Recent Posts

Dubai records AED10b realty deals in 7 days

  Dubai / WAM According to the Dubai Land Department (DLD) weekly report, there were 3,267 real estate and property deals conducted in Dubai during the week ending February 24, with a total value of AED10 billion. Of these transactions, 168 plots were sold for AED1.26 billion, while 2,230 apartments and villas were sold for AED5.14 billion. The top three ...

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Unit 3 of Barakah nuclear plant begins commercial operations

Abu Dhabi / WAM Emirates Nuclear Energy Corporation (Enec) announced that its operating and maintenance subsidiary Nawah Energy Company (Nawah), has commenced commercial operations of Unit 3 of Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi. As the third unit to be delivered in three consecutive years, this major accomplishment adds a further 1,400 megawatts (MW) ...

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UAE, Kuwait trade soars to 87% to AED43b in 10 years

  Abu Dhabi / WAM Non-oil foreign trade between the UAE and Kuwait has grown 87 percent over the past ten years to reach AED43 billion by the end of 2022, compared to AED23.3 billion in 2013, according to preliminary data issued by the UAE’s Federal Competitiveness and Statistics Centre (FCSC). The FCSC data showed that the total trade between ...

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