Miral and Teamlab Announce the Completion of 70 Percent of Teamlab Phenomena Abu Dhabi
Miral, the leading creator of immersive destinations and experiences in Abu Dhabi, and teamLab have announced the completion of 70 percent of the construction of teamLab Phenomena Abu Dhabi. Spanning 17,000 sqm of gross floor area (GFA), the mega-project is making steady progress towards construction, with its reinforced concrete structure fully complete, further to the construction of the artwork spaces. The multi-sensory
Deyaar Eyes JV Route For Abu Dhabi Entry
Dubai-listed developer Deyaar announced on Thursday that it has signed a Memorandum of Understanding (MOU) with Abu Dhabi-based Arady Properties to jointly develop a residential project on Al Reem Island in Abu Dhabi. The main aim of the MoU is to outline the commercial objectives for the project, provide a framework for further negotiations between both companies, as well as explore
Mideast Stocks: Major Gulf Markets Retreat After Wall Street Rally Stalls
Major stock markets in the Gulf fell in early trade on Thursday after Wall Street snapped a long winning streak that had been driven by rate-cut expectations and the Federal Reserve's dovish tilt. Most Gulf Cooperation Council countries, including the UAE, have their currencies pegged to the U.S. dollar and follow the Fed's policy moves closely, exposing the region to the
Aldar Introduces Greener Voyage Programme To Reward Guests For Committing To Sustainable Choices
Aldar Properties PJSC (“Aldar”) is encouraging guests to commit to more sustainable choiceswith the introduction of the Greener Voyage Programme which invites guests to commit to a range of measurable, sustainable behaviours and in-turn rewards their efforts to reduce their environmental impact. The Programme will be launched across all international brands found at the Yas Plaza Hotelsclusteron Yas Island; Crowne Plaza
Over 67mln Visitors Visited Sheikh Zayed Grand Mosque Since Opening
Over 16 years, the Sheikh Zayed Grand Mosque welcomed over 67 million visitors, establishing itself as a prominent global destination. This remarkable achievement is evident through the implementation of various initiatives, programmes, and cultural and religious series, all of which showcase the Mosque's pivotal role in presenting a positive image of Islam. Moreover, the Mosque has solidified its position as a
Deyaar, Arady Properties, Ink Agreement For New Residential Project In Abu Dhabi
Deyaar Development PJSC ("Deyaar"), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), and Arady Properties – PSC, an Abu Dhabi-based real estate company, have signed a Memorandum of Understanding with an aim to establish a joint development project at Al Reem Island in Abu Dhabi. The main aim of the MoU is
Explore And Invest In Thriving GCC Real Estate Market At IPS 2024
The Gulf Cooperation Council (GCC) real estate market is experiencing unprecedented growth, and the International Property Show 2024 (IPS) at the Dubai World Trade Centre, from February 27-29, 2024, is the premier platform for global investors to explore and capitalize on the flourishing market. The GCC real estate market's remarkable growth is further underscored by the projection that its value will
Top 5 Real Estate Trends To Lookout For In 2024, As Revealed By Winning Industry Leaders
Throughout 2023, the UAE’s real estate sector has shown sustained growth and newer consumer preferences, welcoming increased foreign confidence and igniting great opportunities for the future. Property Finder asked real estate’s industry leaders of its esteemed PF Awards to outline the top five property trends to look out for in 2024. More available properties: With a lot of new projects and off-plan
ADIB And Aldar Properties Close AED 1bln Sustainability Linked Financing Deal
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has arranged an AED 1 billion sustainable bilateral facility for Aldar Properties PJSC (Aldar). The financing takes Aldar’s total ESG financing facilities to AED 4.8 billion as the company transitions towards sustainable financing for its projects and investments. The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with
Rotana Concludes 2023 With 74 Operational Hotels And A Bolstered Pipeline Of 50 Properties
Rotana, one of the leading hotel management companies in the region with over 100 properties across the Middle East, Africa, Eastern Europe and Türkiye (MENAT), concludes the year and its third decade of successful operations, with nine property signings in 2023 alongside a healthy pipeline of 50 scheduled openings. Global Expansion and Pipeline In line with Rotana’s target to strengthen its global