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Infrastructure and Property

Infrastructure and Property latest

Aldar Increases Its Stake in Aldar Estates, the Region’s Largest Integrated Real Estate Services Company
September 23rd, 2025 - 06:25 GMT

Aldar Increases Its Stake in Aldar Estates, the Region’s Largest Integrated Real Estate Services Company

Aldar has further consolidated its position in the Aldar Estates platform by increasing its ownership to 82.55% following the acquisition of Modon Holding’s 17.45% indirect stake in the business (held through its wholly owned subsidiary ADNEC Group). Through strategic acquisitions and strong organic growth, Aldar Estates has become the region’s largest integrated real estate services company with over AED 3 billion worth of active contracts. The platform manages more than 155,000 residential units, which is a 15% increase in the past two years, and has doubled prime retail and commercial ...
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Al Bawaba
January 7th, 2016 - 09:56 GMT

DAMAC Properties partners with Dubai Land Department to host Urban Thinkers Campus, Dubai

The Address Hotel fire on New Year's Eve was controlled without any fatalities. (File photo)
January 6th, 2016 - 02:00 GMT

Spate of high profile fires raises alarm over UAE fire safety systems

Falling oil prices have cast a long shadow on the GCC construction industry. (File photo)
January 6th, 2016 - 12:41 GMT

International Construction Costs Index: how do MENA countries rank?

Al Bawaba
January 6th, 2016 - 08:00 GMT

UAE's LuLu Group plows $150M into Indian mall, hotel and convention center

Al Bawaba
January 5th, 2016 - 12:46 GMT

Missing in the middle: Egypt addresses middle-income housing gap

Al Bawaba
January 5th, 2016 - 11:03 GMT

Pipe dream now real: phase one of Qatar's ambitious water reservoir project underway

Al Bawaba
January 4th, 2016 - 03:00 GMT

Powerful stuff: GE inks deal for nearly $1B to construct Saudi electric plant

Al Bawaba
January 4th, 2016 - 11:00 GMT

Jordanian MPs seek restrictions on Petra land purchases by foreigners

DAMAC Properties
January 3rd, 2016 - 08:02 GMT

DAMAC Properties’ most awaited promotion back for Dubai Shopping Festival 2016

Al Bawaba
December 30th, 2015 - 08:00 GMT

Kuwaiti developers break ground on Abu Dhabi's $1B Reem Mall

Al Bawaba
December 30th, 2015 - 05:59 GMT

A victory of sorts? Nile dam talks end with agreement on year-long technical study

Al Bawaba
December 29th, 2015 - 02:00 GMT

Despite tensions, Egypt and Russia to sign final Dabaa nuclear power plant contract

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