June 1, 2023

Dubai’s new master plan for Palm Jebel Ali has been approved by Sheikh Mohammed.

Dubai’s ambitious vision for Palm Jebel Ali has reached a major milestone as Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has given his approval to the new masterplan for the development.

June 1, 2023

SRC issued $933 million sukuk to boost real estate market liquidity.

Saudi Real Estate Refinance Company (SRC) has made a significant stride in enhancing liquidity within the Kingdom’s real estate market.

June 1, 2023

UAE’s Mirfa 2 RO plant achieves financial closure, raises $620m.

Abu Dhabi’s Mirfa 2 water desalination project has achieved financial closure after securing a funding of 2.3 billion dirhams ($620 million).

June 1, 2023

Amazon doubles storage capacity in Saudi Arabia with new Riyadh facility.

In a move aimed at expanding its presence and enhancing selling opportunities for small and medium-sized businesses (SMBs), Amazon has launched a new fulfillment center in Riyadh, Saudi Arabia.

May 31, 2023

Maria Cisco: Empowering Personal Brands and Inspiring Content Creation

Enter Maria Cisco, a Dubai-based personal branding coach and content creator, who has taken the online world by storm.

May 31, 2023

Maria Dayana T.: Redefining Dubai’s Business Landscape with Creativity and Empowerment

Maria Dayana Tertyshnaya, commonly known as Maria Dayana T., is a Dubai-based businesswoman and entrepreneur who has carved her own path in the competitive business landscape.

May 31, 2023

The UAE minister highlights the pivotal role of EVs in achieving sustainable and eco-friendly transportation.

Electric vehicles (EVs) are positioned to take center stage in the shift towards sustainable and environmentally friendly transportation, as nations strive to achieve net-zero emissions targets.

May 31, 2023

Red Sea Global is exploring potential strategic partnership opportunities in Egypt.

Red Sea Global, a Saudi Arabian company owned by the Kingdom’s Public Investment Fund, recently organized its second promotional procurement exhibition in Cairo, Egypt.

May 31, 2023

Dana Gas, based in the UAE, has increased its foreign ownership limit to 100%, according to recent news.

The United Arab Emirates (UAE) is taking significant strides towards fortifying its capital markets as Sharjah-based energy company Dana Gas plans to raise its foreign ownership limit to 100 percent.

May 31, 2023

According to the GASTAT, the education sector witnessed a significant increase in internet usage, with a reported rate of 98% in 2022.

Saudi Arabia’s establishments are rapidly adopting information technology, with education and manufacturing activities leading the way in internet usage, registering rates of 98.6 percent and 97.6 percent, respectively, last year. These findings were revealed in the 2022 Survey of Information and Communication Technology Access and Usage by Establishments conducted by the General Authority for Statistics […]

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