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In the first quarter of 2024, real estate sales in Dubai increased by 13%

In the first quarter of 2024, real estate sales in Dubai increased by 13%

April 24, 2024

According to the Property Finder portal, in the first quarter of 2024, more than 36 thousand real estate purchase and sale transactions worth more than 100 billion dirhams ($27.39 billion) were carried out in Dubai. Compared to last year, sales increased by 13%. Experts assume that by the end of 2024, the growth trend will continue due to the competent policy of the UAE authorities, constantly improving infrastructure, flexible conditions for foreign investors and steadily growing demand for rental housing.

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September 23, 2024

Türkiye increases purchases of Western LNG: new contract with TotalEnergies.

Turkey s state-owned energy company Botas has signed a new long-term contract with France s TotalEnergies for the supply of 16 cargoes of liquefied natural gas (LNG) per year. The agreement will come into force in 2027 and is designed for 10 years, providing Turkey with an additional 1.6 billion cubic meters of gas annually.
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September 23, 2024

TOP countries for wind power generation: Türkiye in the TOP-15.

Amid the global shift to renewable energy, countries around the world are rapidly expanding their wind power industries. According to the latest data, China holds a solid lead with an installed wind turbine capacity of 441,895 megawatts.
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September 2, 2024

Turkey's Finance Ministry to Reveal Names of Major Tax Debtors

Finance and Treasury Minister Mehmet Simsek said the names of taxpayers with tax arrears and fines of 5 million lira or more will be made public. Those who do not want to be on the list of "tax debtors" will have to pay off their debts by the end of September 2024. Taxpayers from earthquake-hit areas will be excluded from the measure.
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September 2, 2024

Turkey's economic growth in the second quarter of 2024

Turkey's Federal Statistical Office reported that the country's economy grew by 2.5% in the second quarter of 2024. Significant growth was recorded in the services sector (7.4%) and construction (6.5%).
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