Recent Posts

Dubai week-long real estate deals reach AED7.3bn

  Dubai / WAM A total of 2,338 real estate transactions worth AED7.3 billion were conducted during the week ending October 14, according to figures released by the Dubai Land Department. A total of 106 plots were sold for AED1.76 billion, and 1,791 apartments and villas were purchased for AED3.81 billion. The top three transactions were two lands sold for ...

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Mubadala purchases minority stake in EQT’s GlobalConnect

  Abu Dhabi / WAM EQT has announced that the EQT Infrastructure III and IV funds (EQT Infrastructure) signed an agreement to sell a minority stake in GlobalConnect to Mubadala Investment Company (Mubadala). Headquartered in Stockholm, Sweden, GlobalConnect is a fiber-based data communication and data centre services provider to enterprises, public institutions, and consumers in Northern Europe. The company was ...

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Adafsa unveils food import, export management information system

  Abu Dhabi / WAM The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) launched Food Import and Export Management Information System (Fiemis) during its participation in Gitex Technology Week 2022. The platform allows food import and export services through the Advanced Trade and Logistics Platform (ATLP) operated by Abu Dhabi Ports’ Maqta Gateway and under the Abu Dhabi Department ...

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