Clédor, a real estate development and investment firm based in Dubai, plans to invest Dh2.1 billion across its portfolio of projects throughout the UAE, as announced by the company’s CEO. The firm has recently launched Arthouse Residences on Al Marjan Island, which is a branded residential project created in collaboration with Arthouse Hotel NYC and...
Amwaj International, a billion-dollar multinational conglomerate, has acquired an 18% stake in the Dubai-based development firm Cledor. This investment, which values Cledor at $100 million post-money, marks Amwaj’s entry into the thriving real estate market in the UAE. Cledor was founded by industry veteran Omar Gull and has achieved significant milestones within a year, including...