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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 real estate deals worth $1.03bn in two days

Dubai Chamber of Digital Economy attracted 69 emerging technology companies to the emirate.
  • On Friday, deals worth AED1.1 billion ($299 million) on Friday, according to the data released by Dubai's Land Department.
  • The sales on Thursday included 388 villas and apartments worth AED791.15 billion, and 55 land plots worth AED236.4 million.

Dubai, UAE — Dubai’s real estate market recorded real estate transactions worth AED1.1 billion ($299 million) on Friday, according to the data released by Dubai’s Land Department.

The transactions included 335 sales worth AED916.36 million on Friday, in addition to 61 mortgage deals totaling AED214.37 million, and four gift deals amounting to AED11.56 million.

The sales included 289 villas and apartments worth AED713.65 million, and 46 land plots worth AED202.71 million.

The mortgages included 50 villas and apartments worth AED96.77 million and 11 land plots valued at AED117.6 million.

On Thursday, the emirate recorded real estate deals worth AED2.7 billion, including 443 sales transactions worth AED1.03 billion, in addition to 75 mortgage deals of AED296.21 million, and 10 gift deals amounting to AED26.07 million.

The sales included 388 villas and apartments worth AED791.15 billion, and 55 land plots worth AED236.4 million.

The mortgages included 76 villas and apartments worth AED867.94 million and 12 land plots valued at AED89.08 million.