DUBAI/WAM Dubai’s real estate market has had a record-breaking year, with new milestones being set throughout 2024, culminated in an all-time peak of 180,900 transactions worth AED 522.1 billion. A market report issued on Thursday by fäm Properties underlines how 2024 became an historic year, with big leaps of 36 percent and 27 percent respectively on the previous high of …

ABU DHABI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has chaired the UAE Cabinet’s first meeting of 2025 at Qasr Al Watan, Abu Dhabi. The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential …

BEIJING / WAM The International Energy Agency (IEA) has emphasised the critical role of smaller and affordable electric vehicles (EVs) in driving global adoption, particularly in emerging and developed markets. While EVs often offer lower lifetime ownership costs due to reduced fuel and maintenance expenses, high upfront prices remain a barrier. The IEA’s Global EV Outlook revealed that up to …