Author: Arabian Media staff
Mold trying to fester in the nooks and crannies of your residence is bad enough when you’re home and can take steps to prevent it. But what if you’re headed off on vacation and your home is located in a warm, humid state where mold is a chronic problem? Should you leave the air conditioning on while you’re away to try to contain the issue? Your homeowners’ insurance may not cover mold remediation if you don’t take action to mitigate its growth. Key Takeaways A humidity level of 70% or more will trigger mold growth. If you live in Florida,…
Image: Supplied PRYPCO Mortgage has facilitated one of the Middle East’s largest single-ticket retail mortgages, valued at Dhs94.5m, in a transaction ranking among the top three mortgage deals in Dubai’s real estate market over the past five years. The transaction also lists among the top three mortgage deals in Dubai’s real estate market over the past five years, the company said in a statement. Since its inception, PRYPCO Mortgage has arranged Dhs 9.67bn in mortgage deals up to June, positioning itself among the fastest-growing mortgage platforms in the region. “This transaction reflects the trust investors are placing not only in…
Q Mobility, a subsidiary of Abu Dhabi holding company ADQ, has signed an agreement with Khalifa Economic Zones Abu Dhabi (KEZAD Group) to develop and operate parking infrastructure across KEZAD Mussafah, including an 84,000 square metre truck-parking facility. Under the agreement, Q Mobility will manage the truck-parking site in ICAD I – KEZAD Mussafah, aimed at easing congestion and improving traffic flow in one of the UAE’s busiest industrial areas. The company will also oversee on-street parking across ICAD I, II and III, as well as Rahayel Automotive City. Aimed at integrating KEZAD’s parking facilities The initiative is intended to…
Image: Supplied Abu Dhabi’s Mubadala Energy has completed a strategic investment in US natural gas through a partnership with private equity firm Kimmeridge, taking a 24.1 per cent stake in the newly rebranded Caturus, formerly SoTex HoldCo. Caturus is developing an integrated US natural gas and liquefied natural gas (LNG) export platform, combining upstream operations under Caturus Energy — previously Kimmeridge Texas Gas — with Commonwealth LNG, a planned 9.5 million tonnes per annum export terminal near Cameron, Louisiana. Commonwealth LNG has appointed Technip Energies for engineering, procurement and construction work and expects a final investment decision later this year.…
Image: Supplied The UAE and Russia signed a Trade in Services and Investment Agreement (TISIA) on the sidelines of the visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan to Moscow, aimed at deepening bilateral economic ties. The agreement was signed by UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi and Russian Minister of Economic Development Maxim Reshetnikov. It will complement the UAE’s existing Economic Partnership Agreement (EPA) with the Eurasian Economic Union, which covers goods, by providing a bilateral framework with Russia focused on services and investment. UAE-Russia non-oil trade on the rise The UAE’s non-oil…
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Image courtesy: Dubai Media Office With less than 100 days to go until the Dubai T100 triathlon returns to the UAE, one of the nation’s most accomplished endurance athletes, Ghani Souleymane, is set to begin a remarkable challenge: 100 consecutive 100km triathlons in 100 days, culminating in his final race at the Dubai T100 on November 16. Starting Friday at Kite Beach, Souleymane’s effort will serve as an official Guinness World Record attempt and aims to raise funds for children affected by conflict. Each daily triathlon will match the official T100 race format – a 2km swim, 80km bike, and…
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