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Modon Holding P.S.C has announced that the first phase of its new freehold development, Maysan, on Reem Island in Abu Dhabi, sold out within hours of its launch. This phase includes two districts, Mayar and Thoraya. Mayar introduces stacked maisonettes to Abu Dhabi, while Thoraya addresses the demand for townhouses. The project, open to buyers of all nationalities, covers over 600,000 square meters and is designed with boutique-style living in mind. It features 132 stacked maisonettes and 185 townhouses, highlighting strong investor confidence in Modon's quality offerings. Maysan aims to create a vibrant community with curated lifestyle amenities and will eventually include six residential districts with homes ranging from three to five bedrooms. The development promotes wellness and healthy living, with features like a walkable green spine, community center, and beach and park access. The development targets a diverse range of consumers, including families, professionals, investors, and expats.

Modon Holding P.S.C. announced the complete sell-out of phase one of its new freehold residential development, Maysan, on Reem Island, Abu Dhabi, on the same day of its launch. The first phase includes two districts, Mayar and Thoraya, featuring 132 stacked maisonettes and 185 townhouses. The project is open to buyers of all nationalities and spans over 600,000 square meters, designed with a boutique-style inside/outside living concept. The strong demand for these properties reflects investor confidence in Modon's quality projects. Maysan aims to create vibrant communities and address gaps in the property market, offering diverse lifestyle amenities, a community center, and access to beaches and parks. Once completed, Maysan will consist of six residential districts with homes ranging from three to five bedrooms. Mayar will introduce maisonettes to Abu Dhabi, and Thoraya will offer townhouses with communal gardens and recreational facilities. Interested investors can register for future phases through Modon's website or contact them directly.

Modon Holding PSC announced that its subsidiary, ADNEC Group, has acquired the Business Design Centre (BDC) in London through its 100% owned subsidiary, ExCel London. This acquisition is part of ExCel's investment in the UK's MICE (Meetings, Incentives, Conferences, and Exhibitions) industry, securing a long-term commitment to a historic venue. BDC, originally the Royal Agricultural Hall, hosts numerous events and is known for its extensive event and conference space. The acquisition highlights Modon Holding and ADNEC Group's dedication to the global events industry, enhancing their presence and diversifying their portfolio. Since acquiring ExCel in 2008, ADNEC has expanded its operations and established ExCel as a major European conference and exhibition venue. The acquisition aligns with Modon Holding's strategy to create shareholder value and expand globally, while supporting Abu Dhabi's economic diversification.

ADNOC Drilling Company P.J.S.C. has released a review report and condensed consolidated financial information for the nine-month period ending on September 30, 2024.