Zain Bahrain, a leading Bahraini provider of innovative technologies and digital lifestyle experience, has appointed Ammar Al Ketbi as its new Chief Executive Officer. An industry veteran, Al Ketbi has a strong track record across sales, product innovation and driving effective business and growth strategies.
UAE-based luxury project developer Damac Properties has capped off a strong Q1 performance, emerging as the market leader in March. With AED3.12 billion ($849 million) in sales across 1,106 transactions, Damac reinforces its dominant market position, said its top official.
Adnoc Gas has confirmed shareholder approval of all agenda items at its Annual General Meeting including a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May.
Cement sales volumes across the Kingdom of Saudi Arabia fell in February on both an annual (10.5% decline) and monthly basis (16.3%) to 4.28 metric tonnes, thus reflecting softer demand mainly due to Ramadan season. The clinker inventory too fell by 0.3% m-o-m to 42.7MT.
Truecaller, a leading global communications platform, has sealed a strategic direct sales reseller partnership with AnyMind Group, a Business-Process-as-a-Service company, to help accelerate the growth of its direct advertising business across the Mena and Southeast Asia regions.
Tissoli, a leading real estate developer, has announced the sales launch of the second phase of its AED1.2 billion ($327 million) flagship development, Palazzo Tissoli, in Ras Al Khaimah. It involves a limited collection of fully furnished studios, and one-bedroom apartments featuring sweeping sea views.
Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced solid results for FY 2025, recording a net profit of BD219 million ($582 million), up 18.5% over the previous year, on the back of higher production and record sales volume despite market challenges.
Abu Dhabi’s residential property market began 2026 on solid footing, netting AED12 billion ($3.2 billion) in total sales across 2,600 transactions in January, said a report. Off-plan properties accounted for 83% of total deals for the month, significantly outperforming the secondary market.
EY launched Studio+ in Mena at its regional headquarters in King Abdullah Financial District (KAFD), Riyadh. A globally integrated offering, it brings together over 200 regional specialists in design, sales and customer experience, with direct access to a global network of over 7,000 professionals.
Dubai has recorded its strongest residential year on record for 2025, with the total sales value reaching AED547 billion ($149 billion), up 28% year-on-year, across 203,000 transactions as demand, liquidity and prices all advance together, said a new report.
