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Abu Dhabi developer acquires marina construction firm as more developers expand infrastructure capabilities amid property boom
Plus: Modon divests stake in Icon Hotel to ADQ
Modon invests in Jersey Tower + Presight to roll out smart infrastructure program in Albania
Modon took a stake in a 54-story residential tower in Jersey city, 75% of which is earmarked for rent
Is the Dubai property correction finally here?
Residential prices are now falling, while commercial assets are still benefiting from post-pandemic demand normalization and limited near-term stock
THIS MORNING: Yachts set to move more easily between Dubai and Abu Dhabi + Scrap metal now subject to VAT reverse charge mechanism
Plus: Construction contracts are up in 9M 2025, and the property boom is still to thank
Modon awards massive construction contract, EGA invests USD 170 mn in German facility, and Depa closes its rights issue
Modon awarded a AED 5 bn contract for Nawayef East and Nawayef West on Hudayriyat Island
Another acquisition for e&’s European arm, AD Ports expands in Pakistan, and Tecom launches a new phase in Dubai Internet City. Plus: ADQ, Gates to invest in AI education for Africa
e&’s acquisition pushes it further into bundled connectivity in Europe, where competition increasingly favors convergence over mobile alone
Gulf investors ♥️stocks heading into 2026, as private equity suffers from “illiquidity premium”
Most investors are demanding the highest returns from private equity compared to other asset classes
Dubai developers still bank on branding even as doubts grow over its value
Karl Lagerfeld has signed a partnership with Aark Developers on a USD 1.4 bn beachfront branded residential project
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