Saudi beauty brand debuts on stock market
The investment bank EFG Hermes has completed its advisory role on the IPO of Nice One, the Saudi Arabia beauty and personal care
Economy
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News
Microsoft’s $3bn India cloud investment
Microsoft plans to invest approximately $3bn to enhance its AI and Azure cloud-computing services in India. This move underscores India’s importance as a
Economy
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UAE hits record 1m air movements in 2024
The UAE has set a historic record in its aviation sector, surpassing one million air traffic movements in 2024, according to the General
Economy
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Zand and Klickl innovate in UAE banking
A new collaboration between Zand bank and Klickl International will highlight Zand’s commitment to integrating cutting-edge technology with financial services, addressing the growing
News
Real Estate
New phase of $108m Al Mamzar Beach project
Dubai Municipality has awarded contracts for the second phase of the Al Mamzar Beach Development Project. Spanning 125,000 sq. metres, it is expected
Economy
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Dubai tops region in Global Power City Index
Dubai has ranked first in the Middle East and eighth globally in the new 2024 Global Power City Index (GPCI). The index was
Entrepreneur
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Qatar’s Digital Lab enables blockchain collabs
A new collaboration at the Digital Assets Lab at Qatar Financial Centre aims to make distributed ledger technologies (DLT) accessible to organisations worldwide.
News
Could Al Ajban Solar Plant become world’s largest?
As part of the UAE Energy Strategy 2050, Al Ajban is poised to become one of the world’s largest single-site solar facilities, a
News
Real Estate
Dubai real estate market breaks key records
Dubai’s real estate sector has achieved a historic milestone in 2024, with a record 180,900 transactions totalling $142bn. This marks a 36% increase
Economy
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ADGM cuts commercial license fees
The Abu Dhabi Global Market (ADGM) has announced a major reduction in commercial license fees effective 1st January 2025. The new fee structure,