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Food import costs globally to reach $2 trillion this year: FAO

Rome / WAM Food import costs globally are projected to reach nearly $2 trillion this year, or higher than previously expected, the UN Food and Agriculture Organisation (FAO) said in a report. The new forecast of $1.94 trillion would represent an all-time high and a 10 percent increase over the record level of 2021. However, the pace of increase is ...

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UAE President to attend G20 Summit in Bali, Indonesia

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan will attend the G20 Summit, which will take place in Bali, Indonesia from November 15-16. Chaired by Indonesian President Joko Widodo, the 17th G20 Heads of State and Government Summit will welcome heads of state and government officials from the world’s leading economies to address major ...

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Abu Dhabi realty deals hit AED21.04bn in Q3

  Abu Dhabi / WAM Abu Dhabi’s real estate market witnessed continued growth in the third quarter of 2022, recording 4,441 property transactions amounting to over AED21.04 billion, according to the latest report published by the Department of Municipalities and Transport (DMT). The DMT’s quarterly showed that the emirate recorded 1,995 real estate sales worth AED5.39 billion, and 2,446 mortgage ...

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