Ohana Development and Manchester City F.C. have signed a landmark agreement to launch a multi-billion-dirham residential project in Abu Dhabi. Spanning 1.67 million square metres, ‘Manchester City Yas Residences by Ohana’ will be the first branded residential destination for the football club. Located on the Yas Canal waterfront, the development blends the club’s global identity with luxury architectural design.
BNW Developments has entered a major strategic partnership with China Railway No. 4 Engineering Group Co. Ltd. (CREC4) to accelerate its construction projects in Ras Al Khaimah. The collaboration is valued at approximately AED 1 billion and aims to utilize the engineering expertise of the Fortune 500 subsidiary to deliver high-end waterfront destinations. This move follows the completion of initial site works on several BNW projects and marks a shift into a high-speed execution phase for the developer.
Deyaar Development PJSC has officially started construction on DWTN Residences, a significant new high-rise project in Dubai. The developer held a groundbreaking ceremony to mark the start of the flagship tower. The building will provide 522 residential units including apartments, duplexes and penthouses. A unique Royal Palace will sit at the top of the structure. The project focuses on creating a vertical community with extensive amenities.
Investment firms Gaw Capital Partners and GFH Partners have teamed up to create a dedicated industrial and logistics platform in the UAE. The majority-owned venture by Gaw Capital will target development projects in key industrial zones across Dubai, Abu Dhabi and Ras Al Khaimah. Manrre Developments is set to lead the project execution, drawing on over 40 years of local experience.
Emirates Global Aluminium and Sunstone have announced a $300 million joint venture to build a major anode manufacturing plant in the UAE. Scheduled for construction in 2026, the facility will produce 300,000 tonnes of anodes annually, significantly reducing the country’s reliance on imports. The project marks Sunstone's first manufacturing expansion outside of China and is a key part of the UAE's Operation 300bn industrial growth strategy.
Aldar and Mubadala Capital have officially announced the formation of Aldar Capital, a new investment management platform. The joint venture will focus on connecting global institutional investors, including sovereign wealth funds and pension funds, with high-quality real estate and infrastructure opportunities across the UAE and the wider GCC region.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
