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Infrastructure and Property

Infrastructure and Property latest

Modon delivers record first half results, with AED 2.2 billion in net profit and AED 65.4 billion revenue backlog
July 30th, 2026 - 03:12 GMT

Modon delivers record first half results, with AED 2.2 billion in net profit and AED 65.4 billion revenue backlog

Modon Holding PSC ("Modon" or the "Group") today reported record first-half results for the six months ended 30 June 2026, building on the momentum established over the past two years. The Group translated sustained customer demand, disciplined execution and continued operational delivery into record half-year revenue, while maintaining strong profitability and progressing its long-term strategic priorities. Modon also achieved record real estate sales and revenue backlog, underscoring continued demand and securing strong future revenue visibility. Modon’s outstanding start to 2026 reflected the strength of the Group’s diversified platform, with all ...
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Overcoming property market shock, DAMAC Properties awards main contract for Zada project in Business Bay
October 11th, 2020 - 07:18 GMT

Overcoming property market shock, DAMAC Properties awards main contract for Zada project in Business Bay

MENA: Construction Output Growth Forecast for 2020 Cut to -4.5 Percent
October 9th, 2020 - 12:00 GMT

MENA: Construction Output Growth Forecast for 2020 Cut to -4.5 Percent

Azizi Developments’ Riviera Phase 2 reaches 41%
October 8th, 2020 - 10:58 GMT

Azizi Developments’ Riviera Phase 2 reaches 41%

UAE: Union Properties Announces $133 Million Capital Increase Completion
October 8th, 2020 - 06:30 GMT

UAE: Union Properties Announces $133 Million Capital Increase Completion

UAE: Dubai Property Supply-Demand Projected to Start Levelling Off In 2022
October 6th, 2020 - 09:00 GMT

UAE: Dubai Property Supply-Demand Projected to Start Levelling Off In 2022

Nakheel Passes Dh1.2 Billion Sales Milestone for Ready-To-Occupy Family Homes
October 6th, 2020 - 05:13 GMT

Nakheel Passes Dh1.2 Billion Sales Milestone for Ready-To-Occupy Family Homes

Video: Azizi Developments Pioneers Compact Homes
October 5th, 2020 - 11:14 GMT

Video: Azizi Developments Pioneers Compact Homes

Why It's The Right Time to Invest in Dubai's Properties
October 2nd, 2020 - 12:00 GMT

Why It's The Right Time to Invest in Dubai's Properties

Dubai-Based Arabtec Holding to File for Liquidation As Losses Pile Up
October 1st, 2020 - 08:00 GMT

Dubai-Based Arabtec Holding to File for Liquidation As Losses Pile Up

Dubai South: 47% of Ezdubai Is Operational and Under Developent Since Its Launch Last Year
September 28th, 2020 - 12:40 GMT

Dubai South: 47% of Ezdubai Is Operational and Under Developent Since Its Launch Last Year

Azizi Developments’ VCM Pioneers Owner Committees
September 28th, 2020 - 09:48 GMT

Azizi Developments’ VCM Pioneers Owner Committees

Fired Employees Must be Paid Housing Allowance Until They Leave UAE
September 28th, 2020 - 08:10 GMT

Fired Employees Must be Paid Housing Allowance Until They Leave UAE

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