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FINANCIAL NEWS
Indians spend USD1.9bn in Dubai’s property market
19 Dec 2016
(MENAFN) Indian’s are the major foreign property buyer in Dubai, while they spent almost USD1.9bn on property in Dubai in the first half of this year.
Meanwhile, in the past four and a half years, Indian buyers of residential and commercial real estate in the country reached USD22bn.
Furthermore, for wealth managers in the area, Indian investors are a key client segment, which could become more numerous.
While the average rental yields are less than 3 percent in India and almost 4 percent in London and Hong Kong, yields in the UAE differ between 6-10 percent.
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
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