Dubai / Emirates Business ENBD REIT (CEIC) Limited (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited (the “Fund Manager”), has announced its Net Asset Value for June 30. ENBD REIT’s second NAV since listing, which has increased by 1.74% in the quarter (cum-dividend), now stands at $292 million (AED 1.074 billion) (ex-dividend …

Dubai / Emirates Business Damac Properties, a leading luxury real estate developer in the region, awarded Arabtec Construction LLC with a AED 628 million contract to develop 1,296 villas at Damac’s Akoya Oxygen master development. Arabtec will begin construction in Q3 2017 at the 55-million-square-foot green development in Dubailand, and is expected to complete the project within 24 months. “Damac …

DUBAI / WAM The Abu Dhabi Food Control Authority, (ADFCA) organised, in co-operation with the Food Security Centre – Abu Dhabi, a workshop entitled, “The Challenges of Producing and Marketing Poultry,” which was held today at its branch in Al Ain, to highlight the importance of transferring knowledge, exchanging expertise and finding the correct solutions to the various challenges facing …