This might just be the most rock and roll slot game of them all, as the Guns N’ Roses slot is officially licensed by one of the greatest rock bands of all time. As such, members of the iconic band, Guns N’ Roses, feature in this entertaining slot game from NetEnt. Plenty of bonus features and, as you would probably expect, a great soundtrack, make this a […]
By Matein Khalid I had recommended buying the Tadawul ETF iShares MSCI Saudi Arabia (symbol KSA on NYSE) on November 30 to benefit from the post-IPO surge in the price of the Saudi Aramco IPO shares on the Tadawul. This tactical trade was a beauty even before Saudi Aramco shares soared 20% on its Thursday December 12 to peak at 38.7 Saudi riyals (SAR). As I expected, […]
Ren Zhengfei, founder and CEO of Huawei recently met with a contingent of media from across the Middle East and North Africa (MENA) to share his thoughts on the region’s bold digital transformation efforts—and Huawei ‘s plans for supporting local partners to scale digital services to more people, homes, and organizations than ever before. The global executive acknowledged the Arab world’s long and profound history, particularly its […]
Continuing from the previous quarter, average sales prices and rents softened across most communities in Dubai in the third quarter of 2019, the latest Cavendish Maxwell UAE Property Market Report says. The average apartment prices declined by 16.5% over the 12-month period from Q3 2018 to Q3 2019 while the average villa/townhouse prices declined 15% during the period. Rental declines for apartments in Dubai averaged 15%, whilst […]
The downward price corrections witnessed in Q2 2019 in the Abu Dhabi real estate sector appear have to slowed in Q3, with average sales prices for apartments down 1% from the previous quarter and sales prices for villas showing no movement from Q2, according to an S&P report. This suggests the market could be close to bottoming out, however, this will depend on the amount of supply […]
/By Matein Khalid/ Uber Technologies goes public in the most controversial and global tech IPO since Facebook seven years ago. Uber bulls claim that the ride sharing colossus is another embryonic Amazon, a firm that will dominate the digital constellation of the next two decades. I disagree. Uber loses $4 billion per annum and has already been forced to surrender Russia/CIS to Yandex, China to Didi and […]
|By Arabian Post Staff| The current global energy transition is driving an “inevitable geopolitical shift” and creating “unique opportunities not seen in generations,” according to a Winton Group-backed advanced energy investment firm. This analysis by Dr Erich Becker, Founder and Managing Partner of London-based energy investment firm, Exergy Capital, comes as momentum builds across the world on the seismic shift towards cleaner energy sources, and with oil […]
|By Arabian Post Staff| Dubai Land Department (DLD) announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. This comes as part of its tireless efforts to develop and formulate modern 10X initiatives that guarantee the smooth provision of services to its customers, ensuring their comfort. During the first week of the evening audit, more than 112 […]
|By Arabian Post Staff|Home Owners Direct (HOD) has launched a new e-marketplace platform -HOD.co – that directly connects property owners with buyers, tenants and developers. Placing total control of property deals in the hands of the consumers, the platform will help deliver significant savings for users with zero commission to be paid on any property deal as it is directly made between the two parties. Democratising the […]
|By Arabian Post Staff|Oversupply concerns in the Dubai real estate market are increasing ahead of demand resulting in further downward pressure on both prices and rentals, JLL said in its review of 2018. The residential market in Dubai remains tenant friendly, allowing existing tenants to renegotiate their rents and providing attractive rentals and sales opportunities for new entrants to the market, it said. Traditionally, the majority of […]
|By Raj Samani |As 2018 draws to a close, we should perhaps be grateful that the year has not been entirely dominated by ransomware, although the rise of the GandCrab and SamSam variants show that the threat remains active. Our predictions for 2019 move away from simply providing an assessment on the rise or fall of a particular threat, and instead focus on current rumblings we see […]
|By Matein Khalid| 2018 has been a difficult year for GCC and Dubai real estate. Rents and capital values continued to fall in the third quarter, albeit at different rates in specific segments and micro-markets. The Federal Reserve’s latest monetary tightening at the September 26 FOMC means the six months Emirates Interbank Offered Rate (EIBOR), the bellwether rate for floating rate home mortgages in the UAE is […]
|Arabian Post Staff|Dubai continues to generate strong demand for premium office space according to new data released by global real estate consultancy firm CBRE. Total office stock in the emirate stood at 9.21 million sqm of gross leasable area (GLA) in the first half of 2018. This represents a 14% rise from levels recorded during the same period in 2014. Recent completions in the market further highlight […]
This 9A0-385 exam leads to the Adobe Experience Manager 6 Architect certification. It assesses the knowledge and skills of a candidate in helping clients realize the value in the Adobe solutions. This test is ideal for individuals who have current or previous experience working as Adobe Experience Manager Business Practitioners. Someone with this job title should be able to do the following: Organize digital assets of guide […]
Azizi Developments, one of the leading private developers in the UAE, has announced a construction update for their upcoming AED 470 million project in Dubai Healthcare City, Azizi Aliyah Residences. Construction is progressing rapidly with concrete works fully completed. The developer has announced that finishing and façade works are currently underway, ensuring that the project meets the highest construction and building design standards. Commenting on the update, […]
|By Arabian Post Staff| The Dubai residential market witnessed solid growth in off-plan sales transactions during the last quarter of 2017. According to a recent report by global real estate consultancy firm CBRE, off-plan sales accounted for more than 65 per cent of total sales transactions for the year ending 2017, an increase of approximately 56 per cent in the number of transactions and 44 per cent in […]
|By Arabian Post Staff| Overall sentiment in the GCC’s construction sector has improved over the last two years by approximately 7 per cent (from 32 per cent to 39 per cent), according to recent findings from Pinsent Masons’ GCC Construction Survey. The findings show that the UAE remains the number one market expected to deliver growth in 2018, with 38 per cent of respondents expecting the country […]
|By Matein Khalid| Dubai based Gulf Islamic Investments (GII) acquired a one million square foot Amazon logistics center in Dortmund, Germany for $144 million. This deal is a testament to the boutique global merchant bank created in Dubai by GII’s co-founder/CEO Pankaj Gupta, who I am honored to call a friend. I consciously model my own firm Asas Capial on the strategic path laid out by GII and […]
By Saifur Rahman Indian investors top the list of foreign nationals with Dh15.6 billion investment in Dubai’s real estate in 2017, according to Dubai Land Department. Although this is higher compared to Dh12 billion invested by Indian nationals in Dubai’s real estate in 2016, this is still lower compared to the peak figure of Dh20 billion invested by Indian nationals in 2015, Dubai Land Department statistics show. Indians […]
|By Arabian Post Staff| Dubai rental yields have trended lower structurally since 2009, indicating that investors are willing to accept risk with lower risk premia. Of all the major cities analyzed, Dubai remains far above the highest yielding city, suggesting that there is ample room for further yield compression, according to property portal Reidin. In the first nine months of 2017, even though level of transactions are […]
|By Matein Khalid|The rise in Brent crude to $60 a barrel and the trade volume ballast generated by the world’s first post Lehman synchronized economic recovery is hugely positive for UAE economic growth in 2018. After all, the UAE is unique because Abu Dhabi’s 100 billion barrels of proven oil reserves is complemented by Dubai’s role as the Gulf’s financial, logistics, aviation, shopping and services hub. The […]
|By Matein Khalid| US and global equities surged on news of the US House of Representatives pass the tax reform bill, Cisco and Walmart posted blowout earnings and a potential bidding war emerged for Fox’s media assets. The rally on Thursday followed a week of carnage in the US high yield debt markets, flattening of the US Treasury yield curve and losses in the major stock market indices worldwide. […]
|By Matein Khalid|Emaar Properties will sell 20% of its UAE development portfolio in an initial public offering in November. This is the first IPO in the UAE capital markets in the last three years and follows bellwether offerings such as Emaar Malls and Emaar Misr. Emaar’s Dubai development’s adjusted net value is 24.1 UAE dirhams and I would not be surprised if the post IPO revalues the […]
|By Arabian Post Staff| Subdued economic growth continued to translate into job cuts, reduction of staff allowances and few employment opportunities, which resulted in increased vacancy rates in the Abu Dhabi property market, according to the latest report of Asteco. Average apartment rental rates dropped by 3% over the quarter and by 10% during the past 12 months, with the highest rate of decline recorded for mid-end […]
