INSEAD Day 4 - 728x90

Business

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Dubai logs over $678m in realty transactions on Thursday

Dubai Chamber of Digital Economy attracted 69 emerging technology companies to the emirate.
By TRENDS Desk
June 16, 2023 9:01 am
  • The sales transactions consisted of 557 villas and apartments worth $449.6 million and 47 land plots worth $117.7 million
  • As for the mortgage deals, 94 villas and apartments were involved, with a value of $67.8 million, along with 12 land plots valued at $23.7 million

Dubai, UAE – Dubai witnessed 604 sales transactions totaling AED2.1 billion ($567.8 million) on Thursday in addition to 106 mortgage deals amounting to AED337.09 million ($91.5 million) and 32 gift deals amounting to AED158.95 million ($43.2 million).

The sales transactions consisted of 557 villas and apartments worth AED1.66 billion ($449.6 million) and 47 land plots worth AED433.96 million ($117.7 million).

As for the mortgage deals, 94 villas and apartments were involved, with a total value of AED249.85 million ($67.8 million), along with 12 land plots valued at AED87.24 million ($23.7 million).

Overall, the total realty transactions on that day surpassed AED2.5 billion ($678 million).

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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