developers

Kristal Baku returns to profit but liabilities exceed assets

The developer earned AZN 8.25 million in 2025, while its balance sheet showed negative equity of AZN 40.16 million at the start of 2026.

Poolside to shut down its AI chat service on 31 October

Poolside Chat will shut down on 31 October. Users are being directed to downloadable models that can run on their own infrastructure.

Dubai Expects Record Housing Handover in 2026

In 2026, Dubai may see about 55,600 residential units handed over – the most since 2008. Meanwhile, new launches have declined and construction pace lags behind plans.