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THIS MORNING: Indian, Chinese buying spree drives up UAE crude costs + Abu Dhabi property market sales eclipse last year’s total
Plus: Air France is the latest airline to do an about-turn on Dubai
Switzerland’s Adapt IMI opens Abu Dhabi office + US-based Flow comes to Dubai
The Swiss derivatives manager is looking to move closer to Middle Eastern institutional investors
Arada signs USD 7 bn agreement for its first real estate project in Syria
The UAE developer is joining a growing Gulf investment push into Syria as reconstruction spending starts to take shape
Emirates REIT’s 1H earnings fall 71%, but rental growth boosts underlying performance
Revaluation gains fell 79%, masking stronger rental and operating performance
Dubai's rent cheque model is losing its grip
Monthly rent may ease the upfront pain for tenants, but the real test is who fronts the rent and carries…
THIS MORNING: Lulu Island is in for a revamp + Finnair is the latest airline to cancel flights to Dubai for the year
Plus: Amea Power is in talks with Egypt's Housing Ministry on potential investments in solar-powered water infrastructure
THIS MORNING: Dubai on track for most handovers since 2008 + Dnata invests in autonomous tools
Plus: Businesses will soon have to verify both their suppliers and supplies
Dubai hotel market set to rebound from 4Q, just as a wave of luxury supply hits the segment that struggled most this year
Luxury hotels took the biggest occupancy hit, while rates held up and Cavendish Maxwell still sees recovery building from 4Q
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