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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

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.

Dubai real estate market records deals worth $408 million

By Hilal Mir
January 24, 2023 9:59 pm
  • The deals included 520 sales transactions worth AED1.22 billion, in addition to 72 mortgage deals of AED216.8 million.
  • The sales included 440 villas and apartments worth AED902.79 million, and 80 land plots worth AED321.11 million.

Dubai, UAE–Dubai real estate market recorded deals worth AED1.5 billion ($408 million) on Tuesday, Dubai Land Department said.

The deals included 520 sales transactions worth AED1.22 billion, in addition to 72 mortgage deals of AED216.8 million, and 15 gift deals amounting to AED98.13 million.

The sales included 440 villas and apartments worth AED902.79 million, and 80 land plots worth AED321.11 million.

The mortgages included 63 villas and apartments worth AED187.39 million and 9 land plots valued at AED29.41 million.

Last year, Dubai real estate sector witnessed strong performance. Watch this video explainer: Dubai realty sector posts record sales in 2022

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