ONE Development has announced that it has unveiled the 'first residential tower in the world' that boasts a fully integrated aerial mobility ecosystem. The 31-storey building includes rooftop access for eVTOL aircraft engineered for autonomous passenger operations.
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Saudi Arabia’s Tourism Development Fund (TDF) signed six agreements and one MoU with public and private partners, unlocking over SAR 4 billion ($1 billion) in support. These deals expand financing access through TDF’s Tourism Empowerment Programs for micro, small, and medium-sized enterprises (MSMEs).
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The Events Investment Fund (EIF), a major Saudi government initiative, has entered into a joint venture pact with Legends Global, the world’s leading operator of event and sports venues, that will see EIF build, own and operate world-class event venues across Saudi Arabia.
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UAE shoppers are turning to AI to make shopping easier and more efficient, and they are signalling the importance of transparency as these tools become part of everyday life, says a Visa survey.
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Global luxury markets proved resilient into 2025, with overall luxury spending stabilising at similar levels to last year, despite headwinds from economic and geopolitical uncertainties, as well as disruption from critical shifts in consumers’ preferences, a report said.
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Saudi Arabia and Qatar have signed a deal to build a high-speed rail link between the two countries. The 785-km network, which will connect King Salman International in Riyadh to Hamad International Airport in Doha, will carry trains with speeds above 300 kph.
IAN, the wholly-owned renewable energy arm of AG Holding, a prominent UAE Holding Company and a family office, has entered into a strategic distribution agreement with China-based DMEGC Solar, marking DMEGC’s first official expansion into the GCC region.
ExxonMobil, Aramco and Samref have signed a Venture Framework Agreement (VFA) to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex.
Dubai has approved a set of policies and strategic models that will focus on creating socially-interconnected, service-integrated communities which will enhance quality of life through homes, neighbourhoods, parks and schools.
Tomorrow World Group, a global enterprise with a proud 20-year legacy in Dubai, has announced its most ambitious chapter yet: an AED8 billion ($2.18 billion) real estate development pipeline set to redefine the city’s skyline from 2026 onward.
The global automotive aftermarket community will converge in Dubai tomorrow (Dec 9) for Automechanika Dubai 2025, the largest and most internationally diverse edition in the event’s 22-year history.
Saudi Arabia’s real GDP grew by 4.8% in the third quarter compared to last year, reported SPA citing official data. All economic activities recorded y-o-y growth with oil activities surging by 8.3%, non-oil activities by 4.3% and government activities by 1.4%.
Investcorp Capital, an investor in private markets and a provider of capital and capital financing services in the alternative investments space, has acquired Guardian Fire Services, a leading provider of fire and life safety services operating in Northeastern, Southeastern and Western United States.
DP World has signed a landmark agreement with the Government of Afghanistan to develop and operate the country’s most important land border facilities at Torkham and Hairatan.
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Ministry of Electricity of the Republic of Iraq have discussed the final preparations for launching the electricity interconnection project between the two entities.
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Ministry of Electricity of the Republic of Iraq have discussed the final preparations for launching the electricity interconnection project between the two entities.
Dubai's low-cost carrier flydubai has announced the launch of its inaugural flights to the Baltic nation of Latvia. With this thrice-a-week service to Riga Airport, the airline has expanded its footprint in Europe to 35 destinations across 20 countries.
Kerry, a leading Irish sustainable taste and nutrition solutions company, has signed a long-term lease deal with Expo City Dubai to set up its new Regional Customer Co-Creation Centre. The new Kerry facility will serve as a major research and development centre.
UAE shoppers are turning to AI to make shopping easier and more efficient, and they are signalling the importance of transparency as these tools become part of everyday life, says a Visa survey.
ONE Development has announced that it has unveiled the 'first residential tower in the world' that boasts a fully integrated aerial mobility ecosystem. The 31-storey building includes rooftop access for eVTOL aircraft engineered for autonomous passenger operations.
Abu Dhabi group M42 has announced the opening of Amana Healthcare Bahrain, the first specialised long-term care and rehab hospital of its kind in the country, developed in strategic partnership with Bahrain Mumtalakat Holding Company (Mumtalakat).
Qualcomm Technologies International Limited, a subsidiary of Qualcomm, and Aramco through the Saudi Accelerated Innovation Lab (AramcoSAIL) have completed the inaugural Design in Saudi Arabia with AI (DISAI), an accelerator program aimed to support startups in Saudi Arabia.
India’s leading fine jewellery group Tanishq has launched its new flagship store in Dubai’s Meena Bazaar, thus transforming the neighbourhood where its international journey began into the launchpad for its next, larger chapter in the GCC.
The Bahrain Association of Banks (BAB) has announced the approval of 12 new committees covering a broad range of core functional domains within banking work. It marks a key milestone in BAB’s efforts to strengthen the country's banking and financial ecosystem.
Bahrain's leading telecom services company Batelco by Beyon has announced the launch of Ultra Home, a new line up of home internet plans, that brings together Mobile Broadband and Fiber Broadband under one simplified offering.
The Fédération Internationale de l’Automobile (FIA) has confirmed that Mohammed Ben Sulayem has been re-elected as President of the FIA, following the election of his Presidential List by the General Assembly in Tashkent, Republic of Uzbekistan.
PwC Middle East has relocated its office to Riyadh's Laysen Valley, providing an expanded space for its growing operations in the kingdom. Spanning 22,400 sq m, the new office stands 11storeys tall, providing a dedicated space for co-creation and innovative work.
UAE developer Binghatti has achieved a major milestone with the sale of the region's most expensive penthouse valued at AED550 million ($150 million), at its iconic development Bugatti Residences by Binghatti located in Business Bay.
