Real estate transactions reached AED24.2 billion last year in Sharjah.
That's according to the annual report by the Sharjah Real Estate Registration Department (SRERD), which revealed that this is a 7.3 per cent increase in comparison to 2018.
More than 61,300 transactions were recorded in 2019, increasing by 13.4 percent in comparison to the year before.
Statistics also show that most of the city's real estate took place in Muwaileh Commercial, Al Khan, Al Nahda and Hoshi areas.
UAE, Uzbekistan sign digital infrastructure deal
The Ministry of Investment of the UAE and the Ministry of Digital Technologies of the Republic of Uzbekistan have signed an investment memorandum, establishing a framework for investment cooperation in digital infrastructure with a focus on data centre and artificial intelligence projects in Uzbekistan.
TECOM Group profit increases 15% on record high occupancy levels
Dubai's TECOM Group has announced a 15 per cent year-on year (YoY) growth in net profit to AED 293 million for the three month period ended March 31, 2024.
Sony and Apollo submit $26 billion Paramount offer, WSJ reports
Sony Pictures Entertainment (SPE) and Apollo Global Management APO.N have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported.
UAE, Iran expand cooperation in additional sectors
The UAE and Iran have explored ways to expand economic cooperation in sectors such as tourism, transport, entrepreneurship and renewable energy.
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
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The super-star and multi-award-winning singer-songwriter, Jason Derulo is bringing the heat to Dubai.
