As global wealth grows, so does the complexity of managing it. HNWIs and ultra-high-net-worth families increasingly seek bespoke solutions to preserve and grow their wealth while ensuring smooth intergenerational transfer. Enter the family office – a vehicle synonymous with tailored wealth management and holistic legacy planning.
Mordor Intelligence has forecast a compound annual growth rate (CAGR) of 5% for the UAE’s infrastructure sector between 2025 and 2030. This growth is expected to be fuelled by both government and private sector investments in high-quality projects. Key areas of focus include transportation, renewable energy, and real estate, all of which are poised for
The UAE’s high-speed train project connecting Abu Dhabi and Dubai is set to deliver significant economic impact, contributing an estimated $39.5bn to the nation’s GDP over the next 50 years. The project is expected to act as a catalyst for enhanced economic activity and social connectivity.
Meraas has signed a construction contract exceeding $272m with China State Construction Engineering Corporation (Middle East) for the development of Bluewaters Bay.
The World Economic Forum has formalised plans to establish three new Centres for the Fourth Industrial Revolution in 2025. In a major development for the GCC region, two of the cities will be Riyadh and Muscat with the third in Pretoria, South Africa. Each of them will develop innovative, locally relevant strategies to address pressing
As autonomous vehicles (AVs) edge closer to mainstream adoption, they promise to be more than just a new way of getting from A to B. Like most new tech, they’re going to disrupt pretty much everything around them. This is concerning in some ways, and exciting in others.
Real estate developer Al Hamra has announced the completion and handover of Al Hamra Marina Residences in Ras Al Khaimah, a residential project within Al Hamra Village. This marks a key milestone in the company’s five-year strategy, which also includes the Falcon Island project, set for handover next year.
Global IT spending is projected to reach a record $5.61tr in 2025, reflecting a nearly 10% increase from $5.11tr in 2024, according to new research from Gartner based on analysis of sales data from more than 1,000 IT vendors worldwide. This growth is driven by investments in AI as well as hardware upgrades by enterprises
With many countries in the West struggling economically, the GCC has seized the moment to position itself as a land of opportunity. From visionary government policies, innovation-friendly initiatives, and a relaxation of immigration laws, the GCC has rapidly transformed into a major destination for businesses and entrepreneurs.
Saudi Arabia has achieved a record-breaking 178 venture capital deals in 2024, solidifying its position as the leading hub for VC funding in the MENA region. The Kingdom accounted for 31% of all deals in the region, according to the newly-released 2024 Saudi Arabia Venture Capital Report.
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