Dubai / WAM Dubai real estate market recorded 520 sales transactions worth AED1.22 billion, in addition to 72 mortgage deals of AED216.8 million, and 15 gift deals amounting to AED98.13 million on Tuesday, data released by Dubai’s Land Department (DLD) showed. The sales included 440 villas and apartments worth AED902.79 million, and 80 land plots worth AED321.11 million. The ...

  Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) has reduced the fees for 14 main and sub services and waived the fee for one service as of January 1. The move aligns with the objectives of the ‘’Make in the Emirates” initiative to create an attractive business environment for local and international investors and support ...

  Abu Dhabi / WAM The UAE’s Capital will host the 2023 Fortune Global Forum from November 27-29, for the first time in the Middle East and North Africa (Mena), the Abu Dhabi Department of Economic Development (Added) announced. Held under the theme ‘A New Era for Business’, the forum will address global agendas currently including market and trade dynamics, ...

Abu Dhabi / WAM The UAE’s Edge group has announced a strategic investment in High Lander, the company behind Universal UTM, a drone-agnostic unmanned traffic management solution which provides the automation, coordination, and safety much needed in increasingly crowded skies. The $14 million investment creates a ground-breaking partnership and is already forging ongoing deals and high-value opportunities in both the ...

Abu Dhabi / WAM Khalifa Economic Zones Abu Dhabi (Kezad) group announced that it has signed an agreement with Emerging World FZC, the sole importer of Pran-RFL Group’s products in the Middle East region, to establish a Programme for Rural Advancement Nationally (Pran) manufacturing plant catering to local and regional markets. The AED 110 million facility, developed in multiple phases, ...

  Dubai / Gulf Time Jawhara Jewellery, the leading Emirati brand in the world of gold and jewellery, continues its promotional campaign, which it launched in all its stores, during the Dubai Shopping Festival (DSF), in cooperation with the Dubai Gold and Jewellery Group, by announcing the names of four lucky winners with the its second Raffle Draw prizes on ...

  Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), inaugurated the power management company Eaton’s new Customer Experience Centre (CEC) in National Industries Park, Jebel Ali, Dubai. The new facility will serve as a centre of excellence for Eaton to showcase, train and demonstrate Eaton’s products and integrated solutions for industry ...

Dubai / WAM The General Pension and Social Security Authority (GPSSA) on Tuesday launched the ‘Your Commitment Protects You’ campaign to spread awareness on inspection controls and guidelines. It has further highlighted the obligation of an entity towards abiding by inspection controls and guidelines, as well as unnecessary fines incurred on employers as a result of violating registration and monthly ...

  Bloomberg Boeing Co.’s rainmaker in Washington, a former auto lobbyist who goes by the nickname “Z,” is restoring some of the swagger that once made the aerospace giant a force on Capitol Hill. A badly needed legislative victory in late December let Boeing continue plans for its cash-cow 737 Max over the protests of family members of victims of ...

Bloomberg Apple Inc is looking to boost production in India to about a quarter of its global total, one of the country’s top government officials said, as the US tech giant seeks to diversify from its main manufacturing hub in China. “They are already at about 5-7% of their manufacturing in India,” said Piyush Goyal, India’s trade and industry minister, ...