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AED68.6bn of realty deals in four emirates in Q1 ’21

Abu Dhabi / WAM UAE property market saw AED68.6 billion in transactions in Q1 of 2021, in a fresh sign that the worst is over and smart recovery is accelerating thanks to increased spending on infrastructure development, and the recorded growth in trade and tourism sectors across the nation. Statistics revealed by the departments concerned in Abu Dhabi, Dubai, Sharjah ...

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India extends $41bn loan guarantee offer to airlines

Bloomberg India expanded an emergency credit program to airlines and hospitals to cushion them from the impact of a wave of coronavirus infections and deaths. The loans, which were previously intended for specific sectors such as small borrowers, can be availed until September 30 or until total guarantees worth 3 trillion rupees ($41 billion) are offered, the Finance Ministry said ...

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Emirates Post, Shurooq ink deal

Abu Dhabi / WAM Emirates Post on Sunday signed a Memorandum of Understanding (MoU) with the Sharjah Investment and Development Authority (Shurooq). The MoU stipulates the launch of commemorative postage stamps and special edition postcards that will be sold to visitors of the Al Bareed Café, a unique coffee house located in the “Heart of Sharjah.” Rashed Huraiz Alfalasi, Acting Chief ...

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