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India records 8.2% GDP growth

Bloomberg India’s economy expanded at the fastest pace in nine quarters, as strong domestic consumption and robust manufacturing growth stamped out global trade-war worries. Gross domestic product grew a stunning 8.2 percent in the three months ended June from a year earlier, the Statistics Ministry said in a statement in New Delhi. That was faster than the 7.6 percent median ...

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Damac awards AED512mn contract for Aykon City

DUBAI / Emirates Business Damac Properties has awarded an AED512 million construction contract to China State Construction Engineering Corporation (CSCEC) to build tower C of AYKON City, DAMAC’s luxury mixed-use development on Sheikh Zayed Road. The new contract covers civil construction works for tower C, the residential tower in the award-winning $2 billion development, overlooking the Dubai Water Canal. “CSCEC ...

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DLD succeeds in achieving big leap in service quality

DUBAI / WAM Dubai Land Department (DLD), announced that it has succeeded in achieving a qualitative leap in terms of improving the level of government services provided to its customers, especially in regards to the facilitating of the procedures, the satisfying of the customers, and the continuous development of these procedures through the Ejari service. DLD attributes this remarkable development ...

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