Are you an investor praying for the perfect opportunity to step into Dubai’s booming real estate market? Your search ends here. Bahria Town Dubai is the most awaited, master-planned community that is more than just a residential development — it's a vision for the future. With its prime location, world-class infrastructure, and flexible payment plans, this is your golden chance to claim a share in one...
Nasdaq Dubai has proudly welcomed the listing of a $500 million green sukuk issued by OMNIYAT, one of Dubai’s leading real estate developers. This strategic financial move is part of OMNIYAT’s broader sustainability initiative, supporting environmentally friendly development across its portfolio. 📈 Sukuk Details and Green Investment Focus The green sukuk, maturing on May 6, 2028, carries a...
Following Dubai Holding’s recent launch of the Dubai Residential REIT IPO on the Dubai Financial Market (DFM), there's a surge of interest in understanding Real Estate Investment Trusts (REITs) as an accessible and diversified real estate investment solution. This IPO marks a significant milestone as it is the first REIT to be listed under the UAE’s newly introduced regulatory framework announced in...
The development launches with 1,225 homes - a curated mix of one- and two-bedroom residences Sobha Realty, renowned globally for its commitment to luxury real estate, has officially unveiled its latest masterplanned community in Dubai — introducing Sobha Central, a vertical urban development located on the prestigious Sheikh Zayed Road. Envisioned to become a future-ready lifestyle hub, Sobha Central is...
Dubai has officially unveiled the Shared Digital Channels Initiative, developed in collaboration with several government entities. This strategic move introduces a unified, user-centric digital government model aimed at transforming how residents, businesses, and visitors access public services across the emirate. 🌐 A Seamless, Integrated Digital Experience for All The initiative is designed to...
In a significant move to empower domestic industries, the Dubai Department of Economy and Tourism (DET) has teamed up with the Dubai Department of Finance (DOF) to introduce the Dubai In-Country Value (ICV) Program. This strategic initiative is designed to reinforce the local manufacturing ecosystem by directing a larger share of government expenditure towards UAE-based suppliers. Implemented Through...
Dubai, UAE – May 11, 2025 Prospect, a Dubai-based real estate investment and advisory firm, has entered into a strategic partnership with Mulk Properties, a subsidiary of Mulk International, to develop 'The LX'—a premium commercial project valued at AED 350 million in Arjan. This collaboration also includes One Broker Group (OBG), an award-winning real estate agency, as the exclusive sales partner for...
Follows group’s first debt issuance and underscores efforts to institutionalise operations Dubai, UAE – May 2025 – OMNIYAT Group, the parent company of the renowned ultra-luxury real estate developer OMNIYAT and its wider-luxury counterpart BEYOND, has announced the formation of a Strategic Advisory Board to spearhead its next era of growth, innovation, and global transformation. This move follows a...
Profit before tax rose to AED74 million, up 64 percent year-on-year RAK Properties has announced a revenue of AED 370 million (USD 100.7 million) for the first quarter of 2025, marking a 28% increase compared to the same period in 2024. 📊 This significant growth was driven by ongoing progress across various residential developments and a strong response to newly launched projects. The Q1 2025 financial...
Emirates Central Cooling Systems Corporation PJSC - Empower, the world's largest district cooling services provider, announced its financial results for the first quarter of 2025. Dubai, UAE – May 9, 2025 – Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s leading provider of district cooling services, has announced its financial performance for the first quarter of 2025,...