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UAE stocks added new gains for the second week in a row, and the Dubai market index maintained its highs throughout the sessions of last week, and increased within 5 sessions by 1.2% at the level of 4009.83 points, while the Abu Dhabi market rose 0.7% to 9671.89 points. Image …

KnoThe UAE-based Global Hotel Alliance (GHA) revealed that the UAE ranked third in terms of revenue growth for hotels within the alliance during the first half of this year. According to a statement by the Hotel Association, the five most popular destinations during the first six months of 2023, in …

Abu Dhabi, July 14 / The expenditures of the Zakat Fund amounted to 98 million dirhams and 731 thousand and 594 dirhams during the first half of this year, an increase of 19% for the same period in 2022. Beneficiaries benefited from it within 21 projects, all of which fall …

The Abu Dhabi Securities Market announced on its website the update of the register of shareholders of the National Bank of Ras Al-Khaimah in the automated clearing management system, by conducting a process of distributing bonus shares of 20% to the shareholders who own the bank’s shares and registering them …

The Abu Dhabi Housing Authority announced new updates to the infrastructure work of 4 projects of the Authority in the Emirate of Abu Dhabi, with completion rates ranging from 11% to 100% for specific stages of each project.               She explained that the percentage …

Abu Dhabi, July 13 / “EIH Ithmaar International Holding PJSC” announced its financial results for the first half of 2023, which showed that it recorded a net profit of 445 million dirhams, compared to about 24 million dirhams during the same period last year. This means an increase in its …

The “Mohammed Bin Rashid City” project, the first district west of Dubai, recorded one billion sales for the second day in a row, exceeding the 1.2 billion dirhams mark, resulting from the sale of 70 plots of land. The total value of sales in the project at the end of …

Sobha Real Estate issued 5NC3 sukuk with a value of $300 million. The company became the second regional issuer of high-yield real estate sukuk to enter the public capital markets in the past few months, in a new indication of the strength of the continued demand for major real estate …

Dubai Chambers announced the launch of the Distinguished Service Program, which is a qualitative new initiative aimed at promoting a culture of exceptional customer service, enriching their experiences, improving private sector practices and improving their performance in the field of customer service. The Excellence Service Program evaluates the experience and …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, launched, on Wednesday, the “International Program for Qualifying Government Managers” in cooperation with 30 countries around the world. His Highness said via Twitter: “As part of …