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Emirates Securities Market down by -0.75 percent

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.75% to close at 4622.61 points. Accordingly the Market Capitalization has lost AED 5.7 billion attaining AED 749.85 billion. A total of 473.36 Million Shares were traded with a total value of AED 0.75 billion during the trading session of 28-04-2016 through 6558 transactions. The number of companies ...

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NYC’s luxury-apartment glut hits landlord Equity Residential

  Bloomberg A cool-down in Manhattan’s apartment-rental market is hitting the bottom line of Equity Residential as the landlord is forced to offer concessions to tenants who suddenly have a lot of competition to choose from. “New York City just turned very quickly and more deeply than we expected,” Chief Operating Officer David Santee said on a conference call on ...

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Creating comfy, desirable destinations

  Our Correspondent / Emirates Business Aldar Properties PJSC is the leading real estate developer in Abu Dhabi with US$10 billion in assets, a 75 million sq-mt land bank, and through its iconic developments, it is one of the most well known in the UAE, and in wider Middle East region. From its beginnings in 2005 till today, Aldar continues ...

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