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Abu Dhabi records AED74b in real estate transactions in 2020

ABU DHABI / WAM The value of real estate transactions in Abu Dhabi in 2020 totalled AED74 billion, with 19,000 transactions being executed, including sales and mortgages of land, buildings and real estate units for all types of land use, a rise of 28 percent compared to 2019, which recorded a value of AED58 billion. A report by the Department ...

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Etihad, Gulf Air sign pact to deepen partnership

ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, and Gulf Air, the national carrier of the Kingdom of Bahrain, have signed a Strategic Commercial Cooperation Agreement (SCCA) to deepen their partnership between Abu Dhabi and Bahrain and beyond the respective hubs. The wide-ranging SCCA, subject to obtaining applicable governmental and regulatory approvals, was signed ...

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Saab reveals first UAE-made product at this year’s Idex

ABU DHABI / WAM Saab, a defence and security company in the UAE, is revealing its first UAE developed product at Idex 2021. The company’s inaugural UAE developed product is a Rugged Camera Module — Infrared, (RCAM-IR) which features an extremely rugged design for harsh and demanding environments. This is the first of many such products to be developed in ...

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