BusinessLatest Business and Company Updates
Dubai South keeps homes pipeline on schedule
Dubai South is pressing ahead with its 2026 property delivery programme, signalling that long-term housing demand around Al Maktoum International Airport remains strong despite short-term regional uncertainty. The master-planned city and free zone has placed one of its largest residential construction packages of the year, awarding an AED2 billion contract to
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Sammaan Capital Poised for Affordable Housing Push
Sammaan Capital will sharply expand its affordable housing lending operations after Abu Dhabi’s International Holding Company invested $1 billion for a controlling stake, the non-banking lender’s CEO, Gagan Banga, told Reuters. The infusion is expected to accelerate the drive
ADNOC Secures $500 Million AI-Driven Reinsurance Pact
Abu Dhabi National Oil Company has entered an agreement with RIQ to secure over $500 million in risk coverage across the next ten years. The AI-driven reinsurance platform, backed by International Holding Company, will work closely with ADNOC to structure
du Posts Strong Q3 2025 Growth
Dubai-based Emirates Integrated Telecommunications Company PJSC announced that its third-quarter results delivered a 7.9 per cent year-on-year jump in revenues to AED 3.87 billion, underpinned by growth in mobile, fixed and ICT businesses. The company reported an EBITDA of
