Friday 28 March 2025
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Industry Sectors

Construction & Real Estate
Retail & Wholesale
Energy, Oil & Gas
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Construction & Real Estate

RSG unit announces three branded residential projects

Red Sea Residences, a part of leading integrated Saudi real estate developer Red Sea Global (RSG), has unveiled its branded residential offerings - Nujuma (a Ritz-Carlton Reserve), Jumeirah and Miraval - at its Red Sea destination.

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Retail & Wholesale

Jacob & Co. unveils first World Is Yours Salman Khan watch

Jacob & Co., the globally renowned high jewellery, high watchmaking brand, has launched a limited edition in 'The World Is Yours Dual Time Zone' collection, created in collaboration with Bollywood superstar and style icon of Indian cinema Salman Khan.

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Energy, Oil & Gas

Global energy demand growth surges to twice of recent average

Global energy demand grew at a faster-than-average pace in 2024 as the consumption of electricity rose around the world – with increased supply of renewables and natural gas covering the majority of additional energy needs, according to a new IEA report.

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Finance & Capital Market

Gulf Mercantile Exchange marks first trade on ACE

Gulf Mercantile Exchange (GME), a leading international energy futures and commodities exchange in the Middle East, has announced the first trade on its Alternative Crude Ecosystem (ACE), thus setting a new era for Middle East crude trading.

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Analysis, Interviews, Opinions

UAE economy resilient amid global trade war, says expert

As uncertainty lingers over the transition from trade wars to trade deals with the US, global economic confidence remains shaken. However, UAE’s economy remains resilient thanks to stable investment climate and strong global ties.

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Industry, Logistics & Shipping

AD Ports unit, Indra to develop solutions for EMEA ports

AD Ports Group said its digital arm, Maqta Technologies has entered into a deal with Spain's Indra Group to explore opportunities for jointly offering digitalisation services for ports, logistics and trade across Europe, Middle East, and Africa (EMEA).

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Travel, Tourism & Hospitality

Kleindienst completes work on 264-key Dubai hotel property

UAE-based Kleindienst Group said work has been completed on its Nice-inspired hotel located at the Heart of Europe, a key waterfront development within its World Islands, off the coast of Dubai. The 264-key property offers deluxe and premium rooms.

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IT & Telecommunications

EDGE LIF in deal to empower local talent with innovative programme

EDGE, a leading advanced technology group, said one of its key units, EDGE LIF, has forged a partnership with leading consulting and training firm QuantaSim to empower local talent with its innovative engineering bootcamp.

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Motoring

All-new Audi A5 arrives in Saudi Arabia

Audi Saudi Arabia has welcomed the new Audi A5 and S5 models to the region. Embodying sophisticated design, exhilarating performance, and cutting-edge technology, the Audi A5 lineup represents a bold evolution from the iconic A4 nameplate.

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Health & Environment

Saudi communities creating greener, more sustainable kingdom

Communities across Saudi Arabia are driving meaningful environmental change through initiatives ranging from sustainable neighbourhoods to nature reserves, demonstrating the power of local action in fulfilling the kingdom's green ambition, said experts.

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Media & Promotion

Saudi Arabia completes restoration of ancient mosque in Aseer

Saudi authorities have announced the successful restoration of the ancient Al Hosn Al Asfal (lower fort) Mosque spanning 134 sqm in Aseer Region. The mosque, established 271 years ago, features a Sarat-style design and can accommodate 32 worshippers.

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Education, HR & Training

StartUp in partnership deal to boost Bahrain SMEs' digital growth

StartUp Bahrain, a leading platform for startups in the kingdom, has signed a strategic partnership with ordable/, a pioneering business management platform designed to enhance operational efficiency and support the digital growth of SMEs in the region.

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Miscellaneous

Forbes unveils Mideast Top 40 influential money movers list

Forbes Middle East has unveiled its Top 40 Asset Managers list, spotlighting the region’s most influential leaders shaping the investment landscape. Collectively, they managed over $439 billion in assets in 2024 spanning equities, debt funds and REITs.

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