Latest news with #Dh1.43
Al Etihad
2 days ago
- Business
- Al Etihad
UAE stock exchanges continue rally
28 July 2025 21:14 A. SREENIVASA REDDY (ABU DHABI)The UAE stock markets are in a buoyant mood, with both exchanges recording gains for several days Abu Dhabi Securities Exchange (ADX) maintained its positive trajectory, with its general index (FADGI) rising by 0.214% to close at 10,362.16 on Monday. A total of 24,495 trades were executed, involving 409 million shares with a combined value of Dh1.43 billion. The total market capitalisation of all companies listed on the ADX stood at Dh3.160 Dhabi Islamic Bank (ADIB), ADNOC Gas, and Aldar led the rally with 1.85%, 2.1%, and 1.02% rises, respectively. Other stocks that contributed to the rally include Bank of Sharjah, which rose by 7.38%, ARAM group, up by 4.66%, and Presight, which gained 2.97%. The Dubai Financial Market (DFM) continued its rally, with its general index (DFMGI) rising by 0.28% to close at 6,167.68. A total of 13,828 trades were executed on the DFM, involving 372 million shares with a combined value of Dh765 million. Share prices of 25 companies rose, 24 declined, and nine remained unchanged. It was the fourth straight day of gains for the DFM, supported by strong earnings reports in the second quarter. Emirates NBD led the rally with a 2.9% rise in its share price. Stock Markets Continue full coverage
Al Etihad
3 days ago
- Business
- Al Etihad
Brokers cement their role in Dubai's real estate market, contributing to over 42,000 transactions at Dh3.23 bn in H1 2025
27 July 2025 15:26 DUBAI (ALETIHAD)Dubai's real estate brokerage sector recorded a remarkable performance in the first half of this year, reaffirming the pivotal role of brokers in driving market dynamism and supporting sustainable growth in property estate brokers contributed to the execution of 42,181 transactions, generating commission values exceeding Dh3.23 billion in H1 2025, compared to Dh1.62 billion in the same period in 2024, achieving a growth of 99%.This increase in transaction volume is closely tied to the growing number of real estate brokers registered with the Dubai Land Department, which now stands at 29,577 brokers, including 6,714 new brokers who entered the sector in the first half of momentum reflects the growing confidence in the profession, and its rising role as a key partner in enhancing the attractiveness of real estate investment and in guiding investors towards high-potential participation in the real estate brokerage sector has increased significantly, with 10,100 women now actively working as brokers in the field. They contributed to the execution of 13,424 transactions, generating commission values of nearly Dh1.43 billion. This reflects the growing influence of women in leading real estate deals, their ability to build strong professional relationships, and their impact on the market's overall role of real estate brokers extended beyond facilitating transactions. They served as a vital link between investors, developers, and buyers, contributing to enhanced transparency and enabling more informed and property valuation firms also played a key role in supporting market demand by providing integrated services. As of the first half of 2025, there were 1,223 registered brokerage offices, and 78 property valuation offices, employing 118 licensed their part, the 2,426 registered real estate services offices continued to play a pivotal role in the sector. During the first half of the year, Real Estate Registrations and Services Trustees Offices facilitated 114,848 transactions, serving 86,398 customers, marking a 15% increase in the number of customers compared to the same period last outstanding performance of the brokerage and valuation sector is one of the key pillars of Dubai's real estate market, reflecting the emirate's vision of fostering an investment environment built on public-private partnerships. By facilitating transactions and deals, professional brokers continue to reinforce investor confidence and contribute to enhancing Dubai's position as a leading global real estate investment destination.
