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Al Zeyoudi meets ministers, senior officials during high-level visit to Cambodia
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Al Zeyoudi meets ministers, senior officials during high-level visit to Cambodia

PHNOM PENH, 9th June, 2023 (WAM) — Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has concluded a high-level visit to Cambodia, which sought to deepen UAE-Cambodia ties, advance trade flows and explore potential investment opportunities in the Southeast Asian nation. The visit comprised a series of engagements with senior Cambodian...

Dubai records AED 9 billion in weekly real estate transactions
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Dubai records AED 9 billion in weekly real estate transactions

Fri 09-06-2023 18:50 PM DUBAI, 9th June, 2023 (WAM) – A total of 3,397 real estate and properties transactions valued at AED 9 billion were conducted during the week ending 9th June 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 204 plots were sold for AED 1.52...

Fujairah Crown Prince receives Director of Fujairah Statistics Centre
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Fujairah Crown Prince receives Director of Fujairah Statistics Centre

Fri 09-06-2023 18:20 PM FUJAIRAH, 9th June, 2023 (WAM) — H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, received, in his office in the Emiri Court, Dr. Ibrahim Saad, Director of the Fujairah Statistics Centre. During the meeting, Sheikh Mohammed reviewed updated statistics on various sectors in the emirate contained...

U.S. Homes With Mortgages See First Annual Equity Losses Since 2012
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U.S. Homes With Mortgages See First Annual Equity Losses Since 2012

Email Sign Up For Our Free Weekly Newsletter The average borrower saw home equity decline by $5,400 year over year in Q1 of 2023 Based on CoreLogic’s latest Homeowner Equity Report for the first quarter of 2023 shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw home equity decrease...

Completed U.S. Home Foreclosures Spike 38 Percent in May
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Completed U.S. Home Foreclosures Spike 38 Percent in May

Email Sign Up For Our Free Weekly Newsletter Based on ATTOM’s newly released May 2023 U.S. Foreclosure Market Report, there were a total of 35,196 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 7 percent from a month ago and up 14 percent from a year ago. “The...

Office Investment in Asia Pacific Remains Strong Despite Weaker Sentiment
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Office Investment in Asia Pacific Remains Strong Despite Weaker Sentiment

Email Sign Up For Our Free Weekly Newsletter Based on CBRE’s latest research, Asia Pacific’s office sector continues to be a resilient asset class and attractive investment opportunity in the region. CBRE further reports office investment in Asia Pacific remains resilient despite weaker sentiment, and offices remain an important investable asset class in the region....

KEZAD and Tubacex to build Middle East’s first OCTG-CRA manufacturing facility
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KEZAD and Tubacex to build Middle East’s first OCTG-CRA manufacturing facility

ABU DHABI, 9th June, 2023 (WAM) – Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated economic and industrial hub of Abu Dhabi, today announced the signing of a land lease agreement with Spain’s Tubacex Group for the development of a state -of-the-art manufacturing facility for OCTG-CRA tubular solutions, the first such manufacturing facility...

Play football, book a basketball court, and enjoy free family activities at Dubai Sports World this summer
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Play football, book a basketball court, and enjoy free family activities at Dubai Sports World this summer

Did you know that you can enjoy a variety of sports, including basketball, padel, tennis, cricket, and football, all in one convenient location? Dubai Sports World (DSW), in partnership with the Dubai Sports Council, is a state-of-the-art summer sports complex situated in the Dubai World Trade Centre (DWTC). This year marks the 13th consecutive year...