Iran-EU trade surpasses US$5bn in 2023, says Eurostat
TEHRAN, IRAN - The Statistical Office of the European Union (Eurostat) reported that Iran and the 27 European Union member...Business Economy Geostrategy Global
Qatar real-estate trading volume in January stands at US$521m
Doha, Qatar--The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry...Business
Ajman real estate deals up by 73 percent in Nov to $381 million
Ajman, UAE-- The Department of Lands and Real Estate Regulation in Ajman recorded 1121 real estate transactions worth AED1.4 billion...Department of Lands and Real Estate Regulation recorded 123 mortgage transactions with a total value of AED 437 million.
The highest mortgage value was recorded at AED 93.5 million in the “Al-Nakhil 1” area.
EGA to supply CelestiAL solar aluminium to Kobe Steel
The agreement with Kobe Steel will see the supply of EGA’s CelestiAL solar aluminium to one of the largest rolling...The agreement with Kobe Steel will see the supply of EGA’s CelestiAL solar aluminium to one of the largest rolling mills in Japan
EGA currently supplies thousands of tonnes of aluminium to Kobe Steel every year, in a business relationship that stretches back more than 25 years
Twitter to disallow users from promoting rival social platforms
The move of not allowing users to promote their accounts on several rival social media platforms including Facebook and Instagram...Twitter users would be barred from posting "Follow me @username on Instagram," the social media giant said
Twitter co-founder Jack Dorsey questioned the new policy with a one-word tweet: "Why?"
Shah Rukh Khan, other Bollywood stars eye Saudi market
Khan’s Umrah, participation in the Red Sea Film Festival, which followed the filming of Dunki in the futuristic city of...Recent years have seen SRK, as he is called in India, develop a close relationship with the Gulf
Large South Asian diaspora and a growing Arab awareness of Indian films opens up a lucrative market
UN nature deal calls to protect 30% of planet by 2030
MONTREAL, CANADA - A UN nature deal proposed Sunday calls to protect at least 30 percent of the planet by 2030...It called on wealthy countries to increase financial aid to the developing world to $20 billion annually by 2025.
Developing countries, spearheaded by Brazil, were seeking the creation of a new fund to signal the global north's commitment to the cause.
Dubai Supreme Council of Energy reviews efforts to achieve net-zero carbon emissions by 2050
DUBAI, UAE - Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 73rd...The meeting discussed a proposal by ENOC to supply petroleum products to Al Maktoum International Airport through the Falcon Station in Jebel Ali.
It also discussed the national system for trading carbon credits in cooperation with the Ministry of Climate Change and the Environment.
UAE 2031 vision key to its global ambitions
The vision is based on four pillars that cover all sectors including the society, economy, diplomacy and ecosystem, the government...We the UAE 2031’ vision is a national plan through which the UAE aims to pursue its development path for the next 10 years.
It seeks to "enhance the position of the UAE as a global partner and an attractive and influential economic hub", the government says.
KEZAD Group signs lease
The 50-year lease was signed with Star Paper Mill.Under the agreement, Star Paper Mill in collaboration with RC Paper Machines, will expand its existing capacities with an investment of AED200m.
Star Paper Mill’s new facility would have installed capacity of 135,000 tons to manufacture recycled semi kraft liner, white top liner and testliner.
‘Rental Disputes Center provides 9 years of stability in real estate sector’
DUBAI, UAE - The Rental Disputes Center (RDC), the judicial arm of Dubai Land Department (DLD), was launched to achieve...RDC resolved cases by concluding reconciliation agreements amounting to 10,179 cases that were resolved amicably.
The average duration of execution of rental judgments and decisions for 2022 is four days, the RDC director says.
Sharjah records 68% increase in female entrepreneurs: Business Council director
Sharjah, UAE--- Sharjah has witnessed a 68 percent increase in female entrepreneurs recently and as the market grows and expands,...More than 50 percent of the UAE’s museums were located in the emirate and that tourism made up over 12 percent of the GDP.
About 90 percent of the AED700 million real estate investments in the emirate last month were made by foreigners.
