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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

Dubai records over $762 million in realty transactions Thursday

The emirate recorded 61,000 sales real estate deals in the first half of 2023.
By Hilal Mir
January 6, 2023 4:24 pm
  • These included 516 sales transactions worth AED1.73 billion, in addition to 71 mortgage deals of AED596.74 million.
  • The sales included 455 villas and apartments worth AED1.5 billion, and 61 land plots worth AED235.09 million.

Dubai, UAE—Dubai real estate market recorded deals worth AED2.8 billion ($762 million) on Thursday, Dubai Land Department said.

These included 516 sales transactions worth AED1.73 billion, in addition to 71 mortgage deals of AED596.74 million, and 26 gift deals amounting to AED503.85 million.

The sales included 455 villas and apartments worth AED1.5 billion, and 61 land plots worth AED235.09 million. The mortgages included 63 villas and apartments worth AED537.64 million and 8 land plots valued at AED59.1 million.

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