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AIRLINE SIGNS TECH MoUs TOO
Riyadh Air enters key deals covering 125 countries
Riyadh Air, Saudi Arabia’s new national airline, has signed 11 agreements with strategic partners to further innovate the air travel experience, at the Arabian Travel Market (ATM) in Dubai, UAE.
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OFFICE, HOMES SHOW ROBUST DEMAND
UAE real estate market 'shows resilience amid challenges'
The UAE real estate market has demonstrated resilience amid global economic uncertainties in Q1 2025, said CBRE Middle East, the global leader in commercial real estate services and investments, in a report.
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INTERACTIVE EXPERIENCES
Msheireb Downtown Doha to launch top entertainment experiences
Msheireb Downtown Doha will redefine family entertainment through an exciting new partnership with Ground Control Entertainment, bringing exclusive world-class attractions to Qatar for the first time.
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OPINION
Investors have every reason to cheer - despite tariff chaos
From fresh tariffs and fracturing alliances to recession warnings, the headlines scream turmoil. But for investors willing to tune out the noise and focus on the underlying data, there are solid reasons to stay positive, said an financial expert.
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ANALYSIS
$22bn on table - Are GCC utilities ready to seize the opportunity?
The GCC utilities sector has the potential to cut operational costs by 30% through a mix of short-term tactical actions and key changes to how utilities operate, said a report. This can generate $22 billion in savings over the next decade, said a report.
Top Trade News
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UAE real estate market 'shows resilience amid challenges'
The UAE real estate market has demonstrated resilience amid global economic uncertainties in Q1 2025, said CBRE Middle East, the global leader in commercial real estate services and investments, in a report.
More…
Dubai Holding opens new mixed-use lifestyle hub at Nad Al Sheba
Dubai Holding Asset Management, a key player in the retail sector, has announced the official opening of Nad Al Sheba Mall, a mixed-use lifestyle destination featuring a selection of over 100 stores spanning fitness, retail, entertainment and F&B.
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Adnoc Distribution earns $1bn, plans 1,000 stations by 2028
Adnoc Distribution has surpassed $1 billion in EBITDA for the second consecutive year, demonstrating the company's robust operational foundations and its commitment to delivering strong shareholder returns, with a target return on investment of over 6%.
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MENA pace of growth likely slow, says IMF
Growth is projected to rise in the Middle East and North Africa in 2025 and 2026, but at a slower pace than anticipated earlier, says a new report from IMF.
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Investors have every reason to cheer - despite tariff chaos
From fresh tariffs and fracturing alliances to recession warnings, the headlines scream turmoil. But for investors willing to tune out the noise and focus on the underlying data, there are solid reasons to stay positive, said an financial expert.
More…
DP World Sokhna achieves record throughput in Q1
DP World Sokhna handled a record-breaking 285,000 TEUs in the Q1 2025, the highest quarterly volume in nearly two decades of operating the port in Egypt.
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Msheireb Downtown Doha to launch top entertainment experiences
Msheireb Downtown Doha will redefine family entertainment through an exciting new partnership with Ground Control Entertainment, bringing exclusive world-class attractions to Qatar for the first time.
More…
DFF, Google Cloud launch strategic AI upskilling initiative
Dubai Future Foundation and Google Cloud have announced a strategic upskilling initiative aimed at deepening the applied expertise of AI leaders and fast-track the emirate’s ambitions in line with Dubai Universal Blueprint for Artificial Intelligence.
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ORA unveils key coastal community project on Abu Dhabi-Dubai border
ORA Developers has unveiled Bayn, a 4.8 million-sq-m coastal community project on Abu Dhabi-Dubai border featuring a 1.2-km private beachfront, a marina, lagoons and a business park. The first phase, comprising 464 residences, is set for 2028 handover.
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OMODA & JAECOO set up major spare parts hub in Jafza
OMODA & JAECOO, leading vehicle manufacturers, have established a 12,000-sq-m regional spare parts distribution hub in Jebel Ali Free Zone (Jafza).
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PureHealth reports 3% rise in Q1 net profit to $137.5m
PureHealth Holding, a leading healthcare group in the Middle East, reported a revenue increase of 8% year-on-year to AED6.6 billion ($1.8 billion) driven by growth across all of PureHealth’s segments.
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Boursa Kuwait, MEIRA host strategic IR workshops
Boursa Kuwait recently held two high-impact workshops in collaboration with the Middle East Investor Relations Association (MEIRA), bringing together capital market professionals, corporate leaders and IR experts for a day of insightful discussions.
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Diriyah awards $1.13bn deal to relocate KSU facilities
Diriyah Company has awarded a $1.13 billion (SAR4.225 billion) construction contract to relocate the existing utilities and administration offices of King Saud University (KSU) within the Diriyah masterplan.
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Global project management experts set for major Saudi forum
Leading project management experts and industry leaders will be in Riyadh next month for the Global Project Management Forum 2025, where they will explore how emerging tech and agile practices are reshaping the future of project delivery across sectors.
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