February 20, 2025

Binghatti Holding delivers record revenue of $1.72bn as sales double

In a year marked by 16 new project launches, net profit soared 152% to $500 million, while the revenue backlog tripled to $2.72 billion. Driven by strong demand for luxury properties and successful project launches, Binghatti Holding reported its highest-ever annual sales, reaching AED 11.6 billion ($3.16 billion) in 2024—an increase of 161%. Total revenue surged nearly 200% to AED 6.3 billion...

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