UAE President approves VAT law as sectors prepare
The UAE has approved a law to introduce a 5% Value Added Tax (VAT) set
UAE rent prices to remain unchanged in 2017
A scheduled 61,000 units are expected to be completed in 2017, though delays are likely
Strong dollar to affect building material prices
Experts have noted however, especially main-line contractors that building commodity prices are still dealing with
REPORT: Rent prices drop for UAE cities in 2016
Rental prices in Dubai and Abu Dhabi have fallen over the course of the year
Bayut: Dubai apartment rents fall 2% in July 2016
Apartment rents in Dubai became more affordable in July 2016, with a total downward adjustment
Saudi real estate transactions decline in Q1 2016
The deals reaching $22.2bn were the weakest since 2011 and a result of the recession
Dubai property worst global performer in Q2 2015
Knight Frank's Global House Price Index rates Dubai last on a list of 56 residential
September fuel prices reduced by 8% in UAE
Prices of petrol and diesel have been reduced to below AED2 for the month of

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Construction Week - Issue 765
Jun 29, 2020