Recent Posts

Dubai realty investments hit AED14bn by February-end

Dubai / WAM Dubai Land Department (DLD) has released the findings of its real estate bulletin, which reflected the flexibility of Dubai’s real estate sector since the beginning of 2021 and its adaptation to current circumstances related to the outbreak of Covid-19. According to real estate bulletin, titled, ‘Real Estate Updates,’ 3,036 new investors entered the market in January and ...

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UAE banks’ individual deposits hit AED13bn

Abu Dhabi / WAM Deposits by individuals continued to rise in UAE banks during the last quarter of 2020, hitting around AED13 billion despite economic challenges, statistics by the central bank of the UAE have showed. This ratcheted the cumulative balance of deposits in UAE banks up to AED493.9 billion by the end of December from AED480.9 billion in September ...

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No fee hike at Dubai schools for 2021-22

DUBAI / WAM The Knowledge and Human Development Authority (KHDA) on Monday announced that private schools in Dubai will not be increasing tuition fees for the 2021-22 academic year. This is the second consecutive year that fees for Dubai schools have remained steady. Dubai’s private school sector demonstrated its resilience and growth potential with student enrolment increasing by 2.6 percent ...

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