Real estate developers in Abu Dhabi report profit decline
26/08/2019 , by in INTERNATIONAL

The profits of the UAE-listed real estate companies declined by 25% year-on-year during the second quarter of 2019. The reasons for that decline include the increase in the cost of finance and operational costs. According to data compiled by Mubasher, total profits reported by developers liste... Read more...

US home sales rise by 2.5% in July
Aug 2019 , by in INTERNATIONAL

U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve's shift toward lower interest rates was adding support for the economy. The National Association of Realtors said on Wednesday existing home sales rose 2.5% to a s... Read more...

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