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ENBD REIT reports US$21 million net income in 2023

Emirates NBD Real Estate Investment Trust (ENBD REIT), the Shari’a-compliant real estate investment trust managed by Emirates NBD Asset Management, reported a slight decline...

Arada raises $400 million through sukuk

Dubai Arada Developments LLC, a Sharjah-based developer of mixed-use communities, said it has successfully completed the issuance of its second public financing deal, a US$400...

Sharjah’s real estate records Dh4 billion in May 2024

Staff Report Dubai, UAE Sharjah’s real estate trading volume soared to Dh4 billion in May 2024, a staggering 135 percent rise from Dh1.7 billion in April,...

Drake & Scull writes off Dh4.1 billion debt to resume operation

Staff Report Dubai, UAE Drake & Scull International, one of the largest Mechanical, Electrical and Plumbing (MEP) contractors in the GCC, said the company's Board has...

Arada funds 757 homes for Kenyan refugees

Staff Report UAE, Dubai Arada's 'Home for a Home' initiative, in collaboration with The Big Heart Foundation (TBHF) and UNHCR, the UN Refugee Agency, has built...

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