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Mena construction sector to see 43% growth by ’20

DUBAI / Emirates Business The stage is set for the return of the Middle East’s only dedicated trade fair for tools, hardware, materials, and machinery next month in Dubai, as global manufacturers and local suppliers keep all eyes on a regional construction market that’s well on the road to recovery. More than 160 exhibitors are expected to take part in ...

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Adnoc, Eni to sign deal today

ABU DHABI / Reuters Italian energy company Eni and state oil giant Abu Dhabi National Oil Co (Adnoc) are expected to sign a deal on Sunday, the Italian government and a source said. A statement from the Italian PM’s office said a signing ceremony was scheduled to take place after premier Paolo Gentiloni meets HH Sheikh Mohamed bin Zayed Al ...

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DLD values 8,000 properties worth AED287 billion

DUBAI / WAM Dubai Land Department (DLD) has confirmed that it successfully conducted 8,173 real estate valuations worth over AED287 billion, the highest value ever recorded in 2017. According to a report issued by Taqyeem, Dubai’s Real Estate Appraisal Centre, valuations are done for a variety of reasons such as: investor visas, gifted transfer, auction sales, zakat calculations, sale estimates, ...

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