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
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
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
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
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
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
UAE – Mubasher: Real estate transactions in Ajman increased by over 41% year-on-year (YoY) to AED 2.06 billion in March 2025, according to Emirates News Agency (WAM). Omar bin Omair Al Muhairi, Director-General of the Ajman Department of Land and …
UAE – Mubasher: The UAE Ministry of Finance has announced a new decision that specifies the cases in which a non-resident juridical investor in a Qualifying Investment Fund (QIF) or Real Estate Investment Trust (REIT) is considered to have a nexus …
UAE – Mubasher: Dubai’s real estate market recorded a total transaction value of AED 114.08 billion in the first quarter (Q1) of 2025, marking an annual increase of 29.19%. Total transactions jumped by 23.11% year-on-year (YoY) to 42,269 as of 31 …
Abu Dhabi – Mubasher: The UAE’s Modon Holding has teamed up with Elsewedy Industrial Development to build and operate a new industrial zone for the Ras El-Hekma city megaproject in Egypt, according to a press release. The two companies signed a …
Cairo – Mubasher: Orascom Construction recorded a consolidated backlog of $7.60 billion and a pro forma backlog including a 50% share in BESIX of $11.90 billion as of 31 December 2024. Revenues hit $3.25 billion in 2024, while the adjusted EBITDA …
