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Alpha Dhabi Holding reports $4.74bn revenue for Q1Alpha Dhabi Holding has reported a revenue of AED17.4 billion ($4.74 billion) for the quarter ending March 31, 2025, a 23 percent increase YoY, reflecting the depth of Alpha Dhabi’s diverse portfolio alongside its consistent track record of growth. The c More… |
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Dubai among top cities; set to become tier-one global cityDubai is making rapid progress towards becoming a tier-one global city and fully established global hub, according to a new report by Driven | Forbes Global Properties, Dubai’s award-winning real estate brokerage. The report, titled “Dubai on the V More… |
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AW Rostamani unit to install rooftop solar capacityAW Rostamani (AWR) Group, one of the UAE’s leading family business groups, and Positive Zero, a decentralised decarbonisation infrastructure business, have signed an agreement to install 460 kWp (kilowatt peak) of rooftop solar capacity at the production facility of Sineo Packaging Manu More… |
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INTERVIEW: SEVEN brings joy to 14 Saudi destinationsSaudi Entertainment Ventures (SEVEN), a wholly-owned subsidiary of the Public Investment Fund (PIF), is pushing ahead with the construction of 14 large-scale entertainment destinations across the kingdom as part of its SAR50 billion ($13.3 billion) development portfolio. More… |
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Dubai Holding launches IPO for Dubai Residential REITDubai Holding, through its wholly owned subsidiary DHAM REIT Management (the Fund Manager), today announced its intention to launch an initial public offering (IPO) for Dubai Residential REIT. Dubai Residential REIT is a Shariah-compliant income-generating clo More… |
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Bloom launches second phase of GranadaBloom Holding, a leading real estate development company in the UAE, has launched the second phase of ‘Granada’, its premium community living apartments located within Bloom Living, the fully integrated and all-inclusive community in Abu Dhabi. More… |
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Dubai RTA takes up 57 road infrastructure projectsDubai’s Roads and Transport Authority (RTA) is currently rolling out an ambitious programme of 57 strategic road infrastructure projects under its 2025–2027 Plan. The initiative encompasses the construction of 226 km of roads and 115 bridges More… |
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AD Ports to develop industrial, logistics park near Port SaidAD Ports Group and the General Authority for Suez Canal Economic Zone (SCZONE), the integrated investment destination for linking industry and global trade, have signed a 50-year renewable usufruct agreement, to develop and operate a 20-sq-km industrial and logistics park near the Egyptian co More… |
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Dubai RTA digital revenues rise 16% in 2024 to $1.21bnDubai’s Roads and Transport Authority (RTA) has achieved a 16% growth in digital revenues for 2024, reaching AED4.427 billion ($1.21 billion) compared to the previous year. The total number of transactions across digital channels has reached 679.6 millio More… |
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Tecom Q1 revenue up 21% to $185mTecom Group, a leading developer and operator of specialised business districts across Dubai, has announced a 21% year-on-year (YoY) increase in revenues to AED680 million ($185.13 million) for the first quarter of 2025, while net profit grew by 23% YoY to reach AED361 million during the peri More… |
