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Abu Dhabi realty deals hit AED77.6 billion in 2022

ABU DHABI / WAM The Department of Municipalities and Transport (DMT) has revealed that the UAE capital’s real estate market recorded 19,033 transactions, reaching a total value of AED77.6 billion in 2022. As per the Department’s reports, the emirate’s real estate sector recorded 9,010 sales transactions worth AED23.5 billion and 10,023 mortgage transactions worth AED54.1 billion Yas Island topped the ...

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US troop expansion near Taiwan revives old debate in Philippines

BLOOMBERG It’s been more than three decades since the Philippines ordered US troops to withdraw from their sprawling military bases in the country, ending an era that hearkened back to America’s colonial days. Now the man overseeing the Subic Bay Metropolitan Authority — once home to the US’s biggest naval base in Asia — wants them back. A recently revived ...

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Blinken, counterparts say Quad grouping not a military alliance

BLOOMBERG US Secretary of State Antony Blinken and his Quad nation counterparts seemed to use a public appearance to reassure China the grouping was not a security union seeking to force countries in Asia to choose between them and Beijing. “This is not a military grouping, it’s not that kind of alliance,” Blinken said on Friday at a panel discussion ...

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