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Dubai records AED1.6b realty deals in one day

  DUBAI / WAM Dubai real estate market recorded 392 sales transactions worth AED900.8 million, in addition to 84 mortgage deals of AED741.14 million, and 15 gift deals amounting to AED37.6 million on Monday, data released by Dubai’s Land Department (DLD) showed. The sales included 341 villas and apartments worth AED700.84 million, and 51 land plots worth AED199.97 million, while ...

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Abu Dhabi’s IHC buys 15% stake in Burjeel Holdings

  ABU DHABI / WAM International Holding Company (IHC), the diversified Abu Dhabi-based conglomerate, on Monday announced a direct acquisition of a 15% stake in Burjeel Holdings, the leading regional private healthcare group, in one of the biggest deals in the Gulf’s healthcare sector in recent years. The acquisition aims to scale and diversify IHC’s investment in the healthcare sector ...

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Kezad to provide integrated ecosystems for key industries

  ABU DHABI / WAM AD Ports Group, the leading facilitator of trade, logistics, and industry, has unveiled “KEZAD Group” as part of the plan to consolidate and grow its Economic Cities and Free Zones offering. The move follows the integration of Khalifa Industrial Zone Abu Dhabi (Kizad) and Specialised Economic Zones (ZonesCorp) into the newly formed KEZAD Group (Khalifa ...

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