The Green Economy Financing Facility, supported by the EBRD and the European Union, has reached 25,000 households across the Western Balkans. Marking the milestone with a family in Vrčin near Belgrade, the initiative provides loans and grants to improve residential energy efficiency, cut electricity costs, and install clean energy technologies such as solar panels and heat pumps across the region.
Abu Dhabi developer Aldar and Sharjah-based Arada have entered into a landmark strategic partnership worth approximately AED 15 billion. Marking Arada's entry into the Abu Dhabi property market, the agreement involves co-developing a 1.5 million square metre mixed-use masterplan at Seih Sdeirah and acquiring three residential plots on Yas Island to deliver premium lifestyle communities.
Saudi Arabia's RUA AlHaram AlMakki and Rua Al Madinah Holding have signed two strategic collaboration agreements with Brunei's TAIB in Bandar Seri Begawan. The partnership opens investment channels for real estate developments in Makkah and Madinah, including a joint venture within Makkah's King Salman Gate destination with an estimated gross development value of SAR 9.7 billion.
The Dot Group has promoted Jim Sholders to Chief Executive Officer of Yugo USA, completing the integration of Campus Advantage 12 months after its acquisition. Sholders previously served as President from 2025 and brings over 30 years of student housing experience. In his new role, he will drive North American expansion as Yugo targets tripling its US holdings and joins The Dot Group’s global Executive Leadership Team.
A new joint venture between Innovo Build and REDCON Construction has secured a contract exceeding 12 billion Egyptian pounds for Modon Developments' flagship project in Egypt. The alliance will deliver infrastructure and contracting works for the "DP03 East" package at "Wadi Yam" in Ras El Hekma. Spanning 323,000 square metres, the 21-month project includes over 660 residential units, a commercial mall, scenic lakes, landscaping, and road paving.
Britania Public Company Limited, the low-rise housing arm of Origin Property Public Company Limited, has launched eight residential developments in Thailand's Eastern Economic Corridor valued at over 8.8 billion baht. Situated across eastern Bangkok, Chachoengsao, Chonburi and Rayong, the projects offer detached homes, semi-detached properties and townhomes. The expansion targets rising housing demand driven by industrial investment and growing workforce numbers.
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