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DUBAI, Dubai real estate market recorded 561 sales transactions worth AED1.7 billion, in addition to 100 mortgage deals of AED94.43 million, and 61 gift deals amounting to AED65.91 million on Monday, data released by Dubai’s Land Department (DLD) showe…

The 28th edition of Gulfood, the world’s largest food and beverage trade event, is currently taking place at the Dubai World Trade Centre, with over 5,000 companies from more than 125 countries participating in the event.Among these, 80 companies from …

DUBAI, A total of 2,702. real estate transactions worth AED10.4 were conductd during the week ending 17 February 2023.A total of 221 plots and 1,866 apartments and villas were sold for AED1.42 billion, and AED4.63 billion respectively.The top three tra…

KUWAIT, The price of Kuwaiti oil went up by 67 cents to US$85.13 per barrel on Thursday, opposed to $84.46 pb the day before, said the Kuwait Petroleum Corporation (KPC) on Friday.According to the Kuwait News Agency (KUNA), globally, the price of the B…

ABU DHABI,The Central Bank of the UAE (CBUAE) has released a comprehensive report on the Takaful insurance sector in the UAE, with the aim of developing this critical industry and enhancing the country’s position as a leading Takaful insurance market g…

ABU DHABI, ADNOC has announced its intention to float a 4% minority stake in ADNOC Gas, its world-class gas processing, operations and marketing company, on the Abu Dhabi Securities Exchange (ADX).The offering is expected to open on 23rd February, subj…

ABU DHABI, The net earnings of listed real estate companies doubled in 2022, aided by the robust growth in the real estate and tourism sectors.A report by the Emirates News Agency (WAM) based on declared disclosures on financial market websites showed …

ABU DHABI, The net earnings of 123 listed Emirati companies reached AED 191 billion in 2022, indicating their robust financial position and healthy revenue growth.According to a report by the Emirates News Agency (WAM), the net earnings of national lis…