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JLL appoints CEO for Middle East and Africa JLL has named Thierry Delvaux CEO of its MEA business.

JLL appoints CEO for Middle East and Africa

The appointment of Thierry Delvaux, who succeeds Alan Robertson, will take effect on 4 March, 2018


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Dubai's Union Properties buys stake in Egyptian developer

Dubai's Union Properties buys stake in Egyptian developer

Firm says it has acquired 5.68% interest in Palm Hills through new investment arm
 
DEWA unveils five-star mark at head office for customer happiness

DEWA unveils five-star mark at head office for customer happiness

The Crown Prince of Dubai and Chairman of the Executive Council of Dubai has unveiled the five-star mark at Dubai Electricity and Water Authority (DEWA) head office for customer happiness
 
Depa to convert Nasdaq Dubai listing currency to UAE Dirhams

Depa to convert Nasdaq Dubai listing currency to UAE Dirhams

Depa expects the change in the listing currency to increase the attractiveness of its shares to institutional and retail investor bases
 
Abu Dhabi aluminium, copper trade grows by nearly 30% in 10M

Abu Dhabi aluminium, copper trade grows by nearly 30% in 10M

Aluminium and copper trade in the UAE capital of Abu Dhabi reached $3.5bn (AED12.8bn) in the first 10 months of 2017
 

 

Rove Hotels, EmiratesGBC to launch green key initiative for 15 hotels

Rove Hotels, EmiratesGBC to launch green key initiative for 15 hotels

Emaar Hospitality Group and Rove Hotels have partnered with Emirates Green Building Council (EmiratesGBC) to secure the Green Key certification for around 15 of the brands operational hotels and leisure assets in Dubai
 
UAE's Union Properties in final stages of Emicool stake sale

UAE's Union Properties in final stages of Emicool stake sale

Emicool, jointly formed in 2003 by Union Properties and Dubai Investments, will be sold as the Motor City developer looks to diversify and expand its operations
 
Value of Dubai’s 2017 real estate transactions exceeds $77bn

Value of Dubai’s 2017 real estate transactions exceeds $77bn

In 2017, Dubai recorded 69,000 real estate transactions worth more than $77.6bn (AED285bn), according to Dubai Land Department
 
Lootah Real Estate acquires property in Dubai’s International City

Lootah Real Estate acquires property in Dubai’s International City

Lootah Real Estate Development will finalise the remaining 40% of construction work on the B+G+7 residential building, before handing it over for leasing in Q1 2018
 
Dubai Land Department to hold three-day property show in April

Dubai Land Department to hold three-day property show in April

Set to take place at the Dubai World Trade Centre from 9-11 April, Dubai Property Festival will be a sales and purchase event aimed at attracting global investment into the UAE
 
Survey finds 40% of residents plan to buy UAE property in 2018

Survey finds 40% of residents plan to buy UAE property in 2018

The annual YouGov survey, conducted by IP Global, found that property remains the preferred investment asset of UAE residents
 
Bahrain’s Alba sets new record with 2017 production volume

Bahrain’s Alba sets new record with 2017 production volume

Alba's 2017 production volume hit 981,016 metric tonnes per annum (mtpa), 1% higher compared to 2016
 
Abu Dhabi's most demanded apartment locality of 2017 revealed

Abu Dhabi's most demanded apartment locality of 2017 revealed

Bayut.com has revealed the "most in-demand area" for apartment rentals and purchases, as well as the neighbourhood with the highest-priced studio units, in Abu Dhabi
 
Majid Al Futtaim to open $18.6m mall in Ras Al Khaimah

Majid Al Futtaim to open $18.6m mall in Ras Al Khaimah

New mall will be Majid Al Futtaim's first in the northern most emirate of the UAE
 
Oman-based Galfar appoints new chief financial officer

Oman-based Galfar appoints new chief financial officer

Galfar Engineering and Contracting Company has announced the appointment of S Ananthasubramanian as the company’s new chief financial officer effective from 7 January, 2018
 
Saudi's Dar Al Arkan eyes IPO to sell 30% of property subsidiary

Saudi's Dar Al Arkan eyes IPO to sell 30% of property subsidiary

Up to 30% of Dar Al Arkan Properties Co, which holds assets worth $720bn across the kingdom, will be sold through the IPO, it has been confirmed
 



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