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Dubai records AED2.2b in realty deals on Monday

DUBAI / WAM Dubai real estate market recorded 602 sales transactions worth AED1.86 billion, in addition to 104 mortgage deals of AED244.26 million, and 18 gift deals amounting to AED108.8 million on Monday, data released by Dubai’s Land Department (DLD) showed. The sales included 513 villas and apartments worth AED1.18 billion, and 89 land plots worth AED682.89 million. The mortgages ...

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UAE Rulers wish Bahamas Governor-General on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to the Governor-General of the Commonwealth of the Bahamas Cornelius Alvin Smith on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, ...

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South Korean firm to establish Abu Dhabi HQ with Adio support

ABU DHABI / WAM Neoply, a leading South Korean blockchain technology company, will establish its global headquarters in Abu Dhabi with support from the Abu Dhabi Investment Office (Adio), underscoring the UAE capital’s appeal as a magnet for innovation-driven companies. Neoply is joining Adio’s Innovation Programme, which supports the growth of tech-focused industries in the UAE capital. Neoply provides a ...

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