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
ADIB And Aldar Properties Close AED 1 Billion Sustainability Linked Financing Deal
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
Mideast Stocks: Major Gulf Bourses End Mixed On Rate Cut Hopes, Red Sea Tensions
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%
ADIB, Aldar Properties Close $272.2mln Sustainability Linked Financing Deal
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 Partners With Yellow Door Energy To Provide 34 Megawatts Of Solar Power To Properties In The UAE
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