The Dubai World Trade Centre (DWTC) has partnered with Informa Group to create a pioneering global entity in Exhibitions and Event Management. This strategic collaboration will operate primarily from the Middle East, South Asia, and Africa regions. The new company, named Informa International, is expected to be fully operational by the fourth quarter of 2025...
In February 2025, foreign inflows into the Gulf Cooperation Council (GCC) equity markets reached a significant net inflow of $2.47 billion. This figure represents a substantial increase from the $939 million recorded in January. The latest report highlights the UAE’s leadership in this surge, accounting for the entirety of the inflows. Saudi Arabia followed the...
UAE-based delivery service talabat has finalized its acquisition of the grocery platform Instashop from its German parent company, Delivery Hero, for $32 million. This strategic move aims to enhance talabat’s grocery and retail portfolio across the Emirates and Egypt. The sale, first announced in September 2024, was funded entirely through talabat’s internal cash reserves. With...
A significant influx of German millionaires is evaluating the prospect of relocating to the United Arab Emirates (UAE) due to increasing political tensions and economic uncertainty across Europe. This observation comes from a recent survey conducted by Arton Capital, a global investor migration consultancy. The survey targeted 1,000 German residents with a net worth of...
Sustainable bond issuances in the Middle East are projected to reach between $18 billion and $23 billion in 2025, with the UAE and Saudi Arabia expected to contribute around 60% of this total, according to S&P Global Ratings. This significant growth reflects the increasing focus on sustainable financing in the region. Currently, sustainable bonds represent...
Arada has awarded a contract worth AED 604 million to Modern Building Contracting Company (MBCC) for the construction of the first phase of the Arada Central Business District (CBD). This new commercial hub is part of the AED 35 billion Aljada megaproject in Sharjah. Construction is set to begin immediately, with the completion and handover...
Smiles, a rewards-driven super app operated by e& UAE, has announced a partnership with Tencent Cloud aimed at enhancing digital commerce within the UAE. This collaboration, revealed during the Mobile World Congress 2025 in Barcelona, represents a significant step forward in the region’s digital landscape. As part of this partnership, Smiles will integrate Tencent Cloud’s...
Abu Dhabi is set to significantly upgrade mental health support in schools, transitioning from a traditional counselling model to a comprehensive system that integrates wellbeing into all aspects of student life. This shift is mandated by the Abu Dhabi Department of Education and Knowledge (ADEK), which requires every school to establish a dedicated student wellbeing...
The MENA region experienced a significant increase in merger and acquisition (M&A) activity in 2024, with a total of 701 deals valued at $92.3 billion. This marks a 3% rise in deal count compared to 679 deals in 2023, while the total deal value has increased by 7% from the previous year. The Gulf Cooperation...
Saudi Aramco, the world’s largest energy company, is contemplating a potential bid for lubricant assets being sold by BP Plc. This move aligns with the Middle Eastern company’s strategy to enhance its presence in oil-consuming countries, according to sources familiar with the matter. Aramco is evaluating whether to bid for part or all of the...