Property prices drop in Dubai Marina, increase in older areas

Trouble viewing this email ? Forward to a friend! Finance Tech Energy Real Estate Transport and Tourism Media and Marketing Luxury Finance and Economy Property prices drop in Dubai Marina, increase in older areas Dubizzle reported an increase in prices of older properties in old Dubai districts in Q2 2015, due to maintained demand by occupants and a lack of new supply. Read more » Indian PM offers $1 trillion investment opportunity to UAE The Indian prime minister has invited investors from the UAE, saying his country has an immediate investment opportunity of $1 trillion. Read more » Dubai's Arabtec may fall on Q2 loss, MSCI may lift Qatar Gulf equity markets may diverge after Dubai's construction firm Arabtec swung to a second-quarter loss. Read more » FOLLOW US ON: Forward to a friend! Energy Abu Dhabi oil company Taqa slashes jobs by 22 per cent Many major oil producers, such as Taqa, are cutting costs in serious ways due to the ongoing difficult circumstances. The Abu Dhabi-based oil company reported second-quarter loss of AED421m, while total revenues fell by 28 per cent. Read more » Oman oil production climbs above 1 mln bpd in July Oman's crude oil and condensate production rose to more than 1 million barrels per day in July for the first time in its history, according to the oil and gas ministry. Read more » India prepares to pay $1.4 bln Iran oil dues Indian refiners have got the green light to prepare to pay Iran $1.4 billion in oil dues in one of the first signs that last month's nuclear deal is helping Tehran unlock frozen funds. Read more » Real Estate Value of real estate sales in Saudi Arabia down 6 per cent The value of real estate sales in Saudi Arabia during the third quarter of the current hijri year slipped by six per cent to SAR107 billion. In the same corresponding period last year, real estate sales amounted to more than SAR111bn Read more » Worst performing real estate firms drag down UAE stocks After booming for the last few years in a strong recovery from its crash in August 2008, Dubai's residential property market lost steam this year due to the new supply of residential units and falling global oil prices. Read more » FOLLOW US ON: Forward to a friend!      News Emirates launches world's longest flight Dubai's Emirates Airline announced their launch of the world's "longest non-stop flight" from Dubai to Panama City - a total duration of 17 hours and 35 minutes, making it the longest commercial flight in the world. Read more » Tunisia Terror Attack Hits TUI Profits The company has announced their profits have decreased since the terrorist massacre, causing an impact on their earnings of up to $49 million (£32m), and that Q3 results for 2015 would see a fall of $31m (£20m) of the company's annual profits. Read more » Jennifer Aniston signs $5 million deal with Emirates Airline Actress Jennifer Aniston was chosen to be the face of the airline for her fame and success, as well as being funny and relatable. According to the New York Post, the campaign has already been shot, generating $5 million for Aniston. Read more » Gulf tourism expects revenue increase of 11 per cent in 2015 Gulf cities are witnessing an increase in the tourism sector, with growing expenditures by Gulf governments for entertainment projects, along with the development of tourism products and an expansion in the establishment of hotels. Read more » Forward to a friend! To ensure delivery to your inbox, please add reply@advertising.mediaquestcorp.com to your address book. Privacy Policy | Terms of Service | About us | Unsubscribe © Copyright 2015 AMEinfo. All Rights Reserved. www.ameinfo.com P.O. BOX 72184 Dubai Media City, Zee Tower, Office 206, United Arab Emirates info@mediaquestcorp.com    |    Contact