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Partnership Forms Between Modon and Candy Capital for Luxury Estates
Abu Dhabi's Modon Properties has announced a strategic joint venture with Candy Capital to develop a luxury real estate portfolio aimed at affluent buyers. This collaboration reflects the growing demand for high-end living spaces in the United Arab Emirates, particularly as the market rebounds from the impacts of the global
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Steel Sector Forecasts Growth as Demand Set to Rebound in 2025
A positive outlook for the US steel industry has emerged, with experts anticipating a significant rebound in demand by 2025. After struggling with lackluster demand and low prices, steel manufacturers are optimistic that the economic revival will drive a surge
Omniyat’s $500m Sukuk Debut Signals Investor Confidence in Islamic Debt Market
Dubai-based developer Omniyat has successfully launched its inaugural dollar-denominated sukuk, upsizing the issuance to $500 million from an initial target of $400 million. The offering attracted robust investor interest, with the order book reaching $1.8 billion, allowing the company to
Etihad Airways Achieves Record $476 Million Profit in 2024 Amidst Robust Passenger Growth
Etihad Airways has reported a record net profit of $476 million for 2024, marking a significant milestone in the airline's financial performance. This achievement reflects a more than threefold increase from the $143 million profit recorded in 2023. The surge
