ADNOC DISTRIBUTION TO ACQUIRE A 50% STAKE IN TOTAL ENERGIES’ FUEL RETAIL, AVIATION AND LUBRICANTS BUSINESS IN EGYPT
Delivering on its commitment to pursue attractive international growth, ADNOC Distribution signs an agreement to acquire a stake in a significant portfolio, which includes 240 fuel retail stations, wholesale fuel, aviation fuel and lubricants operations
c. $203 million investment is the largest in ADNOC Distribution’s history
The acquisition will accelerate ADNOC Distribution’s international growth following regional expansion in the Kingdom of Saudi Arabia in 2018
Continue reading ADNOC DISTRIBUTION TO ACQUIRE A 50% STAKE IN TOTAL ENERGIES’ FUEL RETAIL, AVIATION AND LUBRICANTS BUSINESS IN EGYPT
EPIC SHOWDOWN WITH BROCK LESNAR AND ROMAN REIGNS SET FOR SUMMERSLAM 2022 THIS WEEKEND
UNITED ARAB EMIRATES, July 29, 2022: As the match card for SummerSlam 2022 fully takes shape, the WWE Universe will see an action-packed night on Saturday, July 30, with five championships on the line.
Continue reading EPIC SHOWDOWN WITH BROCK LESNAR AND ROMAN REIGNS SET FOR SUMMERSLAM 2022 THIS WEEKEND
Saudi Maritime Congress announces dates for 2022 edition
The event, aligned with the goals set out in Saudi Vision 2030, will revolutionise the shipping and logistics sectors in the Kingdom and the GCC
Damman, Saudi Arabia – 30 July 2022: The 3rd edition of Saudi Maritime Congress, one of the Kingdom’s most influential gatherings of professionals from the maritime and logistics industry is set to make a comeback. The event is scheduled to take place in Dammam on September 28-29 2022.
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DLD Mo’asher: Q2 Marked the Highest Quarterly volume of Sales Transactions for the last decade
Highlights for Q2 2022
Continue reading DLD Mo’asher: Q2 Marked the Highest Quarterly volume of Sales Transactions for the last decade
- Q2 2022 recorded a total of 22,504 sales transactions worth AED 59.15 billion.
- Q2 2022 compared to the same quarter in 2021, the market witnessed an increase in value by 61.56 percent with an increase in sales volume by 45.86 percent.
- Q2 2022 had a total of 123,856 rental contracts of which 59.48 percent of contracts were new and 40.52 percent were renewals
- In Q2, 81.41 percent were annual contracts while 18.59 percent were non-annual contracts.
Dubai: The real estate and properties transactions valued at AED 6.8 billion in total during the week ending 29 July 2022. The sum of transactions was 2,285. 254 plots were sold for AED 1.35 billion, 1,516 apartments and villas were sold for AED 3.35 billion.
Continue reading Summary of weekly real estate transactions for the week ending 29 July 2022