Emaar Development recorded 66% increase in property sales for the first nine months of 2024

Emaar Development says it maintained strong momentum during the third quarter of 2024. Property sales rose by 66% to US $13.1bn during...

Property

Dubai & Abu Dhabi excel in 2024 Real Estate Transparency Index says JLL report

The UAE has made significant strides in global real estate market transparency, with Dubai and Abu Dhabi securing a place among the...

Financial

AMEA Power achieves financial close for project in South Africa

AMEA Power announced it has reached financial close on its 120MW Doornhoek Solar Photovoltaic (PV) Project in South Africa. When commissioned, the...

Financial

Emaar’s Q1 revenue reaches US $1.8bn

Dubai developer Emaar Properties showed consistent performance across its various businesses for the first quarter of 2024, recording revenues of US $1.8bn,...

Financial

Drake & Scull International finalises restructuring

Drake & Scull International (DSI) has announced the closing of the subscription for new capital, with proceeds exceeding US $122mn through the...

Financial

DEWA and Acwa Power announce financial close on 180 MIGD RO desalination plant

The financial close of a 180 million imperial gallons per day (MIGD) seawater reverse osmosis (RO) desalination project in Hassyan has been...

Financial

AESG tracks 46% growth on the back of healthy regional economic climate

AESG has attributed its positive growth in 2023 to the region’s healthy economic climate, noting that the market is creating ‘strong growth...

Financial

RAK Properties boosts trading liquidity

UAE-based developer RAK Properties has appointed BHM Capital as the liquidity provider for the company's share-holding. This move is aimed at enhancing trading...

Financial

Consortium completes finance on Oman 500MW solar plant

A consortium led by French utility specialist EDF Renewables and Korea Western Power Corporation (Kowepo), has announced that it has reached financial...