ABU DHABI / WAM AD Ports Group and China Machinery Engineering Group Corporation (CMEC GROUP), a state-owned key enterprise directly managed by the central government of China, have recently signed a Memorandum of Understanding (MoU) to establish a strategic cooperative relationship. The MoU details how the two companies will explore opportunities globally, particularly in the Middle East, Central Asia, South …

ABU DHABI / WAM The UAE has ranked first globally in mobile internet speed for the month of June, with a download speed of 204.24 Mbps and an upload speed of 22.72 Mbps, according to the Speedtest Global Index published by Ookla, a web service that provides analysis of Internet access performance metrics. According to the index, the UAE topped …

AJMAN / WAM Omar bin Omair Al Muhairi, Director-General of the Department of Lands and Real Estate Regulation in Ajman, confirmed that statistics on real estate mortgages showed a rise in value during the first half of 2023. A total of 972 mortgage transactions valued at AED1.5 billion were recorded, a 41 percent increase compared to the same period in …