• Morocco dispatches aid to Gaza through Israeli airport

    A diplomatic source said the food aid has arrived at Ben Gurion airport near Tel Aviv before being transferred to the Palestinian Red Crescent at the Kerem Shalom crossing between Israel and Gaza. Morocco is the first country to transport its humanitarian aid via "this unprecedented land route".
  • UN aid official presses for aid delivery to Gaza by land route

    The UN aid coordinator for the Palestinian territory Sigrid Kaag said her message to UN Security Council was that the international community must "flood the market in Gaza with humanitarian goods" and "re-energize the private sector" so more commercial goods can enter to meet civilians' needs.
  • Dubai records over US$2.6bn in weeklong real estate transactions

    DUBAI, UAE - A total of 3,543 real estate transactions worth over US$2.6 billion (AED9.8 billion) were conducted during the week ending February 9, 2024, according to data released by the Dubai Land Department (DLD). The DLD report showed that 197 plots were sold for US$315 million (AED1.61 billion), while...
  • WEF24: The story of Africa is being reclaimed

    Africa is moving away from stereotypes of poverty and incapacity to a narrative of ability and competitiveness, Sithembile Ntombela maNdaba, the CEO of Brand South Africa, tells TRENDS.
  • Dubai records weeklong real estate transactions worth $3.13 billion

    Dubai, UAE -- Dubai recorded real estate transactions valued at AED 11.5 billion ($3.13 billion) during the week ending 2 Feb 2024. The sum of transactions was 3,677. A total of 192 plots were sold for AED 2.61 billion, 2,699 apartments and villas were sold for AED 5.75 billion. The...
  • TECOM Group net profit up 49%

    The company recorded its highest-ever revenue of AED 2.2 billion.
  • Dubai posts real estate transactions worth $3.5bn in week ending January 19

    DUBAI, UAE - The real estate and properties transactions valued at US$3.5 billion (AED13 billion) in total during the week ending January 19 2024. The sum of transactions was 3,697 and 184 plots were sold for US$547 million  (AED 2.01 billion), 2,770 apartments and villas were sold for US$2 billion...
  • People-positive approach needed in clean power transition: WEF paper

    Dubai, UAE -- Building massive infrastructure for clean power projects in pursuit of climate goals will need nearly $4.5 trillion in investments by 2030, but more importantly, it will need a “people-positive” approach, experts have said. The people-positive approach has yet to acquire an industry definition. But experts and clean energy...
  • Some farmers in drought-hit Iraq forced to reduce crops: NGO

    Baghdad, Iraq -- Sixty percent of farmers surveyed in four provinces of drought-hit Iraq reported having to reduce cultivated areas or water used, an international rights group said Sunday. The Norwegian Refugee Council called on the Iraqi authorities to improve governance of water resources in the country that has been described...
  • Dubai’s top 10 land deals in 2023 is worth US$2.3bn

    DUBAI, UAE – A real estate brokerage based here has compiled the 10 largest land deals in the Emirate since the beginning of this year, with a total value of US$2.3 billion (Dhs8.6 billion). The study based on data from the Dubai Land Department showed that the largest land sale...
  • Dubai records weeklong real estate deals worth $3.51 billion

    Dubai, UAE -- A total of 1,659 real estate transactions worth over AED 12.9 billion ($3.51 billion) were conducted during the week ending 13th October 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 297 plots were sold for AED 5.08 billion, while...
  • Dubai records $2.83bn billion in weekly real estate transactions

    Dubai, UAE -- Real estate transactions valued at more than AED 10.4 billion ($2.83 billion) were recorded in Dubai during the week ending 18 Aug 2023. Of the total 3,571 transactions,120 plots were that sold for AED1.2 billion and 2,782 apartments and villas were that went for AED6.86 billion. The...
  • Eshraq Q2 profit $9.79m

    The company had posted a loss of AED7 million in Q2 2022.
  • India launches an unmanned spacecraft to land on Moon

    India launched a rocket carrying an unmanned spacecraft to land on the Moon, its second attempt to do so as its space program seeks to reach new heights. The heavyweight LVM3-M4 rocket lifted off from Sriharikota in the southern state of Andhra Pradesh carrying the Chandrayaan-3 spacecraft, as thousands of...
  • EU clears biodiversity bill seeking natural habitat protection

    The parliament's biggest political grouping, the conservative European People's Party (EPP), had sought to shoot down the text, arguing that it would reduce EU food security and limit possibilities to build wind and hydroelectric energy facilities.
  • Dubai’s weeklong real estate transactions exceed US$4.2bn

    DUBAI, UAE -  A total of 4,048 real estate transactions worth over US$4.2 billion  (AED 15.6 billion) were conducted during the week ending 23rd June, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 278 plots were sold for US$473 million (AED 1.74...
  • Arab League urges action to confront drought, desertification

    Cairo, Egypt--The Arab League has called for efforts to confront drought and desertification in light of number of Arab countries lacking water resources, which resulted in land degradation and lack of agricultural land. This came on the occasion of the 29th World Day to Combat Desertification and Drought, themed "Her...
  • HFZA inks deal with Infinite Mining & Energy to build oil refinery

    Sharjah, UAE--The Hamriyah Free Zone Authority (HFZA) has signed a deal with Infinite Mining and Energy to set up a multifunctional oil refinery with a daily production capacity of 10,000 barrels and an annual refining capability of up to 3.6 million barrels. In this connection, Saud Salim Al Mazrouei, director...
  • AD Ports signs deal with Crystal Offshore to develop repair facilities

    Abu Dhabi, UAE--AD Ports Group has signed a 25-year agreement with the Singapore-based company Crystal Offshore, a recognised one-stop logistics solution provider to the marine & offshore Industry. Under the agreement’s terms, a 20,000 square metre plot of land and an associated quay wall in Khalifa Port will be allocated...
  • Dubai records weeklong real estate transactions worth $3.02 billion

    Dubai, UAE -- A total of 3,321 real estate transactions worth AED11.1 billion ($3.02 billion) were conducted in Dubai during the week ending 26th May 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 220 plots were sold for AED 2.54 billion, 2,398...
  • $36m plot of land among $2.47bn Dubai weekly realty deals

    Dubai, UAE -- A total of 3,105 real estate transactions worth AED9.1 billion ($2.47 billion) were conducted in Dubai during the week ending 19 May 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 191 plots were sold for AED1.14 billion, and 2,284...
  • KEZAD, Al Ghurair Foods ink pact

    Pact involves investment of over US$272 million.
  • Dubai records $2.94 billion in weeklong real estate transactions

    Dubai, UAE -- A total of 2,049 real estate transactions worth AED10.8 billion ($2.94 billion) were conducted during the week ending 28 April 2023, according to the Dubai Land Department (DLD). The DLD report said that 172 plots were sold for AED 1.58 billion, while apartment and villa sales stood...
  • Ajman real estate transactions reach $930 million in first quarter

    Ajman, UAE - Total real estate transactions in Ajman in the first quarter (Q1) of 2023 totaled AED3.4 billion ($930 million).Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, said that the number of real estate transactions in Q1 2023 amounted to...
  • Dubai records $450 million in real estate transactions: DLD

    Dubai, UAE - Dubai's real estate market recorded real estate deals worth AED1.8 billion on Monday, Dubai Land Department said. The deals include 496 sales transactions worth AED1.67 billion ($450m) on Monday, in addition to 107 mortgage deals totaling AED169.05 million ($46m), and 13 gift deals amounting to AED32.08 million...
  • Weeklong realty deals worth $2.91 billion recorded in Dubai

    Dubai, UAE -- A total of 3,035 real estate transactions worth AED10.7 billion ($2.91 billion) were recorded during the week ending 31 March, Dubai Land Department (DLD) said Friday. The DLD report said that 158 plots were sold for AED1.27 billion, while apartment and villa sales stood at 2,261, totaling...
  • Dubai records over $517 million in realty transactions

    Dubai, UAE -- Dubai real estate market recorded real estate transactions worth AED1.9 billion ($517 million) on Monday, Dubai Land Department said. These included 561 sales transactions worth AED1.7 billion, in addition to 100 mortgage deals of AED94.43 million, and 61 gift deals amounting to AED65.91 million. The sales included...
  • Dubai records over $544 million in realty transactions

    Dubai, UAE-- Dubai real estate market has recorded deals worth AED2 billion ($544 million) on Thursday, according to Dubai Land Department. The deals included 475 sales transactions worth AED1.38 billion, in addition to 101 mortgage deals of AED491.51 million, and 56 gift deals amounting to AED141.96 million on Thursday. The...
  • Dubai records over $381 million in real estate transactions

    Dubai, UAE-- Dubai real estate market recorded transactions worth AED1.4 billion ($381 million) on Monday, data released by Dubai's Land Department (DLD) showed. The deals included 490 sales transactions worth AED1.17 billion, in addition to 86 mortgage deals of AED177.94 million, and 15 gift deals amounting to AED55.81 million. The...
  • Dubai records over $571 million in real estate transactions

    Dubai, UAE -- Dubai real estate market recorded deals worth AED2.1 billion on Tuesday, Dubai Land Department said. The deals included 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million, and 14 gift deals amounting to AED130.13 million. The sales included 451 villas and apartments...
  • Dubai realty: 2023 starts with ‘strongest’ sales

    The emirate saw a record-breaking rise in real estate sales in the first two weeks of 2023, with a total of AED13.22 billion transacted across 4,275 deals, data suggest.
  • Dubai records over $517 million in realty transactions Thursday

    Dubai, UAE--Dubai real estate market recorded transactions worth AED1.9 billion ($517 million) on Thursday, Dubai Land Department said. These included 432 sales worth AED1.45 billion, in addition to 73 mortgage deals of AED464.03 million, and 20 gift deals amounting to AED18.34 million. The sales included 342 villas and apartments worth...
  • Dubai records over US$2.72bn in weeklong real estate transactions

    DUBAI,  UAE - A total of 2,173 real estate transactions worth over US$2.72 billion (AED 10 billion) were conducted during the week ending January 6, 2023, according to figures released by the Dubai Land Department (DLD). A total of 270 plots were sold for $612 million (AED 2.25 billion), 1,903...
  • Qatar records weekly real estate deals worth $612 million

    Doha, Qatar-- Real estate sales worth more than 2.25 billion Qatari Riyals ($612 million) were registered at the emirate's Real Estate Registration Department at the Ministry of Justice from Dec. 25 to Dec. 29, 2022. The weekly bulletin issued by the Real Estate Registration Department stated that the list of...
  • Dubai records over $518 million in realty transactions Monday

    Dubai, UAE--Dubai recorded real estate deals worth AED2.3 billion ($518 million) on Monday, according to Dubai Land Department figures. The deals included 457 sales transactions worth AED2.02 billion, in addition to 79 mortgage deals of AED202.61 million, and 11 gift deals amounting to AED85.32 million. The sales included 407 villas...
  • Dubai records US$2.6bn in weekly real estate transactions

    DUBAI, UAE  - A total of 2,790 real estate transactions worth US$2.6 billion (AED9.6 billion) were conducted during the week ending December 30, 2022, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 179 plots were sold for US$378 million (AED 1.39 billion), while...
  • ‘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 social and economic stability for those involved in the real estate rental sector and other relevant fields. This helped in establishing a specialized judicial system as per a streamlined mechanism....
  • Real estate transactions worth $390m recorded Tuesday in Dubai

    Dubai, UAE -- Dubai real estate market recorded transactions worth AED1.8 billion ($490 million) on Tuesday, Dubai Land Department said. The transactions included 553 sales transactions worth AED1.43 billion, 107 mortgage deals valued at  AED387.11 million and 12 gift deals amounting to AED43.73 million. The sales included 508 villas and...
  • Villas, apartments form major chunk of $598m Dubai realty deals Tuesday

    Dubai, UAE---Dubai real estate market recorded realty deals worth AED2.2 billion ($598 million) on Tuesday, according to the data by the Dubai Land Department. The deals include 544 sales transactions worth AED1.64 billion, in addition to 78 mortgage deals of AED590.54 million. The sales included 444 villas and apartments worth AED1.01...
  • Jordan’s real estate trading up 23% in January-October of 2022

    AMMAN, JORDAN - Jordan's real estate trade picked up by 23 percent to US$6.8 billion (JD4.875 billion) in 2022's January-October period, in comparison to figures reported in the same period of 2021. The Department of Land and Survey (DLS) revealed on Monday that the state's revenue from the real estate...
  • Dubai records $2.17 billion in weekly real estate transactions

    Dubai, UAE---A total of 2,703 real estate transactions worth AED8 billion ($2.17 billion) were conducted during the week ending 21 October, 2022, according to the Dubai Land Department (DLD). A total of 147 plots were sold for AED1.12 billion, and 2,023 apartments and villas were purchased for AED4.79 billion. The...
  • Villas, apartments worth $265 million sold in Dubai

    Dubai, UAE--- Dubai real estate market recorded realty deals worth AED1.5 billion ($408 million) on Tuesday, Dubai Land Department said.
  • Dubai records over US$435m in realty transactions Monday

    Dubai real estate market recorded 445 sales transactions worth US$321 million, in addition to 68 mortgage deals of $121 million and 37 gifts deals amounting to $16 million on Monday, data released by Dubai's Land Department (DLD) showed.
  • Dubai records realty transactions worth US$1.8bn in week

    A total of 2,401 real estate transactions worth US$1.8 billion (AED6.7 billion) were conducted during the week ending September 23, 2022, according to figures released by the Dubai Land Department.
  • Dubai records realty transactions worth $299 million Thursday

    Dubai, UAE-- Dubai real estate market recorded realty transactions worth AED1.1 billion ($299 million) on Thursday, Dubai Land Department said. The deals included 371 sales transactions worth AED825.36 million, in addition to 81 mortgage deals of AED231.57 million, and 18 gift deals amounting to AED48.1 million. The sales included 334...
  • Dubai realty market records realty deals worth $435m Tuesday

    Dubai, UAE--- Dubai real estate market recorded realty deals worth AED 1.6 billion ($435 million) on Tuesday, according to Dubai Land Deparment. These included 439 sales transactions worth AED1.25 billion, in addition to 66 mortgage deals of AED240.64 million, and 72 gift deals amounting to AED175.81 million. The sales included...
  • Dubai records weeklong realty transactions worth $2.49 billion

    Dubai, UAE---A total of 2,317 real estate transactions worth AED8.9 billion ($2.49 billion) were conducted during the week ending 16 September 2022, according to figures released by the Dubai Land Department. A total of 227 plots were sold for AED4.35 billion, and 1,560 apartments and villas were purchased for AED3.44...
  • Saudi allows duty-free markets at air, sea and land ports

    Riyadh, Saudi Arabia -Saudi Arabia has approved the establishment of duty-free markets, when necessary, at air, sea and land ports and on-board ships and aircraft. The kingdom's Zakat, Tax and Customs Authority (ZATCA) had invited the public to express their opinion on the draft Free Market Rules through “Istitlaa” platform...
  • Dubai records weeklong real estate transactions worth $2 billion

    Dubai, UAE--Dubai's real estate market recorded a total of 2.593 transactions worth AED7.4 billion ($2 billion) during the week ending Friday, according to statistics from the Dubai Land Department. The statistics showed that 320 plots were sold for AED1.75 billion, and 1,720 apartments and villas were sold for AED3.55 billion....
  • Weeklong real estate deals worth $2.3 billion recorded in Dubai

    Dubai recorded a total of 2,739 transactions with a combined value of AED8.4 billion ($2.3 billion) during the week ending Aug. 26, the Dubai Land Department (DLD) said. The transactions included the sale of 274 plots for AED1.36 billion and 1,902 apartments and villas for AED4.35 billion. The biggest deal...
  • Real estate deals worth $381 million recorded in Dubai Tuesday

    Dubai real estate market recorded deals worth AED1.4 billion ($381 million) on Tuesday, including 387 sales transactions worth AED1.15 billion. The transactions also included 68 mortgage deals of AED149.38 million, and 85 gift deals amounting to AED140.85 million, data released by Dubai's Land Department (DLD) showed. The sales included 336...