The Saudi Authority for Industrial Cities and Technology Zones (MODON) recorded strong performance in 2025, attracting a total investment of approximately SAR30 billion ($8 billion), a 25% growth over the previous year.
Leading Abu Dhabi developer Modon has announced the complete sell-out of Tara Park, a residential development on Reem Island, with the project generating AED2 billion ($544 million) in sales. It comprises six residential towers with 834 apartments across one-, two-, and three-bedroom layouts.
Modon, a premier Abu Dhabi-based real estate developer and urban planner, has released the final phase of its Tara Park residential project on Al Reem Island. A freehold development, the project features six residential towers connected by a shared podium that will deliver a total of 834 apartments.
The UAE’s leading industrial platform, Make it in the Emirates, will hold its fifth and largest edition yet, from May 4 to 7 at ADNEC Centre Abu Dhabi.
ORA Developers is boosting its UAE presence with the acquisition of an additional 4.8 million sqm of land from Modon Holding in Ghantoot, an area located between Dubai and Abu Dhabi. This land buy will take its footprint to 9.6 million sq m with a total AED30 billion ($8 billion) in project investment.
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.
Modon, an Abu Dhabi-based real estate developer, has announced the launch of Tara Park, a centrally-located residential freehold development on Reem Island featuring a range of residential towers that offer one- to three-bedroom apartments along with premium amenities.
Saudi Authority for Industrial Cities and Technology Zones (Modon) has entered into a deal with a venture of Buhur Investment Company and Jindal Saw Company, for the establishment of a carbon steel pipes manufacturing plant with an annual production capacity of up to 350,000 MT.
The World Advanced Manufacturing & Logistics (WAM) Saudi Summit & Expo 2026, officially concluded after three days of high-impact sessions, strategic collaborations and innovative showcases, highlighting the Kingdom’s ongoing industrial transformation led by the Saudi Vision 2030 agenda.
Saudi Authority for Industrial Cities and Technology Zones (Modon) has announced the signing of deals worth over SAR1.03 billion ($274 million) with leading players in the industrial and logistics sectors. These cover localisation of pipe manufacturing, boosting national supply chain readiness as well as downstream industries.
