INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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.