Property sales in Dubai surge in November, hitting 11-year high
5,051 property sales were recorded in November, a 5.8 percent increase from October...
Tag : UAE
Emirates flies to Mexico after legal battle
The carrier will fly to Mexico through Barcelona...
AquaChemie to develop $40 mn chemical terminal in UAE
To be developed at Jebel Ali Port in Dubai, the facility will serve as a strategic gateway to facilitate chemical trade across GCC...
UAE to see higher growth due to greater spending
The UAE’s economy is projected to grow by 2.3% in 2019, according to its central bank...
Aramco-Adnoc refinery in India to cost 2X of estimated price
The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn...
Abu Dhabi mulls over $1.5 bn Aramco investment
The investment will be made through Abu Dhabi’s state-owned entities...
Dubai Islamic Bank, Noor Bank agree to share-swap deal
One share in Dubai Islamic Bank will be swapped for 5.49 shares in Noor Bank...
Emirates buys 30 Dreamliner worth $8.8 bn from Boeing
The delivery process will start in 2023 and continue for the next five years...
Saudi Aramco lures investors in Dubai for IPO
The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia...
DP World’s $520 mn Sokhna port expansion nears completion
The expansion will take DP World’s total investment in Egypt to $1.6 bn...