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ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

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.

Dubai realty sector posts record sales in 2022

  • market experienced a record-breaking performance in 2022 in terms of sales, volume and value, according to media reports.
  • For luxury properties, the market registered an increase in growth by 97 percent in terms of value and 85 percent in terms of volume, reports said.

Dubai, UAE–The Dubai property market experienced a record-breaking performance in 2022 in terms of sales, volume and value, according to media reports.

For luxury properties, the market registered an increase in growth by 97 percent in terms of value and 85 percent in terms of volume, a report by real estate data portal DXBinteract.com said.

TRENDS takes a look at how the sector performed in 2022: