News - Page 21

News

Salik Stock Analysis: Technical Trends, Market Signals, and Future Projections

Salik Stock Overview Technical Analysis 1. General Trend Analysis 2. Support and Resistance Levels 3. Technical Indicators A. Moving Averages B. Relative Strength Index (RSI) C. Trading Volume Analysis D. Other Indicators Future Predictions 1. Possible Bullish Scenario 2. Possible Bearish Scenario

March 20, 2025

News·Real Estate

Fairmont Residences Al Marjan Island to Launch Sales in Ras Al Khaimah on June 1, Starting from $680,000

Ras Al Khaimah continues to attract global investor interest as Ardee Developments, in partnership with Fairmont Hotels and Resorts, announces the launch of Fairmont Residences Al Marjan Island — a premium branded residential project set on one of the UAE’s most scenic

May 16, 2025

Artificial Intelligence (AI)·News

UAE and USA Launch the Largest AI Complex Outside the United States

The United Arab Emirates and the United States of America have announced the launch of the UAE-US Artificial Intelligence Complex, with a capacity of 5 gigawatts—marking the largest project of its kind outside the United States. This initiative aims to strengthen bilateral

May 16, 2025

Business·International·News

DP World Plans to Develop Tartous Port (Syria) in $800 Million Deal

In a strategic move to modernize its ports and logistics sector, Syria’s General Authority for Land and Maritime Borders announced the signing of a Memorandum of Understanding with DP World, worth $800 million USD (approximately AED 2.9 billion). The agreement paves the

May 16, 2025

Business·News·Real Estate

Sobha Realty Secures $500M Sukuk & Launches Innovative App

Sobha Realty has made headlines this week with two key announcements: a $500 million sukuk issuance and the launch of a new brand film for its ONE Sobha App, reinforcing its focus on financial growth and digital innovation. The sukuk, issued under

May 15, 2025

Artificial Intelligence (AI)·News

Strategic Tech Partnership: U.S. May Approve UAE’s Acquisition of 1 Million NVIDIA AI Chips

In a significant shift in the U.S. technological export policy toward the Middle East, sources have revealed that Washington is currently considering allowing the United Arab Emirates to import over one million advanced chips from U.S.-based tech giant NVIDIA, a global leader

May 14, 2025

News·Real Estate

Strategic Partnership Between Shory and Dubai Land Department to Offer Digital Home Insurance

In a strategic move aimed at enhancing innovation within Dubai’s real estate sector, Shory, a leading insurtech company, has signed a Memorandum of Understanding with the Dubai Land Department (DLD) to provide seamless digital home insurance solutions for residents of the emirate.

May 14, 2025

Artificial Intelligence (AI)·News

Strategic Partnership Between G42 and Cisco to Enhance Global AI Infrastructure

In a move that reflects the UAE’s commitment to strengthening its position as a global hub for artificial intelligence, Abu Dhabi-based tech leader G42 has announced the signing of a Memorandum of Understanding (MoU) with Cisco, the global giant in networking and

May 14, 2025

News·Real Estate

Deyaar Development: Strong Q1 2025 Results Drive Real Estate Momentum in Dubai

The financial results of Deyaar Development PJSC for the first quarter of 2025 revealed a remarkable performance, reflecting the strength of its investment strategy and its calculated expansion in the UAE real estate market—particularly in Dubai. The company recorded revenues of AED

May 14, 2025

News·Real Estate

Aldar Sells “Mamsha Gardens” Project for AED 586 Million to Gao Capital Partners

Aldar Properties has announced a new strategic deal involving the sale of a residential building within the “Mamsha Gardens” development on Abu Dhabi’s Saadiyat Island to Gao Capital Partners, for a total value of AED 586 million. This move aligns with Aldar’s

May 13, 2025

IPOs·News

“Dubai Residential REIT” – The First Listed Housing REIT in the Gulf Sets IPO Price Range

Dubai Holding has announced the price range for the initial public offering (IPO) of its residential real estate investment trust, “Dubai Residential REIT,” on the Dubai Financial Market, set between AED 1.07 and AED 1.10 per unit. The REIT aims to raise

May 13, 2025

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News - Page 21