Recent Posts

Dubai records 5,352 realty deals worth AED13.12bn in October

DUBAI / WAM Coinciding with the launch of Expo 2020 Dubai, the largest global event and the first-of-its-kind in the Middle East, the Dubai real estate market continued to record new achievements and further growth in the field of real estate sales transactions. According to the data of the 20th edition of Mo’asher, Dubai’s official sales price index launched by ...

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National Day holidays for private sector announced

ABU DHABI / WAM All personnel working in private sector establishments, institutions and companies in the country will get a paid holiday on the occasion of Commemoration Day and UAE’s 50th National Day from Wednesday, December 1, until Friday, December 3. This was announced by the Ministry of Human Resources and Emiratisation in implementation to the cabinet resolution regarding the ...

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UAE banks waive over AED1b debts of Emiratis

Abu Dhabi / WAM The Non-performing Debt Relief Fund announced on Wednesday that 20 banks and financial institutions had waived the debts of 4,511 Emirati citizens, with a total value of more than AED1,157,388,000. The banks that participated included First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Emirates NBD, Abu Dhabi Islamic Bank, Standard Chartered, Mashreq Bank, Etisalat, National Bank ...

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