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Sharjah sees 2,417 realty deals in July

  Sharjah / WAM Sharjah Real Estate Registration Department (SRERD) revealed that total transactions carried out during the past month amounted to 2,417 transactions across 71 different areas distributed over the emirate of Sharjah. The transactions are broken down as follows: 588 sales transactions, 338 mortgage transactions, and 1,491 classified as other miscellaneous transactions. SRERD monthly report showed percentages of ...

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UAE President attends fraternal consultative meeting in Egypt

  AL ALAMEIN, Egypt / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, attended on Tuesday the fraternal consultative ‘Al Alameim Meeting’ which was called by Egyptian President, Abdel Fattah el-Sisi, with the participation of King Hamad bin Isa Al Khalifa of Bahrain and King Abdullah II of Jordan. During the meeting, held in Al Alamein City, Mersah ...

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Dewa sets new world record for gas turbine, desalination units’ overhaul

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced breaking its own world record in major inspection outage duration for the overhaul of gas turbines and desalination units, recorded in 2019. This achievement promotes Dewa’s position as a globally leading sustainable model for overhauling gas turbines and desalination units. Dewa has reduced the maintenance outages for critical ...

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Nobel laureate Wole Soyinka joins NYU Abu Dhabi faculty

  Abu Dhabi / WAM Wole Soyinka, recipient of the Nobel Prize in Literature, has been appointed Arts Professor of Theater at New York University Abu Dhabi (NYUAD) effective September 1. A multifaceted artist-dramatist, poet, essayist, musician, philosopher, teacher, human rights activist, and global artist and scholar, Soyinka joined the NYUAD Theatre Programme as a full-time faculty member, thereby offering ...

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Sharjah realty deals hit AED1.4b in July

  Sharjah / WAM Sharjah Real Estate Registration Department (SRERD) has revealed that total transactions carried out during the past month amounted to 2,417 transactions across 71 different areas distributed over the emirate of Sharjah. The transactions are broken down as follows: 588 sales transactions, 338 mortgage transactions, and 1,491 classified as other miscellaneous transactions. SRERD monthly report showed percentages ...

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UAE sends 50 tonnes of food items to Zimbabwe

  Abu Dhabi / WAM The United Arab Emirates (UAE) on Tuesday sent a plane carrying 50 tonnes of essential food items to the Republic of Zimbabwe to meet the needs of thousands of families and vulnerable groups such as women, children, and the elderly. Dr Jassim Muhammad Al Qasimi, UAE ambassador to Zimbabwe, said, “Sending food items to the Republic ...

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Shajah issues, renews 61,000 licenses in ’21

  Sharjah / WAM More than 61,000 licenses were issued and renewed during 2021 in Sharjah, with a growth rate of 8% compared to 2020, the Sharjah Economic Development Department (SEDD) said in its annual report. This comes within the wise vision of HH Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to meet ...

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Dubai wins bids to host 99 events in first half of 2022

  Dubai / WAM Dubai has consolidated its position as a leading destination for international business events in the first half of 2022, securing the rights to host major conferences, congresses, incentive travel programmes and other meetings over the forthcoming years. Over the first six months of 2022, Dubai Business Events (DBE), Dubai’s official convention bureau, collaborated with stakeholders across ...

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London’s empty office space hits highest level in 15 years

Bloomberg Office availability in central London is at its highest level in more than 15 years, the latest sign of how the pandemic-driven shift to remote working is upending demand for the commercial property. Availability was close to 31 million square feet in August 2022, according to real-estate data and information company CoStar. That’s the equivalent of about 60 Gherkin ...

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Americans’ pay floor for accepting a new job rises to $73,000

  Bloomberg The average reservation wage, or the lowest pay level that Americans would be willing to accept for a new job, rose by 5.7% from a year earlier to $72,873 in July, according to the latest labour-market survey by the Federal Reserve Bank of New York, as soaring prices change the calculus for workers. The self-reported reservation wage has ...

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