Munaqasat, which is part of the Mollak system, contributes to the comprehensive management of JOPs in Dubai, facilitating and simplifying the tendering process, and establishes a direct link between jointly owned property companies and service providers. Mohammed bin Hammad, Director of the Jointly Owned Property Department, said that…
Read MoreEmirates will track SAF delivery and its use data through Avelia, one of the world’s first blockchain powered SAF solution platforms. Avelia is powered by Shell Aviation and Accenture, with support from Energy Web together with American Express Global business travel. Through Avelia, Emirates will purchase the physical…
Read MoreIt invited banks this week to pitch for roles in the offering, expected to be up to 30 per cent of the company, the sources added. Spinneys, Albwardy and Rothschild did not immediately respond to Reuters’ requests for comment. The potential IPO of Spinneys Dubai, planned on the…
Read MoreDubai: For the near future, Rizwan Sajan has his focus on two priorities – complete the sale of the second tower making up the ‘Oceanz’ in Dubai Maritime City. And the second, start adding to his land bank, which could yet see his company, Danube Properties, plan an…
Read MoreDubai: Soon, travellers at Dubai International Airport (DXB) will no longer need to take out or unpack bottles and electronics devices from their carry-on bags at security checks – a smart scanning system will automatically clear them for boarding. This was announced during the two-day ‘International Conference on…
Read MoreThe interline agreement offers Emirates passengers access to 15 regional destinations operated by SriLankan Airlines via Colombo, including new Indian destinations like Madurai and Tiruchirapally, along with Gan Island in the Maldives. In return, SriLankan Airlines customers gain access to Emirates’ global network, connecting to 15 cities operated…
Read MoreDubai: Are you planning to buy property in Dubai? If so, one of the charges that you will need to factor in is the service charge that is paid for the maintenance and upkeep of the property. Dubai Land Department (DLD) provides potential home owners a Service Charge…
Read MoreServiced hotel apartments in comparison seem to have turned in a less-than-stellar performance for their investors. According to a new report by Reidin-GCP, between 2019 to now, sales of ready hotel apartments have made up a ‘tiny portion’ of sales compared to what’s been happening on regular apartments…
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