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Wednesday, March 10, 2021
TALKERS | March 10, 2021
Entercom Renews with Bloomberg News for Service to All-News and News/Talk Stations. The extension of this companywide deal between syndicator
Key Networks, business news provider
Bloomberg Radio and
Entercom Communications keeps Bloomberg Radio’s business and consumer news on the majority of Entercom’s 26 all-news and news/talk stations, including 1010 WINS in New York, KNX-AM in Los Angeles, WBBM Newsradio in Chicago, and more. Under the new agreement, Bloomberg Radio will continue to provide Entercom stations with access to its world-class news content, including live, customized reports, “Bloomberg Money Minutes,” and Bloomberg specialty features including: “Bloomberg Business of Sports,” “Green
Dubai housing sector posts 7-year high monthly deals issacjohn@khaleejtimes.com Filed on March 9, 2021
The top areas of interest in terms of searches for villas/townhouses in February 2021 were Dubai Hills Estate, Arabian Ranches, Palm Jumeirah, Mohamed bin Rashid City and Damac Hills. File photo
Transactions in February were15.6 per cent more than the previous month in terms of volume and 10.2 per cent more in terms of value
The Dubai residential sector recorded 3,814 transactions worth Dh7.43 billion in February 2021. The month also recorded the highest number of secondary/ready properties transacted in a single month since March 2014, according to Data Finder.
Stimulus, vaccine to fuel UAE real estate resilience issacjohn@khaleejtimes.com Filed on March 8, 2021
The real estate sector has shown an unexpected level of resilience in the face of serious challenges created by the pandemic. However, the supply-demand imbalance is likely to worsen over the course of 2021. File photo
While the downward trajectory in the real estate market for the short term is unavoidable due to strained economic and market conditions, the medium and long term outlook for the UAE is more encouraging
New regulatory measures and several bold initiatives taken by the UAE government, including a series of stimulus packages coupled with the global availability of the vaccine, will significantly fuel the recovery of the real estate market in 2021. The upcoming Expo 2020 would also boost market sentiment, according to property management firm Asteco.
The UAE’s real estate sector has shown an unexpected level of resilience in the face of serious challenges created by the pandemic. However, the supply-demand imbalance is likely to worsen over the course of 2021, similar to last year, said an expert.