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Dubai real estate sector sees $38 billion of sales in Q1

The latest data from fäm Properties shows that the Q1 figures came close to the all-time record of AED147.2 billion posted in Q4 2024,...

UAE ranks first globally in Global Entrepreneurship Monitor Report

Reaffirming its position as the world’s top environment for startups and SMEs, the UAE outperformed 55 economies, leading in 11 of 13 key indicators...

Businesses hold back hiring as UAE job creation hits three-year low

Most companies are opting to maintain existing workforce levels, with subdued demand growth and global market shifts prompting a cautious approach. The latest Purchasing Managers...

Nama attracts Samsung and ACWA for 2,400 MW projects in Oman

Oman’s Nama Power & Water Procurement Company has received competitive bids from 12 major global and regional developers for its strategic Independent Power Projects...

Dubai to launch self-driving taxis in 2026

The Roads and Transport Authority (RTA) has announced the official launch of autonomous taxis in the Emirate by 2026, with commercial pilot operations beginning...

MSX raises $32 billion in five years as Roundtable reveals Oman’s capital market growth

Held in the presence of Abdulsalam bin Mohammed al Murshidi, President of the Oman Investment Authority, and Mohammed bin Mahfouz al Ardhi, Chairman of...

With the non-oil sector projected to grow by 5.8%, Saudi Arabia real estate projects exponential growth

With the non-oil sector projected to grow by 5.8%, the Kingdom is laying firm groundwork for sustained investment, innovation, and expansion across key sectors. Despite...

Kuwait’s new legislation regarding public borrowing allows debt issuance up to 50 years, capped at KD30 billion

The law, announced by the Ministry of Finance, permits the issuance of financial instruments with maturities of up to 50 years and sets a...

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