ORA Developers is expanding its UAE presence through the acquisition of an additional 4.8 million sq m of land from Modon Holding in Ghantoot, increasing its UAE land bank to 9.6 million sq m.
Modon Holding, international holding company headquartered in Abu Dhabi, delivered exceptional financial performance for the full year 2025 reporting revenue of AED13.8 billion ($3.76 billion) and net profit of AED3.9 billion ($1.06 billion), reflecting a robust operating model and an accelerated execution of its strategy.
Modon Holding, an international holding company headquartered in Abu Dhabi, has announced a new joint venture to deliver Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, US.
Abu Dhabi-based Modon Holding has announced a strategic investment in Wellington Lifestyle Partners (WLP), to deliver a landmark ultra-luxury real estate development in US featuring high-end residences, a boutique hotel and a championship golf course.
L’imad Holding, a company wholly owned by the Abu Dhabi government, has acquired shares in Modon Holding from International Holding Company (IHC) and Abu Dhabi Development Holding Company (ADQ), thus bringing its ownership in Modon to 84.76%.
