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.

‘Wadeem’ sold out for $1.49bn

Wadeem sold out within 72 hours of launch. (WAM)
  • The strong interest in Wadeem is testament to individual and investor confidence in our capabilities, said Bill O’Regan, Group CEO of Modon Holding.
  • The launch reinforces Hudayriyat’s position among Abu Dhabi’s most desirable residential destinations, said Ibrahim Al Maghribi, CEO of Modon Real Estate.

Abu Dhabi, UAE — Modon has said it sold out Wadeem on Hudayriyat Island within 72 hours of launch, generating sales of AED 5.5 billion ($1.49 bn).

The sales place Wadeem as 2025’s highest-valued real estate release in Abu Dhabi to date.

Bill O’Regan, Group CEO of Modon Holding, said, “As demand for high-quality real estate in prime locations grows, Modon continues to strengthen its position as a trusted name in shaping vibrant, people-centric destinations. The strong interest in Wadeem is testament to individual and investor confidence in our capabilities in delivering exceptional residential communities.”

Ibrahim Al Maghribi, CEO of Modon Real Estate, said, “The response to Wadeem and the value of sales generated are an outstanding achievement, representing a significant milestone in realizing Modon’s vision for Hudayriyat Island. The launch reinforces Hudayriyat’s position among Abu Dhabi’s most desirable residential destinations, offering unparalleled quality, lifestyle, and diversity of choice for future residents.”