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September 4th, 2008 |
Take part in the annual UAE property survey |
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AME Info has reopened the annual property survey, and we are looking to hear your views on the housing market in the UAE. To take part, please click on the link below: https://www.surveymonkey.com/s.aspx?sm=EUBvMTU9u559j5JVSUsRpw_3d_3d
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September 4th, 2008 |
Egypt's TMG says all projects 'on time' |
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Egyptian real estate developer Talaat Moustafa Group, whose outgoing chairman has been charged in a murder case, said on Wednesday 'there has been no impact on business' and all outstanding projects would be delivered on time, reported Reuters. The company appointed Tarek Talaat Moustafa as chairman and managing director on Tuesday, replacing his younger brother Hesham shortly after Hesham was charged with hiring a man to kill Lebanese singer Suzanne Tamim in Dubai.
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September 4th, 2008 |
RERA to train Dubai Properties' staff |
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Employees of Dubai Properties Group, a member of Dubai Holding, will receive training from Dubai's Real Estate Regulatory Authority (RERA)under a new agreement reached between the two entities. The two-day programme, to be offered starting the month of October, will cover real estate regulations and guidelines on property transactions and effective communications with clients and investors. The RERA-certification will qualify employees to function as well-informed real estate professionals in their respective areas of business.
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September 3rd, 2008 |
Nakheel mulls IPO |
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Nakheel, the Dubai-owned developer of the world's biggest man-made islands, plans to make a decision in the next 12 months as to whether it will launch a public listing, the company's CEO Chris O'Donnell told Reuters. An IPO could make Nakheel one of the biggest companies in the Gulf, comparable to listed rival Emaar, which has a market capitalisation of around $15bn.
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September 2nd, 2008 |
Egyptian tycoon charged with murder |
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Egyptian real estate tycoon Hisham Talaat Mustafa was charged on Tuesday with paying $2m for the brutal killing of Lebanese pop singer Suzanne Tamim in a Dubai flat in July. Tamim, 30, was stabbed several times and her throat cut, allegedly by a retired policeman paid by Mustafa. Mustafa runs the Talaat Mustafa Group real estate conglomerate, worth several billion dollars. He is also a stalwart of the ruling National Democratic Party and member of the Shura Council Egypt's upper house of parliament.
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