DUBAI / WAM Dubai witnessed the completion of nine real estate projects worth AED4.06 billion in H1 2023. According to data issued by the Dubai Land Department (DLD), 392 real estate projects are currently being developed in the emirate. The latest figures further validate Dubai’s status as one of the world’s leading real estate investment destinations and the sector’s ability ...

BLOOMBERG Samsung Electronics Co introduced the fifth generation of its foldable smartphones, seeking to counter a sluggish market for devices and upcoming rival products from Apple Inc. The new Galaxy Z Flip 5, a 6.7-inch smartphone that folds down into a square shape, now has an external display covering the majority of one side, making it more useful when closed. ...

BLOOMBERG Meta Platforms Inc topped forecasts for second-quarter sales and gave a rosy outlook for the current period, signalling that the social networking giant is succeeding in migrating advertisers to its new Reels short-video feature. The company said second-quarter revenue was $32 billion, compared with analysts’ average projections for $31.1 billion. In a statement, Meta said sales in the current ...