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Ajman real estate deals reach AED8.9b in 2020

AJMAN / WAM The annual real estate report issued by the Department of Land and Real Estate Regulation in Ajman highlighted the stable performance of the emirate’s real estate market, noting that real estate transactions in 2020 totalled AED8.9 billion. Nasser Al Marzouqi, Deputy Director-General of the Department, stressed that Ajman’s real estate sector has maintained its positive performance, due ...

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UAE a key economic partner of South Korea, says KITA’s chief

ABU DHABI / WAM Kim Young-ju, Chairman of the Korea International Trade Association (KITA), stated that the UAE and South Korea have had solid bilateral relations since the start of their diplomatic ties in 980s, adding that the two friendly countries established a strategic partnership in 2018 during the official visit of Moon Jae-in, President of South Korea, to the ...

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Dubai South welcomed 650 new firms in ‘20

DUBAI / WAM Dubai South announced that its Business Park succeeded in attracting 650 new companies as well as leasing of 945,488 square feet of space in 2020 despite the challenging times. In light of the impact of Covid-19 on the business landscape last year, Dubai South realigned its offerings and rolled out an array of stimulus packages to support ...

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