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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Post-Covid UAE real estate upswing to continue

By TRENDS Desk
November 13, 2022 10:17 pm
  • In a report, real estate advisory firm JLL said that the residential sector was the highest performer “within construction asset awards”.
  • The influx of high net worth individuals to the UAE, especially Dubai, and Golden Visa have also boosted the real estate market.

Global commercial real estate services company Jones Lang LaSalle has said that UAE’s construction projects market rebounded during 2021 after Covid setbacks. In a report, JLL said that the residential sector was the highest performer “within construction asset awards”. The momentum will continue through 2022 as the real estate market in the Emirates witnessed the launch of several residential projects. The influx of high net worth individuals to the UAE, especially Dubai, and Golden Visa have also boosted the real estate market. TRENDS takes a look at these developments:

 

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