Browsing: Business
As per the latest statistics released by Dubai’s Land Department (DLD), the real estate market in Dubai recorded 379 sales transactions worth AED1.09 billion, along with 96 mortgage deals worth AED319.78 million and 18 gift transactions worth AED35.4 million on
Investment in power projects in the Middle East and North Africa (MENA) is expected to rise from 2021 to 2025 due to strong economic growth and a goal of net zero emissions by 2050. Regional and global power and utility
The Dubai International Financial Center (DIFC) announced that Lord Abbett (Middle East) Limited, a leading asset manager, was approved by Dubai Financial Services Authority (DFSA) for its first Middle East branch. The company’s investment and client-led proposition will now be
Energy, Investment, Communications, and Health Ministers of Saudi Arabia have signed 18 agreements with their counterparts in the United States. Through the aforementioned agreements, new avenues for joint cooperation in the fields of investment, energy, ICT, space, and health have
His Highness Sheikh Mohamed bin Zayed Al Nahyan assured that the UAE will maintain its firm approach to promote coexistence and constructive cooperation. This is based on its belief in people’s right to peace, stability, development and prosperity for future
Indian Prime Minister Narendra Modi has stated that India, Israel, the UAE, and the USA are working together under the I2U2 framework. This is to increase investments in the fields of water, energy, environment, health, and space. With I2U2’s positive
During a two-day visit to Turkey from 13th-14th July, a UAE delegation led by Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, explored new opportunities for cooperation, primarily in energy, industry, and advanced technologies. Dr.
Due to the global rise in oil prices, Egypt’s Fuel Automatic Pricing Committee (FAPC) raised fuel prices on Wednesday by EGP0.5 to EGP1 per litre. Diesel prices for the electricity and food industries, however, remained unchanged. According to a statement
A spike in gas, food and rent prices catapulted U.S. inflation to a record four-decade high in June, further provoking households and likely sealing the case for another steep interest rate hike by the Federal Reserve, with higher borrowing costs
As part of the First I2U2 (India-Israel-UAE-USA) Leaders’ Virtual Summit on Thursday, Prime Minister Narendra Modi will take part alongside Prime Minister of Israel Yair Lapid, President of the UAE Mohammed bin Zayed Al Nahyan, and President of the USA