Financial
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Riyad Capital launches US $400mn fund to develop Dar Al Salam
The fund will develop Riyadh's Dar Al Salam project, which spans 32,000sqm and is designed as a mixed-use development. Riyad Capital has...
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Emirates Stallions Group revenue up 11% YoY
The group said it maintained a strong financial position, with total assets increasing to US $1.3bn as of 31 March 2026, up...
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Aldar’s profit jumps 20% in Q1 to US $626mn
The group achieved sales of US $1.8bn in Q1, with UAE sales contributing US $1.6bn, with earnings per share increasing 25% YoY...
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ADIB strengthens ties with Jubail for island project
ADIB and Jubail have signed a MoU to further enhance financial services available to customers financing properties within Jubail Island. Abu Dhabi...
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Alramz launches US $175mn fund to deliver 900 homes in Jeddah
The fund, to be managed by Oud Capital, will finance the Al Ramz Front development, which will comprise 900 residential units located...
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ALEC Holdings to distribute cash dividends in excess of US $68mn
Shareholders registered as of Friday, 3 April 2026 will be eligible to receive the dividend, which will be distributed through the DFM....
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Dar Al Majed seals credit facilities deal with Banque Saudi Fransi
The funding will primarily be utilised for Dar Al Majed’s expansion plans and the development of its real estate projects. Saudi-based Dar...
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Dubai Residential REIT to distribute $150m cash dividends for H2 2025
REIT’s portfolio comprises 21 integrated communities, each with over 35,700 homes, serving more than 140,000 residents. Dubai Residential REIT has secured approval...
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Modon Holding announces strategic investment in WLP
Through this investment, Modon joins WLP’s existing investor and operator group to expand its multi-asset portfolio of lifestyle and sports destinations. Abu...
