Please wait...
GulfBase Live Support
- Bahrain All Share Index closes higher
- Lufthansa shares soar after earnings top estimates
- Most GCC central banks cut key rates; Kuwait holds rates steady
- Central Bank of Oman lower repo rate for local banks by 25bps
- Qatar Central Bank issues treasury bills worth QR 250 million
- Qatar Stock Exchange index closes higher
- Bahrain, UAE central banks cut key interest rates
- UAE investment group MAIR seals Al Reem Island property deal
- Jahez, noon partnership to transform everyday convenience in Saudi Arabia
- Union Properties unveils $544.59m Mirdad in Dubai's Motor City
31/10/2025 07:27 AST
MAIR Group, a strategic investment company focused on grocery retail and commercial real estate in the UAE, has signed a sale and purchase agreement for a land plot located in Abu Dhabi's Al Reem Island, with a transaction value of AED85 million ($26 million).
The deal comes as part of MAIR's asset optimisation programme, through which the group continues to unlock added value from non-core assets and redeploy proceeds toward higher-yielding growth opportunities.
This is its second big property deal. Recently, the MAIR Group had signed a deal with Al Jazira Club to transform surroundings of Mohamed bin Zayed (MBZ) Stadium into a landmark commercial destination.
As per the MoU, the Group's real estate arm, Makani Real Estate, has been allocated 80,000 sq m of land adjacent to the MBZ Stadium and Al Jazira Club. This land will be developed over the long term to create an integrated commercial centre featuring entertainment destinations, personal and healthcare services, with a particular focus on promoting a healthy lifestyle.
The project aims to transform the surroundings of Al Jazira Club and MBZ Stadium into a dynamic and inclusive destination serving all segments of society, it added.
Trade Arabia
| Ticker | Price | Volume |
|---|
31/10/2025
Jahez International Company for Information System Technology, a leading integrated ecosystem of on-demand services in GCC, and noon, one of Middle East's leading digital ecosystem and one of the Kin
Trade Arabia
31/10/2025
Union Properties has launched 'Mirdad', the company's second landmark development and a new benchmark for elegant, connected, and sustainable living in the heart of Motor City.
Valued at AE
Trade Arabia
31/10/2025
Dubai Financial Market (DFM) announced on Thursday its consolidated financial results for the nine months ending 30 September 30, 2025, reporting a net profit before tax of Dh930.8 million (about $25
Gulfnews
31/10/2025
Adnoc Distribution has reported its strongest quarterly earnings since its IPO in 2017, with Q3 2025 EBITDA reaching $319 million, up 15.9 per cent year-on-year, and net profit climbing 21.5 per cent
Khaleej Times
31/10/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, announced the signing of several key Memorandum of Understanding (MoUs) during the Global Health Exhibition 2025 in R
Saudi Gazette
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia