Thursday 14 November 2024
 
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Banks vie for role in Abu Dhabi property merger

Global banks, including the likes of Goldman Sachs and JP Morgan Chase, are jostling to win the advisory mandate for Abu Dhabi's state-backed merger of its two property developers, a ticket seen opening doors in the wealthy emirate. Ab

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Abu Dhabi firms plan $10bn Jordan project

An Abu Dhabi property joint venture company including Aldar Properties and Sorouh Real Estate said on Thursday it would build a $10 billion development in Jordan. Al Maabar International Investments -- which also includes Reem Investments,

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