Dubai led broad recovery in GCC markets in April amid easing tensions
Gulf markets broadly recovered in April on the back of a temporary easing of tensions in the region following a ceasefire agreement and the reopening of the Strait of Hormuz
A total of 22.2723% of the total issued shares has been offloaded to Emirates Power Investment, making Dubai Holding group the largest shareholder in the company, the Burj Khalifa developer confirmed on Monday.
The portfolio acquisition comprises a multifamily community in New Jersey, and two senior housing properties in Orange County, California and Long Island, New York.
