Gowealthy Real Estate News

Family sponsorship criteria in UAE to be revised

Thu, 02 Jul 2009 00:00:00 +0400

Family sponsorship criteria in UAE to be revised

In future, foreign residents who want to bring their families into the UAE should now earn a minimum monthly salary of Dh10, 000 and provide their family with independent accommodation, a senior official said.

Investors show immense interest in Entrepreneur Business Village in Dubai

Thu, 02 Jul 2009 00:00:00 +0400

Investors show immense interest in Entrepreneur Business Village in Dubai

A large number of investors have showed interest in leasing commercial space at the Entrepreneur Business Village, which announced special rates from June 28 to July 2, 2009.

Dubai-based Emaar completes design of homes in Samarah Dead Sea Resort property

Thu, 02 Jul 2009 00:00:00 +0400

Dubai-based Emaar completes design of homes in Samarah Dead Sea Resort property

Emaar International Jordan, the country subsidiary of Dubai-based real estate developer Emaar Properties, has completed the second phase design of The Apartments, a residential community in Samarah Dead Sea Resort, with construction set to commence shortly.

Mashreq’s Islamic division announces Takaful Savings & Investment Programme

Thu, 02 Jul 2009 00:00:00 +0400

Mashreq’s Islamic division announces Takaful Savings & Investment Programme

Badr Al Islami, Islamic banking division of Mashreq, has announced the launch of Badr Takaful Savings & Investment Programme, the sharia'h compliant savings and protection scheme, available for the first time to Badr Al Islami and Mashreq customers.

Dubai Bank signs strategic alliance with SALAMA for Takaful products

Thu, 02 Jul 2009 00:00:00 +0400

Dubai Bank signs strategic alliance with SALAMA for Takaful products

Dubai Bank, Dubai-based Islamic bank, has entered into a strategic alliance with Islamic Arab Insurance Company (SALAMA), a leading provider of Shariah-compliant insurance solutions (Takaful) to expand its portfolio of Islamic insurance plans.

Phase-2 of infrastructure work on Al Marjan Island property commenced in RAK

Thu, 02 Jul 2009 00:00:00 +0400

Phase-2 of infrastructure work on Al Marjan Island property commenced in RAK

UAE's most dynamic property developers, Rakeen  is poised to start in August this year Phase Two of the infrastructure work on Al Marjan Island, man-made island in Ras Al Khaimah, after awarding the contract to Rizzani.

Sorouh Real Estate to revise payment schedules for Gate Towers

Thu, 02 Jul 2009 00:00:00 +0400

Sorouh Real Estate to revise payment schedules for Gate Towers

Sorouh Real Estate, Abu Dhabi's second largest master developer, has decided to revise payment schedules at its Gate Towers project to help investors amid the property slowdown.

KEO bags $10 billion contract for Marsa Zayed real estate project in Jordan

Thu, 02 Jul 2009 00:00:00 +0400

KEO bags $10 billion contract for Marsa Zayed real estate project in Jordan

KEO International Consultants, leading design and management services firm, has won a 6-month programme management contract to work on Marsa Zayed, $10 billion project at Aqaba in Jordan from Al Maabar, Abu Dhabi-based real estate developer.

Department of Transport - Abu Dhabi introduces air-conditioned bus shelters

Thu, 02 Jul 2009 00:00:00 +0400

Department of Transport - Abu Dhabi introduces air-conditioned bus shelters

The Abu Dhabi Department of Transport (DoT) has announced the completion of the first 20 air-conditioned bus shelters in the emirate.

DIFC Courts adds new rules to further expedite dispute resolution services

Thu, 02 Jul 2009 00:00:00 +0400

DIFC Courts adds new rules to further expedite dispute resolution services

The DIFC Courts, the Dubai International Financial Centre's (DIFC) independent, common law judicial system, added two new parts to their Rules (RDC) to further expedite the suite of dispute resolution services available at the DIFC.