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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Abu Dhabi records $2.88 billion in real estate transactions in January

The emirate recorded a 9 percent increase in non-oil foreign trade in 2024. (WAM)
  • DARI real estate platform of the Department of Municipalities and Transport in Abu Dhabi, sales transactions totaled AED 6.5 billion across 1,730 deals.
  • Meanwhile, mortgage transactions from the beginning of the year until the end of January amounted to AED3.9 billion across 756 deals.

Abu Dhabi, UAE — Abu Dhabi’s real estate market recorded AED10.6 billion in transactions in January, totaling 2,514 property deals.

According to DARI real estate platform of the Department of Municipalities and Transport in Abu Dhabi, sales transactions totaled AED6.5 billion across 1,730 deals.

Meanwhile, mortgage transactions from the beginning of the year until the end of January amounted to AED3.9 billion across 756 deals, while usufruct transactions (long-term leasehold agreements) exceeded AED230 million across 28 properties.

Based on the platform’s data, total property sales and mortgage transactions in Abu Dhabi reached approximately AED6.1 billion, spread across 1,379 transactions as 721 property sales were recorded, totaling AED2.5 billion and 658 mortgage transactions were completed, amounting to AED3.6 billion.

The emirate continues to attract significant real estate investments thanks to its business-friendly environment and investor-centric regulations, making it an increasingly sought-after market for both local and international investors.