SHARJAH / WAM Real estate transactions valued AED5.2 billion in the Emirate of Sharjah in the first quarter of this year, according to Sharjah Real Estate Registration Directorate (SRERD). The latest figures show that the emirate recorded 13,195 transactions, including 1,131 sales in 122 areas that covered 10 million square feet. Investors from 31 nationalities worldwide were involved in these ...

ABU DHABI / WAM The United Arab Emirates has welcomed the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud’s call to the leaders of the Gulf Co-operation Council (GCC) and other Arab League states for two emergency summits in Makkah on May 30, on the critical circumstances the region is going through and their consequences on ...

DUBAI / Emirates Business Jebel Ali Free Zone (Jafza), the Middle East’s leading special economic zone and key growth engine of Dubai’s economy, announced it will waive an estimated AED 35 million ($9.53 million) in fines owed by its customers, in commemoration of the UAE Government’s designation of 2019 as the Year of Tolerance. Jafza’s decision to waive fines is ...