ADGM has announced upcoming rule changes for firms in Abu Dhabi
Industries
Abu Dhabi
NMDC Energy secures $1.14 billion EPC contract in Taiwan
In partnership with sister company NMDC Dredging & Marine, it will design, construct, and install marine pipelines for Taiwan Power Company
Abu Dhabi
Coldplay in Abu Dhabi: British Rock Band’s concert drives record tourism numbers, says new report
For 2025, Abu Dhabi’s Zayed Sports City Stadium will host a British alternative rock band Coldplay for a four-night residency
Saudi Arabia
SHUAA Capital announces $137mn sale of Saudi hospitality portfolio to Sumou Holding
The portfolio comprised three prime hospitality properties strategically located in Riyadh, Jeddah, and Dammam
Aviation
India’s IndiGo announces discounted tickets for international, domestic travel in ‘Getaway Sale’
Tickets under the promo sales will be available with fares starting from $52.36 for international travel and $13.95 for domestic travel
Dubai Investments
Dubai’s Globalpharma unveils 2025 plans with 25 new product launches
The new product launches are in a range of therapeutic areas, including diabetes, cardiovascular, gastroenterology, and orthopaedics
Saudi Arabia
Saudi Arabia becomes MENA region’s first country to roll out TikTok STEM feed
It is seen as the social media giant’s move to foster a combination of entertainment and education
Dubai
ZāZEN Properties’ The Hub Residences reports 100% sales in its first week of launch
95% of the company’s new product, the Townhouse apartments, were sold on the first day, setting a new benchmark in Al Furjan
Aramex
Aramex partners with Admiral Mobility to deploy its first electric trucks
The initiative aligns with Aramex’s strategy to pioneer sustainable logistics solutions for its clients
Artificial intelligence
Cisco reveals tech trends for 2025; praises MENA region for AI readiness
The US-based company calls the Middle East “a hub of innovation, with rapid adoption of AI, cloud, cybersecurity, and smart city initiatives”
delivery services
GCC quick retail market to see $15bn rise as Noon, Careem, Talabat and Super Apps change tack to gain consumer wallet shares
The sector is expected to see players increasingly shifting their business models to embrace multi-verticality
Ajman
Ajman real estate transactions soar 102% to $621m in December
The Ajman real estate sector sees incredible uplift of more than 100 per cent in December
Central Bank of Saudi Arabia
Saudi Central Bank awards licence to SEULAH ALAWLA microfinance firm
Saudi Arabia issues licence to 63rd finance company
Aviation
Saudi airline flyadeal announces 5 new routes, plans expansion to Pakistan
Flyadeal launches new domestic routes and reveals expansion to Pakistan in February
Dubai Duty Free
Dubai Duty Free announces 2 millionaires to start 2025
Dubai Duty Free prize draws celebrate new millionaires
music in saudi arabia
A new soundtrack for Saudi: Paul Pacifico on the future of music in the kingdom
The Saudi Music Commission has the task of creating a powerful music ecosystem in the Kingdom, with the support of the creative and commercial innovator Paul Pacifico
Dubai real estate
Dubai real estate sales pushed to $63bn in H2 as one area show 35% price increase – but will they rise in 2025?
Dubai real estate enjoyed a record year in 2024, as off-plan sector took market to new heights, but will prices continue to soar?
