Dubai / WAM According to the Dubai Land Department (DLD) weekly report, there were 3,267 real estate and property deals conducted in Dubai during the week ending February 24, with a total value of AED10 billion. Of these transactions, 168 plots were sold for AED1.26 billion, while 2,230 apartments and villas were sold for AED5.14 billion. The top three ...

Abu Dhabi / WAM Emirates Nuclear Energy Corporation (Enec) announced that its operating and maintenance subsidiary Nawah Energy Company (Nawah), has commenced commercial operations of Unit 3 of Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi. As the third unit to be delivered in three consecutive years, this major accomplishment adds a further 1,400 megawatts (MW) ...

  Abu Dhabi / WAM Non-oil foreign trade between the UAE and Kuwait has grown 87 percent over the past ten years to reach AED43 billion by the end of 2022, compared to AED23.3 billion in 2013, according to preliminary data issued by the UAE’s Federal Competitiveness and Statistics Centre (FCSC). The FCSC data showed that the total trade between ...

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, Supreme Chairwoman of the Family Development Foundation and Honourary President of the Emirates Red Crescent (ERC), has directed to arrange medical treatment for a number of Syrian earthquake victims, including children, in the UAE hospitals. ...

Sharjah / WAM Expo Centre Sharjah (ECS) wrapped up the eighth edition of Paper One Show on a high note. The exhibition managed to cement its leading position as one of the key regional events specialised in the paper industry. The event’s eighth edition – organised by Al-Furat Fair Organiser and supported by Sharjah Chamber of Commerce and Industry (SCCI) ...

  Abu Dhabi / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has announced its participation at the 31st edition of the New Delhi World Book Fair, which will be held from February 25 to March 5. The fair, a key cultural platform among international book ...

  ABU DHABI / GULF TIME Team Abu Dhabi is all set for another title battle as UIM F1H2O World Championship launches its new season on Tuba Lake in Kopiko, Indonesia on Saturday. On Friday, the Emirati team began the journey of defending the championship title with the first round launched in a variety of qualifying phases. At the end ...

  Bloomberg Boeing Co plans to end production of its F/A-18 Super Hornet, the fighter jet that wowed movie audiences in last year’s Top Gun: Maverick, after more than 2,000 deliveries over 40 years. The aerospace giant will stop manufacturing the fighters after it hands over the last Super Hornet to the US Navy in late 2025, according to a ...

  Bloomberg IAG SA said it’s enjoying strong bookings into this year, led by holiday travel and stable business trips, and predicted a further recovery in 2023 as the aviation industry emerges from its worst-ever crisis sparked by the pandemic. Full year operating profit will reach about €1.8 billion to €2.3 billion, while net debt will remain broadly unchanged at ...

  Bloomberg Thai Airways International Pcl’s fourth quarter profit almost tripled after Thailand eased pandemic-related border restrictions and tourists started to come back to the popular Southeast Asia holiday destination. The carrier’s net income for the three months ended on December 31 rose to 11.2 billion baht ($322 million) from 4 billion baht a year earlier, Chief Executive Officer Chai ...