DUBAI / WAM Foreign investors purchased AED524 million worth of shares on the Dubai Financial Market (DFM) and sold AED595.2mn over the week, DFM said. Net foreign investment on the market reached AED71.2 million as aggregate sell. Value of shares bought by foreigner investors comprised 45.4 per cent of the total value of stocks traded during the last five …

  Seoul / WAM Dubai Holding on Thursday launched the SmartCity concept in Seoul which combines the UAE’s experience in managing smart cities with South Korea’s tremendous technological advancements. The project will cover an area of 51 million sq ft, and will be strategically located between the two metropolitan cities of Seoul and Incheon, close to two international airports. The project …

  Dubai / WAM A delegation of Mohammed Bin Rashid Al Maktoum Foundation (MBRF) headed by its Managing Director, Jamal bin Huwaireb, recently visited Tokyo to explore avenues of cooperation with key cultural institutions in Japan. bin Huwaireb met Shinjiro Komatsu, Japanese Deputy Minister of Education, Culture, Sports, Science and Technology, and discussed initiatives that Japan has taken to establish a …