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Jebel Ali port, Jafza key to boosting India-UAE trade to $100b in 5 years

  Dubai / WAM DP World hosted “The India-UAE Bridge; Dubai – India’s Gateway to the World” along with the Confederation of Indian Industry (CII) for key business leaders in Mumbai to showcase the role of Jebel Ali Port and Free Zone in boosting non-oil trade between the UAE and India to $100 billion over the next five years, complementing ...

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Aramex acquires MyUS platform in $265m deal

  Dubai / WAM Aramex, a leading global provider of logistics and transportation solutions that is listed on the Dubai Financial Market (DFM), has completed the acquisition of Access USA Shipping (MyUS), a global technology-driven platform, for an all-cash purchase price of about $265 million. The transaction, after having obtained all the necessary regulatory approvals, marks Aramex’s largest acquisition to ...

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Dubai reports AED2.2bn realty deals in one day

  Dubai / WAM Dubai real estate market recorded 479 sales transactions worth AED1.65 billion, in addition to 82 mortgage deals of AED406.61 million, and 37 gifts deals amounting to AED137.63 million on Wednesday, data released by Dubai’s Land Department (DLD) showed. The sales included 437 villas and apartments worth AED1.44 billion, and 42 land plots worth AED210.44 million, while ...

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