http://www.thenational.ae RSS http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091121/BUSINESS/711209796/1051/rss Emaar's chairman, Mohammed Alabbar, delivers an upbeat forcast for Dubai at the World Economic Forum. Sat, 21 Nov 2009 00:01:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091119/BUSINESS/711199962/1051/rss Homeowners in The Cove development in Ras al Khaimah could each face service bills of more than Dh100,000 a year. Thu, 19 Nov 2009 18:07:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091118/BUSINESS/711189902/1051/rss Dubai property prices could drop another 30 per cent over the next 18 months and may take at least 10 years to recover to peak levels, a report by UBS says. Wed, 18 Nov 2009 20:58:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091118/BUSINESS/711189962/1051/rss Drake and Scull, an engineering firm based in Dubai, has bought control of a wastewater treatment unit of the German construction company Bilfiger Berger. Wed, 18 Nov 2009 18:20:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091117/BUSINESS/711179852/1051/rss Aabar Investment, a company controlled by the Abu Dhabi Government, is helping fund the development of a 73-storey luxury apartment building and hotel in New York City. Tue, 17 Nov 2009 21:10:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091116/BUSINESS/711169962/1051/rss Insight Top players are heading to Jumeirah Golf Estates while many home owners are still waiting to move in. Mon, 16 Nov 2009 17:09:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091115/BUSINESS/711159964/1051/rss Union Properties, the third-largest developer in Dubai, has reported a loss of Dh152.3 million in the third quarter. Sun, 15 Nov 2009 18:14:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091115/BUSINESS/711159968/1051/rss The company behind one of the most expensive villa developments in Dubai is in talks to build a similar project in Saudi Arabia. Sun, 15 Nov 2009 16:46:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091114/BUSINESS/711149878/1051/rss Financing constraints could delay some construction projects set to launch in Abu Dhabi next year, says the Middle East managing director of Royal Bank of Scotland. Sat, 14 Nov 2009 20:54:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091114/BUSINESS/711149923/1051/rss Strategic alliance Firm seeks to become a major manager of commercial properties Sat, 14 Nov 2009 19:33:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091112/BUSINESS/711129938/1051/rss Construction output in the Emirates will contract until the end of next year, but start to grow again at an annual rate of at least 5 per cent between 2011 and 2020, a report says. Thu, 12 Nov 2009 20:52:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091112/BUSINESS/711129946/1051/rss The Dubai Land Department will investigate complaints over the stalled Nakheel Palm Jebel Ali project after about 125 disgruntled property buyers petitioned the authority. Thu, 12 Nov 2009 19:54:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091111/BUSINESS/711119876/1051/rss Buyers of off-plan properties during the boom years adopted, unwittingly, the role of private equity investors and banks, and many saw their investments disappear. Wed, 11 Nov 2009 23:30:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091111/BUSINESS/711119880/1051/rss The Istithmar unit of Dubai World sells two buildings in London’s West End for a fraction of what it paid for them two years ago as it seeks to raise cash and trim costs. Wed, 11 Nov 2009 22:57:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091109/BUSINESS/711099956/1051/rss Apartment owners on the six-tower Marina Residences will be able to move into their new homes by the end of this month. Mon, 09 Nov 2009 19:08:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091108/BUSINESS/711089962/1051/rss Analysis Developers have to find new sources of financing after the demise of the region’s off-plan sales model. Sun, 08 Nov 2009 17:19:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091107/BUSINESS/711079918/1051/rss Emaar Healthcare Group is considering opening medical centres in Egypt and Syria as it looks to expand abroad, says Omar al Shunnar, the chief executive. Sat, 07 Nov 2009 19:51:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091107/BUSINESS/711079990/1051/rss Japanese builders are owed billions of dollars on projects that include the Dubai Metro and Palm Island. Sat, 07 Nov 2009 19:26:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091106/BUSINESS/711059912/1051/rss Nakheel has offered investors in the stalled Palm Jebel Ali development alternative homes on other projects. Fri, 06 Nov 2009 00:01:00 +0400 http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091106/BUSINESS/711059908/1051/rss Jewellers across the Emirates are feeling the squeeze as the surging price of gold cuts into their profit margins. Fri, 06 Nov 2009 00:01:00 +0400