DUBAI / Emirates Business The Holy Month of Ramadan has been eventful for the Dubai property market in 2019, both in terms of the volume and value of property transactions concluded. Property deals cumulatively worth AED5.6 billion ($1.5 billion) were transacted in Dubai solely during Ramadan this year, reveals analysis by the Research & Data team at Property Finder, the …

RIYADH / WAM The Official Spokesman for the Coalition to Restore Legitimacy in Yemen, Colonel Turki Al Malki, announced that a hostile projectile fired by the Houthi militia at 02:21 on Wednesday hit the arrivals hall at Abha International Airport through which thousands of passengers of different nationalities pass daily. The Saudi Press Agency (SPA) quoted Colonel Al Maliki as …

Bloomberg Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, plans to buy out Vornado Realty Trust’s 25 percent stake in the midtown Manhattan office tower at 330 Madison Ave, according to a person familiar with matter. The deal would give the Abu Dhabi fund, already the building’s majority holder, full ownership. Vornado said it agreed …