Abu Dhabi / Emirates Business The current slowdown in the UAE real estate market should be seen as a minor correction as opposed to a major crash, according to a Middle East property expert. David Dudley, International Director at JLL MENA, said that while the impact of reduced oil prices on the economy will lead to a short-term slowdown in ...

BLOOMBERG The Bank of Japan’s adoption of negative interest rates two weeks ago hasn’t provided a lasting boost to stock investors or weakened the currency, but it has spurred some optimism for the housing market. With interest rates and bond yields dropping to record lows due to the BOJ’s decision, the Japanese people are starting to notice. Shinsei Bank Ltd. ...

RAS AL KHAIMAH RAK Properties, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, has announced that it has appointed award-winning American firms Perkins Eastman and Wilson Associates to provide their world-renowned expertise in architecture and interior design to Anantara Mina Al Arab Ras Al Khaimah Resort which is set to open in 2018. New York ...