EMart, the online portal for Dubai real estate market, has fetched Dh74.6 million ($20.3 million) in sales from its first online auction of 11 residential and commercial properties.
The portal was launched by the Dubai Land Depart
Dubai Land Department said its smart real estate portal 'eMart' has put up 17 key properties (both residential and commercial projects) across the emirate for an online auction on December 4.
A first portal of its kind in
The car lovers and collectors of the UAE and Gulf region will for the first time be able to bid for the best of the classic, luxury and unique cars - through a live simulcast auction in North Carolina (US) - at the Emirates Palace in Abu Dhabi.
Christie’s Dubai will be re-launching its watch sale next month, the only auction in this category to be held in the region, as part of their regular sale season.
Breguet, Patek Philippe, Piguet, Bulgari, Chopard, Cartier, I
Bahrain has scrapped plans to auction off fourth generation (4G) mobile frequencies and will simply grant licences to the three existing mobile operators, a report said.
The decision was taken during the weekly Cabinet meeting, ac
The Egyptian central bank sold $38.5 million to banks in a foreign currency auction on Monday, with a cut-off price of 6.8765 Egyptian pounds to the dollar.
The cut-off price at an exceptional foreign currency auction held on Sund
Egypt's central bank will hold on Sunday an exceptional foreign exchange auction for $600 million to cover strategic imports, it said in a statement.
Bids will be accepted between 1.30 and 2.00 p.m. Cairo time (1130 and 1200 G
Bahrain has halted an auction to sell radio spectrum for next-generation telecom networks after a wireless broadband operator appealed against its exclusion from the sale, delaying improvements in the kingdom's communicatio
Bahrain’s Cabinet yesterday approved an auction for fourth generation (4G) mobile telephone frequencies as part of efforts to upgrade the kingdom’s broadband infrastructure.
Minister of State for Telecommunications Affairs S
Egypt's central bank will offer $50 million to banks on Wednesday at its 18th auction of foreign exchange as well as another, previously unscheduled auction on Thursday.
The bank introduced the system of regular auctions of US