ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.89% to close at 4480.72 points. Accordingly the Market Capitalization has gained AED 6.38 billion attaining AED 726.83 billion. A total of 0.98 Billion Shares were traded with a total value of AED 0.93 billion during the trading session of 07-04-2016 through 9887 transactions. The number of companies which ...

Bloomberg Abu Dhabi General Services Company (Musanada) has extended the tender closing dates for the two design-and-build contracts for the proposed crossing that will connect Al-Reem Island, Umlifaina Island and the rest of Abu Dhabi. Contract 2 is now due to be submitted on April 17 and the deadline for Contract 1 is April 27. The original tender closing date ...

Bloomberg Beijing Homelink Real Estate Brokerage Co. is seeking to raise funds in a financing round that will give the property company a valuation of about 40 billion yuan ($6.2 billion), according to people familiar with the matter. Homelink, which focuses on rental and second-hand real estate transactions, is raising about $1 billion and has attracted funding from Chinese Internet ...