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Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

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: