UAE-based Royal Development, a subsidiary of Emirates Stallions Group, has announced the launch of Phase Two of AED1.45 billion ($395 million) Radisson Residences Al Reem Island in Abu Dhabi, introducing its third tower, which features 437 furnished branded homes with a mix of studios and one- to two-bedroom apartments.
Emirates Stallions Group (ESG), a leading UAE-based diversified conglomerate operating across construction and real estate sectors, and subsidiary of IHC, today reported an 8% year-on-year increase in revenue to AED766.69 million ($208.77 million) for the first half, while net profit rose 44% to AED166.30 million.
Emirates Stallions Group, a leading UAE conglomerate operating across construction and real estate sectors, has delivered double-digit growth across key financial indicators. Its revenue for the three-month period hit AED370 million ($100 million), while its net profit recorded a 29% growth.
Royal Development Holding, a premier real estate development firm and a subsidiary of Emirates Stallions Group, has announced the complete sell-out of Phase 1 of its recently launched Radisson-branded residential development in Abu Dhabi.
Royal Development Holding (RDH), a key subsidiary of Emirates Stallions Group, has joined hands with top hospitality major Radisson Hotel Group to unveil its waterfront branded-residential portfolio - Radisson Residences Al Reem Island.
UAE-based Royal Development Holding has entered into a deal with Radisson Hotel Group to develop a premium branded residential project in Abu Dhabi. A major project, Radisson Residences Reem Island is set to redefine waterfront living in the UAE capital.
Emirates Stallions Group, a subsidiary of Abu Dhabi group IHC with key interests in construction, investment and real estate, has delivered solid results for the first nine months with a 36% jump in its net profit, while its revenue soared to AED1.3 billion ($354 million), supported by continued advancement across ongoing development projects.
Emirates Stallions Group, a leading UAE conglomerate, has reported a revenue of AED1.07 billion ($291.35 million) for the nine-month period ended 30 September 2025, up 19% year-on-year.
Royal Development Holding, a boutique premium real estate developer and subsidiary of Emirates Stallions Group, has announced that Mallside Hotel, Curio Collection by Hilton, is expected to open in the first quarter of 2027, with the project now in its final stages of development.