crossroads

India’s real estate market is at a critically ‘interesting’ turn at the moment, treading the fine line between a slump and a revival. While at the moment its fortunes seem bleak and sluggish, experts predict that it will soar and grow at a phenomenal rate in no time

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Interest rates, credit constraints and rent declines belie recent stability

Interest rates, credit constraints and rent declines belie recent stability in Dubai’s estate market, a latest report by Phidar Advisory, said on Monday. The report shows nominal to moderate declines in quarterly price and rents, and a softening of projects.

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Al Zahia launches Al Lilac, its newest neighbourhood

Sharjah Holding PJSC, a strategic partnership between the government of Sharjah and Majid Al Futtaim Properties, announced that Al Zahia, Sharjah’s award-winning, master planned community has launched the Al Lilac neighbourhood.

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Interest rates, credit constraints & rent declines belie recent stability,

Phidar Advisory released its Dubai residential research note for March, on Monday. The report shows nominal to moderate declines in quarterly price and rents, and a softening of projects.

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Dubai land deals value jump 45% in Q1 2017 to Dh77bn

Dubai has recorded a 45 per cent jump in land and real estate transactions value to Dh77 billion during the first quarter of 2017, compared to what it was in 2016, a statement by Dubai Land Department said.

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Shake-up at Dubai Holding management

Ahmed bin Byat, Vice-Chairman and Fadel Al Ali, Chief Executive Officer of Dubai Holding have left the company, a company statement said recently, continuing a string of high-profile staff changes at the investment conglomerate

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