Dubai’s real estate registers the best performance in eight years
Official figures mention that Dubai saw 5,352 sales transactions worth $3.57 bn
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ADNOC expands in 19 countries and establishes its presence in Africa
It signed two new distributors for ADNOC Voyager lubricant in Angola and the Democratic Republic of the Congo
Singapore’s general insurance market to value $4.2 bn by 2025
This growth also represents the compound annual growth rate of 5%
Cairo-based fintech company Hollydesk raises $325k to expand its business
The funding round was led by Faisal Abdel Salam
ADQ and Alpha Dhabi invest $375 mn in OCI’s methanol business
The UAE companies will receive a 15 percent stake in the OCI Methanol Group
Mater Dei strikes a $55 mn deal to buy hospitals in Minas Gerais
It has acquired Hospital Santa Genoveva and medical lab Centro de Tomografia Computadorizada Uberlandia
Singapore-based BNPL firm Pace raises $40 mn to expand its business
Currently, Pace operates in Singapore, Malaysia, Hong Kong and Thailand
3air to solve Africa’s broadband problems by leveraging blockchain technology
The company will use an ISP platform built on Cardano to provide internet to the remote regions in Africa
Palm Hills plans to invest $242 mn by 2022
Real estate prices in Egypt is expected to increase by 10-12% in 2022
Oil prices drop by 3% since October over supply release expectations
Brent crude stands at $78.32 per barrel