Industry news
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19 February 2013Dubai Financial Market Records AED 35.2 Million Profit in 2012
DFM is on the threshold of a new phase of growth due to the thriving economic climate in UAE
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19 February 2013Record Property Investment by Sovereign Funds
Sovereign wealth funds sunk a record portion of their investments into property last year as trophy assets in London, Paris and Moscow proved more attractive than low-yielding bonds or choppy stocks.
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19 February 2013UAE seen to drive GCC and India trade to $175b in 2013
India’s Minister of Commerce and Industry Anand Sharma on Sunday predicted that his country’s trade with the GCC would cross $175 billion early this year given “the strong dynamism in our two-way trade with the UAE”, which was close to $74 billion in 2012.
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19 February 2013Egyptians invest EGP 1.4bn in Dubai real estate last year
Demand for real estate projects in the Emirate is set to increase at a faster rate than supply during the coming year, say experts
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19 February 2013Dubai unveils Bluewaters island project
Dubai is n a roll to boost its tourism portfolio, in a recent development, a new US$1.6 billion island development has been announced off the coast of Dubai.
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19 February 2013All set to stay strong
The dubai property market has always been the litmus test for the overall success of the emirate. It drives consumer confidence, the stock markets and the banking industry.
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