AJMAN/WAM H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued two Emiri Decrees No. (15) of 2023 establishing the Ajman Centre for New Projects (Free Zone) and No. (1) of 2024 concerning the appointment of Sheikh Mohammed bin Abdullah bin Sultan Al Nuaimi as its Chairman. The decrees shall come into force from ...

DUBAI / WAM A total of 2,910 real estate and properties transactions valued at AED10.1 billion were conducted during the week ending 12th January, according to the Dubai Land Department (DLD). The DLD weekly report said that 209 plots were sold for AED 2.19 billion, while 2,100 apartments and villas were sold for AED 4.84 billion. The top three transactions ...

ABU DHABI / WAM ADQ, an Abu Dhabi-based investment and holding company, and ADNEC Group today announced the signing of definitive agreements for the strategic acquisition of a 40.5 percent stake in Egypt-based Talaat Moustafa Group Holding’s hospitality arm, ICON Group through a capital increase. ADQ and ADNEC will invest through a special purpose vehicle, with 49 percent equity ownership ...