Business

Hospitality and residential projects worth US$D1.9 trillion are under development in the Middle East

Hospitality and residential projects worth US$D1.9 trillion are under development in the Middle East

26 Sep 2023

Hospitality and residential projects worth US$D1.9 trillion are under development in the Middle East, with Saudi Arabia, United Arab Emirates and Egypt accounting for 90 per cent (US$1.7 trillion) of investment, according to key data released ahead of the Future Hospitality Summit, taking place in Abu Dhabi, 25-27 September 2023.

Research by global independent real estate consultants Knight Frank reveals that KSA is top of the region’s project investment table, with US$1.2 trillion... Read More

Global hospitality leaders eye investment opportunities at Abu Dhabi summit

Global hospitality leaders eye investment opportunities at Abu Dhabi summit

25 Sep 2023

The global hospitality sector is set to witness a significant influx of investment as key industry players from over 50 countries convene at the Future Hospitality Summit in Abu Dhabi from Sept. 25-27.

Centered around the theme “Focus on Investment,” the event will serve as a catalyst for change, facilitating interactions among over 1,000 hospitality leaders through debates, dialogues, initiatives, and announcements.

Hosted at the Hilton Abu Dhabi Yas Island, the agenda for the... Read More

World's first floating mosque worth Dhs55 million to build in Dubai

World's first floating mosque worth Dhs55 million to build in Dubai

22 Sep 2023

The Islamic Affairs and Charitable Activities Department (IACAD) in Dubai, on Thursday, announced the launch of a number of new plans, programmes and initiatives to promote religious tourism in the emirate.

This came during a press conference held at the IACAD's headquarters in the presence of Dr. Hamad Bin Sheikh Ahmed Al Shaibani, Director General of IACAD, Mohammed Ali Bin Zayed Al Falasi, Executive Director of the Mosques Affairs, Dr. Omar Mohammed Al Khatib, Executive Director of... Read More

UAE residents to have a long three-day weekend next week

UAE residents to have a long three-day weekend next week

18 Sep 2023

Next week workers across the UAE (who work from Monday to Friday) will get a three-day weekend.

That’s because Prophet Muhammad’s (PBUH) birthday is predicted to fall on Wednesday September 27, with the public holiday to commemorate the occasion falling on Friday September 29.

The UAE Government confirmed that Friday September 29 will be a public holiday on X, previously named Twitter, last year.

Time to start planning a staycation. Need some inspiration? You can see a... Read More

Bulgari marked the grand opening of 75 Years of Infinite Tales exhibition

Bulgari marked the grand opening of 75 Years of Infinite Tales exhibition

15 Sep 2023

In a dazzling event held last night at The DIFC in Dubai, Bulgari marked the “Serpenti Factory” grand opening and the captivating “75 Years of Infinite Tales” exhibition. On this special occasion, the iconic Serpenti emblem took center stage, casting a mesmerizing display of projection mapping on the Gate Building painting the Dubai skyline with its radiant allure. It was a momentous occasion that merged the worlds of luxury and artistry.

Dubai stands as a dynamic global hub,... Read More

DAMAC elevates Dubai’s waterfront living with four iconic residences

DAMAC elevates Dubai’s waterfront living with four iconic residences

15 Sep 2023

As the Dubai’s skyline continues to evolve, DAMAC Properties reaffirms its position at the forefront of luxury real estate with an exclusive focus on waterfront living. Offering some of the most prestigious residential projects including: DAMAC Bay, Cavalli Couture, Canal Heights, and Coral Reef.

DAMAC Bay: Where Fashion Meets the Ocean

Located in Dubai Harbour, DAMAC Bay maintains a design scheme inspired by the wonders of maritime life throughout, with an interior that... Read More

ATM 2024 to explore how entrepreneurship is empowering innovation in the Middle East’s travel industry

ATM 2024 to explore how entrepreneurship is empowering innovation in the Middle East’s travel industry

07 Sep 2023

Arabian Travel Market (ATM), the Middle East’s leading event for inbound and outbound travel and tourism professionals, has unveiled its next theme: ‘Empowering Innovation: Transforming Travel Through Entrepreneurship.’ The 31st edition of the show will take place at Dubai World Trade Centre (DWTC) from Monday 6 to Thursday 9 May 2024.

Over the last 15 years, the travel and tourism industry has secured only 1 percent of total funding for startups across all industries, according to... Read More

Bally appoints Simone Bellotti to lead Bally Design Studio

Bally appoints Simone Bellotti to lead Bally Design Studio

05 Sep 2023

Swiss luxury brand, Bally, is pleased to announce that the direction of the Bally Design Studio has been entrusted to Design Director Simone Bellotti, who joined the company in October 2022 after a 16-year tenure at Gucci.

Simone Bellotti, whose career in addition to Gucci also includes senior design positions at Dolce & Gabbana, Bottega Veneta, and Gianfranco Ferré, brings with him a deep understanding of both ready-to-wear tailoring and accessories craftsmanship. This new... Read More

Saudi Esports Federation and KFC announce partnership to empower local esports talent onto the global stage

Saudi Esports Federation and KFC announce partnership to empower local esports talent onto the global stage

05 Sep 2023

The Saudi Esports Federation (SEF) and Kentucky Fried Chicken (KFC) have officially unveiled a transformative three-year partnership dedicated to advancing local talent onto the global esports stage, including a groundbreaking initiative for women gamers. 

The collaboration will introduce a series of events and challenge-based initiatives, especially designed to nurture fresh Saudi esports talent. These initiatives will offer aspiring gamers a direct pathway into SEF's renowned... Read More

UAE astronaut back on Earth after 186 days in space

UAE astronaut back on Earth after 186 days in space

04 Sep 2023

Emirati astronaut Sultan AlNeyadi splashed down safely in the SpaceX Dragon Endeavour in the Atlantic Ocean off the coast of Jacksonville, Florida, at 8:17 am on Monday, after 186 days in space. He greeted the moment with a smile and a thumbs-up, signifying his return to Earth's gravity after completing the long-haul mission. Meanwhile, following AlNeyadi's triumphant return to Earth, Salem AlMarri – Director General, MBRSC said, “Our joy is indescribable… In these historic six months, we... Read More

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