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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Dubai records over $544 million in realty transactions

Bitay offers AEDD, a stable coin pegged to the AED. (WAM)
By Hilal Mir
February 17, 2023 2:52 pm
  • The deals included 475 sales transactions worth AED1.38 billion.
  • The sales included 412 villas and apartments worth AED1.06 billion.

Dubai, UAE– Dubai real estate market has recorded deals worth AED2 billion ($544 million) on Thursday, according to Dubai Land Department.

The deals included 475 sales transactions worth AED1.38 billion, in addition to 101 mortgage deals of AED491.51 million, and 56 gift deals amounting to AED141.96 million on Thursday.

The sales included 412 villas and apartments worth AED1.06 billion, and 63 land plots worth AED325.15 million. The mortgages included 86 villas and apartments worth AED436.34 million and 15 land plots valued at AED55.18 million.

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