SHARJAH / WAM The Sharjah’s 2018 non-oil GDP hit AED89 billion, according to an analytical report on the results of Sharjah’s economy in 2018 issued by Sharjah Economic Development Department (SEDD), with all non-oil sectors accounting for 91.9 percent of the GDP. The report indicated an increase in the volume of general production in the emirate in 2018 to about ...

MANAMA / WAM Investcorp on Tuesday announced that its US-based real estate investment team acquired a portfolio of eight single-tenant distribution pr-operties in various locations across US for a combined purchase price of approximately $170 million. The properties in the portfolio total 1.4 million square feet and are 100 percent leased. “We are pleased to add these properties to our ...

Bloomberg Abu Dhabi National Oil Co. (Adnoc) is seeking to raise billions of dollars from its natural-gas pipelines, months after the state-owned explorer got a $4 billion investment in its oil infrastructure assets, according to people familiar with the matter. Adnoc is speaking to financial advisers about bringing in international investors for the pipelines, which could help raise $5 billion ...