UAE Developer

Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024

Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024

Developer Union Properties, a well-known company in Dubai, announced a Dh18.3 million net profit for the first quarter of 2024, reinforcing its plans for Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024. This favorable result demonstrates the success of its strong operating plans and cost-cutting initiatives, highlighting the business's triumphant comeback...

The UAE’s Aldar Properties has acquired London Square, its first deal outside the Middle East

Aldar Properties Achieves Milestone with Acquisition of London Square, Expanding Global Footprint

In a landmark move, Aldar Properties, the leading UAE developer, has successfully completed the acquisition of London Square, a prominent UK developer, marking its second significant foreign venture. This Dh1.07 billion deal (equivalent to 230 million pounds) underscores Aldar's commitment to accelerating growth, diversifying revenue streams, and seizing cross-selling opportunities. Visit The Properties...

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