Category: Investment
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Azizi Developments’ Park Avenue III on track for Q4 2023 completion, currently at 67%
Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has announced that Park Avenue Ill, part of the prestigious Park Avenue project located in the highly sought-after MBR City, has reached 67% completion and is on track for its scheduled Q4 2023 completion. Comprising 372 homes and 29 retail units within…
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DAMAC Properties Awards Key Contract for Safa One de GRISOGONO
Dubai, United Arab Emirates, 17 October 2023 – Leading luxury real estate developer in the UAE, DAMAC Properties has announced the awarding of the main works package for its much-anticipated Safa One de GRISOGONO project. United Engineering Construction Co. LLC (UNEC) has been entrusted with the main works package for the Safa One development, for…
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Dubai Sotheby’s International Realty – A Bold New Horizon in Luxury Real Estate Emerges
Dubai, 29 September 2023: Dubai Sotheby’s International Realty proudly enters a new era with the unveiling of its historic rebranding. Boasting a decade of excellence in Dubai’s luxury real estate landscape, this rebrand marks a significant milestone in the company’s history and extends its impact across borders, encompassing the United Arab Emirates, the United Kingdom, and…
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Gulf Capital Leads Consortium that Sells Majority Stake in Metito to Alpha Dhabi Holding
(Abu Dhabi, September 25th, 2023) – In a landmark transaction, Gulf Capital announced today that it has exited from its investment in Metito Holdings Ltd. (“Metito”) after a strategic and fruitful 17-year partnership by leading the consortium that sold a majority stake in Metito to Alpha Dhabi Holding (ADX: ALPHADHABI), one of the United Arab…
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OMNIYAT Acquires Marasi Marina in the Heart of Dubai
The leading visionary developer will apply its architectural flare and elevated lifestyle offering to a multi-faceted waterfront destination for the first time. Dubai, UAE, 19 September 2023 – OMNIYAT, a leading visionary developer, has announced the acquisition of Marasi Bay Marina from Business Bay LLC. The purchase is the first of its kind for OMNIYAT and…
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International real estate developer MERED announces entry into UAE market
4 September 2023; Dubai United Arab Emirates – MERED, an international real estate developer, has announced its official launch in the UAE, choosing Dubai, one of the fastest growing cities in the world, to be its home for designing and developing exclusive destinations. With a carefully selected team of world-class industry experts, artisans and accomplished…
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Emirates Islamic wins award for ‘Best Islamic Real Estate Deal’ at the Euromoney Islamic Finance Awards 2023
Bank wins for facilitating real estate financing deal for Abdulwahed Ahmad Rashed Bin Shabib Dubai, 15 August 2023: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that it has received the ‘Best Islamic Real Estate Deal’ award at the prestigious Euromoney Islamic Finance Awards 2023 for leading the Abdulwahed Ahmad Rashed…
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Abu Dhabi Witnesses Remarkable 363% Growth in Foreign Direct Investment in the Real Estate Sector During First Half of 2023
Abu Dhabi, July 24, 2023: The Department of Municipalities and Transport (DMT) announced that foreign direct investment (FDI) in the individual category within Abu Dhabi’s real estate sector has soared to AED 834.6 million during the first half of 2023, achieving a record growth rate of 363% compared to the corresponding period last year. According…
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Dubai Centre for Family Businesses launches new family business advisory certification programme in partnership with Family Firm Institute
H.E. Abdul Aziz Abdulla Al Ghurair: “The new certification programme is aimed at equipping family business advisors with the knowledge and skills they need to provide effective support to family businesses.” · Osama Ibrahim Seddiqi: “This initiative represents a significant step in our journey to deliver the right tools to meaningfully impact the family business ecosystem in Dubai.”…
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Emirates NBD takes the lead in the region in offering fractional bonds to individual investors
Dubai, UAE, 10 July 2023: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has introduced the provision of fractional bonds, an exclusive new product offering for individual investors, allowing them to gain access to international bond markets with a minimum investment as low as USD 25,000, making…

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