Business

RAS AL KHAIMAH, United Arab Emirates, Aug 21 (Bernama-BUSINESS WIRE) — Ras Al Khaimah is undergoing an extraordinary real estate transformation, positioning itself as one of the UAE’s most dynamic property markets. This momentum is fueled by the progressive vision of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah. The Emirate is reshaping its...

BNW Developments is driven by a philosophy of building with vision and purpose. Leadership here isn’t about hierarchy, but about fostering ownership, innovation, and entrepreneurial thinking across the team. This culture shapes how BNW challenges convention and delivers projects that balance architectural intent, lifestyle relevance, and long-term investment foresight. Every project in the BNW...

DFM-listed Drake & Scull International (DSI) announced on Tuesday that it secured AED 1.4 billion ($381 million) in new contracts during the first half of 2025. The awards include a flagship AED 1 billion project in the UAE, the AED 215 million North Balqa Wastewater Treatment Plant in Jordan, and a AED 169 million water treatment facility in Maharashtra, India. Alongside these wins, the...

Emaar Properties, Dubai’s largest listed developer, posted a 34% year-on-year rise in first-half net profit as strong property sales and diversified revenues fuelled growth. Net profit from January to June climbed to Dh10.4 billion ($2.8 billion), the company said in a filing to the Dubai Financial Market. Revenue grew 38% annually to Dh19.8 billion, supported by strong performance across its...

The Abu Dhabi Family, Civil and Administrative Court has ordered an employee of a real estate company to repay Dh437,464 to his employer, along with Dh100,000 in material and moral damages. The company filed a civil lawsuit seeking repayment of the embezzled funds plus compensation, court fees, and legal expenses, after the employee was previously convicted by the Abu Dhabi Misdemeanor Court for...

Dubai, UAE — Barco Developers, a newly established UAE-based real estate firm founded by industry veterans with more than 25 years of experience in real estate, finance, consulting, F&B, and manufacturing, has officially entered the UAE property market. The company plans to deliver over 2 million square feet of low- to mid-rise residential communities across Dubai and Ras Al Khaimah. Leveraging a...

PRYPCO Mortgage has closed one of the Middle East’s largest single-ticket retail mortgage deals, valued at Dhs94.5 million—ranking among the top three mortgage transactions in Dubai’s real estate market over the past five years. Since its launch, the company has arranged Dhs9.67 billion in mortgage transactions up to June this year, cementing its position as one of the fastest-growing mortgage...

Dubai’s property market defied the typical summer lull in July, with rental activity surging as families and professionals relocated ahead of the new academic year, according to Dubai Land Department (DLD) data. The total value of property sales transactions climbed 17% month-on-month to AED 51.67 billion ($14.1 billion), while transaction volumes rose 21% from June and 26% compared to July...

Barco Developers, a newly launched UAE-based real estate firm founded by industry veterans with more than 25 years of combined expertise in real estate, finance, consulting, F&B, and manufacturing, has announced its official entry into the UAE property market. The company plans to deliver over 2 million square feet of low- to mid-rise residential communities across Dubai and Ras Al Khaimah. With a...

The launch of Etihad Rail marks a pivotal moment for the UAE—one that promises transformative benefits for real estate, tourism, trade, and the economy at large. This cutting-edge rail network will redraw the nation’s connectivity map, opening new corridors and reshaping how people and businesses move and interact across the Emirates. Firas Al Msaddi, CEO of fäm Properties, one of the UAE’s...