Recent Posts

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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Safeen Feeders joins French firm to launch new service for Southeast Asia

  Abu Dhabi / WAM AD Ports group’s Safeen Feeders will collaborate with shipping leader CMA CGM group, a global player in sea, land, air and logistics solutions, in launching a new Southeast Asia service linking Singapore, Colombo and Chennai. The company’s ‘Safeen Pioneer,’ which has a container capacity of 2,034 TEUs, will join CMA CGM group’s ‘Songa Tiger’ on ...

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Sharjah reports AED2b in realty deals in August

  Sharjah / WAM The emirate of Sharjah completed real estate transactions totalling AED 2 billion during August, according to the monthly report published by Sharjah Real Estate Registration Department (SRERD). The total number of transactions executed by the (SRERD) during the past month amounted to 2,409, with 747 sales transactions representing 31% of total transactions. Mortgage transactions amounted to ...

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