Recent Posts

UAE leaders congratulate Arab, Islamic leaders on new Hijri year

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to kings, presidents and emirs of the Arab and Islamic countries on the occasion of the new Hijri year 1444. The UAE President wished them good health and happiness, further progress and prosperity for their peoples and dignity and glory for Arab ...

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Alpha Dhabi net profit hits AED7.9b in H1 2022

  Abu Dhabi / WAM Alpha Dhabi Holding has announced its financial results for the half-year ended June 30. The company reported net profit of AED7.9 billion, up significantly from the corresponding period last year of AED1.7 billion. Revenues for the group saw positive contributions and cross sector growth across its verticals year-on-year. On a half yearly basis, the group ...

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Dubai records AED22.75 billion worth of real estate deals in June

DUBAI / WAM Dubai’s real estate market recorded a total of 8,897 sales transactions worth AED22.75 billion, the highest volume of sales transactions for the month of June in the past nine years, according to Mo’asher, Dubai’s official sales price and rental performance index. The month of June witnessed a 34 percent increase in terms of volume and a 24.8 ...

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