Sharjah / WAM Ajman Bank signed a financing agreement with local developer Arada that will provide AED152 million ($41.38 million) to finance the construction of two key projects within the fast-growing Aljada mixed-use community, Sharjah’s largest ever megaproject. The arrangement has resulted in the provision of AED37 million in financing for a villa complex within the Aljada community, as ...

DUBAI / WAM Dubai Land Department (DLD) has signed memoranda of understanding (MoUs) with three companies specialised in providing smart and advanced real estate solutions: Bayut, DXBinteract.com, and Property Finder. The MoUs aim to provide Dubai’s real estate market with the best solutions that rely on data and interactive reports, which contributes to enhancing the digital transformation trends witnessed by ...

  Abu Dhabi / WAM During its pioneering 50-year journey, Abu Dhabi Fund for Development has worked to support international efforts aimed at achieving sustainable development in the education sector around the world. To date, it has funded 64 educational development projects that serves the educational sector, with a total of AED2 billion invested across 15 developing countries around the ...