Dubai property market to see the addition of 62,500 new units in 2020
The number of units to be completed in Dubai this year is the highest in more than a decade...
Tag : Middle East
2030: Adnoc to cut greenhouse gas emissions by 25%
ADNOC is already among the five lowest carbon emitters in the oil and gas industry...
DEWA sets world record in saving water and electricity
DEWA recorded 1.86 minutes in electricity customer minutes lost (CML) in Dubai...
UAE records 23.64 mn telecom subscribers in 2019
The number of mobile phone subscribers reached around 18,278,817...
Mubadala mulls buying Jadwa’s healthcare assets in UAE
Mubadala is reportedly working on a deal with Rothschild...
Qatar Airways mulls buying 49% stake in RwandaAir
The carrier also wants to double its interest in LATAM Airlines Group to 20%...
Etihad’s revamp push sees the carrier sell 38 aircraft for $1 bn
The carrier will sell 22 Airbus A330s and 16 Boeing 777-300ERs to investment firm KKR and leasing firm Altavair AirFinance...
DP World handles 71.25 mn teu containers globally in 2019
The port operator handles volumes of 31.76 mn teu for APAC, 30.04 mn teu for Europe, MEA, and 9.45 mn teu for Americas and Australia...
Deposits in Saudi Arabian banks increase by 7.3% in 2019
Savings and term deposits increase by 13.2% year-on-year in 2019 to SR 501.67 bn...
Masdar to launch UAE’s first ‘sustainable’ REIT
The sustainable real estate investment trust is expected to have an initial valuation between Dh950 mn and Dh1 bn...