Search Site

Trends banner

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 realty transactions worth $463m on Thursday

The Dubai real-estate market recorded total realty transactions worth over AED1.7 billion ($463 million) on Thursday. (WAM)
  • The transactions included 331 sales worth AED1.24 billion ($337.64 million), the DLD data showed
  • They are also said to have included 77 mortgage deals worth AED390.84 million ($106.42 million)

The Dubai real-estate market recorded total realty transactions worth over AED1.7 billion ($463 million) on Thursday, April 14, according to data from the Dubai Land Department (DLD).

The transactions included 331 sales worth AED1.24 billion ($337.64 million), the DLD data showed.

They are also said to have included 77 mortgage deals worth AED390.84 million ($106.42 million).

This was apparently in addition to 24 gift transactions amounting to AED79.48 million ($21.64 million).

The sales included 250 villas and apartments worth AED574.87 million ($156.53 million), according to the data.

Besides, a total of 81 plots of land worth AED662.51 million ($180.4 million) were also sold.

Meanwhile, the mortgages included 58 villas and apartments worth AED106.91 million ($29.11 million) and 19 plots of land valued at AED283.92 million ($77.31 million), according to the data.