Khalifa University sets up a business unit with AED100m
Khalifa University of Science and Technology has launched a business and investment arm of the university named Khalifa University Enterprises Company (KUEC), with an endowment of AED100 million.
Trade surges 69% to AED15.84bn between UAE and Italy in 2021
Trade between the United Arab Emirates (UAE) and Italy has surged 68.6 percent to AED15.84 billion in the first half of 2021, compared AED9.4 billion in the same period last year.
Dubai’s trade with Saudi Arabia leaps up 26 percent to AED30.5bn in H1
Trade between Dubai and Saudi Arabia grew 26 percent to AED30.5 billion in the first half of 2021, making the kingdom the emirate’s biggest trading partner in the Arab world.
Dubai Customs clears AED948m worth of goods to be exhibited at EXPO
Days before the EXPO2020 kicks off, Dubai Customs has cleared goods worth AED948 million that will be exhibited at the grand event. The total weight of the goods stood at mammoth 12,600 tonnes.
ADNOC Distribution’s 375 million shares will be up for sale soon
ADNOC has announced it will offer up approximately 375 million shares of ADNOC Distribution The shares are being offered at AED4.36 apiece The Abu Dhabi National Oil Company announced on Wednesday that it would offer up approximately 375 million shares. ADNOC, along with its subsidiaries, currently holds around 80...
More than AED 4 billion worth of real estate and properties sold in Dubai in week
Around 1,500 real estate transactions made in during one week 120 plots of land, and more than a thousand apartments and villas figure in the sale According to Dubai Land Department (DLD) more than AED 4 billion worth of real estate and properties were sold during the last week ending...
