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Real estate

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22 April 05:11 PM Riyadh Development exits real estate fund for nearly SAR 184.5m in deal with Sumou
Riyadh - Mubasher: Riyadh Development Company has signed an agreement to sell all its units in the Al Arabi Riyadh Development Real Estate Fund to Sumou Holding Company for a total value of SAR 184.47 million. The transaction will be paid …
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22 April 10:56 AM CGS awarded EUR 7m contract for project in Kuwait
Riyadh - Mubasher: Consolidated Grünenfelder Saady Holding Company (CGS) has secured a EUR 6.78 million award from S2 Company for Management and Development of Lands and Real Estate. The scope of work includes the development of the WH-01 18K …
The Hillage
22 April 08:36 AM Madaar Developments launches EGP 15bn project in Sheikh Zayed City
Cairo - Mubasher: Madaar Developments has launched its residential project, The Hillage, in Sheikh Zayed City, with total investments exceeding EGP 15 billion, according to a press release. Integrating innovative architectural design with a calm …
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21 April 05:50 PM Investcorp Capital deploys $200m into US senior living, multifamily assets
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 …
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21 April 04:20 PM Aldar-Mubadala JV purchases The Link for AED 654m
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’ …
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20 April 06:50 PM Palm Hills, UAE’s Miran to launch new development project in Ras Al Hikma
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 …
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20 April 02:15 PM AMIS Development secures new funding tranche from Singaporean investor
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 …
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19 April 03:21 PM Aldar Properties, DMT to deliver 9,000 value rental housing units
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 …
The Spine
19 April 11:16 AM TMG Holding launches The Spine in Madinaty with EGP 1.4trn investments
Cairo - Mubasher: Talaat Moustafa Group Holding Company (TMG Holding) has launched The Spine, a landmark mixed-use development within its flagship Madinaty project, with total investment costs exceeding EGP 1.40 trillion. The development scheme …
Aldar
19 April 09:24 AM Aldar secures AED 5bn sustainability-linked facility backed by regional, int'l lenders
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 …
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19 April 08:44 AM Dar Global secures $250m facility from Emirates NBD to back global expansions
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 …
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16 April 02:06 PM Utopia for Real Estate unveils EGP 2/shr dividend for 2025
Cairo - Mubasher: The ordinary general assembly of Utopia for Real Estate and Tourism Investment approved the distribution of EGP 6 million in cash dividends for 2025. The EGX-listed company will pay out a dividend of EGP 2 per share for 3 million …
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16 April 07:15 AM Golden Town injects EGP 8bn investments in Egypt’s NAC
Cairo – Mubasher: Golden Town Real Estate Development has injected EGP 8 billion in new investments into its projects located in the Downtown district of Egypt’s New Administrative Capital (NAC), according to a press release. The investment comes …
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16 April 07:05 AM Amaal collaborates with CITIC Middle East Contracting for AED 1.8bn development project
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 …
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15 April 06:09 PM Al Akaria pens SAR 50m contract with subsidiary Mumtalakat
Riyadh - Mubasher: Saudi Real Estate Company (Al Akaria) has inked an integrated facilities management services contract valued at SAR 50.11 million with its 60%-owned subsidiary, Saudi-Korean Company for Maintenance and Properties Management …
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15 April 05:20 PM Ladun signs MoU with Asbar Capital for SAR 250m development project
Riyadh - Mubasher: Ladun Investment Company has inked a memorandum of understanding (MoU) with Asbar Capital Company to implement a mixed-use real estate development in Riyadh’s Sports Boulevard, Al Munsiyah District. Ladun will serve as the …
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15 April 01:06 PM Tam Development appoints Al Mutrafi as new CEO
Riyadh - Mubasher: Tam Development Company announced Firas bin Ghazi bin Ibrahim Al Mutrafi as the new CEO, effective 15 April 2026. This appointment follows the resignation of the former CEO Abdullah Anwar Mohammed Yousef on 14 April, according …
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14 April 05:59 PM Emirates NBD, Sobha Realty launch home financing for Dubai off-plan projects
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 …
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14 April 03:04 PM Zahraa Maadi unveils distribution date for 2025 cash dividends
Cairo - Mubasher: Zahraa Maadi Investment and Development announced that the payment date of the 2025 cash dividends, according to a bourse filing. The real estate developer will distribute the first installment, valued at EGP 0.10 per share, on …
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14 April 02:05 PM Dubai Properties awards AED 1.1bn contract for Villanova project
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 …
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14 April 11:30 AM Academy of Learning’s unit inks SAR 332m lease deal for Riyadh school complex
Riyadh - Mubasher: Learning Private Schools Company, a subsidiary of Academy of Learning Company, has signed a long-term investment lease agreement valued at SAR 332.44 million to operate an educational complex in Riyadh. The deal marks the …
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9 April 09:56 PM Al Habtoor Group injects AED 5bn investments for commercial tower in Dubai
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 …
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7 April 03:40 PM A Capital’s unit secures franchise deal to expand globally
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 …
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7 April 02:51 PM United Housing’s shareholders pass EGP 0.12/shr dividends for 2025
Cairo - Mubasher: The shareholders of United for Housing and Development (United Housing) greenlighted cash dividends for 2025. The real estate developer will pay out a dividend of EGP 0.12 per share, representing 10% of the share’s par value, …
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7 April 01:04 PM DIG Group eyes EGP 1.4bn in construction investments during 2026
Cairo - Mubasher: DIG Group plans to inject approximately EGP 1.40 billion into its construction operations throughout 2026, aiming to accelerate project completion and maintain delivery schedules. This capital injection will push work across all …