Kuwait’s economy is recovering amid higher oil production and robust non-oil growth, while the real GDP contracted by 2.6% in 2024, driven by Read More
Dubai jumped to fourth place globally, up from 14th last year, as real home prices rose more than 50% in five years — the Read More
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Aldar Acquires Modon Holding’s Stake in Aldar Estates
Abu Dhabi-based leading real estate developer, manager, and investor Aldar Investment on Tuesday said that it has further consolidated its position in Read More
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Companies
GCC
Mergers and Acquisitions
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Arada Acquires 75% Stake in UK’s Regal Real Estate Developers
Arada Chairman Sheikh Sultan bin Ahmed bin Sultan Al Qasimi attended the signing of a transaction in London that marked Arada’s Read More
Saudi Arabia’s economy maintained its upward trajectory in the first half of 2025, with real GDP growing by 3.6%, driven by non-oil activities, Read More
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GCC
Mergers and Acquisitions
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OCI Global and Orascom Construction Plan Merger
OCI Global and Orascom Construction on Monday said that the two companies were pursuing a potential merger (Combination), to establish a scalable Read More
DenizBank, Emirates NBD’s Turkish unit which it acquired in 201, in collaboration with the European Bank for Reconstruction and Development (EBRD), the Read More
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Divestments
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ADIA May Divest Its Entire Stake in Singapore’s PLQ
Abu Dhabi Investment Authority (ADIA), the UAE’s state-owned investor which owns 70% of the Singapore’s Paya Lebar Quarter (PLQ), is planning Read More
