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Kitopi gets USD 50 mn to expand, DAE leases again to Morocco, and NMDC’s dredging backlog gets bigger
Kitopi’s round was led by Singapore-based private credit platform EvolutionX
DFM and ADCB turn in earnings
ADCB saw its net income grow by double digits, while DFM’s net income more than doubled
DIFC’s AED 100 bn expansion could ease pressure on prices elsewhere, experts say
The expansion comes on the heels of another 600k sq ft expansion expected this quarter
Sobha makes AED 50 bn residential play, Sharjah oil firms land Kurdistan supply agreements, Khansaheb snaps up Emsteel vertical, and Al Ghurair makes a new investment
Sobha’s new project will deliver 20k homes, with handovers slated to begin in 3Q 2029
Headwinds are coming for banking and energy stocks, but the DFM and ADX could still have a good year
With banks flat and energy down, the burden of growth falls squarely on real estate
Dubai expands as industrial, commercial space hits near-capacity
The 29 mn sq ft mega-food facility aims to strengthen global supply chains and trade connectivity
The earnings hour is upon us
CBD’s growth was supported by loans exceeding AED 100 bn
Is Dubai’s property market (finally) set for a correction? It’s complicated…
The outlook points to 17.7% villa price growth, 15% office gains, and flat rental growth
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