Mubasher: The total value of annual projects awarded in Kuwait during the first quarter (Q1) of 2026 reached the highest quarterly level in more than 21 quarters, since Q1-21, according to the market update report by Kamco Invest. The overall …
UAE – Mubasher: The total value of projects awarded in the UAE during the first quarter (Q1) of 2026 declined by 18.5% or nearly $6.6 billion to reach $29.2 billion compared to $35.8 billion in Q1-25, Kamco Invest said in its latest market update …
Abu Dhabi – Mubasher: Aldar Properties generated net profits after tax valued at AED 2.29 billion in the first quarter (Q1) of 2026, up 20% year-on-year (YoY) from AED 1.90 billion, according to the financial results. The higher gains were driven …
Mubasher: A venture between Hassan Allam Construction and Al Bawani Company has been awarded a $490 million contract (SAR 1.84 billion) to construct the Saudi Arabia Museum of Contemporary Art (SAMoCA) for Diriyah Company. With a total gross floor …
Riyadh – Mubasher: alrajhi capital, a company licensed by the Capital Market Authority (CMA), partnered with S&P Global to launch the alrajhi capital Saudi Construction Index in the Middle East. Operated by the Market Intelligence division within …
Abu Dhabi – Mubasher: Abu Dhabi Ports Company (AD Ports) has sold three warehouses in KEZAD Logistics Park (KLP), spanning 161,000 squares meters in Abu Dhabi, to Aldar Properties at an amount of AED 650 million ($177 million). The sale deal comes …
Abu Dhabi - Mubasher: Investcorp Capital has invested $200 million in US residential real estate, expanding its exposure to senior living and selectively re-entering the multifamily segment as housing market conditions improve. The portfolio …
Abu Dhabi - Mubasher: Aldar Properties and Mubadala Investment Company have acquired The Link at Masdar City through their joint venture (JV) formed in 2024, in a deal valued at AED 654 million. The takeover transaction expands the partners’ …
Cairo - Mubasher: Palm Hills Developments Company entered into a partnership agreement with UAE-based Miran Hills Real Estate to launch a major coastal project in Ras Al Hikma on Egypt’s North Coast. The development will cover 5.65 million square …
UAE - Mubasher: AMIS Development has received additional funding from a leading Singaporean investment fund following an earlier AED 5 billion commitment, according to a press release. The fresh capital will support AMIS Development’s expanding …
Abu Dhabi - Mubasher: Abu Dhabi’s Department of Municipalities and Transport (DMT) has partnered with Aldar Properties to develop two integrated residential communities in Mohamed bin Zayed City (MBZ City) and Baniyas. The projects will deliver …
Abu Dhabi – Mubasher: Aldar Properties has closed an AED 5 billion ($1.36 billion) five-year syndicated sustainability-linked revolving credit facility (RCF), according to a press release. The transaction witnessed the participation of 10 major …
Dubai - Mubasher: Emirates NBD has executed a $250 million syndicated term loan for London-listed luxury international real estate developer Dar Global, according to a press release. Dar Global, which is majority owned by Dar Al Arkan Real Estate …
UAE - Mubasher: Emirati-founded real estate developer Amaal has appointed CITIC Middle East Contracting LLC as the main contractor for Mansory Residences in Dubai, valued at AED 1.80 billion, according to a press release. Backed by its China-based …
Dubai - Mubasher: Emirates NBD has entered a strategic partnership with Sobha Realty to provide integrated home financing solutions for buyers of Sobha’s off-plan residential developments across Dubai. The DFM-listed lender will offer tailored …
UAE - Mubasher: Dubai Properties, a member of Dubai Holding Real Estate, has awarded contracts worth nearly AED 1.10 billion to Metac General Contracting Company. The new award aims to construct 850 townhouses at the Villanova development in …
UAE - Mubasher: Al Habtoor Group unveiled an investment exceeding AED 5 billion in Dubai’s real estate sector, developing a new landmark commercial tower within Al Habtoor City, according to a press release. Located in the heart of Dubai on Sheikh …
Cairo - Mubasher: Porto International Investment, a subsidiary of A Capital Holding, has signed a development and master franchise agreement with Italian company La Burrateria. The deal includes establishing a factory for cheese production …
UAE – Mubasher: Dubai’s real estate market recorded total sales transactions valued at AED 138.70 billion across 44,150 transactions in the first quarter (Q1) of 2026, according to a press release. The record shows a 21.20% increase in value and a …
Cairo - Mubasher: Orascom Construction, listed on both EGX and ADX, registered higher non-consolidated net losses after tax at $22.76 million in 2025, compared to $17.11 million in 2024. The basic loss per share hit $0.21 in the January-December …
Dubai – Mubasher: The shareholders of Emaar Development approved the board’s proposal to distribute a dividend of AED 4 billion ($1.10 billion), representing 100% of the share capital. During the annual general meeting (AGM), the board members …
Abu Dhabi – Mubasher: Aldar Properties is set to hand over more than 3,500 units in 2026, maintaining strong delivery momentum across its development portfolio, according to a press release. The group has constructed 1,075 homes since the …
Dubai – Mubasher: Dubai Residential REIT has added 56 villas to the Garden View Villas community, complementing the existing 285 units and advancing its disciplined growth strategy, according to a press release. The new villas include four-bedroom …
Dubai – Mubasher: Emaar Properties held its annual general meeting (AGM), which approved a 100% dividend payout, amounting to AED 8.80 billion ($2.40 billion), for 2025. The distribution supports the company’s commitment to delivering sustained …
Mubasher: Real estate advisory firm Chestertons has recently appointed John Stevens as the CEO of the international entity to lead its growth across the MENA region, according to a press release. Stevens aims to be focused on ensuring the regional …
