Abu Dhabi / WAM Masdar Green Reit, the UAE’s first Real Estate Investment Trust to invest solely in sustainable real estate assets, has concluded the acquisition of property worth AED934 million ($254.28 million), taking its portfolio value to AED1.91 billion, with further assets identified for potential future investments. The announcement, made by the fund’s manager Masdar Capital Management Limited (MCML) ...

  Sharjah / WAM Khalid Jasim Al Midfa, Chairman of the Sharjah National Day Celebrations Committee, said that the emirate is preparing to celebrate the annual National Day, which will include UAE citizens, residents and visitors. On the occasion, he congratulated President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

Bloomberg Virgin Atlantic Airways Ltd. called on regulators to ensure London’s Heathrow airport returns to full capacity next summer and linked his support for a third runway to measures that improve competition with British Airways, such as Virgin’s own dedicated terminal. Chief Executive Officer Shai Weiss is concerned that 2023’s peak season will see a repeat of capacity caps imposed ...