SWFs – who spent more in 2024?
Abu Dhabi’s Mubadala Investment Company played a major role in sovereign wealth fund (SWF) activity in 2024, accounting for nearly 20% of the
Economy
News
News
Real Estate
Digital transformation in Dubai real estate
Dubai Land Department (DLD) has unveiled plans to introduce its Smart Rental Index in January 2025, a cutting-edge initiative designed to revolutionise the
News
Startup
Saudi foodtech startup Calo secures $25m in Series B funding
Riyadh-based foodtech startup Calo has raised $25m in a Series B funding round led by Nuwa Capital alongside STV, Khwarizmi Ventures, and regional
News
Real Estate
UAE’s Seed Group in ‘hospitality tech’ joint venture
South Korean hospitality technology leader ONDA is expanding into the Middle East through a joint venture with UAE-based Seed Group. This move will
News
Real Estate
Reportage Group hits $1.5bn in real estate sales
UAE real estate developer Reportage Group has announced sales of $1.5bn, a growth of 50% compared to 2023. The company’s portfolio spans 50
News
Real Estate
251 new villas in Dubai South development
Dubai South Properties has successfully completed the first phase of its Pulse Beachfront luxury development. It includes 251 units with a mix of
News
Are Microsoft and Apple finally friends?
Apple’s integration of OpenAI’s ChatGPT into its operating systems earlier this year has sparked optimism at Microsoft. CEO Satya Nadella views the partnership
News
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
Economy
News
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
News
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