Dubai / Emirates Business Dubai Land Department (DLD) recorded an unprecedented growth in the last ten days of 2018. HE Sultan Butti bin Mejren, Director General of DLD, stressed that Dubai’s real estate market recorded a high-transaction volume during the last ten days of 2018 with a value of over AED 19 billion through 2,081 transactions. Bin Mejren affirmed that ...
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‘VP’s journey filled with unparalleled accomplishments’
Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, said that Monday marks the conclusion of the ‘Year of Zayed’ and the nation’s celebration of 50 years of inspiring leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. ...
Read More »â€˜Sheikh Mohammed blazes his own trails’
Abu Dhabi / WAM His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and Chairman of the Abu Dhabi Sports Council, said that His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has succeeded over ...
Read More »Ruwad launches initiative to empower students
Sharjah / WAM Sharjah SME (RUWAD) in cooperation with the Sharjah Education Council, have launched the “Business Stars†initiative, which empowers school and university students and encourages them to take part in the business investment experience. The initiative was inaugurated by Dr. Saeed Musbah al Kaabi, Chairman of Sharjah Education Council, and Abdullah Musabah Al Tunaiji, Board Member of RUWAD. ...
Read More »Abu Dhabi reinforces position as global tourism destination
ABU DHABI / WAM The Abu Dhabi Department of Culture and Tourism has made many achievements, in light of the emergence of specialist tourism trends and its efforts to improve local tourism infrastructure and to inaugurate new attractions that combine originality, modernity and hospitality. These achievements have positively affected the number of visitors to the emirate and its hotel occupancy ...
Read More »UAE banks’ international reserves hit AED404.3bn
Abu Dhabi / WAM The net international reserves in the UAE banking sector hit an all-time high of AED404.3 billion by the end of November, up 23.1 percent of AED76 billion from AED328.3 billion during the same month last year, according to central bank figures. The remarkable growth in net international reserves reflects the distinctive financial and economic status boasted ...
Read More »Abu Dhabi export unit value index increases 10.7%
Abu Dhabi / WAM The export unit value index in the emirate of Abu Dhabi was up 10.7 percent to 88.3 percent during Q3, against 79.8 percent during the same period in 2017, according to Statistics Centre — Abu Dhabi (SCAD). In the meantime, the import unit value index declined 4.8 percent to 106.3 from July through September 2018 from ...
Read More »Emiratis to account for 44% in internal auditing in coming years
DUBAI / WAM The representation of UAE nationals, both males and females, in the UAE Internal Auditors Association (UAE IAA), will be 44 percent in the coming years, according to its chairman. “Emiratis to account for 44 percent in internal auditing in the coming years,” Abdulqader Obaid Ali said at an honouring ceremony for graduates of the 8th batch of ...
Read More »UAE nationals to be trained to join financial, banking sectors
DUBAI / WAM Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, has said that the Ministry, in collaboration with its strategic partners, continues to implement Emiratisation policies, programmes and initiatives to attract UAE nationals and enhance their skills to enable them to lead the economic sectors, including the financial and banking industry. He made these remarks during ...
Read More »Jordan names Al Quwaira solar power plant after Sheikh Zayed
ABU DHABI / Emirates Business In a tribute to the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, the Government of Jordan on Sunday renamed the AED550 million ($150 million) Quweira Solar Power Plant, funded by Abu Dhabi Fund for Development (ADFD), as Sheikh Zayed Solar Power Complex. Speaking on the occasion, HE Mohammed Saif Al ...
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