ADNEC Group achieved a record AED 8.5 billion contribution to the UAE economy in 2024, exceeding its 2023 impact of AED 7.4 billion. This milestone reflects its growing role in supporting the UAE’s push for economic diversification and a knowledge-based economy, according to WAM. Humaid Matar Al Dhaheri, ADNEC Group’s Managing Director and CEO, described...
Eagle Hills, a global real estate developer based in Abu Dhabi, has signed a Memorandum of Understanding (MoU) with the Government of Georgia to invest over $5.5 billion in two transformative urban projects. According to the Emirates News Agency, this partnership aims to reshape Georgia’s cities of Tbilisi and Batumi, focusing on sustainability, innovation, and...
The UAE is set to retain its position as the fastest-growing economy in the GCC in 2025, with a projected growth rate of 6.7%, according to KPMG’s latest CEO Outlook report. As reported by Khaleej Times, this marks a significant rise from the 3.8% growth expected this year. The growth is being driven by the...
The Dubai-Riyadh air route has secured its place among the world’s top 10 busiest international routes for 2024, with over 4.3 million seats available. According to UK-based travel data provider OAG, this marks an 8% growth from last year and a significant 34% increase compared to 2019. This surge in air traffic highlights the rapid...