Dubai’s hospitality sector is poised for significant growth, particularly for properties at Dubai Parks and Resorts, due to the upcoming expansion of Maktoum International Airport. Hoteliers believe that the completion of this expansion will greatly increase visitor numbers and enhance the overall appeal of Dubai Parks and Resorts. Faiek El Saadani, General Manager at Lapita,...
Sharjah’s economy is poised for impressive growth, projected to expand by up to 7.5% in 2025. This optimistic forecast is attributed to smarter policies, increased economic integration, and foreign investments across key sectors, according to Sheikh Fahim Bin Sultan Bin Khalid Al Qasimi, executive chairman of the Department of Government Relations. According to Khaleej Times,...
First Abu Dhabi Bank (FAB) is set to undergo a significant restructuring by splitting its operations into four new divisions. This strategic move aims to enhance its business in the Gulf region and improve shareholder returns, according to two sources familiar with the situation. As part of this reorganization, FAB has chosen Linos Lekkas, a...
The Dubai WoodShow, recognized as the leading platform for the wood and woodworking machinery industry in the Middle East and North Africa, is gearing up for its 21st edition from April 14 to 16, 2025. The event, set to take place at the Dubai World Trade Centre, is expected to attract over 15 000 visitors...
Saudi Arabia’s investment landscape is evolving with significant funding activities across various sectors. Recently, Aramco Ventures spearheaded a $30 million Series A funding round for Spiritus, a climate tech startup based in the United States. Other notable participants in this funding round included Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures. According to ArabNews,...
The Ministry of Industry and Advanced Technology has launched the second edition of the National Youth Professionals Program. This initiative aims to build the capabilities of young national talents in the fields of standardization and conformity assessment. The launch event was attended by Khaled Al Nuaimi, Director General of the Federal Youth Authority, along with...
The Ajman Department of Tourism Development (ADTD) has successfully wrapped up its participation in ITB Berlin 2025, which took place from March 4 to 6 in Berlin, Germany. The event attracted significant attendance from key industry leaders, tour operators, and travel enthusiasts worldwide. Through various activities, ADTD showcased Ajman’s premier offerings in tourism, culture, and...
QUBE Development has announced a generous contribution of AED 2 million to the Fathers’ Endowment campaign, an initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The campaign, which coincides with Ramadan, focuses on honoring fathers in the UAE by setting...
On International Women’s Day, UAE leaders, including President Sheikh Mohamed, acknowledged the significant contributions and achievements of women across various sectors. President Sheikh Mohamed emphasized that women have a “pivotal impact and achievements in all fields,” highlighting their essential role in the nation’s development. Accordint to The National, in addition to the President, other prominent...
Sharjah Media City (Shams) organized the “Shams Ramadan Tournament,” an esports event aimed at engaging the community and promoting digital entertainment during the holy month of Ramadan. This tournament took place in Sharjah on March 7, 2025. The event is expected to attract a diverse group of participants, showcasing various games that appeal to both...