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Business, Economy, Video

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Post-Covid UAE real estate upswing to continue

By TRENDS Desk
November 13, 2022 10:17 pm
  • In a report, real estate advisory firm JLL said that the residential sector was the highest performer “within construction asset awards”.
  • The influx of high net worth individuals to the UAE, especially Dubai, and Golden Visa have also boosted the real estate market.

Global commercial real estate services company Jones Lang LaSalle has said that UAE’s construction projects market rebounded during 2021 after Covid setbacks. In a report, JLL said that the residential sector was the highest performer “within construction asset awards”. The momentum will continue through 2022 as the real estate market in the Emirates witnessed the launch of several residential projects. The influx of high net worth individuals to the UAE, especially Dubai, and Golden Visa have also boosted the real estate market. TRENDS takes a look at these developments:

 

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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