Tuesday 15 April 2025
 
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Palma unveils new private retreat at $1.3bn Serenia District

UAE-based Palma Development has announced the launch of its new residential clubhouse within its AED5 billion ($1.36 billion) premium waterfront residential commiunity - Serenia District - in Jumeirah Islands, Dubai.   As part of the full amenities package organ

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Mideast sports market set for 8.7% growth, says report

Driven by significant investments in premium sports properties and infrastructure, alongside initiatives to boost grassroots participation and develop local talent, the Middle East’s sports market is projected to grow at an impressive 8.7% over the next three to five years, surpassing t

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Bahrain launches hotline for Golden Residency

Bahrain today (April 10) launched a website (www.goldenresidendy.gov.bh) and a hotline (+973 17484000) dedicated to providing information on its Golden Residency Programme.    This comes as part of the Bahrain government's efforts to attract exceptional

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47 global firms in race for key phase of MBR Solar Park project

Dubai Electricity and Water Authority (Dewa) has announced that 47 international companies have expressed interest in developing the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park, which is based on the independent power producer (IPP) model.   P

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Salma Hayek named Merz Aesthetics brand ambassador

Merz Aesthetics, one of the world’s largest dedicated medical aesthetics business, has signed up world-renowned actress, director and producer, Salma Hayek Pinault, as the first-ever global brand ambassador for Ultherapy PRIME.   Redefining the future in m

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Tamkeen plans to train 50,000 Bahrainis in AI by 2030

Bahrain's Labour Fund (Tamkeen) has launched a first-of-its-kind bundle to train 50,000 Bahrainis in Artificial Intelligence by 2030.    According to Tamkeen, this initiative reflects the importance of investing in Bahraini talent to equip them with hig

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Dubai, Abu Dhabi make it to Top 5 IMD Smart City Index

The Middle Eastern cities have surged in the Smart City Index compiled by International Institute for Management Development (IMD) with Dubai and Abu Dhabi entered the top five for the first time while Riyadh (Saudi Arabia), Doha (Qatar) and Manama (Bahrain) have made it to the top 50 global

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Etihad Guest extends key partnership with First Abu Dhabi Bank

UAE national carrier Etihad Airways has announced an extension of its long-standing partnership with First Abu Dhabi Bank (FAB), cementing a collaboration that continues to reward loyalty members with Etihad Guest Miles for their daily purchases.    This re

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Investcorp Capital sells prime US industrial portfolio for $360m

Investcorp Capital, a major player in the private markets and alternative investment sector, has  announced that it has completed the sale of its US industrial real estate portfolio for an aggregate sale price of $360 million.   The portfolio, which spans s

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Dutco lands $427m Majid Al Futtaim ultra-luxury project deal

Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer in the region, today (April 8) announced Dutco Construction as the main contractor for the Serenity Mansions  situated in the heart of its flagship lifestyle destination in Dubai - Tilal Al G

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