Dubai real estate transactions exceeded AED 259 billion last year. The Dubai Land Department’s media report for 2016 reveals that the real estate market in the emirate is moving towards sustainable growth. Last year, 134 new projects were launched worth AED 100 Billion. His Excellency Sultan Butti Bin Merjen, Director General of DLD, predicts that the market in Dubai will gain further momentum in 2017, signalling an upward trend for sustained growth in the run-up to Expo 2020.
BRIDGE Summit drives $200 million deal to boost UAE's media sector
A $200 million investment multi-dimensional partnership deal has been outlined at BRIDGE Summit 2025 that will position the UAE as the world’s new epicentre for compute, advanced media production and next-generation education.
ADCB successfully completes AED6.1 billion rights issue
Abu Dhabi Commercial Bank PJSC (ADCB) on Wednesday announced the successful completion of its AED6.1 billion rights issue, following the close of the subscription period on December 4.
UAE, Russia to strengthen economic ties
The United Arab Emirates and Russia have reaffirmed their commitment to deepening economic cooperation during a high-level meeting in Dubai.
Dubai Duty Free hits AED8 billion retail landmark
Dubai Duty Free reached an historic milestone on Tuesday when the airport retailer passed AED8 billion in annual sales for the first time in its 42-year history.
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