Icon Hotel has a portfolio of 15 owned and operated properties; Will not affect Modon’s existing hospitality assets outside Icon
Modon Holding
Latest in Modon Holding
Abu Dhabi
Modon Holding forms JV to deliver 54-storey Harborside 4 in Jersey City
Abu Dhabi company has a majority stake in the prime waterfront property which will deliver 800 luxury rental apartments and condos in Q1 2029
Abu Dhabi
Modon Holding invests in the US-based Wellington Lifestyle Partners
The Abu Dhabi company increases its global portfolio with an investment in the development of the Wellington International equestrian showgrounds
Abu Dhabi government
IHC sells 42.54% stake in Modon to Abu Dhabi government-owned L’imad Holding
IHC sells its stake in Modon Holding to Abu Dhabi’s L’imad Holding, unlocking liquidity and rebalancing exposure
Abu Dhabi
Gridora to develop $9.6bn Abu Dhabi infrastructure projects
Gridora signs deal to start development of high-impact transport infrastructure projects in Abu Dhabi
Abu Dhabi real estate
Abu Dhabi real estate: Modon launches townhouse sales in Nawayef Village, Hudayriyat Island
Modon has launched townhouses in the Nawayef Village development in Hudayriyat Island
ADQ
ADQ, IHC and Modon JV Gridora to accelerate infrastructure projects
Platform will collaborate with specialist partners and capital providers to advance the delivery of strategic infrastructure projects
Egypt
Abu Dhabi’s Modon to develop Ras El Hekma industrial zone in Egypt, 20,000 new jobs expected
Abu Dhabi’s Modon and Egypts Elsewedy Industrial Development to create 20,000 new jobs at Ras El Hekma industrial zone in Egypt
Abu Dhabi
Modon Holding to acquire temporary infrastructure giant Arena
Financial details not disclosed; Transaction to be completed by Q1 2025; Facilitates Modon’s entry into North American market
London
Abu Dhabi’s Modon announces major London real estate development
Abu Dhabi firm signs joint venture to develop massive real estate project in London
luxury real estate
Modon Holding completes acquisition of La Zagaleta in Spain
The deal will mark Modon Holding’s entry into Europe’s luxury real estate market
Abu Dhabi
Modon Holding and Hassan Allam Holding to collaborate in Ras El Hekma
The two parties will look at collaborating in construction sector, including infrastructure, energy, and water and wastewater treatment
Egypt
Modon Holding and LuLu team up to expand retail presence in the UAE and Egypt
The two will jointly explore high-potential locations for retail development, implement smart retail solutions and advanced logistics infrastructure
Abu Dhabi
ADNEC Group to expand portfolio with acquisition of Royal Catering
By integrating 2,500 employees and a daily capacity of 50,000 meals, ADNEC’s Capital Catering will become one of the largest in Abu Dhabi
