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Salaries in real estate sector likely to stay stable in 2016

  Ritika Sharma / Emirates Business Despite the volatility in the market, real estate industry salaries are expected to remain stable in the coming months of 2016. A GCC-centric survey has revealed this. The average monthly salaries for the Middle East real estate sector in the region are projected to hover around an average of AED44,392, with annual bonuses averaging ...

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UAE, UK sign tax pact

DUBAI / WAM The UAE, represented by the Ministry of Finance (MoF), signed on Tuesday an agreement on the avoidance of double taxation with the United Kingdom, in the Ministry’s premises in Dubai. The pact aims to enhance the economic and trade relations between the two countries, and protect companies and individuals from direct or indirect double taxation.

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Bloomscape wins contract

ABU DHABI / WAM Bloomscape, a Bloom Holding subsidiary specialised in landscape design and contracting, has won a landscaping contract worth AED 6.5 million from Nibras Al Ain Aerospace Park (Nibras) by Mubadala Aerospace. The contract with Bloomscape was signed with the Main Contractor of the project, Tristar Engineering & Construction The scope of work includes landscaping, irrigation, hardscape lighting and ...

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