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Browsing: Business & Economy
Brookfield appoints Saad Alfadly as Chairman of its KSA Board
Saad Alfadly will bring over 25 years of experience to Brookfield Asset Management after he was appointed Chairman of the…
Azizi Developments launches Azizi Abraham in Dubai’s Jebel Ali Free Zone
Azizi Developments, a leading private developer in the UAE, announced the launch of Azizi Abraham, a new residential development located…
US to launch visa bond pilot of up to $15,000 for visitors from ‘high-risk’ countries
The United States will begin trialling a controversial visa bond programme on August 20 that will require some travellers from…
Saudi Arabia’s ADES to acquire Norway’s Shelf Drilling in $380 million deal
Saudi-based oil and gas drilling company ADES International Holding has agreed to acquire Norway’s Shelf Drilling in a $380 million…
UAE travellers rely on AI to plan trips as industry eyes $2.3 trillion market
UAE travellers are embracing artificial intelligence (AI) for trip planning at higher rates than global peers, with 60 per cent…
Saudi Arabia launches global tourism advisory board ahead of inaugural TOURISE summit
Saudi Arabia’s Ministry of Tourism on Tuesday announced the formation of a cross-sector advisory board for TOURISE, a new global…
Dubai Centre for Family Businesses launches new advisory services to strengthen governance & growth
Under the umbrella of Dubai Chambers, the Dubai Centre for Family Businesses has rolled out three new advisory services designed…
EXCLUSIVE: Dubai’s Heart of Europe to see all remaining hotels under construction by end-2025, says Kleindienst
Kleindienst Group, developer of The Heart of Europe megaproject on Dubai’s World Islands, aims to have all remaining hotels under…
Abu Dhabi sees growth in non-oil foreign trade in the first half of 2025
When the global economy showed signs of softening in mid‑2025, Abu Dhabi’s non‑oil foreign trade did the opposite. According to…
Dubai real estate market hits second-best month on sales record with AED 65bn in July
Dubai’s property market recorded its second-best month on record in July 2025, driven by strong investor sentiment and a surge…