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Emaar’s first-half sales rise 5% to AED17.67bn

  Dubai / Gulf Time Emaar Properties (Emaar), announced good growth in first half profitability, underpinned by robust property sales and growth in the performance of recurring revenue businesses. This performance is testament to the continued confidence in Emaar’s brand and overall post-pandemic recovery of Dubai’s economy, led by the real estate market. Led by robust performance of its core ...

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Abu Dhabi launches programme to empower innovators, entrepreneurs

  Abu Dhabi / WAM As part of its efforts to enhance the innovation and entrepreneurship ecosystem in the emirate, the Competitiveness Office of Abu Dhabi (COAD), part of the Abu Dhabi Department of Economic Development (Added), has officially launched the “Abu Dhabi innovation incubators programme” to support individuals wishing to turn their ideas into innovative commercial opportunities that, in ...

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Dubai reports $2.64bn realty deals in 7 days

  Dubai / WAM A total of 2,433 real estate transactions worth AED9.7 billion ($2.64 billion) were conducted during the week ending August 12, according to figures released by Dubai Land Department. A total of 326 plots were sold for AED1.64 billion, while 1,567 apartments and villas were purchased for AED3.12 billion. The top three transactions were a land plot ...

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