Abu Dhabi / WAM Emirates Stallions Group PJSC subsidiary, Royal Development Company (RDC), a property management firm, have been appointed by Q Properties to manage Reem Hills, the recently launched AED8 billion luxury residential project on Abu Dhabi’s Reem Island. With the first phase due for completion in December 2024, Royal Development Company will manage the project in its ...

  Abu Dhabi / WAM The UAE has strongly condemned the two terror attacks in Afghanistan, one of which targeted a mosque in Mazar-e-Sharif, in which a number of civilians were killed and injured. In a statement on Friday, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) affirmed that, “the UAE expresses its strong condemnation of these criminal acts ...

  Dubai / WAM About 2,145 real estate and property transactions worth AED6.3 billion were conducted in Dubai during the week ending April 22, according to the Land Department of the Government of Dubai. Two hundred and twenty-five plots were sold for AED1.12 billion, and 1,436 apartments and villas were sold for AED3.2 billion, said a Land Department statement on ...

  Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry and the Korea Federation of Small and Medium Business (KBIZ) signed a cooperation agreement to strengthen economic and trading relationships between their respective members. Signed in Abu Dhabi, the cooperation agreement stipulates that both parties shall support the business environment as a global system for positive partnerships ...

  Sharjah / WAM Sharjah Islamic Bank (SIB) announced an increase in its operating profit before provisions by 17.1%, amounting to AED 248.5 million for the first quarter 2022, compared to AED 212.2 million for the same period of the previous year. Net profit amounts to AED 187.0 million for the quarter ended March 31 compared to AED 164.2 million ...

  Dubai / WAM Medyaf, the industry nationalisation initiative at Dubai College of Tourism (DCT), part of Dubai’s Department of Economy and Tourism, has launched the ‘Explore the Tourism Industry in Dubai’ initiative. Designed to empower Emirati talents seeking to join the tourism workforce with the fundamental knowledge and skills, the initiative offers an immersive programme of interactive workshops, field ...

  Abu Dhabi / WAM Khalifa Shaheen Al Marar, Minister of State, headed the UAE delegation to the fourth meeting of the Arab Ministerial Committee in charge of international action to confront illegal Israeli policies and measures in the city Jerusalem. The meeting was held at the invitation of the Hashemite Kingdom of Jordan in its capacity as Chair of ...

  Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry and the Korea Federation of Small and Medium Business (KBIZ) signed a cooperation agreement to strengthen economic and trading relationships between their respective members. Signed in Abu Dhabi, the cooperation agreement stipulates that both parties shall support the business environment as a global system for positive partnerships ...

  Dubai / WAM Medyaf, the industry nationalisation initiative at Dubai College of Tourism (DCT), part of Dubai’s Department of Economy and Tourism, has launched the ‘Explore the Tourism Industry in Dubai’ initiative. Designed to empower Emirati talents seeking to join the tourism workforce with the fundamental knowledge and skills, the initiative offers an immersive programme of interactive workshops, field ...

  Abu Dhabi / WAM Al Dhafra Region will host the fifth edition of the Historic Dalma Sailing Festival’s 60-FT Dhow Race from May 7-20, under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region. The 60-foot traditional dhow race, with a prize fund of AED25 million, is the highlight of the ...