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DAE to acquire 17 aircraft for $1 bn

This portfolio comprises 100 percent next-generation aircraft

DP World posts record $20bn revenue

The adjusted EBITDA rose by 6.7% to $5.5bn in 2024.

Meraas awards $544m contract

It has been awarded for construction of Design Quarter at d3

Salik 2024 net profit before taxes $348m

The toll operator's revenue increased by 6% to $626 million.

ADNIC okays 45% dividend for 2024

The company achieved its highest ever revenue and net profit.

Meraas awards $544m contract

The contract worth $544m has been awarded to the Arabian Construction Company. (WAM)
  • It includes the first residential community within Dubai Design District (d3), a global creative and design ecosystem.
  • Scheduled for completion by mid-2027, the Design Quarter at d3 comprises a collection of 558 apartments.

Dubai UAE — Meraas, a member of Dubai Holding Real Estate, has awarded a contract worth over AED 2 billion ($544 million) to Arabian Construction Company for the construction of Design Quarter at d3, which includes the first residential community within Dubai Design District (d3), a global creative and design ecosystem.

Scheduled for completion by mid-2027, the Design Quarter at d3 comprises a collection of 558 apartments. These are spread across three buildings – one low-rise and two towering skyscrapers – nestled within a landscaped podium.

This elevated podium serves as a communal area, linking the residential towers to form a social hub for the residents. This will include co-working spaces, an indoor-outdoor gym, pool facilities, barbecue areas and fun-filled zones for children’s activities.