Dubai’s FIVE Holdings has secured a $460m revolving credit facility to fuel global growth and repay debt early. The group plans to invest $500m over the next two years, expanding in Dubai and Ibiza while moving into the US and Asia.
Aspect Development is expanding its footprint with projects in Abu Dhabi, Athens, and Cairo, strengthening its presence across the Middle East and Europe while reinforcing its commitment to premium and sustainable living.
Hextar Global and Hextar Industries have signed agreements with Inspur Enterprise Cloud Technology of China to roll out AI-driven platforms for agriculture and green building solutions, starting with durian farming and expanding to energy-efficient infrastructure projects.
Beale Infrastructure has unveiled a revised $3.6 billion data centre design in Pima County that eliminates industrial water use and highlights its commitment to sustainable development.
Prime Minister Mark Carney has launched Build Canada Homes, a new federal agency tasked with rapidly increasing affordable housing across the country. Backed by a $13 billion investment, the initiative will deploy public lands, modern construction technologies, and private-sector partnerships to double housing output, reduce homelessness, and restore affordability.
Sobha Realty has achieved a major milestone with the successful issuance of its USD 750 million Green Sukuk, the largest of its kind by a real estate developer globally. Oversubscribed by 2.8 times, the landmark transaction reflects strong investor confidence in the company’s financial stability and sustainability commitments.