Modon, a developer of iconic projects and experiences in the UAE, has announced that it will cover registration fees for all residential units purchased in March, in recognition of its customers’ trust.
UAE-based Danube Properties has unveiled its first large-scale integrated community - Greenz By Danube - in Dubai, thus marking a major milestone in its expansion into master-planned developments. Featuring villas and townhouses with exclusive sky gardens, it is set for handover in Q4 2029.
Majid Al Futtaim, a leading shopping mall developer and retail and leisure pioneer in the region, said it is deepening its strategic alliance with Alshaya Group, one of the world’s leading brand franchise operators, for a bold new wave of store openings across its regional portfolio.
UAE-based Palma Development has announced that work has been completed on its ultra-premium beachfront residential development - Serenia Living - located on the crescent of Palm Jumeirah. It boasts 226 residences, including two- to four-bedroom apartments as well as one of Dubai’s most exclusive Sky Mansions.
Cenomi Centres, a leading developer of contemporary lifestyle destinations in Saudi Arabia, said it has signed an agreement with Saudi Downtown Company, a unit of the kingdom's sovereign wealth fund PIF, for the leasing and operation of its new flagship destination in the city of Al Khobar.
Bahrain’s real estate market recorded strong growth in transaction activity in 2025, even as prices and rents declined across several segments, highlighting uneven performance across the property sector. The total transaction value jumped 51.6% to BD1.6 billion ($4.2 billion), hitting a new high in over a decade, said an expert.
Nesma Infrastructure & Technology has announced that it has secured a new contract from Saudi Energy for the construction of a 132/33 kV substation in the central region of Saudi Arabia. The scope of work includes engineering, procurement, construction and commissioning of the new substation.
ALEC Holdings, a leading diversified engineering and construction group, mobilised its 1,400+ personnel along with its subcontractors for a major donation drive. The company also distributed 28,500 hygiene care packages to construction workers across its UAE project sites.
Neoterra Developments, a Dubai-based real estate developer focused on creating premium residential communities, has commenced construction of Elmora at Jumeirah Garden City with a groundbreaking ceremony.
Emirates NBD said it has successfully closed $2.25 billion in long-term financing despite a challenging regional and global environment. The transaction includes a $1.75 billion five-year sustainability-linked syndicated term loan and a $500 million five-year Club Commodity Murabaha term facility.
