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Nakheel woos investors with AED4bn plan

DUBAI / WAM UAE master developer Nakheel , creator of some of the world’s most famous landmark real estate projects, is targeting European investors with a diverse range of products worth AED 4 billion (€1 billion) as it attends MIPIM, the world’s largest real estate event, for the first time. Investment opportunities include around 100 land plots for commercial, residential ...

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TCA plans to beckon Europeans

ABU DHABI / WAM Abu Dhabi will highlight its tourism credentials as a destination of distinction when a delegation, led by Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, embarks on a roadshow to four European countries in four days. In a bid to build on impressive numbers of inbound tourists from the continent, the delegation will visit Milan, ...

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Dubai stocks advance most in Mideast as ECB spurs ‘appetite’

Bloomberg Dubai stocks advanced the most among Middle Eastern equities as the European Central Bank’s monetary stimulus boosted demand for emerging-market assets, adding fuel to bullish sentiment in the emirate. The DFM General Index climbed 1.4 percent to 3,401.03, extending four weeks of gains, the longest streak since April. Emirates NBD PJSC, the emirate’s biggest lender, added 4.6 percent to ...

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