UAE

Emaar intends to offer AED 15 per share for the rest of Emaar Development

The proposed cash offer needs approval from the Emaar Properties board and would cover shares the group does not already own.

Thailand, Turkey and UAE Top Russian Demand for Overseas Property

Thailand, Turkey and the UAE remain the most sought-after destinations for Russian property buyers, while Indonesia dropped out of the top 10 due to legal risks. The median transaction budget rose 9.5% to €298,000.

ADNOC Vessels Attacked in Strait of Hormuz

Two vessels of UAE's ADNOC were attacked in the Strait of Hormuz; no casualties reported.

AZPROMO and ADIO Discuss Cooperation

AZPROMO and Abu Dhabi Investment Office held an online meeting to discuss cooperation opportunities and joint initiatives.