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Dubai real estate deals surge to record AED24.3b in August

  Dubai / WAM The real estate market in Dubai recorded 9,720 total sales worth AED24.3 billion in August, the highest performing month in terms of sales transactions volume and value in 12 years, according to Property Finder, the leading Menat’s proptech company. Comparing period-over-period growth, August witnessed a monthly growth rate in volume of around 37.1 percent and 69.6 ...

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Queen Elizabeth II, Britain’s longest-reigning monarch, dies

BALMORAL / WAM Queen Elizabeth, Britain’s longest-reigning monarch and the nation’s figurehead for seven decades, has died aged 96, Buckingham Palace said on Thursday, Reuters reported. With her death, her eldest son Charles, the former Prince of Wales, will lead the country in mourning as the new King and head of state for 14 Commonwealth realms.

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ADFD financed projects worth AED156.9b by ’21

  ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) continued its support and investment activities across developing economies in 2021, despite the challenges posed by Covid-19. The fund stepped up its efforts to strengthen the local private sector and promote exports as part of its priority to bolster the national economy. ADFD’s annual report for 2021 highlights its ...

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