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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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Business
AED 430 billion is the country’s GDP during the first quarter of 2024, with a growth of 3.4%
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 …