Recent Posts

Jebel Ali expands to meet demand

Dubai / WAM Global trade enabler DP World is stepping up container handling productivity at its flagship Jebel Ali Port, by adding 1.5 million TEU, twenty- foot equivalent units, to Container Terminal 3 (T3). The expansion is in response to emerging market demand and increases the port’s capacity from 18 million TEU to 19.5 million TEU. T3 now has a ...

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ADGM, Mastercard join hands to accelerate FinTech growth

ABU DHABI / WAM The Abu Dhabi Global Market (ADGM), the International financial centre in Abu Dhabi, and Mastercard, a leading technology company in the global payments industry, are collaborating on initiatives and fostering more opportunities to support the development and growth of FinTech activities in the UAE capital and the wider region. ADGM and Mastercard share a mutual commitment ...

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Dubai Q3 off-plan transaction values jump 118% to AED4bn

Dubai / Emirates Business Chestertons MENA has reported the total number of off-plan transactions in the third quarter of 2017 has increased by 86% from the previous quarter, while the value of off plan transactions was up by 118% to AED4.04 billion. “With reference to off-plan transactions, Dubai’s real estate market has witnessed seasonal peaks and troughs in the last ...

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