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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,...

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...

UAE most preferred nation to live in: Arab youth survey

For the 12th consecutive year since they were asked to name the countries they consider ‘model nations’, Arab youth have said the United Arab...

70% of young employees prefer hybrid work in UAE

Oliver Wyman has discovered that Gen Z-ers in the UAE overwhelmingly prefer hybrid work.

Online job scams on the rise in GCC: Report

Cybercriminals posing as HR managers from high end fashion brands are luring victims to download fraudulent files with the intent to steal credentials for...

Oman plans to reduce restrictions on FDI, says OIA President

The Oman Investment Authority is preparing to exit more than five investments in different sectors through IPOs or direct sale to strategic buyers in 2023. These sectors include energy, aviation, manufacturing, tourism and ICT.

Oman Qatar Insurance Company’s capital rises to OMR 30 million after Vision Insurance merger

Capital Market Authority has approved the resolution of the extraordinary general meeting of Vision Insurance to dissolve the company and merge with OQIC.

First phase of sustainability city in Oman’s Yiti set to complete in 2025

Embarking on a significant path towards achieving net zero emissions, The Sustainable City – Yiti announced the much-anticipated launch of property sales for phase...

‘Middle East’s travel and tourism booming’

According to officials, nearly 40,000 people attended the recently concluded Arabian Travel Market.

Sounding the Bell for a sustainable future in aviation

Bell now has an installed base of approximately 13,000 helicopters and offers a full suite of post-sales support and services, through a network of six Bell-operated service centers and 100 independent service centers.

Don't miss

National Life and General Insurance Company: Delivering value beyond insurance to customers

Oman’s largest insurer NLGIC is on course to become a regional multi-line, multi-country giant delivering value beyond insurance to the customers.

AI central to UAE’s economic diversification, says COP28 President-Designate

AI will contribute to the UAE’s net zero strategic initiative by 2050 and help unlock advances in climate progress, says H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology.

Economic growth in GCC to more than halve in 2023: World Bank report

However, the GCC growth will still outperform the wider Middle East and North Africa region, forecast to grow by 3% in 2023, down from 5.8% growth in 2022.

KitchenomiKs aims to transform on-demand food economy in Oman

KitchenomiKs cooks up dainty on-demand delicacies, tossing in emerging technologies, yummy multi-brand choices and seamless delivery.

Real estate sector in GCC experiencing ‘profound transformation’: Expert

The real estate sector in the GCC region is...
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