Recent Posts

Dubai’s weeklong real estate deals hit AED10.3bn

  Dubai / WAM A total of 2,785 real estate transactions worth AED10.3 billion were conducted during the week ending 10th February, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report revealed that 311 plots were sold for AED2 billion, while 1,999 apartment and villa sales totalled AED4.59 billion. The top three transactions were a ...

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UAE President accepts condolences from Ajman, UAQ rulers and Sheikhs

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan accepted condolences from His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, and His Highness Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, over the passing of Sheikha Maryam bint Abdullah bin Sulayem Al ...

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Abu Dhabi’s Multiply group nets AED18.56b profit in ’22

Abu Dhabi / WAM Multiply group, an Abu Dhabi-based investment holding company, reported AED18.56 billion in net profit for 2022, driven by the strong performance of the group’s investments and growth in its operating portfolio. Despite several global headwinds, most of its subsidiaries showed growth in operating profits in 2022, highlighting the strength of these businesses and the resilience of ...

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