logo
Emirates Stallions Group Builds on Real Estate Success with Launch of Royal Development Holding - Middle East Business News and Information

Emirates Stallions Group Builds on Real Estate Success with Launch of Royal Development Holding - Middle East Business News and Information

Mid East Info03-06-2025

The new entity will consolidate ESG's real estate development subsidiaries into one focused entity to drive future growth. Launch to strengthen ESG's ability to shape future-ready living spaces in line with evolving market needs and global design trends.
Abu Dhabi, UAE – June 2025: Emirates Stallions Group (ADX: ESG), the leading conglomerate with operations spanning from Workforce Solutions, Real Estate Development, Design & Interiors Manufacturing to Agriculture & Landscaping, and a subsidiary of International Holding Company (ADX: IHC) announced today the launch of Royal Development Holding, a visionary boutique real estate developer aiming to evolve spaces and elevate lives.
As part of its launch, Royal Development Holding unifies a group of specialized real estate development entities including Royal Development Company (RDC) and Royal Architect Project Management (RAPM), while paving the way for the introduction of new companies that will further strengthen its market presence and capabilities.
Building on Royal Development Company's 15-year legacy of trust, excellence and innovation, the launch of Royal Development Holding marks a new era for the Group, enabling it to enhance its presence in the real estate value chain. By adding boutique real estate development capabilities, ESG strengthens its offerings to provide comprehensive, end-to-end solutions that elevate living experiences and support its long-term growth strategy.
Kayed Ali Khorma, CEO of ESG, stated: 'Our subsidiary Royal Development Company has been the trusted force behind managing over 60 iconic projects in more than 15 countries across the globe enriching our expertise in the real estate sector. We are now evolving the Royal Development name and scope of work by launching Royal Development Holding, a visionary boutique developer that will build lifestyle-driven communities to nurture growth, transform the everyday experience, and shape the future of living.'
In today's crowded real estate landscape, developers are racing towards creating integrated, intelligent, and inspiring communities that respond to the changing needs of society, provide futureproof living solutions and foster a sense of belonging.
With Royal Development Holding stepping into the spotlight as a forward-thinking boutique developer, it underlines a solid commitment to shaping ecosystems that offer a blend of functionality, well-being, and sustainability, and creating vibrant developments that shape the future of intelligent and connected living.
Tariq Nazzal, General Manager of Royal Development Holding, commented : 'At Royal Development Holding, we continuously enhance our performance and expand our activities by listing several of the Group's real estate development and project management companies under Royal Development Holding. This is in line with our vision of constant growth and transformation. By integrating innovation, sustainability, and creative design, we will be crafting truly transformational projects that redefine modern living and elevate lifestyles.'
About Royal Development Holding:
Royal Development Holding is a visionary boutique real estate developer launched in 2025 under the umbrella of leading, UAE-based conglomerate ESG Emirates Stallions Group, aiming to evolve spaces and elevate lives. The company is committed to building lifestyle-drive communities that redefine the future of living through excellence, innovation and comprehensive real estate solutions.
About Emirates Stallions Group ESG:
Emirates Stallions Group, a subsidiary of International Holding Company (IHC), is a leading provider of Manpower Supply, Workers & Staff Accommodation solutions, as well as Landscaping & Agriculture, Real Estate Development, Engineering Project Management and associated services to Construction, Development & Hospitality. With this holistic approach, ESG provides public and private entities as well as investors with comprehensive solutions at every phase of the project. Since it was established in 2008, the Abu Dhabi-based ESG has witnessed remarkable growth and expanded its activities to global markets across more than 20 countries in the Middle East, Asia, Africa, Europe, and the Americas. True to its vision to 'Be a leading force in building a resilient future,' ESG has placed itself at the center of the UAE's economic boom, stressing its core values of 'integrating for impact, creativity, adaptability, and driving client success.' With total assets of AED 3.68 billion as of 31 March 2025, the Group is set for phenomenal growth both inside the UAE and abroad.
About IHC:
Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world's largest investment firms, with a market capitalization of AED 879.6 billion (USD 239.3 billion). Since then, it has transformed to represent a new generation of investors. IHC's commitment to sustainability, innovation, and economic diversification spans over 1,300 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more.
IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks and creating results that are often much greater than the sum of their parts.
At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve, making a positive difference with every investment.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Emirates NBD Celebrates World Environment Day 2025 with 'One Community, One Planet, Zero Plastic' Themed Events
Emirates NBD Celebrates World Environment Day 2025 with 'One Community, One Planet, Zero Plastic' Themed Events

Mid East Info

time3 days ago

  • Mid East Info

Emirates NBD Celebrates World Environment Day 2025 with 'One Community, One Planet, Zero Plastic' Themed Events

Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye MENAT region, celebrated World Environment Day, observed annually on 5 June, with 'One Community, One Planet, Zero Plastic', themed events, aligned with the UAE's Year of Community and the United Nations' theme of 'Ending Plastic Pollution'. The events, which ran over the course of a week, aimed to raise awareness, promote sustainable practices and highlight community engagement in environmental stewardship. The week commenced with a thought-provoking webinar led by Maryam Al Mansoori, founder of Rebound, titled 'Recycling in Action: Unmasking the Complexity of Materials for a Circular Economy.' In the session, Maryam explored the complexity of various materials, highlighting ways to enhance awareness and improve efficient recycling practices. Emirates NBD also prioritised impactful sustainability education through a series of staff activations and ESG-themed booths across the Group's three locations. Employees engaged in comprehensive learning experiences, gaining valuable insights into environmental responsibility and sustainable practices in collaboration with partners such as Goumbook, Green Arabia, Switch Foods, SNF, Merint, Enable, and Thrift for Good. Activities included American Sign Language (ASL) sessions and mini Climate Fresk workshops both facilitated by internal staff, along with other workshops designed to deepening understanding of critical sustainability challenges. To encourage participation and reinforce key learnings, staff also enjoyed the opportunity to 'spin the wheel' for prizes and engage in eco-challenges, such as adopting a mangrove tree. Vijay Bains, Chief Sustainability Officer and Group Head of ESG at Emirates NBD said: 'The theme 'One Community, One Planet, Zero Plastic' captures the bank's ongoing commitment to integrating sustainable practices into every aspect of our operations and empowering our employees, customers and the wider community to take meaningful action towards a more sustainable future. At Emirates NBD, we believe that sustainability is not just a responsibility, but an opportunity to shape a better, a more inclusive future for all.' In line with the Year of Community, partner booths showcased the vibrant contributions of local businesses and community organisations. Employees explored plastic-free product alternatives, sampled organic food offerings, and admired inspiring art installations created by students of determination. To further engage employees and raise awareness on critical ESG topics, a fast-paced Kahoot Quiz covered climate change, sustainable finance and global environmental challenges. Participation in multiple activities, aimed at fostering community engagement and learning, made employees eligible for a raffle draw, reinforcing the collective commitment to a sustainable future. About Emirates NBD: Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As at 31st March 2025, total assets were AED 1 trillion, (equivalent to approx. USD 272 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 839 branches and 4,539 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 4.54 billion. Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region. Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE's main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE's Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.

CI Capital Asset Management launches Egypt's first sustainable equity fund
CI Capital Asset Management launches Egypt's first sustainable equity fund

Daily News Egypt

time4 days ago

  • Daily News Egypt

CI Capital Asset Management launches Egypt's first sustainable equity fund

CI Capital Asset Management (CIAM), Egypt's leading asset manager and a Forbes Top 40 firm in the Middle East and North Africa (MENA) region, has launched Egypt's first open-ended sustainable equity fund — the Misr Green – Sustainability (ESG) Fund. This pioneering fund marks a new milestone in Egypt's investment landscape and is available for subscription to both institutional and individual investors, starting Wednesday, 18 June 2025, through CI Capital Fixed Income Brokerage. The fund is designed to invest in sustainability-compliant companies listed on the Egyptian Exchange (EGX), specifically targeting the 30 best-performing stocks that meet stringent environmental, social, and governance (ESG) criteria across a wide array of sectors. The launch reflects CI Capital's strong commitment to supporting Egypt's Sustainable Development Goals (SDGs), while also aligning with global investment trends that favour long-term, risk-adjusted returns through ESG-focused strategies — even amidst short-term market fluctuations. 'This launch marks a new chapter in our mission to deliver innovative, impact-driven investment products,' said Dr. Amr Abol Enein, CEO and Managing Director of CI Capital Asset Management. 'We are proud to be the first asset manager in Egypt to introduce a public equity fund that systematically incorporates ESG principles — in line with global best practices and our internal sustainability framework.' As the first ESG-focused equity fund available via Egyptian banks, Misr Green – Sustainability (ESG) Fund significantly expands access to responsible investing options in Egypt's capital markets. The new fund adds to CIAM's expanding portfolio of tailored investment solutions. In recent years, CIAM has introduced several first-of-their-kind products to the Egyptian market — including the EGX30 Capped Index 'Misr Equity Fund' in 2022, followed by Misr Shariah Equity, which tracks the EGX 33 Shariah Index. These offerings were followed in 2024 by a suite of sector-specific equity funds and a USD-denominated fixed-income fund, further diversifying the firm's product range. CIAM is currently Egypt's largest asset manager, with more than EGP 82bn in assets under management (AUM), the largest number of investment funds and mandates, and the broadest product offering in the country. The firm has earned multiple awards for its leadership in asset management across Egypt, the Middle East, and Africa, and was once again named among the region's Top 40 asset managers by Forbes Middle East in 2025.

Emirates NBD wins record eight awards at Euromoney Awards for Excellence 2025 - Middle East Business News and Information
Emirates NBD wins record eight awards at Euromoney Awards for Excellence 2025 - Middle East Business News and Information

Mid East Info

time12-06-2025

  • Mid East Info

Emirates NBD wins record eight awards at Euromoney Awards for Excellence 2025 - Middle East Business News and Information

Bank wins five regional awards including 'Middle East's Best Bank 2025' showcasing a landmark year of strategic expansion, digital leadership and financial performance • Winner of three UAE awards including 'UAE's Best Bank', 'UAE's Best Bank for ESG' and 'UAE's Best Investment Bank for Equity Capital Markets (ECM)' Dubai, United Arab Emirates,June 2025: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, is celebrating its success at the Euromoney Middle East Awards for Excellence 2025 with eight new wins. Surpassing its 2024 performance at the awards, Emirates NBD has won five regional awards including the 'Middle East's Best Bank'. Recording exceptional financial performance in 2024, Emirates NBD announced net profit of AED 23 billion, up 7%, while credit showed standout growth. Emirates NBD's international operations now account for 31% of total income, reflecting the success of its expansion strategy across the GCC, Asia and Europe. Emirates NBD was also a pioneer in sustainable finance innovation, winning the titles of 'Middle East's Best Bank for ESG' and 'Middle East's Best ESG Deal 2025'. In 2024, the bank issued the world's first sustainability-linked loan financing bond aligned with the updated International Capital Market Association (ICMA) and Loan Market Association (LMA) guidelines, raising USD 500 million. Launching its first sustainable fixed deposit, the bank attracted USD 100 million in inflows. Emirates NBD Capital, the global investment bank for Emirates NBD Group, facilitated more than USD 34 billion in sustainable finance during the year – ranking as a top 12 global coordinator of emerging market ESG-labelled bonds. With an 11% revenue increase from the SME segment, the bank's performance reflected its deep commitment to entrepreneurship, economic diversification and digital innovation, earning the accolade of 'Middle East's Best Bank for SMEs' at the awards. Digitisation continued to underpin Emirates NBD's SME strategy. In 2024, approximately 80% of Emirate NBD's SME accounts were opened digitally, supported by the bank's end-to-end digital customer onboarding journey. Emirates NBD also won the award for the 'Middle East's Best Bank for Customer Experience', having undertaken a comprehensive customer experience transformation over the past 18 months, embedding it across every level of its operations, governance, culture and technology infrastructure, to improve every major customer touchpoint. In parallel, Emirates NBD achieved resounding success at the national level with three awards for 'UAE's Best Bank', 'UAE's Best Bank for ESG' and 'UAE's Best Investment Bank for Equity Capital Markets (ECM) 2025', showcasing asset growth year-on-year of 16% with the bank registering a significant AED 160 billion (USD 43.6 billion) in new loans and maintaining a one-third market share of UAE credit cards. The bank's investment banking arm, Emirates NBD Capital, dominated UAE IPOs, advising on prominent ECM transactions such as the largest grocery retail IPO in MENA for Lulu Retail and the Spinneys IPO, helping attract strong investor demand from various investor categories. Emirates NBD's substantial contributions to sustainable finance were exemplified by its mobilisation of over USD 34.3 billion in sustainable finance, placing it among the top global coordinators for emerging market ESG bonds. Shayne Nelson, Group Chief Executive Officer at Emirates NBD, commented: 'We are delighted to win eight awards this year at the Euromoney Awards for Excellence. Emirates NBD continues to perform and transform as one of the UAE's largest banks and the most profitable financial institution in the region. Through the transition, we endeavour to build deeper connections with our customers by providing immersive experiences. This association, along with our commitment to sustainability, brings deeper loyalty at a time when ESG-centred choices are becoming the norm. As a homegrown financial institution, Emirates NBD prides itself on offering customers unparalleled financial solutions, strengthening our leadership in banking innovation in the country and the region.' The prestigious recognition at the Euromoney Middle East Award for Excellence 2025 is the latest in a series of accolades received by the bank. Emirates NBD was awarded 'Middle East's Best Bank for SMEs', 'UAE's Best Bank for SMEs', 'UAE's Best Bank for Corporates', and 'Middle East's Best Bank for Wealth Management' at the 2024 edition of the Euromoney Awards for Excellence. The bank was also lauded at the 2024 awards by The Banker, namely 'Bank of the Year in the UAE 2024' and 'Best Private Bank in the UAE'. About Emirates NBD: Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As of 31st March 2025, total assets were AED 1 trillion, (equivalent to approx. USD 272 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 839 branches and 4,539 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 4.54 billion. Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region. Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE's main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE's Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store