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Washington REIT explores sale of retail portfolio

Bloomberg Washington Real Estate Investment Trust (REIT) is exploring the sale of its retail portfolio, according to people familiar with the matter. The D.C.-based REIT is working with an adviser, which has contacted potential buyers, said the people, who asked not to be named because the information is private. The portfolio could fetch roughly $800 million, one of the people ...

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Interfaith Alliance Forum in November

Abu Dhabi / WAM The UAE will host the Interfaith Alliance Forum in the nation’s capital, Abu Dhabi on November 19-20, under the auspices of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The announcement came during a press conference held at the Ministry of Interior ...

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UAE-Saudi non-oil trade surges to $196bn in H1

Abu Dhabi / WAM The UAE-Saudi non-oil trade has grown 1230 percent since the establishment of the GCC Customs Union in 2003 until H1 2018, according the statistics of the UAE Federal Customs Authority (FCA). The total non-oil intra-trade between the two countries amounted to AED720 billion ($196 billion) during the monitored period, with total UAE imports from the Kingdom ...

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