Media archive: KBW Investments and Basma Group co-found UAE-focused developer ARADA

ARADA is a partnership enterprise jointly founded by KBW Investments Chairman HRH Prince Khaled bin Alwaleed bin Talal and Basma Group Chairman HE Sheikh Sultan bin Ahmed Al Qasimi

KBW Investments and Basma Group have announced the formation of ARADA, a partnership enterprise dedicated to the creation of prime residential properties. Headquartered in the UAE, ARADA focuses on “creating communities”, aiming to address the ever-expanding mid-market segment, said a joint press release by the two partner companies. The agreement was signed in Sharjah in December last year between HRH Prince Khaled bin Alwaleed bin Talal, founding Chairman of KBW Investments, and HE Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Basma Group.

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