New connections drive district cooling firm’s numbers; Saudi stake sale helped too Dubai: New homes and offices as well as an expanding resident base are clearly showing up in the district cooling company Tabreed’s numbers, with profits up from Dh88 million to a quite weighty Dh236.4 million for the first three months of 2023. Helping […]
Builder of industrial parks and resort in Ras Al Khaimah scores high on profit growth too Dubai: The operator of industrial parks – and now, a builder of a resort – Dubai Investments has put in some serious bulk into its first quarter net profit, hitting Dh314.5 million from Dh202.55 million in Q1-22. Total income […]
Previous record for the costliest penthouse was Dh410 million, which was sold in Bvlgari Lighthouse, Jumeirah Bay Island Demand for Dubai’s ultra-luxury properties continues to grow unabated and there are no signs of slowing it down as record-breaking deals in the prime segment continue one after the other. On Tuesday, luxury real estate company Luxhabitat […]
