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Majid Al Futtaim to invest USD 3.4 bn in Egypt over five years, marking its first move into housing and hotels
The Emirati group enters residential and hotel development for the first time in Egypt, anchoring Mada City and expanding West…
Adia joins USD 2.34 bn takeover of US grocery-anchored REIT
The sovereign fund is backing Everview in the 115-property investment as it selectively reshuffles its global real estate portfolio
THIS MORNING: L’imad eyes stake in cargo giant + UAE, Oman eye Hafeet Rail trials in 4Q 2027
Plus: A new platform will give Dubai authorities more visibility over their cybersecurity posture
Dubai’s warehousing and retail property market turns more selective as rents rise and new leasing falls
Retail sales are still booming and warehouse rents are rising, but new leasing is falling sharply as occupiers stick with…
Local demand shields retail players as tourist-heavy locations feel the pressure
Sales at tourist-focused retail destinations were down by as much as 50% at the start of the war
MAF posts record EBITDA, with decline in retail revenue on the back of the conflict, eyes Syria for expansion
The firm’s revenue rose 1.4% to AED 17.5 bn as development and malls offset a 6% drop in retail
Space42 inks USD 7 mn autonomous mobility agreement + Apparel Group deepens footprint in Madinah
The spacetech firm is teaming up with South Korea’s Autonomous A2Z
THIS MORNING: Adnoc’s dark-mode LNG shuttle is back + Dragon Oil reportedly eyeing Egypt concession
Dragon Oil is reportedly set to throw its hat in the ring for a stake in an Egyptian gas asset
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