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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 $571 million in real estate transactions

The DLD report showed that 618 plots were sold for AED 6.19 billion, while 2,410 apartments and villas were purchased for AED 5.63 billion. (WAM)
By Hilal Mir
January 31, 2023 11:06 pm
  • The deals included 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million.
  • The sales included 451 villas and apartments worth AED1.56 billion, and 20 land plots worth AED316.57 million.

Dubai, UAE — Dubai real estate market recorded deals worth AED2.1 billion on Tuesday, Dubai Land Department said.

The deals included 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million, and 14 gift deals amounting to AED130.13 million.

The sales included 451 villas and apartments worth AED1.56 billion, and 20 land plots worth AED316.57 million.

The mortgages included 47 villas and apartments worth AED68.8 million and 23 land plots valued at AED53.56 million.

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