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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

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.
  • Real estate transactions in five UAE emirates reach $65 billion in Q1

    Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65 billion) in the first quarter of 2025, underpinned by investor confidence, flexible regulations, and expanding project pipelines, official data showed. More than 94,719 sales, purchase, and mortgage deals were recorded...
  • Real estate transactions worth $390m recorded Tuesday in Dubai

    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...
  • UAE capital records real estate deals worth $5.72 billion in third quarter

    Abu Dhabi, UAE--- Abu Dhabi's real estate market recorded a total of 4,441 transactions amounting to over AED 21.04 billion ($5.72 billion) in the third quarter, according to the latest report published by the Department of Municipalities and Transport (DMT). The DMT's quarterly showed that the emirate recorded 1,995 real...
  • Post-Covid UAE real estate upswing to continue

    A high number of residential and commercial units delivered in 2022 means tenant retention will become more critical, and rental rates across all major assets are expected to rise.
  • Villas, apartments form major chunk of $598m Dubai realty deals Tuesday

    Dubai, UAE---Dubai real estate market recorded realty deals worth AED2.2 billion ($598 million) on Tuesday, according to the data by the Dubai Land Department. The deals include 544 sales transactions worth AED1.64 billion, in addition to 78 mortgage deals of AED590.54 million. The sales included 444 villas and apartments worth AED1.01...
  • Villas and apartments worth $479 million sold in Dubai on Thursday

    Dubai, UAE---Dubai real estate market recorded transactions worth AED2.4 billion ($653 million) on Thursday, according to Dubai Land Department. A total of 842 sales transactions worth AED1.96 billion, in addition to 112 mortgage deals of AED487.55 million, and 17 gift deals amounting to AED30.97 billion were recorded during the day....
  • Residential properties in UAE remain key attraction for international real estate investors

    Experts attribute the main reasons for the increase in the real estate demand to the UAE government's numerous initiatives and the high income level of investors.
  • Major Saudi Arabian cities witness strong demand for residential, office real estate

    Saudi government policies like 15 percent VAT exemption on real estate deals and affordable housing programs are boosting residential real estate.
  • Gulf indices ease as China COVID curbs hit oil prices

    Stock markets across the GCC remained less enthusiastic as oil, which fuels the region's growth, declined amidst fresh coronavirus scare.
  • Dubai real estate market records deals worth $462 million on Tuesday: DLD

    Dubai, UAE--- Dubai real estate market recorded real estate transactions worth AED1.7 billion ($462 million) on Tuesday, Dubai Land Department said. The transactions included 425 sales transactions worth AED1.32 billion, in addition to 71 mortgage deals of AED386.7 million, and 12 gift deals amounting to AED56.77 million. The sales included...
  • China fiscal deficit balloons to nearly $1trn as economy cools

    According to an analysis based on data released by Beijing's Ministry of Finance on Tuesday, the budget shortfall for all levels of government from January to September was $980 billion, almost three times the 2.6 trillion shortfall over the same period last year.
  • Dubai records $2.17 billion in weekly real estate transactions

    Dubai, UAE---A total of 2,703 real estate transactions worth AED8 billion ($2.17 billion) were conducted during the week ending 21 October, 2022, according to the Dubai Land Department (DLD). A total of 147 plots were sold for AED1.12 billion, and 2,023 apartments and villas were purchased for AED4.79 billion. The...
  • Saudi TASI plummets, UAE indices show mixed trends over the week

    The UAE stock market followed the trend of other markets worldwide and ended the week on a high note but the Saudi TASI index closed down 1.1 percent.
  • Al Awali to raise US$133m

    The Saudi developer will offer 20% of its shares on Nomu.
  • Dubai records weeklong real estate transactions worth $1.92 billion

    Dubai, UAE--- A total of 1,809 real estate transactions worth AED7.3 billion ($1.92 billion) were conducted during the week ending 7 October, 2022, according to figures released by the Dubai Land Department. A total of 98 plots were sold for AED975.52 million, and 1,711 apartments and villas were purchased for...
  • Dubai real estate market performance in Aug best in decade

    A total of 9,720 real estate sales worth $6.62 billion were recorded during the month, an increase of 69.57 percent compared to August 2021, said Moasher, which has been launched by Dubai Land Department in cooperation with Property Finder.
  • Villas and apartments worth $270 million sold in Dubai

    Dubai, UAE--Dubai real estate market recorded deals worth AED1.7 billion ($462 million) on Monday, according to Dubai Land Department. These include 498 sales transactions worth AED 1.24 billion, in addition to 80 mortgage deals of AED 444.06 million, and 12 gift deals amounting to AED65.68 million. The sales included 469...
  • Dubai’s real estate builds on AI to boost sales

    Investors and brokers are becoming more confident as the emirates's innovative systems keep tabs on the skyscrapers and the units available for housing and renting.
  • Dubai records realty transactions worth US$1.8bn in week

    A total of 2,401 real estate transactions worth US$1.8 billion (AED6.7 billion) were conducted during the week ending September 23, 2022, according to figures released by the Dubai Land Department.
  • Dubai records realty transactions worth $299 million Thursday

    Dubai, UAE-- Dubai real estate market recorded realty transactions worth AED1.1 billion ($299 million) on Thursday, Dubai Land Department said. The deals included 371 sales transactions worth AED825.36 million, in addition to 81 mortgage deals of AED231.57 million, and 18 gift deals amounting to AED48.1 million. The sales included 334...
  • Dubai realty market records realty deals worth $435m Tuesday

    Dubai, UAE--- Dubai real estate market recorded realty deals worth AED 1.6 billion ($435 million) on Tuesday, according to Dubai Land Deparment. These included 439 sales transactions worth AED1.25 billion, in addition to 66 mortgage deals of AED240.64 million, and 72 gift deals amounting to AED175.81 million. The sales included...
  • Innovations keep manufacturers going in Middle East

    More organizations in the region are trying to turn their current challenges into advantages through innovations and by improving skills to collaborate with suppliers and allies.
  • Dubai records weeklong realty transactions worth $2.49 billion

    Dubai, UAE---A total of 2,317 real estate transactions worth AED8.9 billion ($2.49 billion) were conducted during the week ending 16 September 2022, according to figures released by the Dubai Land Department. A total of 227 plots were sold for AED4.35 billion, and 1,560 apartments and villas were purchased for AED3.44...
  • Dubai records realty transactions worth $517 million: Land Department

    Dubai, UAE--- Dubai real estate market recorded 344 sales transactions worth AED1.77 billion ($481 million), in addition to 67 mortgage deals of AED115.99 million, and 48 gift deals amounting to AED63.51 million on Tuesday, data released by Dubai's Land Department (DLD) showed. The sales included 286 villas and apartments worth...
  • GCC banks cash in on high deposits, rising oil prices

    Rising oil prices, which have proved to be a windfall for governments and companies in the upstream sector, has strengthened balance sheets of the region's banking sector.
  • Oil and gas sector fuels demand for industrial space in Dubai

    Ecommerce operators, who have seen an acceleration in activity post the onset of the pandemic, have further expanded their operations.
  • Dubai records over US$653m in realty transactions on Monday

    DUBAI, UAE - Dubai real estate market recorded 568 sales transactions worth US$373 million (AED1.37 billion) on Monday, data released by Dubai's Land Department (DLD) showed. Additionally 93 mortgage deals of $53 million ( AED197.58 million) and 23 gift deals amounting to $233 million (AED858.27 million), the DLD revealed. The...
  • Saudi PIF launches new company to digitize real estate sector

    The Public Investment Fund has launched a new company aiming to digitize and develop the local real estate sector through a comprehensive digital platform.
  • Saudi’s investment funds’ assets fall by 11 percent in Q2

    Investment funds hold both local and foreign assets.
  • Gen Z changes rules of the game for realty sector

    Property developers are imitating their peers in retail and hospitality and catering to the tech savvy Gen Z tenants and homeowners with more personalized products and services.
  • Dubai records weeklong real estate transactions worth $2 billion

    Dubai, UAE--Dubai's real estate market recorded a total of 2.593 transactions worth AED7.4 billion ($2 billion) during the week ending Friday, according to statistics from the Dubai Land Department. The statistics showed that 320 plots were sold for AED1.75 billion, and 1,720 apartments and villas were sold for AED3.55 billion....
  • Weeklong real estate deals worth $2.3 billion recorded in Dubai

    Dubai recorded a total of 2,739 transactions with a combined value of AED8.4 billion ($2.3 billion) during the week ending Aug. 26, the Dubai Land Department (DLD) said. The transactions included the sale of 274 plots for AED1.36 billion and 1,902 apartments and villas for AED4.35 billion. The biggest deal...
  • Dubai real estate market’s July performance best in decade

    Dubai real estate market recorded a total of 7,092 transactions in July 2022, which is its best performance in the past decade, said Mo’asher, the emirate’s official Sales Price and Rental Performance index. Mo’asher said the figure demonstrates a significant increase in the overall performance of the sales transaction volume...
  • Real estate deals worth $381 million recorded in Dubai Tuesday

    Dubai real estate market recorded deals worth AED1.4 billion ($381 million) on Tuesday, including 387 sales transactions worth AED1.15 billion. The transactions also included 68 mortgage deals of AED149.38 million, and 85 gift deals amounting to AED140.85 million, data released by Dubai's Land Department (DLD) showed. The sales included 336...
  • Dubai records real estate deals worth $472 million on Monday

    Dubai recorded real estate transactions worth AED1.7 billion ($472 million) on Monday, which included 562 sales transactions worth AED1.42 billion. The transactions included 75 mortgage deals of AED271.02 million, and 42 gift deals amounting to AED94.62 million, data released by Dubai's Land Department (DLD) showed. The sales included 520 villas...
  • Weeklong real estate transactions in Dubai amount to $2.8bn

    The real estate and properties transactions valued at $2.8 billion (AED10.3 billion) in total during the week ending 19 August 2022. The sum of transactions was 3,149.
  • Dubai’s high-end luxury real estate market prospers

    The emirate’s upper market real estate sector is not something just anyone can develop. It requires large investments and a full-fledged team who can deliver a quality 360 solution to buyers. It is a profitable sector with growing opportunities for those able to enter the industry, Comerford highlights.
  • Emaar H1 revenue 3.69 billion

    H1 2022 EBITDA up 66 percent $1.6 billion.
  • Dubai records $2.6bn real estate transactions in week

    A total of 2,433 real estate transactions worth $2.6 billion (AED9.7 billion) were conducted during the week ending 12th August, 2022, according to figures released by the Dubai Land Department.
  • Dubai realty market records deals worth $653 million on Tuesday

    Dubai real estate market recorded 436 sales transactions worth AED971.4 million ($264 million), in addition to 101 mortgage deals of AED1.38 billion, and 17 gift deals amounting to AED55.13 million on Tuesday, data released by Dubai's Land Department (DLD) said. The sales included 360 villas and apartments worth AED738.88 million,...
  • UAE issues new guidelines for real estate transactions

    The Ministry of Economy (MoE) and the Ministry of Justice (MoJ), in partnership with the UAE Financial Intelligence Unit (FIU), have announced new regulations aimed at certain real estate transactions conducted in the UAE.
  • Jordan real estate trade grows by 20% to $4.41 billion

    Jordan has posted a twenty percent rise in real estate trade to $4.41 billion during the first seven months of 2022.
  • GCC investors turn to realty to hedge against inflation

    The real estate sector in the Gulf region is set to accelerate in the second half of the year as regulations effectively mitigate the market cycle swings, especially during inflation.
  • Dubai’s weeklong real estate transactions total $1.4bn

    In Dubai, the real estate and properties transactions valued at $1.4 billion in total during the week ending 05 August 2022. The sum of transactions was 2,247.
  • Dubai records realty deals worth $241 million on Wednesday

    Dubai recorded realty transactions worth AED888 million ($241 million) on Wednesday. The real estate market in the emirate recorded 310 sales transactions worth AED668.1 million, in addition to 86 mortgage deals of AED163.78 million, and 18 gift deals amounting to AED56.24 million, data released by Dubai's Land Department (DLD) showed....
  • Dubai most transparent Arab real estate market

    The emirate was ranked 31st in the world on the Global Real Estate Transparency Index 2022, which is based on a global survey.
  • Dubai’s real estate market sales transactions reach US$6.2bn

    Dubai’s real estate market recorded 8,897 sales transactions worth US$6.2 billion approx (AED22.75 billion), the highest volume of sales transactions for June in the past nine years, according to Mo’asher, Dubai’s official sales price and rental performance index.
  • Aldar Properties profit up 44 percent

    Net Profit of Aldar in Q2 2022 amounted to $229 million.
  • Saudi center to auction industrial properties in Riyadh

    Saudi Arabia's  Center for Attribution and Liquidation "Infath" will auction quality real estate in Riyadh on  August 1, a media report said. The auctions offer 14 industrial real estate assets in eastern Riyadh, with large total areas estimated at more than 80,000 square meters. The real estate consists of three...
  • Abu Dhabi records $6.13bn of real estate transactions in H1 2022

    Abu Dhabi's real estate market sustained growth driven by investor optimism, recording 7,474 property transactions amounting to over US$6.13 billion (approx) as per the latest report released by the Department of Municipalities and Transport (DMT).
  • Dubai records real estate transactions worth $296m on Thursday

    Dubai real estate market recorded 379 sales transactions worth AED1.09 billion ($296 million), in addition to 96 mortgage deals of AED319.78 million, and 18 gift deals amounting to AED35.4 million on Thursday, data released by Dubai's Land Department (DLD) showed. The sales included 359 villas and apartments worth AED755.34 million,...