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
Entrepreneur
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UAE fintech secures $500m funding from Citigroup
Citigroup has provided a $500m financing facility to Abu Dhabi’s Astra Tech. The funding is in the form of asset-backed securitisation and will
Economy
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Bahrain roars into 2025 F1 season with double duties
Bahrain will once again host Formula 1 pre-season testing. This marks the fifth consecutive year the Kingdom has been selected for this event,
Economy
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Trillion-dollar push for global mineral growth ahead of Riyadh conference
A new report titled Shaping the Future of Minerals estimates that $5.4tr in capital investment will be required to sustain and expand mining
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Standard Chartered grows its UAE HQ
The British multinational bank Standard Chartered has announced plans to expand its private banking team in the UAE by 20%. This move is
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With its $500bn wealth fund, Qatar targets US, UK, Asia
The Qatar Investment Authority (QIA) has announced it will substantially increase its investment activities, focusing on high-return opportunities in sectors including technology, healthcare,
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World Economic Forum praises GCC governments’ focus on microfinance
The GCC region has made significant strides in microfinance as a way of offering individuals, entrepreneurs, and small businesses access to essential financial