ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, congratulated the mountaineering team of the UAE Armed Forces for scaling Mount Everest, the world’s highest peak at 8,848 metres (29,029 feet) above sea level. In a text message to the team on achieving …

  Dubai / Emirates Business Azizi Developments, the biggest private developer in Al Furjan, awarded a contract worth AED200 million to Dubai-based Keilani Construction Company LLC to construct two new serviced residences in the area. The high-end serviced residences – named Roy-Mediterranean and Montrell – will comprise studios and one-bedroom apartments, each standing 9 storeys tall, including the ground level …

DUBAI / WAM Foreign investors purchased AED 667.4 million worth of shares on Dubai Financial Market (DFM) and sold AED 561.3 million over the week, DFM said on Thursday. Net foreign investment on the market reached AED 106.1 million, as aggregate buy. Value of shares bought by foreigner investors comprised 50.2 per cent of the total value of stocks traded …