Dubai / Emirate Business Damac Properties has awarded a construction contract worth approximately AED600 million to China State Construction Engineering Corporation (CSCEC) for the construction of one of the towers at Aykon City, Damac’s premiere luxury master development on Sheikh Zayed Road overlooking Dubai Canal. The contract covers main works construction for the tower which consists of serviced apartments within ...

Dubai / Emirates Business Indian nationals, who form the largest foreign investor group in Dubai’s real estate, have bought properties worth AED 83.65 billion in the last five years – from 2013 to 2017 – in Dubai’s property sector, according to statistics compiled by Dubai Land Department. They invested AED15.6 billion in Dubai’s real estate in 2017, AED 12 billion ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, visited the Global Education Supplies and Solutions Exhibition (GESS) on Tuesday. The three-day event is being organised by the Ministry of Education in co-operation for the 11th consecutive year in the Dubai World Trade Centre. His Highness Sheikh Mohammed ...