Real estate transactions in the Dubai Land Department amounted to more than 2.8 billion dirhams, as the department witnessed, on Tuesday, the registration of 504 pledges of allegiance at a value of 1.34 billion dirhams, including 33 pledges of allegiance to lands, at a value of 382.44 million dirhams, and …
Read More »KPMG expects to continue the growth momentum of the UAE banking sector in 2023
The report on the prospects for banking services in the UAE, issued by «KPMG», confirmed that the banking sector in the country witnessed a promising year. Pointing out that the sector is expected to continue at this level of momentum during 2023 in light of the increasing demand for digital …
Read More »In implementation of Mohammed bin Zayed’s order.. “Zayed Housing” issues 432 housing support decisions of 299 million dirhams
The Ministry of Energy and Infrastructure, represented by the Sheikh Zayed Housing Program, announced the issuance of 432 housing support decisions worth 298 million and 700 thousand dirhams, which vary between new construction, completion and purchase of ready housing, maintenance and addition to a home, in implementation of the order …
Read More »The weather tomorrow is partly cloudy
Abu Dhabi, March 25 / The National Center of Meteorology expected the weather tomorrow to be partly cloudy to cloudy at times over some areas, especially the western and coastal areas, with the possibility of rain at night, with another rise in temperatures, and winds light to moderate, brisk at …
Read More »UAE stocks hold together in a volatile week
Leading shares reduced the decline in the UAE market indices during the sessions of the past week, which witnessed fluctuation in performance during the season of general assemblies, as the Abu Dhabi market declined in 5 sessions by 0.6% at the level of 9502.51 points, while the Dubai market index …
Read More »Abu Dhabi Ports launches a new shipping service to ship goods to Kuwait
The Abu Dhabi Ports Group announced the launch of a new direct shipping service that enhances commercial and logistical linkage and facilitates trade with the sisterly State of Kuwait. This new service will be dedicated to shipping rolled goods from Khalifa Port to Shuwaikh Port in Kuwait. Commenting on the …
Read More »Russian Gold Polymetal is seeking to list its shares in Abu Dhabi
“Bloomberg” quoted informed sources as saying that the Russian “Polymetal International” gold company is looking forward to listing its shares on the Abu Dhabi Stock Exchange. The sources added that the company is in advanced talks with the Abu Dhabi market, as the company finds it difficult to keep its …
Read More »48.3 billion dirhams of “ADNOC Gas” gains, two weeks after the listing
Abu Dhabi, March 24 / The share of “ADNOC Gas” consolidated its gains over two weeks of listing on the Abu Dhabi Securities Market, gaining a market capitalization of more than 48.3 billion dirhams. The market capitalization of “ADNOC Gas” shares rose from 181.9 billion dirhams upon listing to more …
Read More »Dubai is the first regionally and 22nd globally on the ninth financial centers index in supporting the financial sector
Dubai ranked first regionally and ninth globally in government regulations supporting the financial sector, according to the latest report issued by the British Zhen Foundation and the China Development Institute. The emirate also ranked first regionally and 22 globally on the Global Financial Centers Index for the year 2023, an …
Read More »143,000 tons of stocks of vegetables and fruits in the UAE, 6,000 items reduced by 50% on the occasion of Ramadan
Dubai: Hazem Helmy The Ministry of Economy confirmed that there is no intention at the present time to increase the prices of basic products in the UAE, despite the many requests it has received recently, and that any increase in prices is subject to the necessary review by the Ministry …
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