Aabar Investments, the Abu Dhabi government-backed investor, has a formed a partnership to target the European property market and technology-based firms, reports The National's Sarmad Khan. The firm agreed to form a €150 million (Dh783m) joint venture partnership with the Berndorf group of Austria aimed at acquiring attractively priced assets in Europe.
Emirates Business 24/7 reports
that even though the Dubai property market appears to have bottomed
out, it will take several more months for improvement to show up,
according to Mohanad Al Wadiya, the managing director of Harbor Real
Estate Brokerage and editor-in-chief of the Harbor Report.
And Khaleej Times picks up
on another press release sent out yesterday by Sweet Homes Holdings,
announcing that the Ajman real estate market will benefit from the
availability of mortgage financing.
The biog
Favourite books: 'Ruth Bader Ginsburg: A Life' by Jane D. Mathews and ‘The Moment of Lift’ by Melinda Gates
Favourite travel destination: Greece, a blend of ancient history and captivating nature. It always has given me a sense of joy, endless possibilities, positive energy and wonderful people that make you feel at home.
Favourite pastime: travelling and experiencing different cultures across the globe.
Favourite quote: “In the future, there will be no female leaders. There will just be leaders” - Sheryl Sandberg, COO of Facebook.
Favourite Movie: Mona Lisa Smile
Favourite Author: Kahlil Gibran
Favourite Artist: Meryl Streep
At a glance
- 20,000 new jobs for Emiratis over three years
- Dh300 million set aside to train 18,000 jobseekers in new skills
- Managerial jobs in government restricted to Emiratis
- Emiratis to get priority for 160 types of job in private sector
- Portion of VAT revenues will fund more graduate programmes
- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government
