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Want a penthouse? Give us a AED 1 mn check
High-end projects have been seeing plenty of demand amid an influx of ultra high net-worth individuals
Abu Dhabi will develop more than 10 vertiports as part of eVTOL commercial rollout
Plus: New AED 3 bn development coming to Al Marjan
Samana Developers gears up for its maiden sukuk issuance + eyes an IPO in 2026
Samana claims to hold around a 4% share of Dubai’s property market
THIS MORNING: IHC is not looking to sell a stake in Aldar + Adnoc eyes expansion abroad through Adnoc Distribution, AIQ
Plus: Islamic banks’ revenues to get a boost from recently launched retail T-sukuk initiative
Emaar plans another big-ticket investment in Egypt
Plus: Space42 makes Thuraya 4 satellite globally available
THIS MORNING: AED 170 bn in roads, transport upgrades + Emirates NBD to launch open offer for RBL Bank in December
Plus: UAE has invested over GBP 20 bn in the UK, double its original pledge
HNWI exodus draws Bentley Reid to DIFC
Plus: Snoc finds more gas at Al Hadiba
Office rents climb up to 35% y-o-y in Dubai and Abu Dhabi in 3Q amid high demand
An influx of new tenants and existing ones looking to expand continued to drive demand
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