Monday 13 October 2025
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Industry Sectors

Construction & Real Estate
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Construction & Real Estate

Sobha Realty sells over 50pc launch inventory within first week

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

Al Meera, Kafy in deal to revolutionise food procurement, logistics

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

TotalEnergies, Chevron push for faster permits, seismic data in Africa

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, Paypal ink deal to speed-up cross-border trade

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

Fully autonomous vehicles ‘can unlock $18.7bn opportunity for Gulf’

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

AD Ports, Yantai Port to develop green automotive business parks

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 JV signs deals for Damascus airport revamp project

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 unit partners with Siemens to deliver AI-enabled solutions for key sectors

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

Fully autonomous vehicles ‘can unlock $18.7bn opportunity for Gulf’

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 boosts relationship with Mayo Clinic

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 launches Scale360 entrepreneurial mentoring programme

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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