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KONE, a global leader in the elevator and escalator industry, will equip Reem Mall, a world-class retail, leisure, dining and entertainment destination currently being built on Reem Island on the northeast coast of Abu Dhabi in the United Arab Emirates. Reem Island is a planned residential and commercial community commonly referred to as “the new Abu Dhabi”. The island, adjacent to Abu Dhabi’s dense Central Business District and linked to the mainland by 6 bridges, is expected to be home to 200,000 people once the development is complete.

Arada is introducing a new investment opportunity to the Gulf by announcing the launch of Nest, the UAE’s premier integrated student accommodation complex, which will be based at the heart of the developer’s record-breaking lifestyle megaproject, Aljada. The move will enable individual real estate investors to purchase directly in the student housing segment in the Gulf for the first time, an area that has seen major interest in traditional markets such as the United States and Europe.