Construction & Real Estate

IHC says no plans to sell stake in Aldar Properties

IHC, the Abu Dhabi headquartered global investment company focused on building dynamic value networks, on Thursday reaffirmed that it does not intend to pursue the sale of its shareholding in Aldar Properties....

Construction & Real Estate

Merak Capital in deal to accelerate Saudi smart parking infrastructure

Merak Capital, a Saudi-based investment firm focused on opportunities across multiple industries, has announced a SAR100 million ($26.7 million) strategic investment in Arsann, the kingdom’s leading operator of smart parking and mobility infrastructure. ...

Construction & Real Estate

Dubai Land Department inks strategic deal with Google Cloud

In a major move, Dubai Land Department (DLD) has sealed a strategic collaboration with Google Cloud in bid to help transform artificial intelligence (AI) from a supportive tool into a driving force for investment decision-making. ...