The UAE’s removal from the Financial Action Task Force grey list is an important milestone and its overarching impact would soon be felt across all economic sectors, including real estate, say property consultants, and realty experts. They argue that the long-awaited decision is going to allow for the free flow of capital into the country, especially from high net worth individuals

Alpha Dhabi Holding PJSC (Alpha Dhabi), one of the fastest-growing investment holding companies in the MENA region, and National Corporation for Tourism and Hotels (NCTH), the owner and manager of some of Abu Dhabi’s best-known hotels, have completed a strategic transaction which unites 3 of Alpha Dhabi’s hotel businesses within the NCTH portfolio. Alpha Dhabi has a 36.4% shareholding intoe NCTH,

Global Rail will bring to Abu Dhabi more than 15,000 senior decision-makers, thought leaders, 1,000 delegates and over 300 exhibiting companies from more than 40 countries from October 8 to 10. Under the patronage of Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President, Deputy Prime Minister, and Minister of the Presidential Court, the Global Rail Transport Infrastructure Exhibition and Conference

Abu Dhabi–based Etihad Airways has reported a 46% year-on-year (YoY) growth in traveller numbers for the month of February, during which it flew more than 1.4 million passengers. Etihad stated that the passenger load factor for the month averaged at 89%. “Our year-to-date (YTD) passenger figures at 2.9 million are 40% higher than at YTD February 2023,” Antonoaldo Neves, CEO of Etihad Airways

Abu Dhabi’s leading artificial intelligence firm G42 is partnering with Kenya’s EcoCloud to develop a mega data centre powered by geothermal energy. Located in Kenya's geothermal-rich region, the EcoCloud-G42 mega data centre will have an initial capacity of 100 megawatts, with the potential to build up to 1 gigawatts, the Abu Dhabi Media Office said in a statement on Friday. The agreement

Majid Al Futtaim (“the Group”), the leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, today announced its operational and financial results for the full year 2023. The company demonstrated a resilient financial performance, reflecting its strategic approach to its diverse portfolio of businesses and the strength of its core operations. At year-end 2023,

The UAE has signed a 5 billion euros ($5.5 billion) deal with the Hungarian government to redevelop a neighbourhood in Budapest. Eagle Hills Properties, an Abu Dhabi-based private real estate investment and development company, will partner with the local government in the Hungarian capital to develop an abandoned railway station, Bloomberg reported. The deal signed between the UAE Minister of State for

Abu Dhabi’s largest property developer, Aldar Properties, is expected to start constructing Nouran Living, a boutique mid-rise residential address in Saadiyat Island’s Marina District, in the fourth quarter of 2024. Handovers are anticipated in the fourth quarter of 2027, the Abu Dhabi-listed developer said in a statement. The development will have 372 apartments with prices starting from 750,000 UAE dirhams. Nouran Living has

Alpha Dhabi Holding PJSC (“Alpha Dhabi” or “the Group”), one of the fastest-growing investment holding companies in the MENA region, and National Corporation for Tourism and Hotels (NCTH), the owner and manager of some of Abu Dhabi’s best-known hotels, have completed a strategic transaction which unites 3 of Alpha Dhabi’s hotel businesses within the NCTH portfolio. Alpha Dhabi has a 36.4%

Aldar Properties (“Aldar”) announced today the launch of Nouran Living, a boutique mid-rise residential address in Saadiyat Island’s Marina District, the latest residential and leisure destination that is being activated within the island’s exciting masterplan. The design led development promises aspirational living and marks Aldar’s first residential development in the Marina District, placing residents just a short walk from the leisure