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.
UAE and Costa Rica sign economic partnership deal
The UAE and Costa Rica have signed a Comprehensive Economic Partnership Agreement (CEPA) to improve bilateral trade and investment ties, President His Highness Sheikh Mohammed bin Zayed Al Nahyan said on Thursday.
Dubai-based Telegram app to hit 1 billion users 'within a year'
The Telegram messaging app, one of the most popular social media platforms, will likely cross one billion active monthly users within a year as it is spreading like "forest fire", its billionaire founder Pavel Durov said on Tuesday.
Microsoft invests $1.5 billion in Abu Dhabi AI company G42
G42, the leading UAE-based artificial intelligence (AI) technology holding company, has announced a $1.5 billion investment from Microsoft to strengthen it's expansion into new markets across the globe.
Spinneys announces intention to float on Dubai Financial Market
Spinneys Holding has announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market.
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