Business Development

Las Vegas-based Wynn Resorts unveiled Thursday the first renderings and the name of its planned $3.9 billion casino resort in the United Arab Emirates. The property, described by analysts as “one of the most exciting growth prospects in the gaming industry globally,” will be called Wynn Al Marjan Island and is expected to open in early 2027. The resort will be located on 115 acres on Al Marjan Island,...

Additionally, Abu Dhabi’s off-plan market maintained a positive momentum with 1,345 off-plan sales transactions in Q1 2023. Abu Dhabi's real estate sector has registered solid growth for the first three months with its sales transaction value growing three-fold to hit AED11.602 billion ($3.2 billion) from AED3.633 billion last year, according to industry expert Property Finder. Additionally, Abu...