Innovation has always been a key part of the UAE’s development strategy, and its financial sector is no exception. With a vision to position itself as a global fintech hub, the nation has invested heavily in creating an ecosystem where digital banking can thrive.
The UAE’s largest private real estate developer DAMAC Properties has launched Riverside Views, its first project of 2025. The new development is part of the recently introduced DAMAC Riverside community, offering one- and two- bedroom apartments available on a 70/30 payment plan, making luxury waterfront living more accessible to buyers.
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.
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
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.
Etihad Rail has announced a groundbreaking high-speed train project that will connect Abu Dhabi and Dubai. The project further cements the UAE’s status as a global leader in smart transportation, with the high-speed rail system enhancing the nation’s transport infrastructure while also aligning with the UAE Net Zero 2050 Strategy.
Oraseya Capital has been named the most active investor in the UAE for 2024, according to the UAE Venture Investment Report by MAGNiTT. The rankings are measured by number of deals.
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