Borsat Al Khaleej Live Support
30/06/2026 09:35 AST
Anan Investment Holding has announced the signing of a Memorandum of Understanding (MoU) with a strategic investor to develop a full phase of the Arabian Hills residential villa project in Al Ain, Abu Dhabi. The disclosure was made through the Abu Dhabi Securities Exchange (ADX).
The agreement covers the development of an entire phase of the Arabian Hills Project, which is designed as a large-scale residential community. The company stated that the MoU was signed to respond to the strong demand and momentum the project has been receiving.
According to the announcement, the partnership aims to accelerate the implementation and completion of the project, ensure the best interests of purchasers and shareholders, and enhance the project's investment appeal. The Arabian Hills Project is envisioned as a fully integrated residential community, offering modern living spaces in Al Ain.
Anan Investment Holding confirmed that the MoU represents a new stage in the project's development and emphasized that it will continue to update the market on any material developments in line with ADX disclosure requirements.
About Anan Investment Holding
Anan Investment Holding is a publicly listed company on the Abu Dhabi Securities Exchange. The firm is engaged in investment and development activities across real estate and other sectors, with a focus on projects that contribute to Abu Dhabi's economic growth. Its portfolio includes residential, commercial, and mixed-use developments, positioning the company as an active participant in the UAE's expanding property market.
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