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UAE, Malaysia keen to boost military, defence relations

  ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, received on Monday Hishammuddin Hussein, Malaysian Minister of Defence, and his accompanying delegation, who are on an official visit to the UAE. The meeting was attended by Lt. General Hamad Mohammed Thani al-Rumaithi, Chief of Staff of the UAE Armed Forces, and a number ...

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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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