INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

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.

Shapoorji bags Majid Al Futtaim deal

A key highlight of Tilal Al Ghaf is its central recreational lagoon bordered by white sandy beaches. (Tilal Al Ghaf)
  • The projected date of completion of the projects at Tilal Al Ghaf is mid-2024.
  • A key highlight of Tilal Al Ghaf is its central recreational lagoon bordered by white sandy beaches.

Dubai-based developer Majid Al Futtaim – Communities, a part of Majid Al Futtaim Properties, on Tuesday appointed Indian conglomerate Shapoorji Pallonji International as the main contractor for the construction of its key projects– Aura and Aura Gardens at Tilal Al Ghaf.

The AED799 million ($217.4 million) contract covers the construction of 808 villas set in two distinct neighborhoods. Its projected date of completion is mid-2024.

The Aura neighborhood consists of four-bedroom twin villas with exclusive Sky Suites, while Aura Gardens offers a mix of twin villas with Sky Suites and three-and-four-bedroom townhouses.

A key highlight of Tilal Al Ghaf is its central recreational lagoon bordered by white sandy beaches, in addition to several parks, communal swimming pools and children’s pools, outdoor gyms, and cycling and jogging tracks interspersed by green open spaces.

CEO of Majid Al Futtaim-Communities Hawazen Esber said, “Aura and Aura Gardens are both human-centric neighborhoods that stand as testament to our commitment to deliver outstanding communities where people love to live.”