Sheikh Mohammed announces 5 top priorities for UAE in new year 2023
The UAE has announced five priorities for the government in 2023. This came as His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and […]
KPMG delivers $35bln global revenues, 14% growth in FY22
KPMG International has announced strong annual aggregated revenues for its firms globally of $35 billion for the fiscal year ending September 30, 2022 (FY22), an increase of 14%. The aggregate […]
Azizi set to deliver 11,000 new units in Dubai this year
UAE-based Azizi Developments said it ended 2022 on a high note, having sold a total of more than 6,000 units, worth AED5.6 billion ($1.52 billion) and is now set for […]
Tawam Hospital introduces thyroid radiofrequency, microwave ablation
Tawam Hospital, part of the Abu Dhabi Health Services Company (SEHA), shares the story of the first patient to have been treated at Tawam Hospital using a novel procedure called […]
Foreign investor demand to drive Dubai property prices, rents higher in 2023
Continued demand and interest from high-net-worth individuals (HNWIs) and foreign investors will keep property rents in Dubai high in 2023, according to a new report. Property prices in the emirate […]
Star Paper Mill to set up $54mln recycled paper mill in Abu Dhabi
A new recycled paper mill will be established in Khalifa Economic Zones Abu Dhabi (KEZAD) in a move to support the UAE circular economy. The mill will manufacture eco-friendly biodegradable […]
Dubai property deals hit $2.5bln in one week
Property transactions in Dubai reached more than AED 9.2 billion ($2.5 billion) in one week, the Dubai Land Department (DLD) said. The week ending December 16, 2022 recorded at least […]
Dubai records over $326.71mln in realty transactions Tuesday
Dubai real estate market recorded 385 sales transactions worth AED936.65 million, in addition to 98 mortgage deals of AED186.25 million, and 41 gift deals amounting to AED131.82 million on Tuesday, […]
Abu Dhabi’s ADNOC invites banks to pitch for gas business IPO -sources
Abu Dhabi National Oil Company (ADNOC) has invited investment banks to pitch for roles in the initial public offering (IPO) of its gas business next year, two sources […]
UAE President receives acting Defence Minister of Afghanistan
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Afghanistan’s Acting Minister of Defence, Mullah Mohammad Yaqoob, today, at Qasr Al Shati Palace. The meeting addressed cooperation relations and […]