ADX market data goes live on TradingView platform
The Abu Dhabi Securities Exchange (ADX) has signed a new data-sharing partnership with TradingView, a US-based leading financial information portal, to help attract a new generation of global traders and investors to the exchange. As part of the agreement, ADX market data is now live on TradingView’s platform and accessible by a large base […]
Imkan launches Phase Two of key Abu Dhabi residential community
Abu Dhabi-based Imkan Properties has launched the second phase of AlJurf Gardens, a well-designed residential community development within the 370-hectare AlJurf masterplan. Located in Ghantoot, between Abu Dhabi and Dubai, AlJurf will introduce a new concept of community living for those who seek sanctuary from a fast-paced city life, said the developer. The master-planned development […]
AD Ports to buy majority stake in Egyptian maritime companies
Abu Dhabi-based AD Ports Group has announced that it has reached an agreement to acquire a 70% equity stake in International Associated Cargo Carrier BV, which wholly owns two Egypt-based maritime companies, Transmar International Shipping Company and Transcargo International (TCI). The total purchase consideration (Enterprise Value) of this transaction amounts to AED514 million ($140 million). […]
FANR’s inspectors at Barakah Nuclear Power Plant will oversee process to ensure it is completed according to regulatory requirements
The Federal Authority for Nuclear Regulation (FANR) emphasised that the Operating License, issued by FANR on 17th June, 2022, authorises the Nawah Energy Company (Nawah) to commission and operate the Unit 3 of the Barakah Nuclear Power Plant with an estimated duration of 60 years. In a statement today on the occasion, the commissioning […]
Egypt’s Prime Minister inspects Al-Alamein to follow up on projects
Prime Minister Mostafa Madbouly visited the new city of Al-Alamein in an inspection tour to follow up on the development work being carried out there, especially in terms of utilities. During the tour, Madbouly listened to Minister of Housing Assem Al-Jazzar review the volume of investments in the new city and explain that these investments […]
Fuel Assemblies loading started at Unit 3 of the Barakah Plant after receiving operating license from FANR
The Emirates Nuclear Energy Corporation (ENEC) announced today that its operating and maintenance subsidiary Nawah Energy Company has received the Operating License from the UAE’s Federal Authority for Nuclear Regulation (FANR) for Unit 3 of the Barakah Nuclear Energy Plant, and the process of loading fuel assemblies into the reactor has begun in line […]
Dubai rents increasing at the fastest rate in eight years, says study
A recent survey revealed that residential rents in Dubai are increasing at the fastest rate since late 2014. The total volume of transactions in Dubai’s residential market reached 5,542 in May 2022, up a whopping 33 per cent from a year earlier. According to the June 2022 edition of the ‘Dubai Residential Market Snapshot’ report […]
Dubai’s Mohammed Bin Rashid Library opens to public today: All you need to know
The Mohammed Bin Rashid Library (MBRL) opens to the public today. There is something for everyone in the Mena region’s biggest library, which houses 1.1 million books in 30 languages spread over 54,000sqm on seven floors and in nine libraries. Here is an overview of everything you need to know before your first visit. ENTRY: […]
Second citizenship market to hit $100bln by 2025 on big Mideast investor interest
With more and more people from the region applying for a second citizenship in hotspots like Portugal and the Caribbean countries (mainly Dominica and St. Kitts) – thanks to the tax breaks, wealth management and smooth travel to more than 130 countries – the global citizenship industry is booming and is poised to reach $100 […]