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Aldar buys Doubletree by Hilton resort in RAK

  Abu Dhabi / WAM Aldar Properties, through its Aldar Investment business, has announced the acquisition of the beachfront resort, DoubleTree by Hilton Resort & Spa Marjan Island, and an adjacent beachfront development plot for a total consideration of AED810 million. The acquisition adds considerable weight to the company’s hospitality and leisure portfolio, which now has a total of over ...

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NMDC group, James Fisher sign deal on marine, subsea projects

  Abu Dhabi / WAM National Marine Dredging Company Group and James Fisher and Sons plc (James Fisher) signed a memorandum of understanding to collaborate on key projects and opportunities in the oil and gas sector as well as decommissioning, offshore wind and marine civil construction industries worldwide. Combining the expertise, global footprint, scale and capabilities of their subsidiaries, NMDC ...

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Sharjah’s realty deals hit AED11.2b in H1 ’22

  Sharjah / WAM The semi-annual report issued by the Sharjah Real Estate Registration Department (SRERD) revealed that the value of real estate trading during the first six months of 2022 amounted to AED 11.2 billion. The total number of sales transactions amounted to 3,327, with a total value of AED4.1 billion, of which AED3.9 billion were in the city ...

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