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Ritchie Bros.' Dubai auction on June 4–5, 2024, recorded significant international participation, with 981 bidders from 69 countries. The event saw 1,123 lots sold
Drunk Elephant's Lala Retro Whipped Cream has become a sought-after skincare product in the UAE, particularly among consumers seeking effective hydration solutions. The cream's
As top Gulf leaders vied to commit trillions of dollars in investment pledges during President Donald Trump’s Middle East tour, a significant shift emerged
Arada has launched Akala, a AED 5 billion development positioned as the world's first precision wellness destination, located between Dubai International Financial Centre
Emirates has confirmed plans to operate its fleet of Airbus A380 double-decker aircraft until the close of the 2030s, signalling a strategic decision to
Investcorp Capital, the Abu Dhabi Securities Exchange-listed alternative investment firm, has concluded the sale of 12 multifamily residential properties across five US states for
Dubai has initiated a pilot programme to tokenise property ownership, marking a significant advancement in its property sector. The Dubai Land Department , in
Dubai has launched the world’s largest visa application centre, a sprawling 150,000-square-foot facility located in Wafi City. Operated by VFS Global, the centre is
Chelsea Football Club has unveiled plans for a groundbreaking real estate venture in Dubai, marking its first foray into branded residential developments. In collaboration
New York-based consulting firm Elevate has acquired RISE Group, a marketing and commercial services consultancy headquartered in Riyadh and Dubai. The acquisition, for an
The Dubai Financial Services Authority has announced the launch of its 2025 Graduate Programme, targeting Emirati graduates and final-year students aspiring to build
Object 1, a prominent real estate developer, has announced the launch of Essenlife, a new residential development located in Jumeirah Village Triangle , Dubai.
Saudi Telecom Company’s Tali Ventures and Aramco’s Wa’ed Ventures have jointly led a $19 million investment in Graphiant, a US-based network connectivity start-up, as
Saudi Basic Industries Corporation is advancing plans to list its gas subsidiary, National Industrial Gases Company , potentially within the current year. The
Dubai’s Department of Finance and the Dubai International Financial Centre have formalised a partnership to accelerate the emirate’s transition to a cashless
President Donald Trump has unveiled a series of agreements with the United Arab Emirates totalling over $200 billion, encompassing significant investments in aviation and
Dubai has announced a comprehensive zoning initiative under its 2040 Urban Master Plan, dividing the emirate into distinct urban and rural zones. This strategic
FIX Dessert Chocolatier, the confectionery brand that ignited a global craze with its knafeh-and-pistachio-filled bars, has reinstated its pop-up at Dubai International Airport’s Terminal
Lakshmi Mittal, the steel magnate and one of Britain's wealthiest individuals, has secured ownership of a lavish mansion in Dubai's Emirates Hills, a neighbourhood
The United States has approved a $1.4 billion arms sale to the United Arab Emirates, encompassing six CH-47F Chinook helicopters and maintenance support for
By Saifur Rahman
[caption id="attachment_103273" align="aligncenter" width="886"] Amit Kaushal. Chairman of AKCEL Group[/caption]
The governments and the private sector in the GCC are investing heavily in
Primark, the renowned UK-based fashion retailer, is poised to make its debut in Dubai, marking a significant expansion into the Middle East market. The