Modon Holding showcased exceptional growth in its financial results for 2024 across its four key sectors: Real Estate, Asset Management, Hospitality, and Tourism & Events.

Modon Holding P.S.C announced yesterday, Monday, February 3, that it has reached a definitive agreement with IHC and TasHeel Holding to acquire Theta Bidco Limited, the owner of Arena Events Group Limited, a global leader in large-scale temporary infrastructure and integrated events solutions.

Modon Holding, an Emirati real estate developer, announced on Friday, January 23, the formation of a 50:50 Joint Venture (JV) with Broadgate REIT Limited, a London-based real estate investment trust, to develop 2 Finsbury Avenue, a 750,000 sq ft project in Broadgate, London.

Modon Holding has announced that it has entered into a partnership with LuLu Retail to develop and operate hypermarkets and other retail facilities throughout the United Arab Emirates and Egypt.

By publishing its financial report, Modon Holding has announced that this holding has recorded a net profit of 8.74 billion dirhams for the first half of 2024.