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$700bn ALREADY INVESTED
KSA promises $600bn more investment in US in 4 years
HRH Prince Mohammed bin Salman, Crown Prince and Prime Minister of Saudi Arabia, has affirmed the kingdom's intention to broaden its investments and trade with the US over the next four years, totalling $600 billion, and potentially beyond that.
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SHIPMENTS TO GROW 17% in 2025
50% of vehicles sold will be EVs by 2030, predicts Gartner
More than 50% of all vehicle models marketed by automakers will be electric vehicles (EVs) by 2030, according to a Gartner report.
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CENTRE OF EXCELLENCE WITH IBM
Salesforce to set up new regional HQ in Riyadh
Salesforce, a leader in AI CRM, today announced plans to expand its presence in Saudi Arabia with a new regional headquarters in Riyadh.
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ANALYSIS
Trump Tariffs: risky gamble or clever negotiation tactic?
US President Donald Trump’s day-one delay on tariffs is no retreat — it’s a power play, and the stakes are sky-high, warns the CEO of deVere Group, one of the world’s largest independent financial advisory and asset management organisations.
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SPOTLIGHT
Inauguration of a new chapter in sustainable investing
If recent developments spell the end of early, overly-simplistic approaches to ESG investing, their end should not be mourned for too long; rather, they should be replaced with more sophisticated approaches, writes Thomas Hohne-Sparborth.
Top Trade News
 | Industry Sectors |
Elysian enters Dubai market with beachside development
Elysian, a key real estate developer, has entered the Dubai property market with the launch of its debut project, Esmé Beach Residences, located within the Dubai Islands. A pioneering well-being-centric living project, it is set for Q2 2027 completion.
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Air France unveils signature fragrance by Kurkdjian
National flag carrier Air France has teamed up with master perfumer Francis Kurkdjian to launch its signature home fragrance, AF001. This home fragrance will gradually be introduced at the entrance to certain Air France lounges at Paris-Charles de Gaulle.
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Kanoo Energy to showcase tech solutions at STM 2025
Kanoo Energy, a division of Kanoo Industrial & Energy under the Yusuf Bin Ahmed Kanoo Group, has announced its participation in the upcoming Sabic Technical Meeting (STM) 2025.
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Ajman Bank achieves record profit
Ajman Bank delivered the highest annual profit before tax of AED440 million ($119.79 million) in its history in 2024 with a growth of 213% compared to net loss of AED390 million in 2023.
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Trump Tariffs: risky gamble or clever negotiation tactic?
US President Donald Trump’s day-one delay on tariffs is no retreat — it’s a power play, and the stakes are sky-high, warns the CEO of deVere Group, one of the world’s largest independent financial advisory and asset management organisations.
More…
WEF plans Fourth Industrial Revolution centres in Muscat, Riyadh
Muscat, Riyadh and Pretoria will host the three new Centres for the Fourth Industrial Revolution (C4IR) launching in 2025, World Economic Forum has announced.
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RAK Properties joins Torres to unveil resort-style development
RAK Properties has announced the launch of a resort-inspired living concept - Mirasol - located on Raha Island within its flagship masterplan, Mina in Ras Al Khaimah. It is being developed in partnership with Spanish Michelin star chef Vicente Torres.
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Northstar Telecom, EICT Technology partner to launch Startracker vehicle tracking in Saudi Arabia
Northstar Telecom, a leading provider of telecommunications and ICT solutions, has announced a strategic partnership with EICT Technology, a prominent company specialising in advanced communication technologies and digital transformation in Saudi Arabia.
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Object 1's flagship Dubai project on track for 2026 handover
Dubai-based developer Object 1 has announced that work is moving at a steady pace on its flagship sustainability development, Evergrin House, located in the heart of Dubai’s Jumeirah Garden City, with the project on track for handover in Q2 2026.
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50% of vehicles sold will be EVs by 2030, predicts Gartner
More than 50% of all vehicle models marketed by automakers will be electric vehicles (EVs) by 2030, according to a Gartner report.
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New Murabba in deal to promote green building practices
New Murabba Development Company, a Saudi PIF unit, has signed an agreement with King Khalid Foundation to advance sustainable development initiatives across the kingdom. It will focus on developing innovative solutions for green building practices.
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MassiveMusic provides sonic identity for Aroya Cruises
MassiveMusic Dubai, a Songtradr company and the Middle East’s leading music creative agency, has delivered an award-winning music and sound identity for Saudi Arabia’s Aroya Cruises.
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Sony Alpha Festival to empower creative community
Sony Alpha Festival 2025, an exclusive event for photographers, videographers, and content creators in the UAE, will take place on January 18 in Dubai and on Janaury 25 in Abu Dhabi, Sony Middle East and Africa has announced.
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Etihad Rail announces new bullet train from Abu Dhabi to Dubai
Etihad Rail, the developer and operator of UAE's national railway network, has announced the launch of its new high-speed train that will operate from Dubai to Abu Dhabi. The travel time between the two emirates is likely to be 30 minutes.
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