Month: June 2022

Dubai real estate market recorded 438 sales transactions worth AED1.19 billion, in addition to 118 mortgage deals of AED852.36 million, and 18 gift deals amounting to AED29.65 million on Thursday, data released by Dubai’s Land Department (DLD) showed.T…

The United Arab Emirates has received a 41 percent share of foreign direct investment projects Arab countries attracted between 2003 and 2021.According to the Arab Investment Export Credit Guarantee Corporation (Dhaman), Arab countries have attracted 1…

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, issued Executive Council Resolution No. (33) of 2022 appointing Mishal Abdulkarim Julfar as Executive Director of Dubai…

Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, an air bridge carrying food and medical supplies has begun operating to Afghanistan, and a medical team and field hospital have been dispatched.The aid shipment comes as…

Amazon today announced the opening of its largest delivery station in Abu Dhabi in time for the upcoming Prime Day event this July.The 4,700 sqm state-of-the-art delivery station is the second largest in the country and provides same-day and one-day de…

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, participated on Wednesday in the 43rd session of the Ministerial Council of the OPEC Fund for International Development (OFID).The meeting, which was held virtually, sought to discuss t…

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has issued Executive Council Resolution No. (33) of 2022 appointing Mishal Abdulkarim Julfar as Executive Director of Dubai Corporatio…

Emirates International Gas (EIG), a subsidiary of EHC Investment, has signed a Memorandum of Understanding (MoU) with Q Properties, a subsidiary of Q Holding, to supply gas to Q Properties projects.Under the MoU terms, EIG will provide the development …