Dubai / Gulf Time Dubai saw the completion of 1,392 real estate transactions valued at AED5.6 billion during the week ending December 30, according to the Dubai Land Department (DLD). The DLD weekly report said 98 plots were sold for AED685.36 million, along with 994 apartments and villas for AED1.93 billion. The top three transactions were for a land ...

  Dubai / WAM Dubai Airports said that an estimated two million passengers are expected to pass through DXB until January 8, 2022, with average daily traffic exceeding 178,000 travellers. January 2, 2022 will be busiest day of holiday season with more than 198,000 passengers expected. Dubai Airports also announced on Thursday that only ticketed passengers will be allowed entry ...

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) on Thursday announced the early, full repayment of the project finance facilities extended by 13 export credit agencies and banks for the development of the company’s Al Taweelah smelter in Abu Dhabi. The project financing was extended to Emirates Aluminium, now an EGA subsidiary, for phase one of the project in ...