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Business, Economy

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Dubai logs over $871m in realty transactions on Thursday

The mortgages included 104 villas and apartments worth US$48 million. (WAM)
By Hilal Mir
July 6, 2023 11:51 pm
  • DLD said 134 mortgage deals totaling US$73 million and 89 gift deals amounting to US$27 million.
  • The sales included 567 villas and apartments worth US501 million and land plots worth US$294 million.

DUBAI, UAE  – Dubai’s real estate market recorded 669 sales transactions worth US$792 million (AED2.91 billion) on Thursday, data released by Dubai’s Land Department (DLD) showed.

DLD said 134 mortgage deals totaling US$73 million (AED268.19 million), and 89 gift deals amounting to US$27 million (AED101.47 million).

The sales included 567 villas and apartments worth US501 million (AED1.84 billion), and 102 land plots worth US$294 million (AED1.08 billion).

The mortgages included 104 villas and apartments worth AED177.39 million and 30 land plots valued at AED90.8 million, bringing the total realty transactions of today to over AED3.2 billion.

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