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Saudi-based Dar Al Majed Real Estate has increased its credit facilities with Banque Saudi Fransi (BSF) to SAR684.5 million, up from SAR550 million, to support the expansion and development of its real estate projects. The amended financing agreement will run until December 31, 2028, according to a filing on Tadawul.
16/03/2026
Abu Dhabi’s construction sector is entering a new phase of growth, driven by advanced technologies, high-value projects, and stronger private sector participation, with active construction licenses surpassing 38,600.
Dubai South maintained its position as Dubai’s top-performing property market in May, recording 1,357 sales transactions worth AED1.6 billion. According to fäm Properties, residential sales in the area have surged 36.4% since late February, driven by strong demand for off-plan developments and growing investor confidence.
