GCC region M&A blazes trail as global deals decline
The GCC has proven to be one of the most kinetic deal markets in the world in 2023, with dealmakers expected to remain active in the near future.
Source: gulfbusiness.com
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Aldar's Q3 group sales rise 99%, marks highest ever quarterly sales
Aldar Group sales during the first nine months reached Dhs19.4bn, up 109 per cent on the back of 11 project launches ytd and strong demand for Abu Dhabi properties
Source: gulfbusiness.com
Markaz: GCC and Global Markets fall as Fed anticipates higher rates for longer
Kuwait Financial Centre “Markaz” released its Monthly Market Review report for the month of September 2023. Kuwait’s All Share Total Returns Index witne
Source: albawaba.com
Nikki Beach Global Announces Waterfront Residences in Ras Al Khaimah, UAE
Nikki Beach Global (‘Nikki Beach’) the international luxury lifestyle and hospitality brand, announced today a partnership to develop three waterfront residential buildings in Ras Al Khaimah. Nikki Beach and Aldar Properties (‘Aldar’), a leading real estate developer, investor, and manager in the UAE, have come together to develop branded residences on Al Marjan Island, which will launch for sale later this year.
Source: hospitalitynet.org
Aldar Estates expands portfolio, acquires FAB Properties
Aldar Estates will now comprise a total of 157,000 residential units under management, prime retail and commercial spaces
Source: gulfbusiness.com