Masdar acquires Spain’s Saita for AED 5 billion
Abu Dhabi Future Energy Company (Masdar) announced its acquisition of Spain’s Saita Yield from Brookfield Renewables for an estimated value of AED 5 billion ($1.4 billion). The deal is subject…
Abu Dhabi Future Energy Company (Masdar) announced its acquisition of Spain’s Saita Yield from Brookfield Renewables for an estimated value of AED 5 billion ($1.4 billion). The deal is subject…
Dubai’s real estate market recorded sales worth AED 10.01 billion last week, after 4,240 transactions were executed, with significant growth in demand. A monitoring by “Emirates Today” based on data…
Local stock markets added about AED 110 billion to their market capitalization during the 15 trading sessions since the beginning of September, supported by traders’ focus on leading stocks. The…
His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has launched a new strategic partnership between…
Banks’ income from the interest margin imposed on various financings reached a record level during the first half of this year, reaching 52 billion dirhams, compared to 47 billion dirhams…
Dubai continues to strengthen its global appeal as one of the most dynamic and in-demand residential real estate markets, according to a report issued by Metropolitan Homes, a subsidiary of…
A survey conducted by “Emirates Today”, based on data from the Dubai Land and Property Department, showed that real estate transactions in the emirate recorded about 26.9 billion dirhams since…
Real estate transactions in the Dubai market recorded 2.7 billion dirhams on Thursday, resulting from 1,138 procedures, according to data from Dubai REST. The value of sales reached AED 1.87…
Banks operating in the country granted individuals financing worth 9.4 billion dirhams during last June alone, which represents an exceptional leap since before 2008. These financings include personal loans, credit…
Abdullah bin Touq Al Marri, Minister of Economy, said that the initial estimates of the UAE’s gross domestic product during the first quarter of 2024, issued by the Federal Competitiveness…