The number of luxury transport trips, passengers and vehicles in Dubai is growing
Industries
Real Estate
BNW Developments, Taj sign major deal to launch luxury residences in Ras Al Khaimah
The project builds on Taj’s previous Wellington Mews developments in Mumbai and Chennai
Invest Qatar
Qatar eyes real estate growth through investor-friendly policies and branded residence developments
Qatar to highlight real estate sector to global investors at MIPIM 2025 in Cannes, France
Dubai
UAE’s ALEC reports 29% growth as Saudi expansion pays off
ALEC has secured several landmark projects in Saudi Arabia, including the Qiddiya Waterpark and Qiddiya Speedpark, as it continues to diversify across sectors and expand its regional footprint
JLL appointed by Pure DC as facility management operator at new Abu Dhabi data centre
Pure’s new campus, its first facility in the UAE, transitioned into live operations at the end of February
Alef
Sharjah real estate developer launches final neighbourhood in $953m Hayyan community
Alef introduces 313 new homes in Sharjah’s Hayyan real estate development
TAQA Water Solutions
TAQA Water Solutions to develop water infrastructure project in Uzbekistan
Estimated to be built for $540mn and serving over 2 million people, it will include a 65km transmission pipeline and a water treatment plant
Abu Dhabi
Mubadala completes stake sale in Calisen
The sale marks the end of a four-year investment cycle during which Mubadala, alongside partners worked closely with the UK firm to deliver strong financial and commercial performance
Amazon Prime
Smiles SuperApp offers Amazon Prime membership at 58% discount
Customers can pay with their Smiles points or through credit cards; 6-month Prime membership available for AED40
Dubai real estate
Dubai real estate developer launches $100m Bellagio community in Jebel Ali
Sunrise Capital announces launch of $100m Bellagio development in Wasl Gate, Dubai
e-gate
Saudi Arabia speeds up airport times with 152 automated e-gates
Saudi Arabia has introduced e-gates at airports in Riyadh, Jeddah, Dammam and Madinah
Aramco
Aramco boss calls for rethink of global energy transition
Saudi Arabia’s Aramco says it is an “illusion” to think traditional energy can be phased out overnight
Abu Dhabi
AIQ secures $340mn contract to deploy agentic AI across ADNOC operations
It will reduce tasks like seismic analysis, geological modelling and real-time process monitoring from months to days
Abu Dhabi
Metal Park launches new AED110mn storage hub in Abu Dhabi’s KEZAD
Metal Park’s new hub will be the world’s first pay-as-you-go solution for the metals industry
Saudi Ministry of Health
Saudi Arabia issues warning over fake sick leave, announces $26,670 fine and jail for violators
Saudi Arabia issues fake sick leave warning, clarifies heavy fines for violators
Dubai
VFS Global relocates Dubai visa center, advises early application during peak season
Ahead of the upcoming summer travel season, VFS Global is encouraging travelers to plan their visa applications well in advance
Russia-Ukraine conflict
Russia-Ukraine ceasefire would have limited impact on UAE banks, S&P says
UAE banks to maintain strong asset quality with central bank rule changes boosting loan coverage ratios, already near 100%