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Starwood Hotels to open Four Points by Sheraton in Mecca
The new 1,139-room property will be largest under the Four Points brand. Starwood Hotels & Resorts has inked an agreement with a...
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Qatar wage protection system ‘to benefit construction workers’
Links Group says wage system will bring transparency; other groups say Qatar’s wider labour reforms are a ‘sham’. The Qatar wage protection...
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Al Habtoor Group ‘to sell its stake in HLG’
Dubai conglomerate to focus on its 100% owned assets, according to TV report. The chairman of the UAE’s Al Habtoor Group has...
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Dubai’s Emaar reports 31% rise in Q3 profit
Developer says international operations accounted for 18% of total revenue in first nine months of 2015. Dubai’s Emaar Properties has reported third-quarter...
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Qatar opens ‘labour city’ for 100,000 workers
Gulf’s largest city for migrant workers has entertainment areas and a business district. Qatar has opened a 1.1 million sqm ‘city’ for...
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Nakheel, Centara to build waterpark resort at Deira Islands, Dubai
Developer’s joint venture with the Thai hotel operator marks its latest move in the hospitality sector. The Dubai developer Nakheel is planning...
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Crude awakening for the UAE property market
Real estate may be just starting to feel effects of the oil price slowdown. Plunging oil prices have been a matter of...
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Dubai’s ‘global hub’ status fuels property market: Knight Frank
Prime home prices in Dubai saw 59% rise from 2009 to 2014. Dubai’s emergence as a “global hub” over the past few...
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Qatar buys into Brookfield’s $8.6bn Manhattan West development
New York project spans five buildings and seven million square foot. Qatar Investment Authority (QIA) and Brookfield Property Partners have entered into...
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Abu Dhabi rents up 5%, off-island demand surges – Nationwide
Saadiyat Island has some of the highest annual rents, at up to $68,000 for a three-bedroom unit. Abu Dhabi rents rose by...
