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Modon Holding Achieves $272 Million in Sales for Reem Island Project on Launch Day
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Modon Holding Achieves $272 Million in Sales for Reem Island Project on Launch Day

Modon Holding, a listed company based in Abu Dhabi, successfully sold out its freehold residential project on Reem Island, generating approximately Dh1 billion, or $272.3 million, on the day of the launch. This two-tower waterfront development is strategically located near the Abu Dhabi Global Market (ADGM), enhancing its appeal to potential buyers. The swift sale...

Abu Dhabi's Modon Partners with Elsewedy to Develop Ras El Hekma Industrial Zone, Creating 20,000 Jobs
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Abu Dhabi’s Modon Partners with Elsewedy to Develop Ras El Hekma Industrial Zone, Creating 20,000 Jobs

Abu Dhabi’s Modon Holding has partnered with Egypt’s Elsewedy Industrial Development to develop a new industrial zone at Ras El Hekma, which is expected to generate 20,000 new jobs. This collaboration was formalized through a letter of intent (LOI) aimed at building and operating the industrial zone that will support the larger Ras El Hekma...