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Dubai sees over AED1.8b realty deals in one day

  Dubai / WAM Dubai real estate market recorded 414 sales transactions worth AED1.19 billion, in addition to 101 mortgage deals of AED216.02 million, and 19 gift deals amounting to AED477.33 million on Thursday, data released by Dubai’s Land Department (DLD) showed. The sales included 368 villas and apartments worth AED736.06 million, and 46 land plots worth AED453.75 million, while ...

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Pakistan floods: Sheikh Mohammed orders AED50 million in urgent aid

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, directed urgent aid worth AED50 million to provide relief to those affected by the floods in Pakistan. The aid, which will be provided by the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), in cooperation with ...

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ADX, FTSE Russell announce new benchmark growth market index

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) and FTSE Russell, under their index partnership, have co-developed a new benchmark, the FTSE ADX Growth Market Index (FADGMI) that will track the performance of the ADX’s recently rebranded Growth Market segment. FADGMI, the new index that went live on Thursday, includes the eligible constituents of the Growth Market, ...

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