BusinessLatest Business and Company Updates
DAMAC sets March pace in Dubai
DAMAC Properties said it led Dubai’s property market by transaction volume in March, reporting sales of 3.12 billion dirhams across 1,106 transactions, a performance that put it ahead of Emaar Properties on 795 deals and Binghatti Holding on 578, according to Property Monitor data cited by the developer. The figures
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Abu Dhabi strengthens energy pipe supply chain
Mubadala Investment Company and Tubacex Group have launched operations at their Abu Dhabi joint venture, bringing a specialised manufacturing platform for advanced Oil Country Tubular Goods into service as the UAE accelerates efforts to localise critical energy supply chains.The venture,
Christopher Aleo Strengthens His Gulf Presence with a New Tourism Investment in Oman
[caption id="attachment_118938" align="alignnone" width="1000"] New York-based iSwiss Hedge Fund announces a major hospitality and real estate development in Salalah. The project highlights growing international investor confidence in Oman and its long-term potential within the luxury tourism sector.[/caption]DUBAI – The Gulf
UAE builders retain financial cushion
UAE property developers are expected to keep construction programmes moving and meet debt obligations over the next 12 months, as strong cash reserves and positive operating cash flow provide a buffer against softer sales, wider payment plans and geopolitical uncertainty.
