Ambitious government initiatives are fuelling robust expansion in the UAE's construction industry, with output projected to grow to $130.8 billion by 2029, according to the 2025 UAE Construction Landscape Review from property consultancy Knight Frank.
The US central bank - Federal Reserve - cut its key interest rate by 0.25 percentage points yesterday, the first cut this year.
While the focus of sports clubs has historically centered on traditional income streams such as broadcast rights, there exist high growth opportunities that can help clubs diversify income and build commercial resilience, says a report.
Despite challenges such as labour shortages, rising material costs, and long procurement lead times, Saudi Arabia's construction sector is showing resilience and several key initiatives are helping to build long-term capacity, a report said.
Dubai’s residential property market demonstrated steady fundamentals despite seasonal slowdowns in August, a report said. The total value of deals reached AED42 billion ($11.44 billion), in the month.
Award-winning Sungrow Power Supply Company (Sungrow) is a global leader in renewable energy technology and solutions, while being both a pioneer and front-runner in sustainable power solutions. This flag-bearer company operates in 100+ countries.
With ambitious transition projects in the region, the stakes are immense. These are industries where AI’s ability to make intelligent, context-aware decisions can truly transform outcomes, notes Rahul Misra, SVP & Managing Director, MEA at IFS.
Leading global developers, rail and transportation planners and engineers as well as mega project owners will be in Riyadh for the upcoming Global Infrastructure Expo which kicks off on September 15. The event is co-located with Smart Cities Saudi Expo.
Saudi Arabia’s infrastructure ambitions are setting new global benchmarks, with projects that not only meet domestic needs but also position the kingdom as an international trade and investment hub buoyed by a $1 trillion pipeline, said leading experts.
Millennials have embraced AI fully than any other generation as one in three workers between 28 and 43 uses AI tools daily, said a new survey. They lead their peers in using tech to automate repetitive tasks and take on more strategic responsibilities.
