Marriott International has announced an exceptional year of growth across Europe, Middle East and Africa (EMEA) in 2025 with more than 230 organic signings representing over 31,000 rooms. It also added 170 properties and nearly 24,000 rooms across EMEA last year.
BlueFive Capital, a global investment firm, said it has successfully closed the Onyx Fund I, a $3 billion fund registered with the Abu Dhabi Global Market (ADGM), that targets businesses at the frontier of innovation, specifically in artificial intelligence and biotechnology.
ArcelorMittal Projects, part of the world-leading steel and mining group ArcelorMittal, has announced plans to establish its third plant at the Hamriyah Free Zone in Sharjah, spanning over a 1.4 million sq ft area. The operations are set to begin at the facility later this year.
NKEY Architects, an international full-cycle architecture and design company delivering comprehensive solutions - from concept to implementation - has announced the relocation of its global headquarters to Dubai, thus marking a significant milestone in its next phase of growth.
UAE-based Amirah Developments has announced its new residential landmark - Crown Palace - that reintroduces the elegance of classical European architecture to Dubai with a design philosophy rooted in craftsmanship, harmony and detail.
The global GDP is projected to surge 2.8% in 2026, led by stronger momentum in the US and resilient exports from China, while the euro zone benefits from targeted fiscal support despite longer-term challenges, said Goldman Sachs Research in its new report.
Abu Dhabi-based Mubadala Investment Company and Barings, one of the world’s top investment managers, have entered into a $500 million global real estate debt partnership. The new JV will focus on investing in subordinated loans across real estate asset classes.
Global truck maker Volvo is launching its popular battery-electric medium duty truck – the Volvo FL Electric – in a 14-tonne entry level version with new battery configuration. The electric version has been in the market since 2019 and are sold in multiple markets across Europe, Middle East, Africa, Asia, and Australia.
Flag-carrier Turkish Airlines has opened its first-ever European lounge at Edinburgh Airport, thus bringing another dimension of its renowned hospitality to travellers in Scotland. Spanning 673 sq m, the lounge can accommodate 149 guests.
Visit Bahrain, the Kingdom’s leading destination management company, announced the signing of 15 agreements with several leading travel and tourism companies during its participation in the World Travel Market (WTM) in London.
