DUBAI / GULF TIME The real estate sector stands as an instrumental force in the UAE economy, constituting nearly 5.5% of the total GDP. Dubai, recognized as the world’s fourth busiest ultra-prime property market last year reported a remarkable 40% increase from to AED 97.55 Billion in Q3 2023 compared to AED 69.5 Billion in Q3 2022. As Dubai cements ...

ABU DHABI/WAM Yousef Saif Al Ali presented his credentials to Ibrahim Traore, Burkina Faso’s transitional President, as non-resident ambassador to Burkina Faso. Al Ali conveyed the greetings of His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness ...

ABU DHABI/WAM ADQ, an Abu Dhabi-based investment and holding company, and Azerbaijan Investment Holding (AIH), a strategic sovereign wealth fund located in Baku, have announced the formation of a joint venture with the aim of investing in sectors of mutual priority and interest, such as agriculture, technology, pharmaceuticals and energy infrastructure. The platform will seek and leverage investment opportunities with ...