Dubai real estate market records $925 million in daylong transactions
Dubai, UAE -- Dubai's real estate market recorded 510 sales transactions worth AED1.36 billion on Tuesday, in addition to 210...
Business
BinDawood’s profit falls by 74%
Business
Al-Othaim’s profit up by 436%
Business
Qatar real estate trading volume reaches US$91m between January 7-11
DOHA, QATAR - The volume of real estate trading in sales contracts at the Department of Real Estate Registration at...
Business
Arts & Culture
Sharjah Museums Authority to study ancient civilisations in UAE
The book Ancient Inscriptions and Writings in the Emirate of Sharjah provides a comparative analytical study, is one of the...
- The book Ancient Inscriptions and Writings in the Emirate of Sharjah provides a comparative analytical study, is one of the most important publications for researchers and students
- The first section includes a comprehensive introduction to writing and its beginnings, forms and types, the invention of the alphabet
Business
WEF calls for new partnerships to save fragile communities
The World Economic Forum has pleaded for a new partnership between various stakeholders in order to make a difference to...
- In a paper released by the WEF, it calls for new collaboration between humanitarian and development organizations, businesses, investors and entrepreneurs
- Over the next three years the partnership will develop innovative business models and investments that strengthen local economies
Economy
UAE invests Dh62.6b in Jordan development projects
Abu Dhabi Development Fund for Development has financed AED6.5 billion worth of development projects in Jordan.
- Abu Dhabi Development Fund for Development has financed AED6.5 bn worth of development projects in Jordan
- Jordan’s GDP has risen by 6.5 percent, with investment contributing about 13 percent to it
Digital technologies can cut greenhouse gas emissions: WEF
Digital technologies can reduce greenhouse gas emissions by up to 20% by 2050 in the three highest-emitting sectors: energy, mobility...
- As businesses and governments respond to global calls for action to tackle climate change, significant efforts must be put in place to achieve net zero
- The results were released during the WEF Annual Meeting 2022 - the focal point for leaders to accelerate the partnerships needed to tackle global challenges
UAE announces first case of monkeypox
The case was detected in a 29-year-old woman who arrived from West Africa.
- The case was detected in a 29-year-old woman who arrived from West Africa
- The UAE health ministry called on members of the public to refrain from spreading rumours
Economy
Saudi Arabia to form national land alliance: Minister at GLF
The forum will discuss issues like land decentralization, climate crisis, youth and land-based opportunities in rural areas, and building partnerships.
- The Saudi agriculture minister Khaled Hneifat was speaking at the 9th triannual four day Global Land Forum.
- The forum is organized by the Ministry of Agriculture, the SEEDS Jordanian youth organization and the EU.
Business
ADNOC partners with BP, Masdar
The three firms will create green hydrogen and sustainable aviation fuel.
- ADNOC and BP will begin the design phase of the H2Teesside low-carbon hydrogen project.
- Cooperation agreements related to BP's HyGreen Teesside, a large-scale green hydrogen production facility in UK.
Economy
Global issues slowing down labor market recovery: ILO
Labor incomes have not yet recovered for the majority of workers. In 2021, three in five workers lived in countries...
- The sharp rise in vacancies in advanced economies led to a tightening of labor markets with a growing number of jobs available relative to job seekers.
- But, it dropped in Q1 2022 to 3.8 percent below pre crisis benchmark (Q4 2019), amounting to a deficit of 112 million full-time jobs.
Business
Standard Chartered, flydubai sign deal
The Sale and Leaseback (SLB) agreement is for five new Boeing 737 MAX aircraft.
- Four of the aircraft were delivered between March and May 2022, while the remaining aircraft is scheduled to arrive from Boeing before the end of the first half of the year.
- The deal was structured, financed and arranged exclusively by Standard Chartered.
Business
Dubai records $386 million in real estate transactions on Monday
Dubai real estate market recorded 552 sales transactions worth AED 1.42 billion ($386 million) and 78 mortgage deals of AED...
- The sales included 427 villas and apartments worth AED 878.57 million, and 125 land plots worth AED 540.79 million.
- The emirate's real estate market recorded the highest number of transactions since 2010 registered in a single quarter and the highest volume since Q1 2014.
Dubai real estate market records $925 million in daylong transactions
Dubai, UAE -- Dubai's real estate market recorded 510 sales transactions worth AED1.36 billion on Tuesday, in addition to 210...
Business
Company News
BinDawood’s profit falls by 74%
Business
Al-Othaim’s profit up by 436%
Business
Latest News
Energy crisis driving climate-friendly power savings, says IEA
PARIS, FRANCE - Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential"...
Geostrategy
Supporting India’s G20 presidency is a priority for UAE, says Minister
The UAE's Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan has said that the Gulf...
Geostrategy
UAE 51st National Day: Central Bank launches new 1000 dirham note
Abu Dhabi, UAE---The Central Bank of the UAE launched an AED-1000 denomination note as part of the country's 51st anniversary...
Economy
Most Read
Geostrategy
EU gives US$131 million to WHO Universal Health Coverage Partnership
GENEVA, SWITZERLAND - The World Health Organization (WHO) and the European Commission agreed on reinforcing a decade-long collaboration to accelerate...
- EU contribution will focus on strengthening health systems to make them more resilient and responsive to natural, climate or human-made disasters.
- The partnership with WHO is a key deliverable of the new EU Global Health Strategy adopted by the European Commission.
Business
Dubai records over $1.3 billion in weeklong real estate transactions
Dubai, UAE---A total of 1,600 real estate transactions worth over AED4.8 billion ($1.3 billion) were conducted during the week ending...
- The DLD said that the emirate saw the sale of 176 plots for AED998.19 million, as well as 1,052 apartments and villas for AED 2.32 billion.
- Jabal Ali First recorded the most transactions for this week with 81 sales worth AED285.43 million.
Economy
Jordan cabinet approves 2023 draft budget law
Council of Ministers okayed a draft law amending the real estate sale tax law for 2022, aimed at stimulating investment...
- Council of Ministers okayed a draft law amending the real estate sale tax law for 2022, aimed at stimulating investment in the sector
- Cabinet also approved a draft law amending Jordanian Nationality Law for 2022 to align texts related to nationality restoration