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Dubai reports AED989m realty deals in one day

Dubai / WAM Dubai real estate market recorded 277 sales transactions worth AED686.28 million, in addition 90 mortgage deals of AED274.88 million, and six gift deals amounting to AED28.06 million on Tuesday, data released by the Dubai’s Land Department (DLD) showed. The sales included 252 villas and apartments worth AED513.6 million, and 25 land plots worth AED172.68 million, while mortgages ...

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Etihad Rail signs partnership deal with petchem firm Borouge

Abu Dhabi / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, witnessed the signing of the terms sheet for a strategic partnership for sustainable transportation between Etihad Rail, the developer of the UAE Railway Network, and Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, to transport 1.3 million tons of ...

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Work on teamLab Phenomena Abu Dhabi 25 percent complete

  Abu Dhabi / Gulf Time The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, announced 25% construction completion of the immersive, multi-sensory attraction teamLab Phenomena Abu Dhabi, located in the Saadiyat Cultural District. A partnership with teamLab, the globally acclaimed, interdisciplinary Tokyo-based art collective, teamLab ...

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Furniture 360 exhibition set to showcase over 250 trademarks

  Sharjah / WAM The fourth edition of the Furniture 360 exhibition, organised by the Expo Centre Sharjah (ECS) with the support of the Sharjah Chamber of Commerce and Industry (SCCI), kicks off on Tuesday lasts until December 4, offering discounts, promotions and creative ideas on a wide range of furniture and home furnishings. Over 250 major international and local ...

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Zayed University’s new centre to help promote Arabic

  Abu Dhabi / WAM Zayed University announced the launch of the Zai Centre, a pioneering new research centre focused on Arabic teaching and learning, which will be the first academic institution in the UAE to look at how Arabic is taught around the world. Led by internationally acclaimed academic Dr. Hanada Taha Thomure, Zai will identify best practice for ...

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Mubadala Health-ECA pilot program to support parents, children

  Abu Dhabi / Gulf Time Mubadala Health has announced the launch of a pilot program that supports parents across the emirate of Abu Dhabi, in collaboration with Abu Dhabi Early Childhood Authority (ECA), furthering its commitment to safeguard and support the physical and mental well-being of parents and children. This pilot program focuses on Community Awareness and Child Development ...

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EasyJet targets full capacity as slump boosts discount flights

Bloomberg EasyJet Plc said enduring demand for discounted flights should allow it to return to pre-pandemic levels of capacity by next summer, even as soaring inflation weighs on household incomes. Early bookings for the second half starting from April “look positive,” with ticket prices and occupancy for Easter stronger than a year ago, Luton, England-based EasyJet said in a statement. ...

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Tata to merge Air India with Singapore Airlines’ Vistara

  Bloomberg Tata Group will merge Air India Ltd with Vistara, which it jointly holds with Singapore Airlines Ltd, creating a behemoth in one of the world’s fastest-growing aviation markets. The deal will give Singapore Air a 25.1% stake in the merged carrier for an investment of $250 million, according to an exchange filing. Both the partners have agreed to ...

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Adani fundraising targets retail buyers, allows discount pricing

  Bloomberg Adani Enterprises Ltd, the flagship firm owned by Asia’s richest person Gautam Adani, chose a fundraising route for its $2.5 billion share sale that allows the group to woo retail investors through potentially discounted prices. The 200 billion rupee ($2.5 billion) equity sale via the further public offer mechanism gives the company maximum flexibility, including pricing at a ...

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