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Dubai sees AED6.3bn in week-long realty deals

  Dubai / WAM About 2,145 real estate and property transactions worth AED6.3 billion were conducted in Dubai during the week ending April 22, according to the Land Department of the Government of Dubai. Two hundred and twenty-five plots were sold for AED1.12 billion, and 1,436 apartments and villas were sold for AED3.2 billion, said a Land Department statement on ...

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Abu Dhabi, South Korea ink deal to promote investment opportunities

  Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry and the Korea Federation of Small and Medium Business (KBIZ) signed a cooperation agreement to strengthen economic and trading relationships between their respective members. Signed in Abu Dhabi, the cooperation agreement stipulates that both parties shall support the business environment as a global system for positive partnerships ...

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Sharjah Islamic Bank’s net profit up 13.9% in Q1 2022

  Sharjah / WAM Sharjah Islamic Bank (SIB) announced an increase in its operating profit before provisions by 17.1%, amounting to AED 248.5 million for the first quarter 2022, compared to AED 212.2 million for the same period of the previous year. Net profit amounts to AED 187.0 million for the quarter ended March 31 compared to AED 164.2 million ...

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