Economy News Real Estate

Dubai real estate to implement tokenisation

Dubai has launched the pilot phase of the Real Estate Tokenization Project which aims to attract international technology firms, open new investment channels, and diversify property ownership by enabling multiple investors to co-own a single asset through tokenized real estate.

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Economy Entrepreneur News Startup

Dubai ranks 5th globally for fintech

Dubai now ranks among the top five cities worldwide for fintech thanks for its rapid transformation driven by the Dubai International Financial Centre (DIFC) over the past two decades. The city was also classified as one of just eight global leaders with ‘broad and deep’ capabilities across all finance industry sectors.

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Economy News

KSA to get specialised logistics zone

A new 1.5 million sq. metre logistics zone will be established in Falcons City, north of Riyadh, with an investment of $1.06bn.

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Economy News

UAE and EU highlight economic ties

Bilateral non-oil trade between the UAE and the European Union (EU) reached $67.6bn in 2024, marking a 3.6% increase from the previous year.

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Economy News

EV brand reports 200% growth in UAE

EV brand Zeekr has reported over 200% growth in January 2025, setting an ambitious target of 400% annual expansion.

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Economy News

UAE-US strategic partnership strengthens

The UAE and the US continued to deepen their five-decade-long strategic partnership during an official visit to the US by HH Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser.

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Economy News

KSA to host Sports Investment Forum 2025

Saudi Arabia is set to host the Sports Investment Forum 2025 from April 7 in Riyadh, under the patronage of the Ministry of Sport and the Ministry of Investment.

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Economy Entrepreneur News Startup

New partnership to boost Oman’s SMEs

A new partnership seeks to offer integrated mobile, fixed, and ICT solutions alongside tailored financial packages to enhance efficiency and growth for SMEs in Oman.

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Economy News

New F1 movie trailer showcases Abu Dhabi

Abu Dhabi takes centre stage in the newly-released trailer for Apple Original Films movie F1, starring Brad Pitt.

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Economy News

Bank of Sharjah hit record performance in 2024

Bank of Sharjah has reported record-breaking financial results for the year ended 31 December 2024, posting a profit before tax of $113m, marking a dramatic turnaround from the $75m loss in the previous year. The bank’s net profit after tax surged to $105m, driven by revenue growth, cost control, and risk management.

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