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Dubai real estate brokers secure AED1.3 billion in commissions

DUBAI / WAM Dubai Land Department (DLD) announced that over AED 1.3 billion worth of brokerage commissions were made in Dubai’s real estate market between the beginning of January 2017 and the end of September this year, with a total number of 6,200 active brokers working in Dubai’s real estate market. Real estate brokers achieved these commissions after securing land, ...

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Marina Mall announces AED3bn expansion plan

Abu Dhabi / Emirates Business National Investment Corporation (NIC) has announced a AED3bn plus project to expand and upgrade Marina Mall alongside plans to develop a stunning new waterfront promenade. NIC, the breakwater developer and owner of Marina Mall Abu Dhabi, will commence work on the 300,000sqm expansion in the second half of 2018, while a series of upgrades to ...

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Nakheel to showcase investment prospects at Dubai Property Show

DUBAI / WAM Real estate master developer Nakheel is heading to India with a diverse range of investment opportunities and incentives as it attends the Dubai Property Show (DPS), in Mumbai for the third consecutive year. Nakheel is offering completed, ready- to-move-into apartments, townhouses and villas. Special incentives, including extended payment plans, are also available for DPS visitors who purchase ...

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Conference on nuclear power supports UAE’s vision for N-energy: Mohamed

Abu Dhabi / WAM The convening of the ‘International Ministerial Conference on Nuclear Power in the 21st Century’ in Abu Dhabi comes within the framework of UAE’s aspirations and vision for the future of nuclear energy as a new artery in the network of vital clean energy investments for sustainable development, said His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...

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DFM records $47.18mn net profit in nine months

Dubai / WAM Dubai Financial Market company on Monday announced its financial results for the first nine months of 2017, recording a net profit of AED173.3 million ($47.18mn) , a 1% decrease from AED175 million in the same period of 2016. Net profit of Q3 of 2017 decreased 22 percent to AED27.7 million, compared to AED35.4 million in the corresponding ...

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Al Zeyoudi inaugurates Solar World Congress in Abu Dhabi

Abu Dhabi / Emirates Business His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, inaugurated the 2017 joint ISES Solar World Congress and IEA SHC International Conference on Solar Heating and Cooling for Buildings and Industry (SWC and SHC 2017), which kicked-off in Abu Dhabi on Monday. More than 500 renewable energy researchers and ...

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DXB named leading airport in Middle East

Dubai / WAM Dubai International (DXB), the world’s number one airport for international passengers with 83.6 million passengers in 2016, was chosen as ‘Middle East’s Leading Airport’ at the Middle East Gala Ceremony of the 24th World Travel Awards on Sunday evening in Dubai. Majed Al Joker, Senior Vice President of Assurance and Control Authorities at Dubai Airports, received the ...

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Int’l confab on nuclear power kicks off in Abu Dhabi

Abu Dhabi / WAM Nuclear energy drives global economic growth, supports sustainable development and is helping to meet growing worldwide energy demands – that was the key message on day one of the International Ministerial Conference on Nuclear Power in the 21st Century, currently being held in Abu Dhabi. Over 700 nuclear energy leaders and experts have convened in the ...

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Gulfood Manufacturing to feature 1,600 food suppliers

DUBAI / Emirates Business Dubai World Trade Centre (DWTC) is preparing for the fourth edition of its Gulfood Manufacturing, the Middle East’s largest food, beverage, manufacturing and processing exhibition, which promises to be the biggest show to date, shining the spotlight on thousands of the latest food industry solutions and hot topics such as Value Added Tax (VAT) and sector-shaping ...

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Dubai Customs handles 33,600 transactions

DUBAI / WAM Dubai Customs has revealed that 33,600 transactions were handled on October 26 as part of the ‘Day Without Service Centres’ initiative instigated by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. This raised the number of declarations by 2 percent compared to the day before. Ahmed Mahboob ...

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