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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
THIS MORNING: Bybit sues North Korea for USD 1.5 bn hack + Moody’s places Binghatti on downgrade review
Plus: Jaywan is going global after a partnership with China’s UnionPay International
Sharjah and Ras Al Khaimah’s property markets are moderating
Execution and supply delivery, not price momentum, will decide what comes next for both markets
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