News
Cityland Group, the company behind the Dubai Miracle Garden and Dubai Butterfly Garden, plans to open the world’s first nature-inspired mall in Dubai, according to a statement on Wednesday. The Dh1.1 billion Cityland Mall is scheduled to open in the second quarter of 2018 next to Global Village on Shaikh Mohammed Bin Zayed Road. It…
Oldfield Partners (OP) has a credible approach to investing which centres on finding value for money. Eleven years ago, Richard Oldfield, who used to chair Oxford University’s endowment committee and ran investments for the Rausing family in London, founded the company with three former colleagues from Mercury Asset Management. The firm is now 25 strong…
But the one being sounded out for mid-market developments is still the slower track The challenges first-time homeowners face in Dubai has been the cause of some concern over the past couple of years, amid an economic slowdown, job insecurity, low wage growth, demographic mix, tighter lending standards among banks, and general doubts that millennials…
Dubai is bucking the regional purse-tightening trend and pressing ahead with at least three big-ticket infrastructure schemes worth about Dh15 billion, in a push to modernise the emirate. Speaking at the Dubai Investment Forum this week, the director general of Dubai Municipality, Hussain Lootah, said that a Dh12.5bn storm water tunnel network project and a…
Owning a home is a keystone of wealth… both financial affluence and emotional security.