Saudi is the fastest growing tourism destination in the G20. Saudi Arabia’s exponential sector growth has seen an extraordinary +121% increase from pre-pandemic international tourism levels as recognized by the newly published UNWTO Tourism Barometer. The substantial tourism recovery recognizes not only Saudi’s considerable investment in tourism, but also the country’s pioneering leadership in future-proofing its tourism […]
Eternal Robotics, a tech company focused on automation through innovation, has released a new AI-driven solution designed to streamline multiple business operations, including quality inspection, surveillance and action recognition systems. The pioneering company is part of the UAE-based Mojay Global Holding, which seeks out disruptive technology for investment and growth opportunities. Aptly named Smart Eyes, […]
The Higher Committee of the Al Quoz Creative Zone today approved the master plan for the Al Quoz Creative Zone during a meeting chaired by Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council. The master plan provides a […]
Partment, a proptech startup that offers co-owned second homes, announced today that the company closed its pre-seed round at US$1.5million to enhance the infrastructure of the platform, and deploy its MVP starting in Egypt. The round was led by Nclude, a leading venture capital platform focused on investing in fintech and fintech-enabled start-ups in Egypt, […]
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has been named Global Free Zone of the Year 2022 by the Financial Times’ fDi Magazine for the eighth consecutive year. The award, among the most prestigious of accolades a free zone can earn, is decided by the Financial Times Specialist […]
TikTok MENA announced today the launch of the inaugural TikTok Creator Hub program in the UAE, unlocking exciting opportunities for new talents to add their voice to the region’s burgeoning creative economy and contribute to a global cause. The new TikTok initiative aims to identify talents and connect them with the right mentors and skill […]
The UAE has more than 665,246 active businesses registered with various licensing authorities including 45 free economic zones; The total number of registered active business licences in July 2022 amounted to 665,246, a 1.9 percent increase compared to 652,885 licences issued in December 2019, according to the UAE’s National Economic Register (NER); About 80-85 percent […]
Nakheel, the Dubai-based world-leading master developer, today announced the launch of a new selection of residences at Palm Beach Towers 3, offering residents the perfect blend of style and luxury. The launch of this third development at Palm Beach Towers follows strong demand for Palm Beach Towers 1 and 2, which have both sold out. […]
Saudi Arabian Airlines (SAUDIA), the national flag carrier of Saudi Arabia, has celebrated its 70th anniversary of flying to Jordan with a flight activation. SAUDIA launched services to Amman in 1952, and today operates an average of eight flights a day between the Jordanian capital and the Saudi cities of Jeddah, Riyadh and Medina. Commemorating […]
The UAE is witnessing a surge in market entry of new British business, according to GCC-based corporate services provider CBD Corporate Services, stating a 23% increase in British setups year on year. The most recent economic forecast from the British Chambers of Commerce (BCC) predicts that the economy will plunge into recession before the end […]
