Saudi Arabia has invested $21.6bn in cultural projects under Vision 2030, with ministers expecting job opportunities in the sector to triple
GCC
Philippines
UAE supermarket chain Spinneys enters Philippines market through Ayala deal
Under the partnership, Ayala Corporation will hold a 60 per cent stake, whilst Spinneys will own the remaining 40 per cent
Etihad Rail
Etihad Rail to connect 11 UAE cities by 2026 with 57-minute Dubai–Abu Dhabi trips
Etihad Rail to connect 11 UAE cities by 2026 with 57-minute Dubai–Abu Dhabi trips
Autonomous vehicles
Robo-taxis to lead $19bn GCC autonomous vehicle market by 2035
Robo-taxis are set to lead the GCC’s $19bn autonomous vehicle market by 2035, with Strategy& projecting strong growth driven by giga-projects and innovation
Dubai Holding
Dubai Holding and Brookfield launch Solaya: 234 luxury beachfront residences in Jumeirah 1
Dubai Holding Investments and Brookfield launch Solaya, a 234-residence beachfront project in Jumeirah 1 designed by Foster + Partners
Dubai
Singapore’s Naumi Hotels makes Middle East debut with Dubai hotel
The hotel was acquired by Naumi Group and advised by SunStar Capital, the family-owned wealth management and asset company founded by Executive Chairman Surya Jhunjhnuwala
UAE announces petrol prices for October
Motorists can refuel at stations across the UAE at the rates that have been approved by the committee
DMCC
DMCC launches Wealth Hub as Dubai Family Offices control $1 trillion in assets
The launch arrives as Dubai-based family offices control over $1 trillion in assets under management
Almasar Alshamil Education
Amanat’s education subsidiary Almasar receives Saudi CMA approval for Tadawul IPO
Advanced negotiations are being led by an alliance that includes prominent Saudi companies, alongside Emirati partners, to acquire the Exhibition Grounds in Nasr City, Cairo, for more than 700 million US dollars
Dubai
Dubai’s Emirates announces new safety rules effective October 1
Emirates cited a “comprehensive safety review” as the reason for the change
Diriyah
Saudi real estate: Diriyah Company launches Jabal AlQurain Avenue to boost entrepreneurship
Diriyah Company launches Jabal AlQurain Avenue with retail, dining, offices and residences, supporting Saudi entrepreneurs and enriching Diriyah’s cultural hub
Ministry of Human Resources and Social Development
Saudi Arabia launches Qiwa initiative to allow legal job transfers
Saudi Arabia’s HR ministry launches Qiwa initiative to correct “absent from work” status, enabling legal transfers to new employers
Air Arabia
Air Arabia takes delivery of first Airbus A320neo, boosting fleet to 84 aircraft
Air Arabia has received its first Airbus A320neo aircraft from its 2019 order of 120 A320 Family planes placed with Airbus
Rail
UAE railway programme to deliver $54.5bn in economic benefits from $13.6bn investment
The UAE’s National Railway Programme will generate $54.5bn in economic benefits from a $13.6bn investment, cutting emissions and boosting transport efficiency
Dubai real estate
Dubai real estate sector recorded $4.5bn of transactions last week, including $22m apartment
The Dubai real estate sector saw $4.5bn of transactions and 4,982 sales last week
Dubai Executive Council
Sheikh Hamdan orders launch of Dubai workforce productivity measurement system
Sheikh Hamdan issues Resolution No. 67 of 2025, ordering the launch of Dubai’s Workforce Productivity Measurement System to boost efficiency
Electronic Arts
Saudi PIF leads $55bn takeover of Electronic Arts in world’s biggest gaming deal
Saudi Arabia’s PIF is leading a $55bn takeover of Electronic Arts with Silver Lake and Affinity Partners, marking the world’s biggest gaming deal