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LATEST NEWS

ADFD allocates Dh67 million to healthcare projects in Hadhramaut in Yemen

25/06/2018
Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the Emirates Red Crescent (ERC) signed a Memorandum of Understanding (MoU) to manage the Dh67million ($18.3 million) UAE government grant aimed to support the healthcare sector in Hadhramaut Governorate in Yemen.

UAE launches first-ever World Tolerance Summit to promote diversity through innovation

25/06/2018
The International Institute for Tolerance part of Mohammed Bin Rashid Al Maktoum Global Initiatives, has announced the launch of a bold initiative, World Tolerance Summit – a two-day mega conference – to be held at the Armani Hotel, Dubai, from November 15 to 16, 2018, to coincide with the International Day of Tolerance on November 16.

Dubai-based KEF Infra merges with US conglomerate Katerra to create $3.75 billion global business

25/06/2018
Gulf Property Report Dubai-based KEF Infra, part of the KEF Holdings owned by Non-Resident Indian billionaire Faizal E. Kottikollon, has merged with Katerra, a US-based family-owned construction technology business to create a US$3.75 billion conglomerate with US$8.5 billion order book.

IREIS 2018 to host realty heavyweights, attract buying-selling at spot

21/06/2018
UAE-based International Real Estate and Investment Show (IREIS) is set to bring the biggest local and international names in the real estate and property investment industry to the UAE’s capital. Scheduled to be held at the Abu Dhabi National Exhibition Centre(ADNEC) from November 1st to 3rd, 2018, the show will be a one-stop shop for global investors who seek real estate investment opportunities in the UAE.

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Global real estate investment grows 15% to $165bn in Q1, 2018
Global real estate transaction volumes for the first quarter of 2018 came in at US$165 billion, 15 percent higher than the same period last year, with activity underpinned by favourable macro-economic trends in the world’s major economies, according to a latest report by Jones Lang LaSalle (JLL), a global real estate advisory. Read More...
$49 billion worth of airport projects to help GCC aviation sector fly high, BNC report shows
The GCC aviation sector will continue to ride high due to large airport construction projects with estimated total value of 95 listed projects reaching US$49 billion (Dh180 billion) in May 2018, according to BNC Network, the largest project intelligence provider in the MENA region. Read More...
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