Property Development

Dubai’s Emaar Development Acquires Land in Ras Al Khor for $790 Million

Emaar Development, a leading real estate giant in Dubai, has announced the purchase of a significant plot of land in the Ras Al Khor area for AED 2.9 billion ($790 million), in addition to associated transaction charges. The acquisition...

RAK Properties Rides Record Sales to $101M Revenue in Q1

Ras Al Khaimah's leading property developer, RAK Properties, has announced a strong start to 2025, reporting a Q1 revenue of AED 370 million ($101 million). This impressive figure represents a 28% increase compared to the same period in 2024,...

Emaar Development’s Profit Climbs 39% – But Did It Soar High Enough?

Emaar Development PJSC, Dubai's prominent build-to-sell property developer, has announced a significant 39% year-on-year surge in its net profit for the first quarter of 2025. The company recorded a net profit of AED 2.36 billion ($642.6 million), a substantial...
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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities

In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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