Construction & Real Estate

Indian group Nisus buys key residential tower in Dubai Motor City

India-based Nisus Finance Services Company has acquired a prime residential building in Dubai Motor City for AED221 million ($60 million). Completed in 2021, the Lootah Avenue is a fully occupied freehold development featuring 273 residential units and other amenities. ...

Construction & Real Estate

TAQA sells 100% stake in lignite-based power plant in India

TAQA, one of the largest listed integrated utility companies, has divested its 100% stake in TAQA Neyveli Power Company Private Limited to MEIL Energy Private Limited for a sale consideration of INR9.26 billion (approximately $104.65 million)....