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Union Properties sells Ritz-Carlton Dubai


Union Properties announced at the Dubai International Financial Center that it will confirm it sells for Ritz-Carlton hotel, which did not fully established,. The company said that sales could occur if the price reached to 1.5 billion AED , according to a statement issued by the company yesterday. The banks that financing the project agreed to extend the financing fund repayment after they receiving a guarantee from the Emirates Dubai National Bank , which owns 48% of Union Properties.



Al-Quds index declines by 0.20% in the penultimate week of September

Medium liquidity with the start of routine anticipation for the 9M 2017 financial data disclosures

A transaction on the stocks of PALTEL raises the liquidity levels this week



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