Blog

India, Feb 24:  Nisus Finance, a leading player in urban infrastructure and real estate finance, has further strengthened its UAE real estate portfolio with an investment of approximately INR 247 crore (AED 100 million) in residential apartments at Majan, Dubai.

The investment was made through the Nisus High Yield Growth Fund. With this transaction, the total investment by the fund in the UAE has crossed USD 145 million (530 million AED), having already surpassed US$120 million on the previous deal itself. The transaction is part of Nisus Finance’s planned USD 500 Million fund deployment in partnership with global institutions and family offices, dedicated to the UAE real estate market. This announcement comes just two months after Nisus Finance acquired Lootah Avenue at Dubai Motor City INR 545 Cr in December 2025. 

Commenting on the investment, Dr. Amit Goenka, Chairman & Managing Director, Nisus Finance, said: Majan represents a compelling opportunity within Dubai’s evolving residential landscape. The investment is anchored by a Grade A, newly developed asset, fully occupied with a strong tenant profile and attractive rental yields, and offering uninterrupted views facing Al Barari. Featuring modern amenities and a well-balanced mix of studio, one- and two-bedroom residences, the project reflects disciplined asset selection and structured execution. It further underscores growing institutional confidence in the UAE real estate market and Nisus Finance’s commitment to robust governance under the DIFC regulatory framework. 

“The fund continues to attract leading institutional fund managers, family offices, and UHNI investors across GCC and India, further expanding its international capital base.”

This marks Nisus Finance’s 4th investment under its fund for property investment. 

Dubai’s real estate historic milestone in 2025, when total transactions exceeded Dh917 billion (US$250 billion) across 3.11 million deals- a 7% increase in volume, driven by a 24% rise in the number of investors to 193,100, according to the Dubai Land Department.

Majan is a mixed-use community in Dubai Land, covering approximately 1.45 square kilometres and strategically positioned along Sheikh Mohammed Bin Zayed Road with convenient access to Downtown Dubai, Business Bay, and Dubai International Airport. Planned as a self-contained urban hub, Majan balances residential, commercial, retail, and leisure components, with around 32 % of land allocated to residential use, 44 % to retail and commercial activities, and 24 % to leisure and cultural facilities, creating a well-rounded community structure. 

The built environment is dominated by mid-rise apartment complexes that offer affordable housing with modern amenities, appealing to families and working professionals seeking value and connectivity. Competitive rental rates, together with proximity to nearby schools, supermarkets, healthcare facilities, and retail outlets, have supported a steady increase in occupancy and end-user appeal, with multiple projects completed and additional schemes under development. 

Commenting on the investment, Mr. Amit Kumar Jhunjhunwala, Director & Chief Investment Officer Said, “This investment marks the fourth residential real estate deployment in the UAE, further strengthening our presence in the country and taking the total investment outlay by the Nisus High Yield Growth Fund within a remarkably short timeframe. This milestone reflects not only disciplined capital allocation and strong on-ground execution, but also the deep trust placed by our investors and stakeholders in our high-yield growth strategy. Our continued momentum underscores the fund’s ability to identify scalable opportunities and consistently deliver value in high-growth markets”

Chandigarh, Feb 24: Aparna Enterprises’ Vitero Tiles, one of India’s leading tile manufacturers, inaugurated its state-of-the-art manufacturing plant in Morbi, Gujarat. The new unit will primary cater to the diverse needs of customers in North and West India, offering competitive pricing and an extensive range of designs and elements. This strategic expansion marked by an investment of INR 150 crores solidifies Aparna Enterprise’s commitment to strengthen its market presence and become a major player in the national tile market.

The new Morbi plant has a total manufacturing capacity of 7.2 million square meters per annum and will contribute nearly 40% of Vitero Tiles’ overall production, substantially strengthening its manufacturing scale and regional supply capabilities. The ultramodern Morbi facility manufactures Vitero’s complete portfolio including vitrified tiles, full body tiles, and all major ceramic tile categories under one roof. Combined with the company’s existing manufacturing facility in Kakinada, Andhra Pradesh, Vitero Tiles’ total annual production now stands at approximately 18 million square meters per annum, positioning brand as one of the largest tile manufacturer of the country and significantly enhancing its ability to cater to growing market demand across regions.

India ranks as the world’s second largest producer, consumer, and exporter of ceramic tiles after China, accounting for nearly 11-15% of global production and about 10.9% of worldwide consumption, while the Indian ceramic industry overall holds an estimated 14% share of global ceramic tile production. Domestically, the tiles market reached ₹531 billion in FY25, growing from ₹360 billion in FY19 at a CAGR of 6.7%, and is projected to expand further to ₹769 billion by FY29, registering a CAGR of 9.7%. With its expanded manufacturing capacity and strengthened regional presence, Vitero Tiles is well positioned to leverage this growth momentum and further reinforce its standing within the industry.

“The inauguration of our Morbi plant marks a pivotal moment in Vitero’s journey,” said Mr. Ashwin Reddy – Managing Director of Aparna Enterprises Ltd. “The Indian tile industry is brimming with potential, and we at Aparna Enterprises are excited to be at the forefront of this growth. The Morbi plant signifies a crucial step towards achieving our vision of becoming India’s leading tile brand and a major player in the global market. With this expanded capacity and unwavering focus on innovation, we are confident Vitero Tiles will continue to set the benchmark for design excellence and quality in the years to come.”

Commenting on the industry, Ms Aparna Reddy – Executive Director of Aparna Enterprises Ltd), stated:

 “The addition of the Morbi facility significantly enhances our production scale and supply responsiveness, allowing us to address increasing demand across multiple high growth regions. Its location improves logistical reach to northern, eastern and western markets while supporting our established presence in southern territories, enabling us to expand distribution efficiently and explore promising international markets”.

With the inauguration of the Morbi plant, Aparna Enterprises’ Vitero Tiles is poised for sustained growth. The company sources raw materials from its own mines to ensure consistent quality, and processes them through advanced facilities that provide complete manufacturing control. This integrated approach, combined with a strong focus on design innovation, product quality, and portfolio depth, reinforces Vitero Tiles’ ambition to emerge as a leading tile brand in India and a major player in global markets.

Abu Dhabi, UAE – 24 February 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry, and logistics solutions; and Nimex Terminals today marked the groundbreaking of the UAE’s first private-sector Liquified Petroleum Gas (LPG) terminal hub at Khalifa Port, reinforcing the nation’s position as a global energy logistics and trading hub.

 Announced in November 2025 in parallel with the LNG terminal hub development, the LPG terminal hub is being developed to accommodate large, long-haul gas carriers and will deliver large‑scale refrigerated storage and marine handling infrastructure for propane, butane, and LPG mix products.

 The development will further strengthen the UAE’s role in facilitating global LPG flows between major production centres and high‑growth demand markets across Asia, Africa and Europe.The facility will expand Khalifa Port’s energy infrastructure capabilities to meet the evolving demands of international energy trade.

 Saif Al Mazrouei, CEO, Ports Cluster – AD Ports Group, said: “The Nimex LPG terminal exemplifies the type of high‑quality strategic infrastructure investment that strengthens the port’s energy ecosystem and reinforces its position as a leading regional and international gateway. This development reflects a shared commitment to disciplined execution, operational excellence, safety and long‑term value creation.”

 Phase 1 of the development will comprise two full‑containment refrigerated storage tanks of 50,000 and 67,000 cubic metres for propane and butane respectively, together with four mounded LPG bullet tanks with an aggregate capacity of 21,000 cubic metres for mixed LPG products. A similar expansion is planned under Phase 2, bringing total terminal capacity to approximately 280,000 cubic metres.

 The project also includes the construction of dedicated LPG jetties with a 16‑metre depth, enabling efficient berthing and handling of large‑scale LPG carriers and supporting seamless maritime trade flows. Phase 1 is expected to be commissioned within 36 months from the commencement of construction.

 Azmat Mahmood, Chairman – Nimex Terminals, said: “Today’s groundbreaking represents a defining milestone for Nimex Terminals. Our vision is to build a resilient, world‑class LPG logistics platform that connects global supply with regional demand through Abu Dhabi. We are proud to work alongside AD Ports Group in delivering strategic infrastructure that supports trade growth, enhances energy connectivity, and underpins the UAE’s role as a trusted global energy hub.”

 The terminal will be developed and operated in accordance with the highest international standards for safety, environmental stewardship, and operational excellence. Safety has been embedded into the project from inception, with full-containment tanks and mounded LPG bullet storage selected to enhance protection, mitigate risk, and ensure long-term operational reliability.

 The Nimex LPG terminal will strengthen regional energy security and storage resilience, providing traders and industrial users with enhanced flexibility and optionality, while supporting the continued growth of Khalifa Port as a multi‑commodity gateway. The project reflects growing private‑sector investment in advanced energy infrastructure aligned with the UAE’s long‑term trade and logistics ambitions

Ras Al Khaimah, Feb24: Ras Al Khaimah Economic Zone (RAKEZ) marked the groundbreaking of a new 5,839 m² warehousing facility by Indu, a multi-industry-focused logistics and warehouse solutions provider, at Al Hamra Industrial Zone.

The ceremony was attended by senior RAKEZ representatives, including Ian Hunt, Chief Experience Officer; Alia Rabbani, Key Accounts Director; and Mohamed Ismayil, Senior Manager – Key Accounts.

The new development will deliver advanced warehousing solutions with a projected capacity of 12,000 m³. Designed to serve fast-moving consumer goods (FMCG), hotel supplies, and food supplies, the facility will primarily support the F&B sector across the Northern Emirates by providing specialised storage solutions.

Scheduled for completion in the fourth quarter of 2026, the project forms a key part of Indu’s broader expansion strategy to evolve into a multi-industry-focused logistics provider, capitalising on Ras Al Khaimah’s accelerating economic growth and rising demand across key sectors.

Commenting on the milestone, Kush Kishore Lakhani, Managing Director at Indu, said, “Indu has always followed the ‘Build It and They Will Come’ approach. This strategic investment reflects the notable rise in activity across Ras Al Khaimah and the growing demand for advanced logistics solutions, particularly in the FMCG and F&B sectors. By establishing this facility, we are strengthening our footprint in the Northern Emirates and positioning ourselves to support the region’s continued economic and tourism-driven growth. The proactive support we received from RAKEZ, from application to construction permits, has been instrumental in helping us stay on track and execute this investment with confidence.”

Ramy Jallad, Group CEO of RAKEZ, added, “Indu’s investment reinforces Ras Al Khaimah’s position as a growing logistics and distribution hub serving key sectors across the Northern Emirates. As demand rises across FMCG, hospitality, and food supply chains, scalable warehousing infrastructure becomes increasingly vital. At RAKEZ, we remain committed to providing investors with the industrial land, streamlined processes, and end-to-end support needed to accelerate their growth and deliver long-term value to the wider business ecosystem.”

The facility’s development comes amid sustained expansion in Ras Al Khaimah’s tourism and hospitality sectors, further strengthening the emirate’s supply chain capabilities and enhancing its industrial ecosystem.

LAS VEGAS, NV – Feb 24 – Xwatch Safety Solutions, part of Hexagon, a leader in excavator safety systems, and RodRadar, developer of the field-proven Live Dig Radar (LDR), today announced the industry’s first safety-grade solution for preventing underground utility strikes. The integrated system, set to be demonstrated at ConExpo-Con/Agg 2026 (March 3-7, Las Vegas), automatically stops excavator bucket movement when subsurface utilities are detected during active excavation, making RodRadar’s Zero-Strike vision a reality.

Underground utility strikes remain among the most persistent safety and financial challenges in construction. In the United States, one to two strikes occur every minute, with over 400,000 incidents reported annually, costing the economy approximately $30 billion each year and contributing to thousands of injuries and hundreds of fatalities over the past two decades.

Nearly 50% of strikes occur because utilities were not located or were mis-located, and in 64% of incidents the buried infrastructure was more than two feet outside the marked area.

RodRadar’s AI-driven Live Dig Radar digging system uses the first-ever ground-penetrating radar (GPR) embedded directly in an excavator bucket to detect underground utilities in real- time, during excavation, without reliance on pre-project utility data. Through the RodRadar- Xwatch integration, LDR detected utilities trigger an automatic bucket stop via Xwatch’s safety- grade hydraulic control system to prevent it from hitting the utility.

The integration represents a fundamental step in excavation safety. The approach is analogous to the automotive industry’s evolution from Advanced Driver Assistance Systems (ADAS) that merely warn drivers, to autonomous emergency braking that actively prevents collisions: the integrated system takes direct action, delivering what RodRadar terms Stop-Before-Strike (SBS), while operators retain override capability.

Xwatch Safety Solutions brings long-standing experience in safety-grade excavator control to this partnership. With over 6,500 systems installed worldwide, the company is a global leader in excavator safety technology, providing height and slew control through proportional hydraulic intervention. Acquired by Hexagon AB in April 2024, Xwatch operates within Hexagon’s Safety, Infrastructure & Geospatial division, alongside Leica Geosystems and IDS GeoRadar.

“RodRadar has solved the detection problem during excavation,” said Dan Leaney, Director of Sales at Xwatch Safety Solutions. “By integrating their Live Dig Radar technology directly into our safety-grade hydraulic control, we can physically stop the machine before a strike occurs. That’s the difference between warning about a risk and actually preventing it.”

“Xwatch’s proven track record in safety-grade hydraulic control makes them an ideal partner to bring our Zero-Strike vision to reality,” said Yuval Barnea, VP of Sales and Marketing at RodRadar. “The integration further closes the safety gap, transforming LDR detections into automatic strike prevention and delivering the industry’s first-ever SBS solution. We envision this to be recommended and mandated by leading industry stakeholders, project owners, and contractors.”

Construction safety remains a critical industry concern, with 1,075 fatalities recorded in U.S. construction in 2023, the highest figure since 2011; struck-by incidents account for approximately 15.4% of those fatalities. The integrated solution aims to establish Zero-Strike Excavation as the new industry standard, with the potential to become mandated on job sites where underground utilities are present.

Gurugram, Feb 24:  IMT Manesar, largely recognised as an industrial backbone, is quickly evolving into one of the city’s most promising residential micromarkets. Manesar, which is spread across more than 1,750 acres and is home to more than 400 operational industrial units, including industry titans like Hero MotoCorp, Mitsubishi Electric, Maruti Suzuki, and DENSO, creates more than one lakh jobs and keeps drawing in cutting-edge manufacturing and logistics companies. Haryana Chief Minister Nayab Singh Saini recently declared that the state government’s proposal for a 500-acre amusement and entertainment complex in Manesar puts the NCR on track to become the site of India’s first theme park in the style of Disneyland.

From Industrial Nucleus to Residential Magnet

Manesar provides smooth regional connectivity thanks to its advantageous location near NH-8, the Kundli-Manesar-Palwal Expressway, the Dwarka Expressway, and the Gurugram–Pataudi–Rewari Road. It is anticipated that the forthcoming Manesar Metro Station, which will be part of the Gurugram-Manesar corridor, will further connect the area to the wider NCR network.

Professionals in Manesar’s industrial and logistics ecosystem are increasingly choosing to live closer to their places of employment as infrastructure speeds up. This change reflects the transformation of Gurugram’s well-known thoroughfares, such as Dwarka Expressway, Southern Peripheral Road, and Golf Course Road—once peripheral, now premium.

Rising Demand for Low-Rise Independent Floors

Low-rise, standalone floor developments, as opposed to high-density high-rises, are defining Manesar’s residential growth. The preference is obvious:

·         More seclusion and privacy

·         Rights to the terrace and basement

·         Living in a low-density community

·         Greater cross-ventilation and larger carpet areas

·         A harmony between tranquil surroundings and urban conveniences

Entrepreneurs, mid- and senior-level industrial professionals, and second-home buyers seeking value growth in a developing corridor are driving demand.

Developers Signal Long-Term Confidence

The entry and expansion of reputed developers underline Manesar’s growth trajectory. Large-scale investments by leading players in the larger Gurugram region indicate strong institutional faith in evolving micro-markets beyond traditional hotspots.

With land availability, improving infrastructure, and proximity to upcoming logistics parks and the Inland Container Depot, Manesar is positioning itself as the next integrated live-work ecosystem of NCR.

JMS Group: Introducing a New Benchmark

Developers Express Long-Term Confidence

Reputed developers’ arrival and growth highlight Manesar’s trajectory of development. Significant institutional faith in developing micro-markets outside of conventional hotspots is demonstrated by the sizeable investments made by leading real estate firms in the broader Gurugram area.

With its growing infrastructure, land supply, and close proximity to the Inland Container Depot and future logistics parks, Manesar is establishing itself as the NCR’s next integrated live-work ecosystem.

Pushpender Singh, Founder & MD, JMS Group says “IMT Manesar is no longer just an industrial destination — it is emerging as a vibrant residential ecosystem driven by infrastructure, employment, and connectivity. At JMS Group, we believe low-rise independent floors represent the future of aspirational yet practical living. With JMS Group The Majestic, our vision is to offer thoughtfully designed homes that combine privacy, elegance, and long-term value in one of Gurugram’s fastest-evolving corridors.”

Prospects for the Future: Emerging Micromarket

·         The ongoing expansion of industry

·         There are plans for metro connectivity.

·         Fortifying the network of Expressway

·         Growing centers for commerce and logistics

·         Reasonably priced admission in contrast to central Gurugram

Similar to how Golf Course Road and SPR changed over the past ten years, IMT Manesar is gradually becoming an independent urban node.

ElOuazzani will lead Censys’s expansion and position it as the region’s trusted internet intelligence partner, along with Rajaee Al-Dalgamouni and Ahmed Ehlayel

Dubai, United Arab Emirates, 24 February 2026: Censys, the authority for internet intelligence and insights, has appointed Meriam ElOuazzani as its first dedicated Vice President for the Middle East, Turkey, and Africa (META) region. In her new role, Meriam will lead the company’s end-to-end regional growth strategy, including revenue expansion, partnerships and ecosystem building, as well as establishing the organization’s position as the default external attack surface intelligence layer for organizations across the region.

“We are delighted to welcome Meriam ElOuazzani as Vice President for the Middle East, Turkey, and Africa. This deepens our investment in a region where Censys has established strong momentum and is strategically positioned for accelerated growth,” said Sarah Ashburn, Chief Revenue Officer at Censys. “Meriam’s proven track record of scaling cybersecurity markets across META, combined with her deep regional insight, makes her the right leader to grow our market presence and meet rising demand for trusted internet intelligence.”

 With over two decades of extensive experience in cybersecurity and enterprise technology, Meriam ElOuzzani has consistently built and scaled markets across the region, assembling the teams, channel ecosystems, and marketing blueprints. Her career trajectory reflects her strong regional leadership through her roles as Senior Regional Director at SentinelOne, where she established the regional go-to-market operation and multiple leadership roles at VMware across MENA, strengthening the channel, security, and distribution networks to accelerate growth. She has also led the Regional Product Sales for Mobility across the Middle East at Cisco Systems. At Censys, Meriam will focus on expanding strategic partnerships across government and enterprises, including channels, MSSP, and hyperscaler alliances, to scale efficiently across diverse markets.

“The META region is at an inflection point in cybersecurity maturity. Across the Middle East, Turkey, and Africa, governments and commercial organizations are moving beyond perimeter defense and demanding real-time threat detection and operational visibility into their digital footprint,” said Meriam ElOuazzani, VP META, Censys. “Over the past two decades in this region, I’ve witnessed firsthand how the right intelligence transforms the security operations entirely. Censys’s internet intelligence platform equips security teams with authoritative, real-time insight into exposure and adversary activity, replacing assumptions with actionable confidence. My mission is to establish Censys as a trusted partner across META, enabling the shift from reactive defense to proactive intelligence.”

Censys helps security teams identify exposures, monitor changes, and detect threats before they are exploited by continuously mapping internet-facing assets, services, and critical infrastructure. Its platform enables governments and enterprises to make confident decisions by delivering accurate, comprehensive insights into their digital footprint.

Recognized for pioneering internet-scale attack surface mapping and advancing ICS/OT threat intelligence, Censys has earned industry acclaim and built strong partnerships across the cybersecurity ecosystem globally. In the Middle East, Censys has already partnered with Rilian Technologies to bring its internet intelligence and ICS/OT capabilities to sovereign nations and critical infrastructure. With this new appointment, the company is further reinforcing its commitment to supporting national cybersecurity priorities and driving long-term regional growth.

As part of the regional expansion plans, Censys has also appointed Rajaee Al-Dalgamouni as Regional Sales Lead (META) and Ahmed Ehlayel as Solutions Engineer at Censys to strengthen the regional team under Meriam’s leadership.