DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Hussain Sajwani - 7 CNBC's Dan Murphy - 3 Sajwani - 2 I've - 1 Damac's Sajwani - 1 it's - 1 doesn't - 1 Roberto Cavalli - 1
Top related locs:
Dubai UAE United Arab Riyadh Saudi Arabia London Israel DUBAI
Top related orgs:
United - 2 United Arab Emirates - 1 Real - 1 Damac - 1 UAE - 1 Energy - 1 Economic - 1 Dubai's - 1

Search resuls for: "Damac"


11 mentions found


☆ Damac chairman says 2024 is going to be another record year for Dubai's property market
  + stars: | 2024-10-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDamac chairman says 2024 is going to be another record year for Dubai's property marketHussain Sajwani, chairman of Dubai property giant Damac, says geopolitical tensions are a major risk for Dubai's property market.
Persons: Hussain Sajwani Locations: Dubai
☆ CEO of property firm Damac expresses concerns over 'expensive' Dubai
  + stars: | 2024-09-11 | by ( Natasha Turak | ) www.cnbc.com   time to read: +2 min
DUBAI, United Arab Emirates — Dubai's property scene is showing no sign of cooling off, as 2024 is on track to be another record year in terms of sales figures and property values, according to local real estate firms. For Hussain Sajwani, chairman of Dubai property giant Damac, that spells both good and bad news. "What concerns me a little bit in Dubai is that [it's] becoming an expensive city, and I've said this in the past, that Dubai [is] going to be [an] expensive city. The latest Dubai property market numbers tell a story of burgeoning demand. In July of 2024, property sales reached 49.6 billion dirhams ($13.5 billion), a 31.63% increase from the same period in 2023, according to locally-based brokerage firm Elite Merit Real Estate.
Persons: Hussain Sajwani, I've, Sajwani, CNBC's Dan Murphy Organizations: United Arab Emirates, United, Real Locations: DUBAI, United Arab, United Arab Emirates, Dubai, Riyadh
☆ Company focus will be on Saudi Arabia, DAMAC chairman says
  + stars: | 2024-04-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompany focus will be on Saudi Arabia, DAMAC chairman saysHussain Sajwani, founder and chairman of UAE-based development company DAMAC Properties, discusses the company's outlook and prospects in Saudi Arabia.
Persons: Hussain Sajwani Locations: Saudi Arabia, UAE
☆ Dubai property boss says floods were overexaggerated: 'Things like that happen in Miami regularly'
  + stars: | 2024-04-28 | by ( Matt Clinch | ) www.cnbc.com   time to read: +1 min
Flash floods that formed led to water engulfing cars, in some areas fully submerging them, leading hundreds of drivers to abandon their vehicles on roads to escape the rising water levels. The deluge also closed schools and businesses, grounded hundreds of flights, and destroyed cars, businesses and other property. Damac's Sajwani conceded there was chaos at the airport, but said the UAE had recovered much faster than other nations would have. "Fine, we get some, in one of the malls, some damage. He explained that he arrived in Dubai from London just a few hours after the rains had stopped, and visited all the major properties that belong to his company.
Persons: Hussain Sajwani, Damac's Sajwani, CNBC's Dan Murphy, it's Organizations: Damac, United, UAE, Energy Locations: United Arab, UAE, Riyadh, Saudi Arabia, Dubai, London
☆ Russian demand for Dubai property is slowing — but China's is picking up, DAMAC chairman says
  + stars: | 2024-01-16 | by ( Natasha Turak | ) www.cnbc.com   time to read: +2 min
But that wave is slowing down, DAMAC Chairman Hussain Sajwani says. But other countries are coming in strong, especially Chinese coming back," Sajwani told CNBC's Dan Murphy at the World Economic Forum in Davos, Switzerland on Tuesday. "Dubai is, you know, surrounded by more than 100 countries with all kinds of issues and challenges. While China's economy faces challenges at home, Dubai is benefitting from those who can spend outside of the country. "So a lot of people coming and residing in Dubai anyway."
Persons: Hussain Sajwani, Sajwani, CNBC's Dan Murphy Organizations: Economic Locations: Russia, Ukraine, Gulf, China, Davos, Switzerland, India, Europe, Dubai, Israel, UAE
☆ I hope the Israel-Hamas war doesn't become a regional one, DAMAC chairman says
  + stars: | 2023-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI hope the Israel-Hamas war doesn't become a regional one, DAMAC chairman saysHussain Sajwani, DAMAC chairman, says "I don't think it will."
Persons: doesn't, Hussain Sajwani Locations: Israel
☆ Roberto Cavalli launches 'disruptive' capsule collection in London
  + stars: | 2023-06-01 | by ( Marie-Louise Gumuchian | ) www.reuters.com   time to read: +2 min
LONDON, June 1 (Reuters) - Roberto Cavalli launched a "disruptive" capsule collection outside the traditional catwalk calendar on Thursday as the Italian fashion label seeks to rebrand itself after a few shaky years. Designer Fausto Puglisi looked to a 1994 print drawn by the brand's founder Roberto Cavalli, itself inspired by a rococo depiction of the Greek myth of Leda and the swan, for the "Wild Leda" line, on show at London's Selfridges department store. Previously seen in the fashion house's spring-summer 2023 line, the depiction, matched with animals prints, features on floaty dresses, beachwear, accessories and homeware. "Roberto Cavalli was always famous for obviously the gowns but... he created really a lifestyle... So you have your plates, you have your coffee cups, you have your shoes, you have your bag, you have everything.... (we thought) let's do something that is a bit larger and invites you to discover the world of Roberto Cavalli."
Persons: Roberto Cavalli, Fausto Puglisi, Leda, Sergio Azzolari, Dubai's Damac, Hussain Sajwani, Azzolari, Marie, Louise Gumuchian, Ros Russell Organizations: Reuters, Dubai's, Vision Investments, Thomson Locations: Florence, U.S, London, Milan
☆ Many office buildings are 'obsolete' and need to be converted or die, CEOs of some of real estate's biggest players told world leaders
  + stars: | 2023-01-18 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +4 min
It's time to face a harsher reality, real estate executives told financial and world leaders at the World Economic Forum's annual meeting in Davos, Switzerland, on Wednesday. The results of flexible work programs have hit the values of older office buildings in cities across the world as office tenants downsize. Sajwani, Palladitcheff, Ulbrich and Cantor Fitzgerald CEO Howard Lutnick all agreed that many office buildings will need to be repurposed or torn down. It's those less attractive places that face multiple challenges of crime and homelessness where the value of office buildings will deteriorate "quite quickly." Office buildings "will become eyesores and they will need to be fixed," Lutnick said.
☆ Dubai will become more expensive, DAMAC Chairman says
  + stars: | 2023-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDubai will become more expensive, DAMAC Chairman saysDAMAC’s Founder and Chairman Hussain Sajwani discusses the property market in the UAE, and tells CNBC's Hadley Gamble that Dubai is becoming more expensive.
☆ Dubai continues to benefit from crisis and the Russia-Ukraine war, Damac chair says
  + stars: | 2023-01-17 | by ( Natasha Turak | ) www.cnbc.com   time to read: +1 min
DUBAI, United Arab Emirates — Dubai's property sector is going from strength to strength, as growth and reform in the oil-rich Arab Gulf states attract more foreign residents, companies and investors. The hike can be partly attributed to the geopolitical crisis, which has benefitted Dubai and the United Arab Emirates. "So Dubai continues to benefit today from the Russian-Ukrainian war, unfortunately." Dubai was already seeing its hottest real estate market in years within the early months of the war. Sales in the sector rose 45% year-on-year in April 2022 and 51% in May, according to the Dubai Land Department.
☆ Saudi Arabia's Dar Al Arkan signs deal with Trump family for Oman project
  + stars: | 2022-11-20 | by ( Hadeel Al Sayegh | Shariq Khan | ) www.reuters.com   time to read: +1 min
DUBAI, Nov 20 (Reuters) - Saudi Arabian real estate developer Dar Al Arkan said it signed an agreement with former U.S. President Donald Trump's company to use the Trump Brand for its $4 billion project in the Gulf state of Oman that includes a golf course, hotel and villas. The regulatory statement issued on Sunday did not disclose the financial terms of the agreement with the Trump Organization, which manages hotels, golf courses and other real estate around the world. The Aida project, a joint venture with Oman Tourism Development Company, will include Trump residential villas, a hotel and a golf course built near Muscat and would take over a decade to complete, the Dar Al Arkan filing said. The Trump Organization has two golf properties in Dubai in the United Arab Emirates, the Middle East's financial and tourism hub, in partnership with property developer Damac. ($1 = 3.7580 riyals)Reporting by Hadeel Al Sayegh; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
0 next >>
Total: 11