BusinessLatest Business and Company Updates

DAMAC Properties, the UAE-based real estate giant, has ventured into the world of premium travel with the launch of DAMAC Air, a luxury airline designed for high-end tourists seeking bespoke experiences in some of the world’s most exotic destinations. This new venture comes as part of the company’s expansion from

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Arada Developments has turned to the debt markets for financing, following its decision to issue a sukuk bond aimed at capitalising on the construction boom within the Gulf Cooperation Council region. With its credit ratings from Moody’s and Fitch

Dubai-listed Deyaar Development has announced ambitions to achieve sales of nearly AED 2 billion from its Downtown Residences project in Business Bay, CEO Saeed Mohammed Al Qatami confirmed to CNBC Arabia. The mammoth twin‑tower, rising over 110 storeys and reaching 445 metres in height, is

TECOM Group, a key player in Dubai's commercial real estate sector, has committed $93 million to expand its portfolio by developing Grade A office spaces in the new Phase 3 of the Innovation Hub. This project is part of TECOM’s


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