Marriott International has signed an agreement to develop three new hotels in Madinah, Saudi Arabia, marking a significant step in the company’s expansion plans within the Kingdom. This deal is part of a broader strategy to enhance Marriott’s pres…
Spotlight
All stories
Jumeirah Group has announced a strategic collaboration with the Thanda Group to launch two high-end resorts in Africa, marking the luxury hotelier's first major foray into the region. The partnership, combining Jumeirah's renowned brand an…
Nearly 20% of residential properties in Dubai now surpass the $1 million threshold, a new report reveals, highlighting the city's expanding luxury real estate market. This surge, driven by global demand and a growing influx of high-net-worth i…
Qatar has witnessed a notable economic stabilization following the culmination of the FIFA World Cup 2022, with indicators pointing toward a sustainable growth trajectory, as assessed by the International Monetary Fund (IMF). This phase marks a si…
Governor Kathy Hochul's decision to veto legislation proposing a timeline for issuing downstate casino licenses has drawn sharp criticism from stakeholders and lawmakers. The bill aimed to expedite the licensing process for three casino projec…
The UAE economy is seeing rising demand and increasing investor confidence, suggesting a promising growth trajectory for the years ahead. According to reports from prominent sources, the UAE's economy remains resilient, with its non-oil sector…
The Abu Dhabi Global Market (ADGM), a prominent international financial center, has reported a striking 215% increase in its total assets under management (AUM) in 2024, signaling a significant rise in investor confidence and the region’s growing …
Dubai is set to introduce dynamic pricing for both Salik tolls and parking in 2025, a move designed to manage traffic and parking demand across the city. These changes will be part of a broader initiative aimed at addressing growing urban mobility…
Abu Dhabi’s International Holding Company (IHC), a prominent investment firm, reaffirmed its commitment to maintaining investments in Adani Group’s portfolio despite varying market perceptions. IHC’s substantial involvement with Adani has garnered…
Ajmal Perfumes, a leading luxury fragrance house with over 70 years of history, has officially opened its latest boutique at Muscat Duty Free, reinforcing its footprint in the travel retail market. This new location marks a significant step in the…
LoanBook, a digital platform specializing in syndicated loans, has secured pivotal support from Emirates NBD and Mashreq Bank, signaling a transformative shift in how syndicated lending is conducted across the region. This collaboration aims to en…
Ras Al Khaimah has emerged as a leader in global expat rankings, surpassing Dubai in recent surveys evaluating the best cities for expatriates to live. This achievement highlights the Emirate's rising appeal for expats, who increasingly find i…
Etihad Airways has announced plans to launch 10 new routes in 2025 as part of its strategy to increase global connectivity and boost tourism to Abu Dhabi. These new routes are aimed at enhancing the airline's network and provide passengers wit…
HSBC has appointed Mohamed Al Marzooqi as the new CEO of its UAE operations, effective from May 2023. This move marks a significant shift in leadership, as Al Marzooqi takes over from Abdulfattah Sharaf, who now assumes the role of Chairman of the…
Egyptian entrepreneur Naguib Sawiris has unveiled an ambitious online platform dedicated to delivering business and financial news. Positioned as a cutting-edge digital resource, the initiative is expected to cater to a global audience with a spec…
Network International has announced a strategic partnership with Gate To Pay, a prominent Payment Services Provider (PSP) in Jordan, aiming to drive the country’s digital transformation. The agreement, formalized during the MENA ICT forum, is set …
His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, attended the ceremonial launch of DUBAI REEF's phase one deployment plan. This milestone comes after the successful fabrication of the first …
Sheikh Ahmed bin Saeed Al Maktoum has long been a central figure in shaping Dubai’s aviation landscape, steering its growth into a global powerhouse. As the President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports, and Chairm…
German budget airline Eurowings is evaluating the possibility of extending its reach into the Middle East as part of a broader strategy to tap into the region’s growing demand for air travel. The airline, which is part of the Lufthansa Group, has …
Abu Dhabi's leading property developer has seen a substantial rise in interest from foreign buyers, marking a key shift in the capital's real estate market dynamics. The surge in overseas investment comes at a time when the UAE's real …
Mubadala Investment Company's aerospace unit, Sanad, has entered into a significant partnership with Safran Aircraft Engines and GE Aerospace. The collaboration focuses on enhancing Maintenance, Repair, and Overhaul (MRO) services for the LEAP…
Eight Sleep, a leading innovator in sleep technology, has expanded its reach into the UAE, offering residents access to its cutting-edge smart sleep solutions. The company’s introduction to the UAE market is poised to cater to the growing demand f…
Damac Properties, a key player in real estate and infrastructure, is set to make significant strides into the digital domain by launching data centres across Europe and Asia. The initiative aligns with the strategic objectives of Edgnex, Damac'…
DAMAC Islands, an ambitious project by the renowned real estate developer DAMAC Properties, has officially launched, promising a new era of luxury living on the water. This visionary development is set to redefine the luxury lifestyle by combining…
Emaar Properties and Dubai World Trade Centre (DWTC) have announced the launch of Expo Living, a new residential community located in the Dubai South development. This initiative marks a significant step in transforming the Expo 2020 site into a v…