Monthly Archives: August 2022

Union Properties returns to profit in Q2; cost savings help

05 August 2022 – Trade Arabia BUSINESS NEWS INFORMATION –

Dubai-based developer Union Properties has reported a net profit in Q2 2022 as it turnaround strategy was able to achieve significant cost savings.

Revenue from contracts with customers remained stable …

Dubai’s new real estate law to attract foreign capital

05 August 2022 – ARAB NEWS –

DUBAI: The new law on incentivizing property investment funds will lead to a boost in foreign capital, according to Amira Sajwani, general manager of sales and development at Damac Group.

Dubai’s ruler Sheikh …

Tecom Group Q2 profit up 54% on Dubai’s strong economic growth

04 August 2022 – The National News –

Tecom Group, the operator of business districts in Dubai, recorded a 54 per cent annual surge in net profit in the second quarter on “continued buoyancy” in the emirate’s economy.
Profit for the …



Click one of our contacts below to chat on WhatsApp

× How can we help you?