December 14th, 2018 | 0 commentsThe UAE has welcomed the political progress on Yemen, including the status of Hodeidah, reached during the Sweden Consultations. Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, said on Thursday that there was "encouraging news" from Sweden, adding that important political progress had been made, including on the sta...
December 14th, 2018 | 0 commentsThe Federal National Council, FNC, Parliamentary Division will participate in the 24th edition of the meetings of the Inter-Arab Parliamentary Union Executive Committee, which will be held tomorrow in Cairo. It will also participate in the meeting of the "Special Committee of the Legal Team of the Executive Committee" tomorrow. The divisi...
December 14th, 2018 | 0 commentsThe Abu Dhabi Securities Exchange (ADX) closed Thursday’s trading session in the green, recording the highest liquidity since 2016, supported by the growth of the energy and real estate sectors. The general index increased by 23.97 points, or 0.50%, to finish the last session of the week at 4,864.54 points. The ADX’s trading volume reache...
December 14th, 2018 | 0 commentsThe project also has downsized the number of residents it aims to accommodate to 50,000 instead of 200,000, Solidere International COO Oussama Kabbani said. He added that the delay and reduction in unites come due to falling property prices throughout the UAE, which led the real estate firm to offer relaxed payment plans for the project l...
December 14th, 2018 | 0 commentsOriental Pearls, a Chinese real estate developer operating in the UAE, has unveiled its Tonino Lamborghini Residences Dubai project. The 4.6 million sq ft development will add nearly 8,000 premium freehold apartments in Meydan, the company said in a statement without saying when the project would be completed. The unveiling comes after Or...
December 14th, 2018 | 0 commentsThe United Arab Emirates, a key ally of Yemen's government in a Saudi-led coalition fighting the Huthi rebels, on Thursday welcomed a UN-brokered ceasefire for the battleground port city of Hodeida. "We welcome the (truce) accord reached in Sweden," UAE Minister of State for Foreign Affairs Anwar Gargash said on Twitter. He attributed the...
December 14th, 2018 | 0 commentsThe Abu Dhabi Securities Exchange (ADX) closed the week ended 13 December in negative territory, dragged by the fall of the banks and energy sectors. The energy sector topped the ADX’s decliners falling 3.19% as Dana Gas and Abu Dhabi National Energy (TAQA) went down 4.30% and 3.96%, respectively. Similarly, the banks sector plunged 0.53%...
December 13th, 2018 | 0 commentsThe President of Niger, Mahamadou Issoufou visited on Wednesday Wahat Al Karama, Abu Dhabi’s national and cultural landmark designed to commemorate the sacrifices and heroic deeds of UAE martyrs to defend their homeland and protect its achievements. Upon arrival, President Issoufou was welcomed by Sheikh Khalifa bin Tahnoun Al Nahyan, Exe...
December 13th, 2018 | 0 comments- President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has sent a cable of condolences to King Hamad bin Isa Al Khalifa of Bahrain, on the death of Sheikha Noora bint Isa bin Salman Al Khalifa. His Highness Sheikh Khalifa bin Zayed prayed to Allah the Almighty to rest the soul of the deceased in Paradise. His Highness Sheikh Mohamme...
December 13th, 2018 | 0 commentsDanube Properties on Wednesday announced that it has awarded an AED190m contract to Dubai-based civil construction company RAQ Contracting for implementing the main construction works of Bayz. Located in Dubai’s upscale Business Bay, the AED 450 million Bayz project offers 456 fully-furnished apartments, including studio, one- and two-bed...
