Amwaj International has acquired an 18% stake in Dubai-based development firm Cledor, marking its entry into the UAE’s growing real estate market. The partnership will enable Cledor to attract top talent and manage operational expenses, while Amwaj’s global team and procurement network will accelerate future growth. Cledor is also exploring emerging markets.
PROPERTY
In February 2025, Oman’s real estate transactions decreased by 8.3%, reaching OMR362.3 million, compared to OMR394.9 million in 2024. Legal transaction fees increased, while sale contracts and mortgage contracts decreased.
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Kuwait’s 2025-2026 budget allocates $6 billion for infrastructure projects, including rail, roads, water, electricity, and Mubarak Al Khabeer Port construction, with 5.7 billion in capital spending.
Qatar Development Bank introduces M&A program to support private sector growth and business sustainability, offering integrated solutions, strategic partnerships, and exit strategies, covering up to 70% of advisory costs.
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