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Cityscape: UAE developers exhibit $10.5bn projects

Dubai / Emirates Business Taking advantage of the region’s largest gathering of real estate professionals, developers took to the halls of the Dubai World Trade Centre to announce and showcase projects worth billions of dirhams. Out of the 300 companies at Cityscape Global, five local developers have exhibited projects worth a total AED38.7 billion ($10.54bn) making up a large portion of ...

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Abu Dhabi’s Sanad AD invests in local F&B firm

ABU DHABI / WAM Abu Dhabi based investment company (Sanad AD) on Wednesday announced a minority investment in local food and beverage company, Slices. The strategic new partnership is expected to help Slices in its continuing crusade to provide wholesome, nutritious meals within the education sector, across schools in Abu Dhabi, Al Ain, Dubai and Sharjah —improving the health of ...

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UAE private sector sees steady expansion in Q3

Dubai / Emirates Business The September data for Emirates NBD Purchasing Managers’ Index (PMI) for the UAE was released on Wednesday. The survey, compiled by IHS Markit, contains original data collected from a monthly survey of business conditions in the UAE non-oil private sector. Commenting on the UAE PMI survey, Khatija Haque, Head of MENA Research at Emirates NBD, said: ...

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