Dubai / Emirates Business Emaar Properties saw property sales in Dubai surge by 250 percent in the first five months of 2021, compared to the same period last year. Total property sales to date reached AED10.5 billion, against AED3 billion in the same period last year. The company is forecasting even higher growth for H1 2021. Commenting on the figures, ...

Abu Dhabi / WAM Over AED1.4 billion transactions were struck on UAE financial markets on Sunday, pushing the Abu Dhabi main share index 0.26 percent up to 6623 pts, compared to the last trading session, with the Dubai main index following suit at 2820 pts. The International Holding Company led the best performing shares with over AED683 million in trades, ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced that its installed capacity has reached 12,900 megawatts (MW) of electricity and 490 million imperial gallons of desalinated water per day (MIGD) thanks to its state-of-the-art infrastructure, innovation and planning. In comparison with the 1990s, which witnessed the merger of the Dubai Electricity Company and the Dubai Water Department and ...