SHARJAH / WAM The real estate sector in the emirate of Sharjah has shown significant growth during Q3 2021, as the monetary value of real estate transactions amounted to AED5.7 billion by the end of September, through 16,781 transactions, according to a report issued by the Sharjah Real Estate Registration Department. These numbers marked a growth rate of 22.7 percent ...

ADDIS ABABA / WAM The UAE, through the Emirates Red Crescent (ERC), provided relief aid to people affected by the humanitarian situation in Ethiopia, including 50 tonnes of food, health supplies and children’s food supplements, benefitting thousands of displaced families in several provinces. The aid was sent to support Ethiopian families affected by the events taking place in the country, ...

MANAMA / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, announced that it has completed the acquisition of ten UK industrial assets, comprising c. 660,000 sq ft, via four transactions for a combined purchase price of €56.7 million. Since launching its European real estate business in 2017, Investcorp has invested approximately €1 billion ...