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Month: August 2022

Posted on 25/08/2022

Aldar Properties launch $313 million Yas Park Gate project in Abu Dhabi’s Yas Island

The residential development project will feature 508 new homes spanning over 255,000 sqm Aldar Properties launch $313 million Yas Park Gate project in Abu Dhabi’s Yas Island Abu Dhabi, Construction, Y …

Posted on 25/08/2022

Dubai property deals reached $5.7bln in July

The number of deals is the highest for the month of July in the past decade. Property deals in July also posted a 63.56% year-on-year (YoY) increase in terms of volume and 88.41% in terms of value.

Posted on 25/08/2022

A Dubai firm has already created a ‘salesman’ for Metaverse

SEQ Souq comes up with a salesperson avatar for Metaverse Dubai: UAE-based entities have bought real estate on the Metaverse, and have launched or helped with ecommerce possibilities in the ‘parallel …

Posted on 25/08/2022

A Dubai firm has already created a ‘salesman’ for Metaverse

SEQ Souq comes up with a salesperson avatar for Metaverse Dubai: UAE-based entities have bought real estate on the Metaverse, and have launched or helped with ecommerce possibilities in the ‘parallel …

Posted on 25/08/2022

Moza Al Otaiba praised the support and encouragement of the UAE wise leadership

Moza Saeed Bin Ahmed Al Otaiba, Founder and President of Al Otaiba Inmaa Group, said that the Emirati Women’s Day is a celebration of their success in various fields and sectors. She praised the …

Posted on 25/08/2022

UAE listed national companies’ assets rise 10 percent in first half of 2022, hitting $1.3 trillion

The banking sector was the leading contributor, with 17 banks accounting for 69 percent of total assets UAE listed national companies’ assets rise 10 percent in first half of 2022, hitting $1.3 …
( read original story …)


Posted on 25/08/2022

Jumeirah Beach Road named one of the world’s coolest streets

Dubai’s Jumeirah Beach Road has earned a place in the list of the 33 coolest streets in the world and we cannot say we are surprised …

Posted on 25/08/2022

Hong Kong defeat UAE to qualify for Asia Cup; join India, Pakistan in Group A

After defeating the United Arab Emirates (UAE) by eight wickets at the Al Amerat Cricket Stadium in Muscat, Hong Kong earned a spot in the main Asia Cup …

Posted on 25/08/2022

Aldar Launches Yas Park Gate on the Doorstep of a First of Its Kind Family Park in Abu Dhabi

Aldar Properties (‘Aldar’) has announced the launch of Yas Park Gate, its latest gated community which will be located on the doorstep of Yas Park, a fi …

Posted on 25/08/2022

Aldar Launches Yas Park Gate on the Doorstep of a First of Its Kind Family Park in Abu Dhabi

Aldar Properties (‘Aldar’) has announced the launch of Yas Park Gate, its latest gated community which will be located on the doorstep of Yas Park, a fi …

Posted on 25/08/2022

Jewel developer buys back apartment from Abu Dhabi Sultan for $770,000 less than he paid

The developer of the $1.4bn Jewel project hasn’t sold any apartments in almost two years, but this month it bought one.

Posted on 25/08/2022

Dubai’s Emaar Properties to allow 100% foreign ownership

The Emaar stock has been recording high volumes in recent days – at the time of the Dubai Holding deal, the stock had come under pressure. Then, there was a partial bounce after …

Posted on 25/08/2022

etisalat by e& enables UAE PASS login on app, portal

Etisalat UAE, branded as etisalat by e&, has announced the integration of the UAE PASS login on the ‘My Etisalat UAE’ app and portal (etisalat.ae), enabling subscribers to log in with their secure …

Posted on 25/08/2022

e& waiting for regulatory approvals to increase stake in Mobily to 50% +1 share

Hatem Dowidar, Group CEO at e Abu Dhabi-listed telecom operator e (formerly Etisalat Group)seeks to raise its holding in Etihad Etisalat Co.

Posted on 25/08/2022

Inflation hits Dubai’s karak tea, a beloved national staple

Karak is informally the national drink of the United Arab Emirates, long priced at just 1 dirham, a bit less than 30 U.S. cents.

Posted on 25/08/2022

Emaar plans to remove minimum shareholding for UAE and GCC Nationals

The Emaar stock has been recording high volumes in recent days – at the time of the Dubai Holding deal, the stock had come under pressure. Then, there was a partial bounce after …
( read original story …)


Posted on 25/08/2022

Aggregate Q2 net profit of top 10 UAE banks climbs 24% on interest income boost

The cumulative net income for the three months to the end of June climbed to Dh12.6 billion ($3.43bn), the consultancy said in its UAE Banking Pulse report on Wednesday. Total net interest income for …
( read original story …)


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