Emirates Stallions Group builds on real estate success with launch of Royal Development Holding
Launch to strengthen ESG's ability to shape future-ready living spaces in line with evolving market needs and global design trends.
Abu Dhabi, UAE: Emirates Stallions Group (ADX: ESG), the leading conglomerate with operations spanning from Workforce Solutions, Real Estate Development, Design & Interiors Manufacturing to Agriculture & Landscaping, and a subsidiary of International Holding Company (ADX: IHC) announced today the launch of Royal Development Holding, a visionary boutique real estate developer aiming to evolve spaces and elevate lives.
As part of its launch, Royal Development Holding unifies a group of specialized real estate development entities including Royal Development Company (RDC) and Royal Architect Project Management (RAPM), while paving the way for the introduction of new companies that will further strengthen its market presence and capabilities.
Building on Royal Development Company's 15-year legacy of trust, excellence and innovation, the launch of Royal Development Holding marks a new era for the Group, enabling it to enhance its presence in the real estate value chain. By adding boutique real estate development capabilities, ESG strengthens its offerings to provide comprehensive, end-to-end solutions that elevate living experiences and support its long-term growth strategy.
Kayed Ali Khorma, CEO of ESG, stated: 'Our subsidiary Royal Development Company has been the trusted force behind managing over 60 iconic projects in more than 15 countries across the globe enriching our expertise in the real estate sector. We are now evolving the Royal Development name and scope of work by launching Royal Development Holding, a visionary boutique developer that will build lifestyle-driven communities to nurture growth, transform the everyday experience, and shape the future of living.'
In today's crowded real estate landscape, developers are racing towards creating integrated, intelligent, and inspiring communities that respond to the changing needs of society, provide futureproof living solutions and foster a sense of belonging.
With Royal Development Holding stepping into the spotlight as a forward-thinking boutique developer, it underlines a solid commitment to shaping ecosystems that offer a blend of functionality, well-being, and sustainability, and creating vibrant developments that shape the future of intelligent and connected living.
Tariq Nazzal, General Manager of Royal Development Holding, commented: 'At Royal Development Holding, we continuously enhance our performance and expand our activities by listing several of the Group's real estate development and project management companies under Royal Development Holding. This is in line with our vision of constant growth and transformation. By integrating innovation, sustainability, and creative design, we will be crafting truly transformational projects that redefine modern living and elevate lifestyles.'
About Royal Development Holding
Royal Development Holding is a visionary boutique real estate developer launched in 2025 under the umbrella of leading, UAE-based conglomerate ESG Emirates Stallions Group, aiming to evolve spaces and elevate lives. The company is committed to building lifestyle-drive communities that redefine the future of living through excellence, innovation and comprehensive real estate solutions.
About Emirates Stallions Group (ESG)
Emirates Stallions Group, a subsidiary of International Holding Company (IHC), is a leading provider of Manpower Supply, Workers & Staff Accommodation solutions, as well as Landscaping & Agriculture, Real Estate Development, Engineering Project Management and associated services to Construction, Development & Hospitality. With this holistic approach, ESG provides public and private entities as well as investors with comprehensive solutions at every phase of the project. Since it was established in 2008, the Abu Dhabi-based ESG has witnessed remarkable growth and expanded its activities to global markets across more than 20 countries in the Middle East, Asia, Africa, Europe, and the Americas. True to its vision to 'Be a leading force in building a resilient future,' ESG has placed itself at the center of the UAE's economic boom, stressing its core values of 'integrating for impact, creativity, adaptability, and driving client success.' With total assets of AED 3.68 billion as of 31 March 2025, the Group is set for phenomenal growth both inside the UAE and abroad.
www.esguae.com
About IHC
Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world's largest investment firms, with a market capitalization of AED 879.6 billion (USD 239.3 billion). Since then, it has transformed to represent a new generation of investors. IHC's commitment to sustainability, innovation, and economic diversification spans over 1,300 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more.
IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks and creating results that are often much greater than the sum of their parts.
At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve, making a positive difference with every investment.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Business
2 hours ago
- Gulf Business
UAE, Kuwait ink multiple agreements, includes Dhs9bn naval contract
Imge courtesy: WAM The UAE and Kuwait signed a series of bilateral agreements and memoranda of understanding (MoUs) on Monday, aimed at deepening cooperation across strategic sectors including health, energy, education, and defence, during an official visit by UAE Vice President Sheikh Mansour bin Zayed Al Nahyan, state news agency, WAM reported. The signing ceremony, held at Bayan Palace in the presence of Sheikh Mansour and Kuwait's Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, underscores the two Gulf nations' intent to strengthen economic and diplomatic ties amid evolving regional dynamics. The agreements span a wide range of areas, with key MoUs covering healthcare, infrastructure, investment, social development, energy transition, and AI, as both countries pursue mutual development priorities and enhanced regional integration. UAE-Kuwait agreements signed According to the WAM report, the key deals signed cover sectors such as: Health: MoUs were signed between the UAE and Kuwait's health ministries to boost collaboration in medical services and public health policy. Education: Both countries agreed to expand cooperation in the education sector through a pact signed by their respective ministers of education. Energy and infrastructure: MoUs included commitments to collaborate in land transport, roads, oil and gas, and future energy initiatives such as water and electricity. Technology and industry: A separate agreement focused on industry and advanced technology was signed to support innovation and knowledge exchange. Humanitarian and legal affairs: Joint frameworks were agreed to address human trafficking and legal cooperation, reflecting a shared focus on rights and rule of law. Investment: The UAE's Minister of Investment and the head of Kuwait's Direct Investment Promotion Authority signed an MoU to promote bilateral investment flows. Security and data: Ministries of Interior from both sides inked an MoU on data protection and joint security information-sharing projects. AI partnership initiated, naval contract with EDGE The Kuwait Investment Authority joined the 'Artificial Intelligence Infrastructure Partnership' initiative, which includes global partners MGX, BlackRock, Global Infrastructure Partners, and Microsoft — adding regional backing to the tech-driven project. In a separate defence agreement, Kuwait's Ministry of Defence signed a contract with UAE-based EDGE Group for the procurement of several 'Falaj 3' class missile boats, highlighting deepening defence industry ties between the two states. Representing the largest naval shipbuilding export in the region and one of the highest-value naval export deals globally, the agreement positions EDGE as the prime contractor overseeing the design, construction, trials, delivery, Integrated Logistics Support (ILS), and In-Service Support (ISS) for the vessels. EDGE will also supply ammunition, highlighting its end-to-end defence capabilities. Abu Dhabi Ship Building (ADSB), EDGE's naval arm and the UAE's premier shipbuilder, has been appointed as the build subcontractor. A WAM report quoted Hamad Al Marar, The visit by Sheikh Mansour marks a continued trajectory of close UAE-
Al Etihad
2 hours ago
- Al Etihad
EMSTEEL transforms steel waste into cement in pioneering sustainability project
4 June 2025 23:32 SARA ALZAABI (ABU DHABI)In a regional first, Abu Dhabi-based manufacturer EMSTEEL has converted steel waste into low-carbon cement through a large-scale project, setting new standards for circular economy practices in the industrial marks the pioneering milestone in time for World Environment Day, which is observed on June 5 every to Aletihad, Eng. Saeed Ghumran Al Remeithi, Group CEO EMSTEEL, expressed pride in their team's successful recycling of steel slag, a byproduct of steel-making, into 10,000 tonnes of cement."This initiative is not only technologically significant but also sets a new benchmark for how industrial by-products can be transformed into valuable resources. It affirms the feasibility of industrial circularity and positions us at the forefront of sustainable innovation in heavy industry," Al Remeithi achievement, he added, is a significant step toward EMSTEEL's 2030 climate goals: a 40% absolute greenhouse gas reduction from its steel division and a 30% reduction from its cement division."By incorporating steel slag at scale as a raw material for clinker and cement production, we are reinforcing our commitment to sustainability and creating a practical model for circular industrial operations," the group CEO pilot project also serves as a distinctive example of how the integration of steel and cement operations enhances efficiency while advancing sustainability operations across steel and cement sectors allows companies to innovate, capture emissions reduction, and unlock hidden value at scale, Al Remeithi said."EMSTEEL's model exemplifies how vertical integration can serve as a blueprint for other industrial players seeking to decarbonise while maintaining profitability. It is a strong signal that the future of heavy industry lies in collaboration, resource efficiency, and smart, circular design," he said. Climate GoalsThrough its latest circular economy project, EMSTEEL reaffirms its commitment to supporting the UAE's climate ambitions. "We are dedicated to driving industrial decarbonisation in line with the UAE's goal of a 27% reduction in industrial emissions by 2035 from 2019 levels,"Al Remeithi said. "The group has already made substantial progress in reducing Scope 1 and Scope 2 emissions, as well as emissions intensity between 2019 and 2023. As of 2023, our total Scope 1 and 2 emissions stood at 4.5 million tonnes of carbon dioxide - 23% below the baseline year of 2019. We are also on track to fully power our operations with clean and renewable energy by 2030." Source: Aletihad - Abu Dhabi
Zawya
2 hours ago
- Zawya
President El-Sisi and the United Arab Emirates (UAE) President HH Sheikh Mohamed bin Zayed Meet in Abu Dhabi
Today, President of the United Arab Emirates and Ruler of Abu Dhabi, His Highness Sheikh Mohamed bin Zayed Al Nahyan, received President Abdel Fattah El-Sisi at Abu Dhabi International Airport. Following the reception ceremony, the two Presidents headed to Qasr Al Shatie, where they held a meeting. The two leaders focused on bilateral relations and explored avenues to strengthen ties in a manner that serves the interests and aspirations of the two countries and their brotherly peoples, particularly in the economic, trade, and investment spheres. Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said the meeting discussed regional developments and means of restoring security and stability in the Middle East. The two sides underscored the critical importance of an immediate ceasefire in the Gaza Strip and an exchange of hostages and detainees. For his part, His Highness Sheikh Mohamed bin Zayed lauded Egypt's unyielding efforts since the outbreak of the crisis, in mediating a ceasefire agreement in the Strip, protecting the people of Gaza and striving to alleviate their dire humanitarian suffering. The two leaders affirmed the imperative of delivering humanitarian aid to Gaza in adequate quantities and without impediments, to save the people of the Strip from the dire humanitarian catastrophe. They reiterated the urgency to continue efforts to realize the two-state solution as the only path towards enduring peace and comprehensive stability in the Middle East. The meeting also addressed the situations in Lebanon, Syria, Sudan, Libya, Yemen and Somalia as well as other regional developments. President El-Sisi and His Highness Sheikh Mohamed bin Zayed confirmed the paramount need to protect the security and sovereignty of these countries, thereby achieving their peoples' aspirations for stability and prosperity. Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.
