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29 September 04:23 PM UAE launches multi-billion housing projects
UAE - Mubasher: The UAE has launched several housing projects in 2025 to boost family stability and enhance living standards, according to the Emirates News Agency (WAM). The Sheikh Zayed housing program approved 2,971 housing applications at a …
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29 September 03:09 PM ONE Development enters Egyptian market to expand regional expansion
Cairo - Mubasher: UAE-based ONE Development has officially entered Egypt's real estate market with the launch of DO New Cairo, according to a press release. In partnership with global music icon Amr Diab, the flagship hospitality project’s …
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28 September 12:40 PM RAK Properties establishes Mirasol phase II
Abu Dhabi - Mubasher: RAK Properties has launched the second phase of Mirasol, an expansive resort-style apartment community on Mina, according to a press release. The development scheme comprises 280 units across visually distinct and …
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25 September 09:17 AM Aldar’s AIP raises $290m via green sukuk taps
Abu Dhabi - Mubasher: Aldar Investment Properties (AIP), a subsidiary of Aldar Properties, has raised $290 million through taps on its green sukuks maturing in 2034 and 2035. The offering was 2.8x oversubscribed, drawing $830 million in orders, …
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24 September 12:01 PM Aldar ups stake in Aldar Estates to 82.5% following Modon Holding’s exit
Abu Dhabi - Mubasher: Aldar Properties increased its ownership in the Aldar Estates platform, the region’s largest integrated real estate services company, with over AED 3 billion worth of active contracts The group acquired Modon Holding’s 17.45% …
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26 June 04:00 AM Dubai Investments expands AED 2.2bn Mirdif Hills with Asayel Avenue launch
Dubai – Mubasher: Dubai Investments has officially broken ground on Asayel Avenue, a new residential cluster expanding the AED 2.20 billion Mirdif Hills master development in the community of Mirdif.Established through Dubai Investment Real Estate (D
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25 June 04:00 AM Aldar upgraded to ‘A’ rating in MSCI ESG Rating assessment
Abu Dhabi – Mubasher: Aldar Properties entered the top quartile of MSCI ESG Rating, ranking among global real estate companies after securing an upgrade to ‘A’ rating in the latest assessment, according to a press release.The rating aligns with the c
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24 June 04:00 AM Asas Makeen, Kuwait’s Securities House to boost Saudi Arabia’s real estate sector
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company signed a memorandum of understanding (MoU) with The Securities House, a Kuwaiti public joint stock company listed on Boursa Kuwait.The MoU, signed on 22 June 2025, supports
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22 June 04:00 AM Aldar registers AED 3.4bn in Fahid Island sales during launch week
Abu Dhabi – Mubasher: Aldar Properties generated more than AED 3.50 billion in sales at Fahid Beach Residences and The Beach House, according to a press release.The Fahid Island homes attracted several buyers due to their position as Abu Dhabi’s firs
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16 June 04:00 AM Asas Makeen pens SAR 240m development agreement with NHC
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company has signed a SAR 240 million agreement with the National Housing Company (NHC).The project aims to develop the Tali’at Al-Mashraqiyah project in eastern Riyadh, according t
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15 June 05:49 PM Abu Dhabi’s hospitality sector attracts AED 611m revenues in March
Abu Dhabi – Mubasher: Abu Dhabi’s hospitality sector generated AED 611 million in revenue during March 2025, according to preliminary data released by the Department of Culture and Tourism (DCT). Total revenue breakdown includes AED 345 million …
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12 June 08:56 PM Asas Makeen to float shares on Nomu next week
Riyadh – Mubasher: Asas Makeen Real Estate Development and Investment Company is scheduled to commence listing its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Monday, 16 June 2025. Asas Makeen will float 1 million …
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11 June 09:09 AM Emirates Stallions’ unit partners with SAAS to develop AED 1.6bn project
Abu Dhabi – Mubasher: Royal Development Holding, a subsidiary of Emirates Stallions Group (ESG), has partnered with UAE-based luxury property developer SAAS Properties to launch its branded residences development on Al Reem Island. The AED 1.60 …
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10 June 03:04 PM Abu Dhabi’s property market records AED 6.3bn sales in 4 months
UAE – Mubasher: Abu Dhabi’s property market witnessed a 5% increase in luxury transactions valued at AED 7 million and above, reaching AED 6.30 billion in the first four months of 2025, according to Metropolitan Capital Real Estate (MCRE). The …
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3 June 05:29 PM Aldar unveils Abu Dhabi's 1st coastal wellness destination with AED40bn development value
Abu Dhabi – Mubasher: Aldar Properties announced a master plan for Abu Dhabi’s next island destination, Fahid Island, which has a gross development value exceeding AED 40 billion. With an 11-kilometre (km) coastline, Fahid Island is surrounded by …
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3 June 09:48 AM FABMISR arranges EGP 4.2bn loan for Redcon Properties
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), a unit of the UAE-listed FAB, has led a syndicated loan worth EGP 4.20 billion for Redcon Properties, according to a press release. The loan will be used to finance the execution of the …
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20 May 10:11 AM TMG Holding boosts regional expansion via development deal with Oman
Cairo – Mubasher: Talaat Moustafa Group Holding Company (TMG Holding) signed a deal with the Omani Ministry of Housing and Urban Planning to develop two projects in Oman, according to a press release. Hisham Talaat Moustafa, Chairman of Talaat …
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24 April 03:50 PM ADREC logs AED 25.3bn property transactions in Q1-25
UAE - Mubasher: The Abu Dhabi Real Estate Centre (ADREC), an affiliate of the Department of Municipalities and Transport, reported 34.50% year-on-year (YoY) higher property transactions at AED 25.30 billion in the first quarter (Q1) of 2025. …
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23 April 07:52 PM Global group Hilton pens 2 development deals in Egypt
Mubasher: Global hotels and resorts group Hilton signed two new properties in Cairo’s New Administrative Capital (NAC) in partnership with Panax Company, part of Selim Holding Group, according to a press release. Expected to open in 2028, Hilton …
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22 April 07:45 PM Emaar contributes $1bn to promote Dubai’s global infrastructure
Dubai – Mubasher: Emaar Properties invested over $1 billion in enhancing Dubai’s global identity, affirming the company’s commitment to reinforcing the city’s international position with landmark social infrastructure. Emaar announced ongoing …
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15 April 06:45 PM Majid Al Futtaim launches EGP 15bn project in West Cairo
Mubasher: Majid Al Futtaim has launched its Junction project, its first-ever business park in Egypt, with investments of EGP 15 billion, according to a press release.  Located next to the Mall of Egypt in West Cairo, the launch supports the …