DUBAI / GULF TIME After nearly two decades of shaping thoughtfully designed communities, Takmeel Real Estate Development L.L.C. is entering a transformative new era. With a proven track record of over 100 completed projects across the UAE, this homegrown developer is now unveiling its ambitious development roadmap for 2025 a dynamic pipeline valued at AED 1.5 billion, with AED 550 ...
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ELEVATE & ENNISMORE PARTNER TO BRING $500 MILLION MONDRIAN BEACHFRONT RESIDENCE TO AL MARJAN ISLAND
GULF TIME ELEVATE, the visionary lifestyle real estate brand launched in the UAE by global development firm One Group and Ennismore, the fastest-growing lifestyle and leisure hospitality company, has signed an agreement to introduce the region’s first-ever beachfront Mondrian residences in the UAE. The landmark $500 million project will be situated on the rapidly growing Al Marjan Island, marking a ...
Read More »Line Investments & Property Concludes UAE’s Biggest Summer Shopping Carnival with Exciting Car Giveaways
ABU DHABI / GULF TIME Line Investments & Property SP LLC, the shopping mall development and management arm of Lulu International Holdings Ltd, has successfully concluded the much-anticipated Summer Shopping Carnival, a dynamic month-long festival that transformed the retail experience across 12 malls in Abu Dhabi, Al Ain, and Al Dhafra. The Summer Shopping Carnival offered visitors 31 days of ...
Read More »Babyshop Secures Exclusive Middle East Launch of the Nuna x BMW Collection
DUBAI / GULF TIME Just in time for the summer season, Babyshop announces the exclusive Middle East launch of the Nuna x BMW collection—a collaboration that blends world-class design, engineering, and everyday practicality. Available only at Babyshop stores and online, the limited-edition collection features three premium strollers and two cot options, offering families a sleek, high-performance upgrade to their daily ...
Read More »Dubai real estate highest-ever H1 sales, exceeding AED 326 billion
DUBAI / GULF TIME W Capital ,Dubai’s leading real estate brokerage , announced that the emirate’s real estate market recorded exceptional sales during the first half of this year, exceeding AED 326 billion, amid continued strong momentum and high levels of local and foreign demand. The company’s findings depended on official data issued by the Dubai Land Department, which showed ...
Read More »UAE participates in Third G20 Sherpa Meeting
ABU DHABI / WAM A delegation from the UAE, led by Mahash Saeed Al Hameli, UAE Ambassador to South Africa and the UAE Sous Sherpa, participated in the Third G20 Sherpa Meeting, held in South Africa. The meeting brought together representatives from member states, invited countries and international organisations to assess the progress achieved across various G20 Sherpa Working Groups. ...
Read More »ADNOC Drilling awarded five-year contract for oilfield undefinedservices worth up to $800 million
ABU DHABI / WAM ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) announced today the award of a contract valued at up to $800 million by ADNOC Onshore for the provision of integrated hydraulic fracturing services for conventional and tight reservoirs. The five-year agreement is set to commence in 3Q 2025, marking another significant milestone in ADNOC Drilling’s evolution ...
Read More »SINGAUTO to establish AED100 million smart logistics facility in KEZAD
ABU DHABI / WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group and SINGAUTO, a Singapore-based tech innovator, have announced the signing of a 50-year land lease agreement to establish a state-of-the-art facility in KEZAD Area A (KEZAD Al Ma’mourah). SINGAUTO has committed AED100 million in investments to build a 100,000 square metre advanced facility focused on the development of ...
Read More »Tabreed, CVC DIF to acquire Abu Dhabi’s PAL Cooling from Multiply Group
ABU DHABI / WAM CVC DIF, the infrastructure strategy of leading global private markets manager, CVC, and Tabreed, the world’s leading district cooling company, have entered a partnership to acquire PAL Cooling Holding from Abu Dhabi’s Multiply Group. The transaction, with an equity value of approximately AED3.8 billion, includes three long-term concessions in the Abu Dhabi main island area and ...
Read More »Khaled Al Zarooni.. Youngest Emirati to Obtain DLD Real Estate Brokerage License
DUBAI / GULF TIME Khaled Waleed Al Zarooni, a recent high school graduate, obtained a real estate brokerage license issued by the Dubai Land Department (DLD), making him the youngest Emirati to obtain this specialized certification, known as the “Real Estate Broker Certificate.” This certificate, a celebrated national achievement, marks a milestone in Khaled’s professional and personal journey, as he ...
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