Financial
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Farnek achieved record sales revenue of over $18.63mn in 2024
Farnek was awarded more than 460 contracts, with over 1,500 additional members of staff, mobilised to sites across the UAE and Saudi...
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UAE and Saudi Arabia lead GCC Greenfield Investment
Industries that saw the largest value of announced greenfield projects in the UAE in 2024 include real estate, software & IT, renewables,...
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Financing for Wynn Al Marjan Island Completed
In the low-rise portion of the building, the concrete and steel structures is combined 70% complete. Exterior facades and interior fit out...
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BESIX-Plenary Group achieve financial close for Khalifa City School project
ADEK requires Khalifa City School to be operational by August 2026, a timeline that could not be achieved via a traditional procurement...
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$930mn fund to drive Urban Wadi development
This partnership model is set to attract FDI enhancing Riyadh’s position as a global destination for attracting investment and urban development. The...
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Singapore’s First APAC Fund to invest $1.35bn in Dubai’s AMIS Development
The investment will be used by AMIS Development to expand its growth by growing its land bank, project pipeline, global brand partnerships,...
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Emaar Development recorded 66% increase in property sales for the first nine months of 2024
During the third quarter of 2024, Emaar introduced 'Lavita' at The Oasis, its first community of luxury mansions. Emaar Development says it...
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FIM Partners, HIVE, and Rafal Real Estate Development Company to establish $150mn development fund
The strategic partnership aims to address the growing demand for flexible living spaces in Riyadh. HIVE, Rafal Real Estate Development Company and...
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ACCIONA secures US $317mn in sustainable financing for projects in the GCC
The sustainable financing is structured as a green loan with local impact, aligned with ACCIONA’s Sustainable Impact Financing Framework. ACCIONA has secured...
