Khazna Data Centers secures $2.62bn financing facility to fuel expansion plans

Khazna has several projects underway, including two new facilities in Abu Dhabi, one in Dubai, and the region’s first AI-enabled data centre...

Red Sea Global eyes new finance options

The developer said that it may leverage current successes to pursue IPO and REITs options. Red Sea Global’s (RSG) CEO, John Pagano,...

EMSTEEL reports $1.17bn in revenue and $147mn EBITDA for H1 2025

The group demonstrated robust operational performance during the period, witnessing a significant 24% YoY increase in sales volumes of finished steel products....

First Avenue inks deal with Al Shati Real Estate Fund to develop Jeddah mixed-use project

The partnership with the fund is said to represent a pivotal step in First Avenue’s expansion strategy in Jeddah by investing in...

Union Properties signs US $191mn sales agreement

This latest agreement is anticipated to be recognised in the company’s Q4 2025 financials, the real estate project will play a role...

Mace Group announces investment in Mace Consult

In addition to the investment, several Mace Group shareholders, including Executive Chair Mark Reynolds and Mace Group CEO Jason Millett, will retain...

WaHa closes US $8mn Series A-1 financing to accelerate global growth

The funding eliminates debt, streamlines WaHa’s cap table, and provides capital for major commercial milestones and future funding and also supports a...

DHAM REIT Management announces increase in Dubai Residential REIT’s IPO offering size

DHAM Investments will continue to own a majority stake in the REIT after listing on the DFM. Dubai Holding, through its wholly...

Arada acquires New South Wales arm of Roberts Co

Arada secured the immediate US $20mn recapitalisation of Roberts Co (NSW), which will provide essential stability to another 600 employees across the...

Deyaar elects new Board and approves dividend at AGM

The newly elected Board will reinforce Deyaar’s commitment to corporate governance, innovation, and sustainable growth. Deyaar Development conducted its Annual General Assembly...