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AED 1.302 trillion Dubai non-oil foreign trade in 2017

Media In – Dubai 19 March 2018 and WAM Dubai has unveiled a new milestone in its outstanding economic performance in 2017, to AED 1.302 trillion, an increase of AED 26 billion compared to AED 1.276 trillion in 2016. Dubai has succeeded in boosting its global position in regional and …

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The start-up business forum opens in Dubai on 9 April

Media In Dubai 19 March 2018 WAM The “Emerging Markets Forum” will be held at the Dubai World Trade Center from April 9 to 11, with 200 start-up companies and up to 19,000 visitors, amid optimism about the future of the emerging business sector in the Middle East. The digital …

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AED 2.2 billion property transactions in Dubai

Media In – Dubai 19 March 2018 Real estate transactions in Dubai’s Land and Property Department have generated more than 2.2 billion dirhams, the most prominent being mortgages worth AED 1.8 billion through 58 transactions. With a total of 142 million dirhams, of which 15 million were sold for land …

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DUBAI INVESTMENT EXECUTES DIVE DUBAI

Media In – Dubai 18 March 2018 WAM  Dubai Investments has announced its departure from its 50% stake in the Dubai International Driving Center for AED 35 million. The sale of the stake, which was owned by Dubai-based Mashrei Investment Company, generated an internal return on investment of 21% and …

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ADNOC signs two franchise agreements with France’s Total

Media In – Abu Dhabi, March 18, 2018 Abu Dhabi National Oil Company (ADNOC) today signed two concession agreements with Total, the French company that recently acquired 20% of the Umm Al Sheef & Nasr concession and 5% of the Abu Dhabi Lower Zakum concession. Total offered AED 4.2 billion …

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