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

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, 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

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has arranged a 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 the

Major stock markets in the Gulf ended mixed on Wednesday on prospects of U.S. interest rate cuts in 2024, while worries about maritime trade disruptions in the Red Sea weighed on sentiment. Dubai's main share index added 0.4%, with blue-chip developer Emaar Properties rising 2.1% and top lender Emirates NBD finishing 0.9% higher. The Qatari benchmark gained 0.6%, led by a 1.4%

Abu Dhabi Islamic Bank (ADIB) 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 the UAE Net Zero by 2050

Aldar Properties PJSC (“Aldar”) has partnered with Yellow Door Energy, a leading sustainable energy organisation, to bring solar power to 45 properties across the UAE, supporting the UAE Net Zero by 2050 Strategic Initiative and Abu Dhabi’s 2030 Energy Strategy. The partnership between Aldar and Yellow Door Energy was formalised on the sidelines of COP28, signed by Salwa Al Maflahi, Aldar’s

Aldar Properties has partnered with Yellow Door Energy, a leading sustainable energy organisation, to bring solar power to 45 properties across the UAE, supporting the UAE Net Zero by 2050 Strategic Initiative and Abu Dhabi's 2030 Energy Strategy. The partnership between Aldar and Yellow Door Energy was signed by Salwa Al Maflahi, Aldar's Director of Sustainability and Community Outreach and Rory

Infinity Power, Africa’s largest pure play renewable energy provider, has annnounced that more than 10 countries have joined a first-of-its-kind consortium to deploy 5GW of Battery Energy Storage Systems (BESS) by 2024-end. Infinity Power, a joint venture between Egypt’s Infinity and Abu Dhabi energy company Masdar, targets power generation projects in Africa through renewable energy sources, namely solar and wind, as

EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that it is extending its operations to the United Arab Emirates (“UAE”). This expansion involves joining the Smart and Autonomous Vehicle Industries (“SAVI”) Cluster in Abu Dhabi. Additionally, a long-term strategic partnership has been formed with Wings Logistics Hub, the