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Dubai’s week long real estate deals hit AED5.3b

  Dubai / WAM The real estate and properties transactions valued at AED5.3 billion in total during the week ending August 5. The sum of transactions was 2,247. 255 plots were sold for AED1.24 billion, 1,510 apartments and villas were sold for AED2.79 billion. The top transactions were a land in Hadaeq Sheikh Mohammed Bin Rashid sold for AED106.57 million, ...

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UAE ministry, Edge team up to set up Industry 4.0 Enablement Centre

  Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) and Edge signed a memorandum of understanding (MoU) to establish the UAE’s first Industry 4.0 Enablement Centre aimed at promoting, enabling, and supporting the digital transformation and the adoption of Industry 4.0 technologies across country’s manufacturing sector. The ministry and Edge will explore how the Enablement Centre ...

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Tecom group included to DFM General Index

Dubai / WAM Dubai Financial Market (DFM) announced the inclusion of Tecom group to DFM General Index and to Real Estate Index sector. In a statement issued on Friday, DFM said that the inclusion of Tecom group will begin as of Monday, August 8. Tecom group began trading on DFM on July 5, after completing its initial public offering (IPO), ...

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