Recent Posts

Dubai reports AED8.7bn in week-long realty deals

  Dubai / WAM Dubai has recorded 2,884 real estate and properties transactions at the value of AED8.7 billion in total during the week ending May 27, according to Dubai Land Department (DLD). The DLD weekly report said that 297 plots were sold for AED1.59 billion, as well as 2,116 apartments and villas for AED4.75 billion. The top three land ...

Read More »

US-UAE Business Council identifies ‘tremendous potential’ for growth

  ABU DHABI / WAM With $16.7 billion worth of exports last year, the US-UAE Business Council is poised to further enhance ties between the United States and the UAE in healthcare, energy sustainability, space, advanced manufacturing, and the digital economy. “There is tremendous potential for the further growth of the bilateral relationship,” Danny Sebright, the Council president, told the ...

Read More »

IHC’s Al Seer Marine buys two tankers for AED246m

  Abu Dhabi / WAM Al Seer Marine has announced that it acquired two vessels, valued at a combined AED246 million, to meet the rapidly growing demand for transportation of liquified petroleum gas (LPG). Al Seer Marine, which is pursuing an expansion strategy to become a major world leader in commercial shipping, has targeted the acquisition of up to 15 ...

Read More »
Send this to a friend