A total of 12 deals were signed with local and international companies on the second day of the exhibitions
A total of 1,416 homes are now under construction at Masaar
The Middle East is having a banner year for IPOs on the back of high oil prices, investor inflows and strong demand for share sales
The company has bought a total of four premium offshore jack-up rigs this year
The new contracts mark the second derivatives product to be introduced in the exchange
The emirate’s real estate market recorded a total of 6,652 sales transactions in May
Featuring 4,000 villas and townhouses, Masaar is divided into eight gated districts
Oil has rallied in the opening weeks of 2022 on the continued recovery in energy consumption
Oil is set for a monthly gain in October, building on six quarterly advances
Oil has more than doubled over the past 12 months as the global economy rebounded from the dislocation caused by the coronavirus pandemic
These new contracts are worth a combined $1bn
DSI is also bidding for a Dhs260m project in Kuwait and for projects valued at Dhs1.49bn in Iraq
Registration and renewal of Ejari contracts topped the list of digital services last year
The new decision, which does not apply to private sector firms, will take effect from January 1, 2024
The contracts also include the construction of a new bypass system to backup existing crude receiving stations at the Jebel Dhanna and Fujairah export terminals
The construction and engineering sector accounted for the biggest share of contracts in the first six months of the year