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Islamic world set to begin Ramadan during Covid-19

ABU DHABI / WAM In a few days, the Islamic world will begin the Holy Month of Ramadan, which will take place for the second consecutive year amidst the extraordinary conditions caused by the Covid-19 pandemic. Despite the growing level of knowledge and awareness of the virus, the special nature of the Holy Month requires reiterating the importance of having ...

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AED3 billion of weeklong real estate deals in Dubai

DUBAI / WAM A total of 1,131 real estate and property transactions valued at AED3 billion were registered during the week ending March 24. As many as 115 plots were sold for AED548.96 million, 721 apartments and villas were sold for AED1.25 billion. The top three transactions were a land in Palm Jumeirah sold for AED55 million, followed by a ...

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UAE and UK sign agreement to invest ₤1 billion in life sciences

ABU DHABI / WAM Abu Dhabi’s Mubadala Investment Company, one of the world’s leading sovereign investors, and the Department for International Trade and the Prime Minister’s Office’s recently-established UK Office for Investment (OfI), on Wednesday signed a long-term investment agreement. This is the first agreement of its kind for the UK and the Office for Investment and will deepen existing ...

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