Real estate transactions in Sharjah amounted to AED 3.6 billion in the first quarter of this year.
During this period, there were 729 sales transactions, more than 500 of which were residential.
Officials say the government’s incentives have had an effect, including a three-month exemption from annual fees for economic establishments.
The emirate’s Real Estate Registration Department recorded up to 18,537 transactions from 129 areas.
Qantas to pay AED 290 million to settle flight cancellation case
Qantas Airways has agreed to pay AED 290 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already cancelled flights, in an attempt to end a reputational crisis that has engulfed the airline.
Warren Buffett's Berkshire Hathaway posts record operating profit
Warren Buffett's Berkshire Hathaway Inc posted a record quarterly profit on Saturday, bolstered by a significant increase in income from insurance underwriting.
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.
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