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Arada is opening its real estate pipeline to outside institutional money for the first time
The move comes after a run of acquisitions and financings that have leaned almost entirely on Arada’s own balance sheet…
THIS MORNING: Korea Inc. could get an Abu Dhabi base + Ajman Bank joins the AT1 party
ADCB updated customers that its main systems are back up and running after days of outages
The UAE’s building boom survives a 25% materials shock — for now
Contractors are absorbing most of the cost increase, while stockpiles and local sourcing help keep projects on schedule
Arab Bank Switzerland opens up in Dubai + Dubai Residential REIT buys AED 894 mn cluster
The private banking group’s DIFC presence will focus on entrepreneurs, family offices, and HNWIs
THIS MORNING: ENBD eyes HSBC’s Turkey operations + Adnoc consults on a possible pricing reshuffle
Good morning, friends. It’s been a quarter of catching our breath, and the markets are finally showing it. UAE equities…
Dubai home prices fell for third straight month in May — but the correction is losing momentum
Apartments posted their first annual price decline in six years as villa communities continue to hold up
Rentify raises more funds, Robo.ai makes an AI acquisition, Enata expands marine manufacturing capacity
The Dubai-based proptech’s latest funding round brings its total raised capital to USD 2.5 mn
MAF, Midar ink USD 3.1 bn+ Mada City partnership
The revenue-sharing project could lift its total development value beyond USD 4 bn once a planned shopping and entertainment destination…
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