Dubai / WAM A total of 2,790 real estate transactions worth AED9.6 billion were conducted during the week ending December 30, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 179 plots were sold for AED 1.39 billion, while 2,071 apartments and villas were purchased for AED 5.64 billion. The top three transactions ...

  Bloomberg Oil is set to end a volatile year modestly higher as investors look ahead to a potential rebound in Chinese demand next year and brace for the possibility that less Russian crude will make it to buyers. West Texas Intermediate futures edged lower near $78 a barrel in the final session of 2022 and are up about 4% ...

  SHENZHEN / WAM Chinese tech giant Huawei expects its revenue for 2022 to reach 636.9 billion yuan (about $91.59 billion), according to the company’s rotating chairman Eric Xu. Chinese news agency, Xinhua, quoted Xu as saying that the performance was in line with the forecast; a statement he made during the company’s annual New Year’s message on Friday. Over ...