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Dubai real estate transactions jump 20% to Dh634 bn in 2023

Ishrath Jaigirdar, Dubai, UAE Land and property transaction value in Dubai jumped 20 percent to Dh634 billion (US$173.7 billion) in 2023, up from Dh528 billion (US$144.65...

RAK Properties’ net profit jumps 555% to Dh201.82 million in 2023

Staff Report, Dubai, UAE RAK Properties PJSC, a leading property developer in Ras Al Khaimah, reported a whopping 555 percent jump in net profit to Dh201.82...

Empower profit declines 5% to Dh960 million in 2023

Staff Report, Dubai, UAE  Emirates Central Cooling Systems Corporation PJSC, the world’s largest district cooling services provider, reported a 5 percent decline in profit to Dh960...

Saudi Arabia’s office market fuels economic growth in Q4 2023

Staff Report, Dubai, UAE  Saudi Arabia's office market has witnessed a rising demand of up to 31 percent in Riyadh  in Q4 2023, driving the country's...

Emaar Development records 74% profit growth to US$1.8 billion in 2023

Staff Report, Dubai, UAE Emaar Development PJSC, one of UAE's premier property developers specialising in the build-to-sell property development business and a subsidiary of Emaar Properties...

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