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Union Properties slashes debt + secures new funding
The developer cut its legacy debt to AED 575 mn by the end of 2024, down from AED 1.5 bn…
Union Properties breaks ground on its AED 2 bn Dubai-based development
Plus: Drydocks World opens multi-mn USD expansion facility in Dubai
du, NCTH, Union Properties, ESG 3Q earnings
Du’s bottom line grew 43% y-o-y
Union + Aldar launch new Dubai developments totaling AED 2.91 bn
Union Properties plans to launch two more projects in Motor City, valued at AED 4 bn
e&, ADNH, Alpha Dhabi, and more report 2Q 2024 earnings
e&’s bottom line after federal royalty increased by 25% y-o-y
Taqa, Deyaar, and more companies post 1Q earnings
PLUS: Aghtia, Salama Ins., Union Properties, Julphar, United Foods, and more
FAB, Union Properties report bottom line growth in 1Q 2024, while DAE sees bottom line dip
FAB attributed net income growth to “well-managed expenses and robust asset quality”
DP World, Masdar teaming up on renewable energy systems
The two will look at where to roll out renewable energy solutions over the next three years
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