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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.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Dubai records over US$653m in realty transactions on Monday

The DLD report showed that 323 plots were sold for AED 3.33 billion, while 2,237 apartments and villas were purchased for AED 5.37 billion. (WAM)
By TRENDS Desk
September 5, 2022 9:15 pm
  • Dubai real estate market recorded 568 sales transactions worth US$373 million on Monday.
  • The sales included 503 villas and apartments worth US$283 million and 65 land plots worth US$88 million.

DUBAI, UAE – Dubai real estate market recorded 568 sales transactions worth US$373 million (AED1.37 billion) on Monday, data released by Dubai’s Land Department (DLD) showed.

Additionally 93 mortgage deals of $53 million ( AED197.58 million) and 23 gift deals amounting to $233 million (AED858.27 million), the DLD revealed.

The sales included 503 villas and apartments worth $283 million (AED1.04 billion) and 65 land plots worth $88 million (AED323.78 million).

Mortgages included 71 villas and apartments worth $44 million (AED164.78 million) and 22 land plots valued at $8.9 million (AED32.8 million), bringing the total realty transactions to over $653 million (AED2.4 billion).

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