Masdar closes acquisition of 50% stake in Terra-Gen

Terra-Gen is currently developing more than 12GW of wind, solar and battery storage projects in the US. Abu Dhabi Future Energy Company...

Sobha Realty complete US $230mn Sukuk Tap

With the completion of this tap, Sobha Realty’s total sukuk issuance now stands at $500mn. Sobha Realty has announced the execution of...

Record approvals for home-construction VAT refunds

The FTA explained that in the year between the end of June 2023 and the end of June 2024, 7,580 new applications...

NMDC secures approval for IPO of NMDC Energy Shares

NMDC Energy provides integrated solutions in the energy sector. NMDC Group has received approval from the Securities and Commodities Authority and the...

Meteora acquires fractional real estate ownership platform Maisour

The acquisition aligns with both companies’ visions to democratise real estate investment and capitalise on Dubai’s booming property market. In a strategic...

TECOM Group expands commercial portfolio in Dubai

The new strategic acquisitions and projects reflect TECOM's vision of fostering sustainable growth, it said. TECOM Group has completed the acquisition of...

Investment booming for Nizwa Industrial City

Madayn has successfully capitalised four new projects worth over US $14.2mn in H1 2024. Nizwa Industrial City has successfully capitalised four new...

AD Ports Group become majority owner of Tbilisi Dry Port

The agreement highlights AD Ports Group’s unwavering commitment towards strengthening global supply chains. AD Ports Group has announced the completion of the...

BESIX secures funding for Khalifa University accommodation project

This collaboration combines international infrastructure expertise, facilities management proficiency, and local UAE investment. BESIX announced the financial closing of the Khalifa University...

Etihad Rail launches Sustainable Finance Framework

It was developed in collaboration with various industry members along with those who served as Co-ESG advisors, providing expertise and insights. Etihad...