Robo.ai., a Nasdaq-listed technology group building intelligent infrastructure, has announced the groundbreaking of the Phase I of Alif Holding Group Industrial Park at Umm Al Quwain. The first of the park's three planned phases, it will have a designed gross floor area of 8,845 sq m.
Mint Gateway and Alternative Venture Capital, an affiliated company of Abu Dhabi Capital Group, have received In-Principle Approval from the Central Bank of the UAE to establish OMLA Community Bank, which will be headquartered in Umm Al Quwain with planned operations across the UAE.
Anantara Siniya Island Resort and Anantara Residences Sobha Siniya Island have broken ground in Umm Al Quwain, marking a step in the emirate’s tourism and real estate development and strengthening its position as an emerging coastal destination in the UAE.
Sobha Realty has announced the launch of the second residential cluster within its $20 billion Downtown UAQ masterplan. The Sobha AquaCrest is a five-tower cluster featuring one- to three-bed apartments and duplexes which is set for 2029 handover.
