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AI + Innovation (MENA) 
Infrastructure 
Aramex sets up regional HQ in Riyadh + HK’s Infiniti Capital Management opens Abu Dhabi office
Aramex first announced plans to set up a regional HQ in Saudi Arabia in 2021
Emaar ups its portfolio with AED 96 bn neighborhood developments
The neighborhoods will house a substantial number of high-end villas and townhouses in the city
Earnings season continues: Emaar, Dewa, Salik, Aramex, Dana Gas, Abu Dhabi Aviation, United Arab Bank and Ras Al Khaimah Ceramics
The real estate giant’s revenues stood at AED 26.7 bn during the year, up 70% y-o-y
Up we go
Property prices will moderate slightly on the back of potentially lower interest rates and limited post-handover payment plans
Eagle Hills and Emaar line up investments in KSA’s hospitality sector
Eage Hills is finalizing talks with the wealth fund and plans to announce the details within a month
Stock markets hit AED 3.6 tn market cap in 2023
2024 is also looking bright, with more issuances of fresh paper in the cards
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