Oman's United Solar completes $1.6bn funding round
Oman's United Solar has announced the financial close of its previously announced $50 million equity investment from IFC, the private sector arm of the World Bank Group. ...
Oman's United Solar has announced the financial close of its previously announced $50 million equity investment from IFC, the private sector arm of the World Bank Group. ...
Saudi-based Asas Makeen Real Estate Development has signed a framework agreement with two key entities - Middle East Financial Investment and Binaa Altharwat Company - to set up a real estate investment fund for the development of prime land owned by the company in Riyadh. ...
Mabani Aljazeera Holding Group, a leading Saudi construction and investment company, has announced plans to invest in Jabali Towers located at the heart of Tatu City SEZ in Kenya. A premier mixed-use project, it features a mix of studios and one- to three-bed apartments as well as premium amenities. ...
Dubai has announced plans to develop several landmark projects at a total investment of AED18 billion ($4.9 billion), covering infrastructure, culture, trade, investment and urban development, as the emirate seeks to support long-term economic growth and improve quality of life, said a report. ...
Saudi-based Al Ramz Real Estate has joined hands with Oud Capital to set up a new shariah-compliant real estate investment fund with a target size of over SAR1 billion ($267 million). It aims to develop more than 800 residential units on 70,516 sq m of company-owned land in the kingdom. ...
Dubai Residential REIT, the GCC’s largest real estate investment trust, has announced the successful acquisition of 220 townhouses at Jebel Ali Village for AED894 million ($243 million) and their addition to its investment portfolio. The cluster comprises a mix of three- and four-bedroom units in a family-oriented community. ...
Arcapita, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region. ...
New real estate projects worth AED1 trillion ($272.29 billion) will be launched or developed in Dubai within the next five years, says W Capital, a real estate brokerage firm. ...
GFH, a leading Islamic investment bank, has announced that it has sealed a strategic agreement with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform across the UAE and the Kingdom of Saudi Arabia. ...
Oman has signed 10 agreements and memoranda of understanding to establish new projects with an investment value of RO2.9 billion ($7.54 billion) in the Duqm Special Economic Zone, said an Oman News Agency post in X platform....
SAB Invest, the investment arm of Saudi Awwal Bank (SAB), has joined hands with Retal Urban Development Company for the launch of a CMA-regulated real estate investment fund valued at SAR1.9 billion ($502 million). The project will be developed on a 19,000sqm site in Riyadh's Almalqa district. ...
UAE-based Shamal Holding has announced that new assets across its Dubai Harbour and Al Sufouh portfolios have received building completion certificates and are now operational. The latest asset to come online is a multi-storey car park spanning a 31,487 sq m area. ...
A delegation of Dubai Investments has held a high-level meeting with Dr Khalfan bin Saeed Al-Shuaili, Minister of Housing and Urban Planning of Oman, exploring potential investment opportunities in Oman....
Saudi Arabia's Ministry of Municipalities and Housing has developed approximately 6 million sq m of public parks across the kingdom between 2023 and 2025 through private sector investment models, generating an estimated financial impact of SAR2.4 billion ($639 million). ...
Ras Al Khaimah is pushing ahead with its ambitious projects that meet the highest standards of quality and sustainability in a bid to cement its status as a leading global destination for investment, tourism and quality living, said its Crown Prince after reviewing the projects in Mina Al Arab area....
Mace Consult, a leading independent company focused on delivering impactful infrastructure and capital programmes, on Friday announced the completion of the majority private equity investment by Goldman Sachs Alternatives and carve-out from Mace Group....
Aldar Properties has issued a $1.0 billion in subordinated hybrid notes to Apollo Global Management through a private placement, raising additional capital to support its strong growth momentum....
Abu Dhabi's transport authorities have launched a project for the redevelopment of Mussafah and boost its role as a premier industrial and investment hub. The initial phase will focus on revitalising the district’s waterfront, with plans to deliver expansive green spaces. ...
Kuwait's real estate sector has recorded solid growth in FY 2025 with the Q4 property sales reaching record levels, supported by a significant increase in residential sales and robust commercial sales. For the full year, the sales came in at KD4.4 billion ($14.3 billion), said a report. ...
The Middle East and North Africa is outpacing Europe as the second fastest-growing wellness real estate market as global buyers make quality of life their main investment goal. The Mena market is expanding at just over 22% annually just behind Latin America–Caribbean (24%), said a report. ...