The company expects total revenue of up to $13.6mn for creating 3,100 new parking spaces; Project starts from this month
Latest News
Abu Dhabi
Refreshed ‘Oasis by ADNOC’ to feature elevated food and beverage options
The relaunched identity modernises the brand, and central to this update is the introduction of the ‘On-the-Gourmet’ concept
Dubai real estate
Dubai real estate hits $36.2bn in Q3 2025 as property deals surge 60.8%
Dubai’s property market hit $36.2bn in Q3 2025, with deals soaring 60.8 per cent year-on-year, driven by population growth and global wealth inflows
Italy
UAE-Italy trade hits $6.5bn in H1 2025 as exports surge 19%
Italy’s exports to the UAE rose 19 per cent to $4.9bn in H1 2025, with full-year trade expected to surpass $9.8bn, driven by industrial technology
Ministry of Finance - Saudi Arabia
Saudi Arabia unveils $350bn 2026 budget plan
Saudi Arabia’s 2026 pre-budget projects $350bn spending and $305bn revenues, with 4.6% GDP growth forecast and a 3.3% deficit
Dar Global
Saudi real estate: Dar Global and Trump Organisation launch $1bn Trump Plaza Jeddah
Dar Global and The Trump Organisation will launch Trump Plaza Jeddah, a $1bn mixed-use project with residences, offices and a Central Park-inspired design in Saudi Arabia
Arab film industry
Saudi Arabia unveils $180m fashion and film funds
Saudi Arabia has launched $180m investment funds for fashion and film, supporting growth in creative industries and advancing Vision 2030 cultural goals
Abu Dhabi government
Abu Dhabi invests $3.54bn to become world’s first AI-native government by 2027
Abu Dhabi to showcase TAMM 4.0 at GITEX 2025 as it scales AI across 40 entities, backed by AED13bn ($3.54bn) investment to build the world’s first AI-native government
Golf
Saudi Arabia opens first island golf course at Red Sea’s Shura Links
Saudi Arabia has opened Shura Links, the Kingdom’s first island 18-hole golf course at the Red Sea destination, blending sustainability with luxury tourism under Vision 2030
Abu Dhabi hotels
Abu Dhabi’s Yas Marina launches UAE’s first floating superyacht holiday home
Abu Dhabi’s Yas Marina has launched the Orchid Overnight, the UAE’s first floating superyacht holiday home, offering luxury stays, suites, and bespoke experiences from $270 per night
Cultural and creative industries
Saudi Arabia invests $21.6bn in culture, jobs to triple
Saudi Arabia has invested $21.6bn in cultural projects under Vision 2030, with ministers expecting job opportunities in the sector to triple
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
