Recent Posts

Dubai realty brokers earn AED1.5bn from 32,932 transactions

  Dubai / Emirates Business Dubai Land Department (DLD) announced in its latest report that the total value of real estate brokers’ commissions for 2016 totaled over AED 1.5 billion from 32,932 transactions, while Dubai’s real estate market also attracted 5,933 active brokers and 2,285 registered brokerage offices. The AED 1.5 billion figure describes the amount of commission earned by ...

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DEWA records 89.1% on community happiness index

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) conducted a survey to measure the happiness index of the community for 2016, in cooperation with a leading expert in the field. DEWA recorded a happiness index of 89.01 percent, compared to the 87.12 percent recorded in 2015. These results reflect DEWA’s commitment towards achieving the happiness of the community, and ...

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Multi-speed inflation poses an ECB dilemma

  The European Central Bank has spent the last few years battling the threat of deflation with a combination of negative interest rates and a bond-buying splurge. There’s now enough evidence to suggest ECB President Mario Draghi should at last acknowledge that inflation has returned. But even if he does, the fissures underlying the euro zone economy will prevent the ...

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