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Aldar to launch new Viceroy-branded property in Abu Dhabi

Aldar to launch new Viceroy-branded property in Abu Dhabi

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MSCI to consider upgrading Kuwait to Emerging Market status

MSCI to consider upgrading Kuwait to Emerging Market status

Global index compiler MSCI will consider reclassifying Kuwait from Frontier Market to Emerging Market status at its annual market review in 2019.

As part of the results for the 2018 Annual Market Classification Review, MSCI noted that it will include the MSCI Kuwait Index as part of its review next year.

The MSCI Kuwait Index is designed to

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GEMS Education to freeze salary increases for teachers

GEMS Education to freeze salary increases for teachers

Blackstone Group-backed GEMS Education plans to freeze salary increases for teachers and cut corporate jobs following the Dubai government’s move to cap school fees, according to local media reports.

“The current move to hold salary increases is based on the recent school fee freeze decision,” a spokesperson for GEMS said in a statement.“This is no

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GEMS Education to freeze salary increases for teachers

GEMS Education to freeze salary increases for teachers

Blackstone Group-backed GEMS Education plans to freeze salary increases for teachers and cut corporate jobs following the Dubai government’s move to cap school fees, according to local media reports.

“The current move to hold salary increases is based on the recent school fee freeze decision,” a spokesperson for GEMS said in a statement.“This is no

...
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Three reasons why off-plan property buys can be problematic

Three reasons why off-plan property buys can be problematic
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All real estate transactions in Dubai are subject to a registration fee of four percent

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1. Pricing trap: Historically, the off-plan model was based on an upward trending market, where you paid tomorrow’s price today knowing the market was going up. But as prices are dropping, properties bought off-plan today could well be w

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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