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Mbank signs MoU with Real Estate Regulatory Agency

ABU DHABI: Al Maryah Community Bank (Mbank) has signed a Memorandum of Understanding with the Real Estate Regulatory Agency (RERA) to become one of the few banks in the UAE to offer Escrow account services for the real estate sector.

Mbank’s introduc…

teamLab Phenomena Abu Dhabi project 70% complete

ABU DHABI: The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), Miral and teamLab have announced the completion of 70 percent of the overall development of teamLab Phenomena Abu Dhabi.

Spanning 17,000 sqm of gross floor area (GFA), the …

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