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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...

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  NMDC Energy appoints QMM as liquidity provider

  Under the agreement, QMM will provide continuous two way quotes on NMDC Energy shares to ensure smoother trading activity, narrower bid-ask spreads,...

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  Red Sea Global secures $1.73bn funding for AMAALA

  The loan agreement incorporates a blend of conventional and Islamic financing, aligning with RSG’s Green Loan Framework. Developer Red Sea Global (RSG)...

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  Tabreed appoints Arqaam Securities as Liquidity Provider

  Under the terms of a 12 month agreement, Arqaam Securities will commence liquidity provisioning for Tabreed shares by entering two way quotes...

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  Gibson Dunn advises on UAE’s largest construction sector IPO

  The IPO, which raised $381mn, resulted in an implied market capitalisation of around $1.91bn. Law firm Gibson Dunn said it advised the...

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