Impower's H1 profit hits 468M AED
The UAE real estate market experienced notable stability during the second quarter of 2026, recording profits of 468 million dirhams for "Empower," with a growth rate of 16.2% in the first half of the year. Additionally, "Ferrari Lucci" achieved sales exceeding expectations despite facing criticisms, while "Space 42" generated revenues of $260 million, boosting its future financial flows to $6.3 billion. The UAE economy remained steady despite the decline in Asian markets, and Brazilian banks continued their pace of reducing interest rates for the fourth consecutive time.
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