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Dubai records 4,832 real estate deals worth AED10.98b in April

Dubai / WAM Dubai’s real estate market continues to achieve record numbers in the number and value of real estate sales transactions, thus enhancing the emirate’s global position as the preferred, and most attractive and flexible real estate investment destination. The 14th edition of Mo’asher, Dubai’s official sales price index, launched by Dubai Land Department, in cooperation with Property Finder ...

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Adnoc offers over 375mn shares in distribution unit

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) together with its subsidiaries, the Adnoc group, the current holder of 80 percent of the common shares in Abu Dhabi National Oil Company for Distribution PJSC, announced on Wedneday its intention to offer approximately 375 million shares (the shares). The shares correspond to approximately three percent of the registered share ...

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‘Zayed 3’ joint military exercise between UAE, Egypt continues

ABU DHABI / WAM The joint military exercise between the ground forces of the UAE and Egypt titled “Zayed 3”, will continue until June 30. The exercise comes within the framework of the UAE Armed Forces’ keenness to conduct several joint exercises with fraternal and friendly countries, to increase combat capabilities, based on the interest of the Ministry of Defence ...

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