UAE's Burjeel Holdings maintains $272mln expansion plan, with the openings due in 2027
Zawya · Anoop Menon ·
Despite lower growth capex in the first nine months of 2026, CFO Reuben Joseph says the expansion is on track, with rising capital work-in-progress reflecting ongoing project development
UAE-listed Burjeel Holdings is maintaining its medium-term capital expenditure target of 1 billion UAE dirhams ($272 million), with new facilities planned across the UAE and Saudi Arabia, Chief Financial Officer Reuben Joseph said.
UAE's Burjeel Holdings maintains $272mln expansion plan, with the openings due in 2027
Despite lower growth capex in the first nine months of 2026, CFO Reuben Joseph says the expansion is on track, with rising capital work-in-progress reflecting ongoing project development