Search For "aed"
UAE: Dubai records over AED2.1 bn in realty transactions Monday
Updated : 2 years, 2 months ago IST
The sales included 431 villas and apartments worth AED 983.33 million, and 46 land plots worth AED 674.53 million
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Dubai records AED 5.8 billion in weekly real estate transactions
Updated : 2 years, 2 months ago IST
A total of 1,721 real estate and properties transactions valued at AED 5.8 billion were conducted during the week ending 5th January, according to the Dubai Land Department (DLD).
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UAE market cap soars as top 16 companies hit AED 2.7 trillion
Updated : 2 years, 2 months ago IST
As of January 2024, the aggregate market capitalisation of the top 16 national companies listed on local exchanges stood at AED2.7 trillion. Driven by planned market expansions and existing valuations exceeding AED 3.6 trillion, this figure is anticipated to experience significant growth, po
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UAE stocks generate over AED 1 billion cash flows Monday
Updated : 2 years, 2 months ago IST
UAE stocks generated strong cash flows Monday, with market liquidity surpassing AED1 billion. International Holding Company (IHC) and Dubai Electricity and Water Authority (DEWA) topped the market in terms of number of transactions.
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United Arab Bank successfully concludes AED 735 million, 2-year Dual Tranc
Updated : 2 years, 3 months ago IST
United Arab Bank (UAB) announced the successful conclusion of its AED 735 million, 2-year Dual Tranche Club Term Loan facility.
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AQUA Properties Unveils AED 3 Billion Project Lineup, Targeting 500+ Units
Updated : 2 years, 3 months ago IST
Dubai [UAE], December 6: AQUA Properties, a premier real estate firm in the UAE, is set to launch two groundbreaking projects in the next six months with a combined valuation of AED 3 billion, its Founder Ali Tumbi has announced.
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AED 4.7 billion deals signed on first day of Dubai Airshow 2023
Updated : 2 years, 4 months ago IST
The announcement was made during a press conference held in the presence of Zayed Saeed Al Meraikhi and Majed Ahmed Al Jaberi, the official spokespersons of Tawazun Council, for the Dubai Airshow 2023.
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UAE: ADNOC Drilling and Alpha Dhabi to establish strategic partnership
Updated : 2 years, 4 months ago IST
ADNOC Drilling Company PJSC (ADNOC Drilling) and Alpha Dhabi Holding PJSC (Alpha Dhabi) have agreed to establish a strategic investment joint venture (JV) to invest up to AED 5.5 billion (USD 1.5 billion) to acquire technology-enabled companies in the oilfield services (OFS) and energy secto
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Dubai's weeklong real estate transactions exceed AED 10.3 bn
Updated : 2 years, 4 months ago IST
The total value of real estate transactions conducted in Dubai during the week ending November 10, 2023, exceeded AED 10.3 billion, according to figures released by the Dubai Land Department (DLD).
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Empower records AED2.27 bn revenue for first nine months of 2023
Updated : 2 years, 4 months ago IST
Emirates Central Cooling Systems Corporation PJSC announced today its consolidated financial results for the third quarter of the current fiscal year, with EBITDA of AED1.07 billion and a total revenue of AED 2.27 billion for a period of nine months ending on September 30, 2023.
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DIEZ launches AED500 million venture capital fund to finance technology st
Updated : 2 years, 4 months ago IST
Under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the Dubai Integrated Economic Zones Authority (DIEZ), today announced the launch of a venture capital (VC) fund worth AED500 million.
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Hub71 welcomes 23 startups as its 13th cohort
Updated : 2 years, 4 months ago IST
Following a rigorous selection process, the successful startups will enter Hub71's new Company Building Programme and benefit from up to AED 250,000 worth of in-kind incentives and AED 250,000 in cash for equity. High-performing startups from the latest cohort will also be eligible to receiv
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