Aldar, the leading real estate developer, investor, and manager in the UAE, announced today the landmark sale of Abu Dhabi’s most expensive apartment, a three-bed penthouse at Nobu Residences on Saadiyat Island valued at AED 137 million. The sale represents the highest price per square metre achieved in the emirate, at more than AED 96,000 […]
Category: LATEST NEWS
Dubai’s MICE sector grows 25% while events industry clocks AED165bln in 2023 as Alltech Events doubles turnover
Dubai’s exhibitions, conferences, seminars and business events sector has recorded a 25 percent growth last year as Dubai World Trade Centre (DWTC), the global events and exhibitions industry powerhouse and a leading business enabler, said it has attracted 2.47 million participants in 2023. “[The] 2023 results with outstanding performance offer an insight into Dubai’s unprecedented […]
Redefining luxurious living, BORK unveils its first Middle East boutique at The Dubai Mall
BORK, a pioneering leader in the realm of luxury home accessories, beauty and wellness products, and premium household appliances has opened its first ever boutique in the Middle East. Since opening its flagship store in 2007, BORK has been synonymous with opulence, sophistication, and innovation; setting the standard for luxurious living; and is now available […]
MHY Homes Staging helped sell more than AED 70mln of real-estate
MHY Homes Staging Company, founded by visionary entrepreneur Israa Mirjan in 2023, is making waves in the real estate industry by revoluLonizing the way homes are presented to potenLal buyers. Recognizing that people’s decisions, parLcularly when it comes to purchasing a home, are heavily influenced by emoLons, MHY Homes Staging Company specializes in creaLng spaces […]
UAE crypto investors realised estimated gains of $200mln in 2023
2023 proved to be a year of strong recovery for global crypto markets with asset prices and market sentiment rebounding positively after the turmoil of the previous year. In its analysis of on-chain activity, Chainalysis, the blockchain data company, has been able to estimate that the global crypto investor community achieved total gains of US$37.6 […]
Investors in the UAE’s precious metal market saw a 10-year high for gold bars and coins in 2023
Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., cites that a steady rise in gold value is expected worldwide in 2024 with prices slightly hovering above the $2,100 mark as the global gold rush continues; industry analysis points towards new record highs and moderate gains. Building on this momentum, most analysts predict an […]
Podeo onboards The Mo Show, Saudi Arabia’s #1 English podcast
Podeo, the leading podcast platform in the Middle East & North Africa, proudly welcomes The Mo Show onto its hosting, distribution, and monetization platform. The Mo Show emerges as a beacon of Saudi Arabian life and culture, offering captivating insights through its intimate deep-dive interviews, hosted by Mohammed Islam. Powered by Podeo’s unique distribution network, […]
More Egyptian firms adopt tech for resilience amidst 2024 business forecast
New research supported by DP World and led by Economist Impact reveals that despite a challenging 2023 and growing concerns about geo-political events leading to economic challenges, Egyptian businesses are optimistic for 2024. The fourth edition of the Trade in Transition study highlights an increased adoption of technology by businesses, along with agile trade strategies. […]
Gulf Bank’s percentage of female leadership increases from 10% to 30% over 10 years
The number of Kuwaiti women in leadership positions does not align with the university graduates rate, which stands at 3:1 between women and men. The bank continues its efforts to support and empower women and enhance diversity and inclusion policies in the workplace. Bridging the gender gap contributes to increasing the productivity of institutions and […]
EdfaPay Saudi Arabia gains accreditation from Discover Global Network, boosting global fintech growth
EdfaPay, a leading fintech company in the Kingdom of Saudi Arabia, announces its significant achievement of receiving a crucial technical accreditation from Discover Global Network, one of the world’s foremost networks; including Diners Club International. Discover is an advanced global network in payment operations, encompassing over 270 million cardholders worldwide. In this context, Eng. GhormAllah […]