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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 three- to five-bedroom villas and is located in the Dubai South Residential District which is home to over 25,000 residents.

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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 as a significant victory for Microsoft which is both an investor (49% ownership) and commercial partner of OpenAI.

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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 the Global Labor Market Conference (GLMC).

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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 and logistics hub.

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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 Chinese consortium.

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Economy News

Abu Dhabi and EXIM Bank in trade partnership

The Abu Dhabi Investment Office (ADIO) has partnered with the Export-Import Bank of the United States (EXIM) to strengthen economic ties and promote trade between the UAE and the US.

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Entrepreneur News

Oman Investment Authority acquires stake in Elon Musk’s xAI

The Oman Investment Authority (OIA) has acquired a stake in Elon Musk’s xAI, marking a significant step by the sultanate’s sovereign wealth fund to strengthen its position in the rapidly growing AI sector.

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UAE launches world’s most powerful small AI models

The UAE’s Technology Innovation Institute (TII) has launched Falcon 3, the latest advance in its open-source large language model (LLM) series, marking a significant breakthrough in AI.

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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 of hospitality revenue management solutions.

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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 transforming the freight transport sector and solidifying Dubai’s status as a key logistics hub in the region.

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