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Analysis, Interviews, Opinions |
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Construction & Real Estate
Leading developer Aldar has announced the landmark sale of Abu Dhabi’s most expensive apartment, a three-bed penthouse on Saadiyat Island valued at AED137 million ($37.2 million), thus setting a new benchmark for residential property in the UAE capital.
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Retail & Wholesale
Havelock One Interiors has announced that it has successfully implemented the turnkey fit-out and commissioning of three anchor projects for UAE-based Emaar Entertainment within Marassi Galleria, a high-end lifestyle and shopping destination in Bahrain.
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Energy, Oil & Gas
With the current transition strategy visibly failing on most fronts owing to collision with five hard realities, the world needs a new, realistic pathway for the energy transition that includes oil and gas, said a top official of Saudi oil giant Aramco.
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Finance & Capital Market
Saudi Arabia has achieved a historic milestone with its non-oil activities, reaching a 50% share of real GDP in 2023, the highest level on record, said a report. This translates to a non-oil economy of SAR1.7 trillion ($453 billion) at constant prices.
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Analysis, Interviews, Opinions
Hot on the heels of AlUla’s first-ever global campaign, we talk to Melanie de Souza, Executive Director - Destination Marketing, about the present and the future of AlUla as a tourism destination.
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Industry, Logistics & Shipping
Switzerland-based Interlink Metals & Chemicals said one of its key subsidiaries has inked a 25-year lease deal with Edamah, the real estate arm of Bahrain wealth fund Mumtalakat, to set up a titanium plant in the kingdom at an investment of $200 million.
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Travel, Tourism & Hospitality
UAE developer Miral is set to develop two beaches at Yas Bay Waterfront, Abu Dhabi’s vibrant day-to-night destination on Yas Island. Designed as a family hub, it will feature beachside play areas for kids, dining outlets as well as pedestrian walkways.
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IT & Telecommunications
Cyberani, an Aramco company and a national cyber champion, has entered into a strategic alliance with Thales, the largest technology group in Europe, to cater to the cybersecurity needs of private and public sector companies in Saudi Arabia.
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Government & Laws
The government of Dubai has issued a decree on the Unified Digital Platform for setting up companies, in an effort to enhance ease of doing business. The platform seeks to integrate various licensing processes and elevate investor experience.
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Motoring
Hyundai UAE has announced the arrival of the all-new Santa Fe SUV in the country, with an ‘Open for More’ concept that conveys the model’s radical transformation centered on its new design.
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Health & Environment
From exercise and outdoor activity to stargazing trips to wellness programmes destinations are showing the way to adopt lifestyle changes to achieve restfulness and good sleep. This gains significance in March – a month dedicated to sleep awareness.
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Education, HR & Training
talabat UAE, the region’s leading platform for everyday deliveries, has been officially recognised as one of the Best Workplaces in the UAE 2024 by Great Place to Work, a global research, training, and consultancy firm.
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Miscellaneous
Modon, specialist in the development of sustainable residential communities and world-class leisure and sports destinations, has unveiled the expansion of 321 Sports, Abu Dhabi’s premier leisure and sports facility on Hudayriyat Island.
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