ESG UAE announced that its subsidiary Ideas for Financial and Real Estate Investments has signed a 540‑million‑dirham memorandum of understanding with Spox Investments, spanning 33 years. The agreement sets up a long‑term partnership, including joint real‑estate and financial investment projects. The parties plan to leverage this framework to boost the region’s economic activity.
"We are confident that this partnership will unlock new investment opportunities," said a spokesperson for ESG UAE.
The deal marks a significant step in ESG UAE’s strategy to expand financial markets and attract capital to the Gulf region.