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Business

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.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Real estate transactions worth $390m recorded Tuesday in Dubai

The mortgages included 81 villas, apartments and 26 land plots. (WAM)
By TRENDS Desk
November 15, 2022 10:52 pm
  • The transactions included 553 sales transactions worth AED1.43 billion, 107 mortgage deals valued at  AED387.11 million and 12 gift deals amounting to AED43.73 million.
  • The sales included 508 villas and apartments worth AED1.09 billion and 45 land plots worth AED341.04 million.

Dubai, UAE — Dubai real estate market recorded transactions worth AED1.8 billion ($490 million) on Tuesday, Dubai Land Department said.

The transactions included 553 sales transactions worth AED1.43 billion, 107 mortgage deals valued at  AED387.11 million and 12 gift deals amounting to AED43.73 million.

The sales included 508 villas and apartments worth AED1.09 billion, and 45 land plots worth AED341.04 million.

Mortgages included 81 villas and apartments worth AED331.43 million and 26 land plots valued at AED55.68 million.

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INSEAD Day 4- 300x600
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