INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

$1.03 billion Dubai housing project unveiled by Sheikh Mohammed bin Rashid

FOR REPRESENTATION PURPOSE ONLY
  • Sheikh Mohammed said providing quality housing for the public remained key to the UAE's plans.
  • A total of 2,000 plots of land will be distributed to Emirati citizens together with 900 ready-made villas.

A total of 2,000 plots of land will be distributed to Emirati citizens together with 900 ready-made villas under AED3.8 billion ($1.03 billion) housing projects in Dubai.

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the projects that also include an AED 500 million integrated complex for small families.

Sheikh Mohammed said providing quality housing for the public remained key to the UAE’s plans.

An integrated complex of half a billion dirhams for small families, and a set of services for beneficiaries, including the possibility of government administration building their own homes, exemptions from government fees, and a reduction in monthly installments for housing loans, Sheikh Mohammed said on Twitter.

“The housing file will remain within our personal follow-up and our goal is to change the shape of residential neighborhoods for citizens in the future to provide the best lifestyle and the best environment for families in the world,” he said.