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Billionaire investors’ stock strategy can be quite different

Following their trends could land many into problems they could have avoided “Sell everything!” That seems to be the advice coming from the moneyed set these days. Not just one or two cranky billionaires, but many of them; Warren Buffett seems to be a notable exception. In a commentary sent to clients, Nick Colas, chief…

Rental decline spreads to Dubai’s non-freehold areas

Properties in some of the older neighbourhoods are coming under pressure: CBRE Dubai: Once confined to Dubai’s prime freehold communities, rental declines are now starting to show up elsewhere in the city, according to the latest update from the real estate consultancy CBRE. In particular, high-density rental locations such as Al Barsha, Oud Metha and…

Emaar launches homes in Dubai Creek Harbour

Sales event for the Dubai Creek Harbour homes will be on Thursday Dubai: Emaar Properties said on Sunday it has launched residences and villa town houses in Dubai Creek Harbour. The sales event will be on a first-come, first-served basis from August 18, at all participating Emaar Sales Centres in Dubai, Emaar said in a…

August 31: Worlds of Adventure theme park and Dubai Opera open

IMG theme park opening delayed from August 15 to August 31 Dubai residents looking for new avenues of entertainment at the city’s newest landmark will have to wait as IMG Worlds of Adventure theme park has delayed its date of opening. The reason for this delay has been put down to ‘fine-tuning the final details’,…