BUSINESSSEMAFOR
UAE developer Arada seeks funds for Gulf real estate
UAE-based Arada launched Arada Capital, a fund management arm aiming to raise $5 billion in four years, chaired by Prince Khaled bin Alwaleed. The fund will focus on Gulf real estate and later infrastructure, providing new capital amid cautious investor sentiment post-Iran war. Arada's project pipeline is valued at $35.4 billion across 11 projects in Australia, the UAE, and the UK.
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