On January 12, RTA opened a new bridge that offers direct access to visitors to Dubai’s Mall of the Emirates
Latest News
alef group
Sharjah real estate: Alef Group sales climb 30% to $653m in 2024
Developer Alef Group accounted for 25 per cent of the Sharjah real estate sector last year
Dubai
Dubai’s OMNIYAT properties records $800m ultra-luxury sales in 2024
The company captured 37 percent share of transactions in the $10 million-plus apartment segment in 2024
General Entertainment Authority
Saudi Arabia: German music icon Hans Zimmer to reimagine kingdom’s national anthem
Hans Zimmer was also presented with the concept of composing an original piece titled Arabia, which would celebrate the nation’s cultural heritage
Fitness
Affordability a barrier as 92% UAE and KSA residents aspire to improve health
GymNation’s ‘UAE & KSA Health & Fitness Report 2025’ finds over 50% of non-members citing cost as the primary obstacle to joining a gym
Dubai
Dubai commercial property market records 24% jump in growth, rakes in $24.5bn in value in 2024
The office segment emerged as a cornerstone of growth, with 2,972 office sales transactions valued at AED 6.5 billion
crypto investment
UAE secures over $30bn in crypto investments in just one year: Report
With a proactive regulatory framework, the UAE presents investors with a balance between innovation and security
branded real estate
EXCLUSIVE: Dubai’s Samana Developers targets ultra-wealthy with $600mn Elie Saab Maldives hideaway
Nightly rates to hit $8,000 at Elie Saab’s first Maldives resort, as Dubai developer launches $2.3 million pool apartments with invite-only beach villas launching for sale soon
Dubai
Dubai’s Emirates A350 announces India debut; Mumbai and Ahmedabad routes confirmed
The Emirates A350 launch follows operations to Edinburgh, Kuwait, and Bahrain
carbon emission
Dana Gas partners with UK’s Levidian to invest in groundbreaking decarbonisation technology
The new technology will play a critical role in Dana Gas’ commitment to achieve near-zero methane emissions from operated oil and gas assets by 2030
DIFC
DIFC partners with Lloyd’s to boost future talent in insurance sector
The agreement, which envisages a longstanding partnership, will help support development of a talent pipeline into the fast-growing Middle East region
Dubai real estate
Georgia’s Mardi Holding ventures into UAE real estate market
The launch into the UAE market will be facilitated through ZAM Prime Properties
Abu Dhabi
AD Ports Group signs MoU with Egypt to develop major logistics hub in Alexandria Port
The area is set to be one of the largest logistics hubs on the Mediterranean Sea, at Alexandria Port
CBUAE
Paymob secures UAE central bank license for retail payment services
The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions
digital banking
Open banking fuels GCC fintech boom as UAE, Saudi lead regional growth surge
The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in 2023 amidst all the member countries running real-time payment programmes
Saudi ministry of tourism
Saudi Arabia targets 70m tourists a year as it aims for top 7 global destination target
Saudi Arabia is on track to attract 70m tourists annually by 2030
Saudi ministry of commerce
Saudi service sector hit $144bn in 2023
Saudi service trade is an increasingly important sector for the Kingdom