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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’s Wednesday realty transactions worth AED1.1 bn

Expo 2020 boosted Dubai’s real estate market in October.
  • The sales covered 314 villas and apartments worth AED645.92 million, and 29 land plots worth AED216.81 million
  • The mortgages included 52 villas and apartments worth AED123.74 million and 10 land plots valued at AED45.14 million

Dubai’s real estate market recorded 343 sales transactions worth AED862.73 million and mortgage deals of AED168.87 million in addition to 13 gift transactions amounting to AED72.7 million Wednesday, data released by the emirate’s Land Department (DLD) showed.

The sales covered 314 villas and apartments worth AED645.92 million, and 29 land plots worth AED216.81 million, while the mortgages included 52 villas & apartments worth AED123.74 million and 10 land plots valued at AED45.14 million, bringing the total realty transactions of Wednesday to AED1.1 bn.