The Mercedes AMG World of Performance will span 45,000 square metres across nine floors, with completion expected within this decade.
Lifestyle
Martial Arts
Palms Sports secures $10.9mn multi-martial arts training contract
Will design and execute a two-year programme to enhance the physical abilities and fitness levels of employees of a federal government entity
Doha
Qatar luxury watch, jewellery demand booms as global luxury spending remains flat
Despite its relatively small population, Qatar’s per capita revenue in this sector highlights the country’s strong purchasing power and enduring appetite for premium timepieces and jewellery
Red Sea
Saudi Red Sea Authority to boost marine tourism with beaches and marinas
Saudi Arabia enhancing Red Sea tourism with marinas and improved beaches
Cricket
Dubai’s Sobha Realty signs major cricket partnership with ICC
The partnership reinforces Sobha Realty’s position as a leading global real estate brand
PIF
Saudi PIF-backed SURJ Sports Investment acquires minority stake in DAZN
The partnership aims to strengthen Saudi Arabia as a leading market for sports investments, while capitalising on the significant growth in demand for high-quality sports broadcasting.
Alserkal Avenue
Dubai’s bkry plans major expansion as ‘overwhelming’ demand fuels success
In an exclusive interview with Arabian Business, co-founder and head pastry chef Kameel Rasyid shares bkry’s recipe for success, future plans, and why staying close to your roots is important
financial behaviour
UAE money: Does the new TikTok ‘no-spend’ challenge truly work? Dubai finance experts weigh in
Young professionals are turning to TikTok’s ‘no-spend’ challenge to combat rising costs of living, but is the trend a short-term fix or a lasting solution?
Alcohol
Saudi Arabia 2034 World Cup: ‘Plenty of fun can be had without alcohol,’ Saudi ambassador to UK says
Prince Khalid bin Bandar Al Saud said visitors must respect Saudi Arabia’s culture, stating that currently alcohol is prohibited in the kingdom
Four Seasons
Revealed: The island location four hours from Dubai where the rich carry out secret business deals, meetings
With two locations in Seychelles, the Four Seasons offers exclusivity, ultra-luxury properties and world-class amenities in response to demand from high-net-worth individuals
AW Rostamani
UAE has over 70,000 electric vehicles, targets 25% adoption in 10 years
UAE could have 50 per cent electric vehicles by 2050
airline industry
Dubai’s Emirates covered in Valentine’s Day roses, giant bouquet in viral video
Emirates has also announced its Valentine’s Day programme featuring speciality food, beverages, and entertainment across its flights and lounges worldwide
baseball
Baseball United ties-up with MBC, StarzPlay for broadcast of UAE series
The worldwide footprint of coverage will reach more than 170 countries, and include more than one dozen linear and OTT platforms
creative arts
Riyadh launches Creative District
Riyadh Creative District will be hub for creative minds, industry leaders, and emerging talent
Automobiles
‘We are the main act’: Bentley CEO on upcoming electric launch, Dubai car taste, China risk
Frank-Steffen Walliser suggested a lack of customer demand was the reason why Bentley has yet to launch an electric car
Arabic
Roblox launches Arabic version
Roblox adds Arabic language support as platform sees massive growth in MENA region
Ceer
Saudi EV firm Ceer signs $1.5bn of deals at PIF forum
Ceer provides major localisation boost after signing $1.5bn of EV deals in Saudi Arabia