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Construction & Real Estate
Leading Dubai developer Sobha Realty has announced that it has sold out more than 50% of the units in the first three residential towers within its flagship Downtown Umm Al Quwain (UAQ) within the first week of its launch.
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Retail & Wholesale
Top Qatari retailer Al Meera has signed a strategic deal with Kafy, an innovative platform to facilitate food supply between the hospitality, restaurant sectors and suppliers in Qatar, to help revolutionise its food procurement and logistics sector.
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Energy, Oil & Gas
Global leaders including TotalEnergies and Chevron said improved seismic surveys and faster permitting were key to unlocking the frontier energy potential of Africa. As per a recent study, Africa’s frontier basins hold significant volumes of oil and gas.
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Finance & Capital Market
DP World has signed an agreement with global commerce platform PayPal to collaborate on a first-of-its-kind digital payments initiative designed to simplify and speed-up cross-border trade. It is aimed at expanding access for merchants and marketplaces.
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Analysis, Interviews, Opinions
The global market for fully autonomous vehicles (FAVs) – set to redefine mobility in major cities – could be worth $182 billion by 2035, generating nearly $19 billion in the GCC region alone, according to a new report issued by Strategy& Middle East.
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Industry, Logistics & Shipping
Abu Dhabi's AD Ports Group has signed a deal with SPG Yantai Port, a large Chinese enterprise that operates major ports in Shandong province, for setting up green automotive business parks to promote vehicle trade between Asia and Mena region.
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Travel, Tourism & Hospitality
UCC Holding, on behalf of its JV partners, has signed five consultancy and design agreements as part of Damascus International Airport revamp project. The scope includes setting up of a five-star hotel with 200 keys as well as other major facilities.
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IT & Telecommunications
L&T Tech, an AI, digital & ER&D consulting services leader and a key unit of Indian construction conglomerate Larsen & Toubro, has signed a partnership deal with Siemens to deliver simulation-driven automation & AI-enabled solutions for diverse sectors.
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Motoring
The global market for fully autonomous vehicles (FAVs) – set to redefine mobility in major cities – could be worth $182 billion by 2035, generating nearly $19 billion in the GCC region alone, according to a new report issued by Strategy& Middle East.
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Health & Environment
Saudi German Health (SGH), one of the region’s leading healthcare providers, has announced a major expansion of its relationship with US-based Mayo Clinic, in a move aimed at transferring the latest global medical expertise to Egypt and the region.
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Education, HR & Training
IFZA, Dubai’s dynamic free zone community, has launched the first cohort of Scale360, a programme designed to equip founders with the tools, mentorship, and resources needed to scale their ventures into the UAE market.
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Miscellaneous
The second edition of Global Rail, hosted by Etihad Rail, which concluded in Abu Dhabi this week witnessed several new partnerships and strategic collaborations.
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