KSA addresses labour market challenges
Saudi Arabia has been recognised for its leadership in addressing labour market challenges and advancing workforce development, according to a recent report from
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Economy
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Elite to build $27m facility at Dubai Industrial City
The UAE-based conglomerate Elite Group Holding has signed an agreement to establish a $27m integrated facility at Dubai Industrial City, a leading manufacturing
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Dubai RTA Awards $5.6bn Metro contract to Turkey & China
Dubai’s Roads and Transport Authority (RTA) has awarded a $5.6bncontract for the development of the Dubai Metro Blue Line to a Turkish and
Economy
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Abu Dhabi and EXIM Bank in trade partnership
The Abu Dhabi Investment Office (ADIO) has partnered with the Export-Import Bank of the United States (EXIM) to strengthen economic ties and promote
Entrepreneur
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Oman Investment Authority acquires stake in Elon Musk’s xAI
The Oman Investment Authority (OIA) has acquired a stake in Elon Musk’s xAI, marking a significant step by the sultanate’s sovereign wealth fund
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UAE launches world’s most powerful small AI models
The UAE’s Technology Innovation Institute (TII) has launched Falcon 3, the latest advance in its open-source large language model (LLM) series, marking a
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Dubai hotel digitises the ‘What if?’ question
Dubai’s Al Habtoor Palace, the flagship property of the Al Habtoor City Hotel Collection, has announced a partnership with IDeaS, a leading provider
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Public-private partnership drives Dubai logistics platform
Dubai’s Roads and Transport Authority (RTA) has partnered with TruKKer, a leading digital logistics platform, to launch Logisty, a cutting-edge initiative aimed at
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Real Estate
200-unit eco resort deal for Al-Ahsa, KSA
Dan Company, a PIF firm focused on ecotourism, has partnered with Abdulmohsen Al-Tamimi Contracting Company to build the first luxury resorts in Al-Ahsa,
Economy
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KSA acquires 15% stake in Heathrow Airport
Saudi Arabia’s Public Investment Fund (PIF) and French investment firm Ardian have completed the acquisition of a 37.6% stake in Heathrow Airport Holdings