Dubai, UAE – The Dubai Land Department (DLD) reported over 3,200 transactions worth AED 24.7 billion last week and this upwards trend appears to have become a staple of permanence in the emirates’ real estate market. Sales frequency has surged on the heels of investor confidence being renewed amid continued...

DOHA, QATAR - The volume of real estate trading in non-residential sales contracts at the Department of Real Estate Registration at the country’s Ministry of Justice from August 27 to August 31, 2023, reached US$ 68 million (QR 250,159,704). The total sales contracts for residential units in the Real Estate...

ABU DHABI, UAE - Borouge's Chief Operating Officer Dr. Hasan Karam has said the fifth polypropylene unit (PP5) played a significant role in H1 2023, contributing US$209 million (AED767 million) representing 22 percent of the company's propylene sales and 10 percent of our overall turnover. In a statement to the...

The automaker's profit surged 78 percent to US$9.1 billion.

Aldar recorded AED 2.1 billion in net profits for the first half of 2023.

This is firm's worst quarterly profit since Q1 2009.

Results due to better sales in Japan, North America.

Profits jumped 52 percent to $2.6 billion .

The sales in H1 of 2023 climbed on the back of high demand.

Firm in profit despite high inflation, rising interest rates.

The company's sales increased by 19.92 percent.

Group sales grew 18 percent to $772 million in its Q1.

DUBAI, UAE  - Dubai's real estate market recorded 669 sales transactions worth US$792 million (AED2.91 billion) on Thursday, data released by Dubai's Land Department (DLD) showed. DLD said 134 mortgage deals totaling US$73 million (AED268.19 million), and 89 gift deals amounting to US$27 million (AED101.47 million). The sales included 567...

Dubai, UAE -- Dubai's real estate market has recorded its highest semi-annual sales figures ever, with 61,000 deals worth AED 179.34 billion ($47.8 billion) taking place in the first half of 2023, according to W Capital Real Estate Brokerage. CEO of W Capital, Al Zarooni, said the growth rate in...

DUBAI, UAE - Dubai's real estate market recorded 638 sales transactions worth US$503 million (AED1.85 billion) on Tuesday, data released by Dubai's Land Department (DLD) showed. The market also recorded 130 mortgage deals totaling US$732 million (AED2.69 billion), and 21 gift deals amounting to US$59.5 million (AED218.56 million). The sales...

Its profit vaulted to US$150 million in Q1 of 2023

The company posted Q1 revenue of US$694 million.

The firm says sales declined in Europe and China.

Abu Dhabi, UAE--The property market in Abu Dhabi has recorded 5,472 property sales and mortgages valued at US$7.62 billion in the first quarter of 2023 as against 3,304 transactions worth $ 3.07 billion during the same period in 2022, according to official data released by the Department of Municipalities and...

The company's profits came in at $1.8 billion.

US economic growth lost steam in the first quarter this year, said the Commerce Department, as the possibility of a mild recession brews while consumer spending weakens. Consumption provided a boost to the world's biggest economy, giving it a strong start to 2023, but banking sector turmoil and rising interest...

Its Q1 profits rose 1% to $3.4 billion, on a 4% increase in revenues.

Dubai, UAE – Dubai's real estate market recorded real estate transactions worth AED1.9 billion ($517 million) on Wednesday, Dubai Land Department said. The transactions included 505 sales transactions worth AED1.57 billion on Wednesday, in addition to 109 mortgage deals totaling AED278.53 million, and 10 gift deals amounting to AED48.1 million....

Paris, France--Sales of new cars jumped last month in Europe, surpassing the level of one million for the first time since June 2021, according to data from the European Automobile Manufacturers Association published on Wednesday. New car registrations hit 1,087,939 in March, an increase of 28.8 percent from the same month...

Jump in sales across all regions, including China.

Technology remained GCC's most active industry sector in terms of hiring, with 77 percent of organizations increasing their headcount last year, latest reports point out.

Firm booked profit despite supply chain disruptions.

The external e-commerce players, projected to grow by 19.2 percent from 2022 to 2026, are expected to capture a share of 34 percent of the total online shopping in the UAE.

Driven by new projects, its sales in 2022 touch $9.5bn.

Revenue climbed by 17 percent to a record US$31.8 billion.

Its operating profit rose by 12.5 percent to $24 billion.

Its operating profits in Q4 fell to $3.4 billion, a 69 percent drop.

The emirate saw a record-breaking rise in real estate sales in the first two weeks of 2023, with a total of AED13.22 billion transacted across 4,275 deals, data suggest.

Dubai, UAE--Dubai real estate market recorded deals worth AED1.5 billion ($408 million) on Tuesday, Dubai Land Department said. The deals included 520 sales transactions worth AED1.22 billion, in addition to 72 mortgage deals of AED216.8 million, and 15 gift deals amounting to AED98.13 million. The sales included 440 villas and...

Real estate sector experts say facilities like Golden Visa were fueling expatriate interests in owning a property in the emirate.

Dubai, UAE---Dubai real estate market recorded deals worth AED2.8 billion ($762 million) on Thursday, Dubai Land Department said. These included 516 sales transactions worth AED1.73 billion, in addition to 71 mortgage deals of AED596.74 million, and 26 gift deals amounting to AED503.85 million. The sales included 455 villas and apartments...

SHARJAH, UAE - ASAS Real Estate Company, the real estate arm of Sharjah Islamic Bank (SIB), announced the launch of the second phase of sales of the "Al Rahmaniyah Commercial Lands" project. The project follows increasing demand for the company's latest real estate projects. Located in the Rahmaniyah suburb of...

Robust property sales helped firm enhance revenue.

Strong performance of the firm's agrochemicals division helped.

AMMAN, JORDAN - Jordan's real estate trade picked up by 23 percent to US$6.8 billion (JD4.875 billion) in 2022's January-October period, in comparison to figures reported in the same period of 2021. The Department of Land and Survey (DLS) revealed on Monday that the state's revenue from the real estate...

Consumers in the UAE, Saudi Arabia and Egypt are among the most excited to search for Black Friday compared to Brazil, UK, and US, Google’s internal data suggest.

Real estate transactions in the Emirate of Sharjah totaled US$544 million (AED 2 billion) in August 2022, according to the monthly report published by Sharjah Real Estate Registration Department (SRERD).

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...

Sharjah Real Estate Registration Department (SRERD) has revealed that total transactions carried out in July 2022 amounted to 2,417 transactions across 71 different areas distributed over the Emirate of Sharjah.

The retailer said the profit soared due to growth in sales.

The gold and jewelry sector in Saudi Arabia has recorded a 36 percent growth in sales as the economy shows signs of recovery

The Saudi firm posted a 73% fall in profit to $14m in H1.

The retail giant sales surged, partly due to inflation.

The jump in profit was driven by growth in sales of dairy.

The Saudi firm's net profit was fueled by higher sales volume.