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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.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

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)
  • 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).