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.
ADNOC and partners to develop mega gas project
Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA) has awarded the concession for the development and production of the Bab Gas Cap project to ADNOC and a group of international energy partners.
Bank fined AED 20 million for repeated regulatory failures
The UAE Central Bank (CBUAE) has fined a branch of a foreign bank AED 20 million for repeated failures in its anti-money laundering and counter-terrorism financing controls.
UAE announces Retail T-Sukuk subscription details
The Ministry of Finance has announced the subscription period for the UAE’s first-ever Sovereign Retail T-Sukuk Programme, offering individual investors a new government-backed investment opportunity that complies with Islamic Shariah principles.
Dubai tops global greenfield FDI rankings fifth year in a row
Dubai has topped global rankings for attracting greenfield foreign direct investment (FDI) projects for the fifth consecutive year.
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