Category: Business News
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Arada enters Syria via partnership with Syrian Sovereign Fund to develop $7bn mixed-use megaproject in New Damascus
Damascus, Syrian Arab Republic: 1 September 2026 – Arada, one of the world’s fastest-growing master developers, has announced its entry into the Syrian Arab Republic through a joint venture with the state-owned Syrian Sovereign Fund. The joint venture’s first project will be the development of a major new fully integrated city on a four million square…
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Meraas and Nakheel Launch Dedicated Golden Visa Facilitation to Streamline Customer Experience
Dubai, UAE, 29 June 2026: Dubai Holding Real Estate has introduced a dedicated Golden Visa and investor residency facilitation service at the Meraas and Nakheel sales centre, creating a more seamless journey for eligible property investors purchasing across its portfolio. The service brings residency guidance directly into the property sales journey, enabling customers to receive in-person support on eligibility, documentation…
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Swisslog to deliver a second frozen high bay warehouse project for Magnavale
Dubai, UAE, June 2, 2026 – Swisslog, a leading provider of data-driven intralogistics automation, has announced its appointment as automation partner for Magnavale’s new frozen storage facility in Avonmouth, Bristol. The project, known as Magnavale Bristol, will be the second frozen high bay warehouse Swisslog delivers under a framework agreement with Magnavale (Sadel Group). A…
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K4 Doubles Down on UAE Growth with Dubai HQ Expansion and Abu Dhabi Market Entry
Dubai, United Arab Emirates, 5th May 2026: Defying a broader “wait-and-see” sentiment across the Middle East’s real estate sector, UAE-based design and build group K4 has announced the expansion of its Dubai headquarters and its official entry into the Abu Dhabi market, as it continues to scale despite ongoing geopolitical and economic uncertainty. The move comes…
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Snowflake and Palantir Announce Strategic Partnership for Enterprise-Ready AI & Analytics
Flagship Snowflake and Palantir customer Eaton is leveraging the integration to deliver enhanced business outcomes and streamline enterprise-wide governance UAE – November 25, 2025 – Snowflake (NYSE: SNOW), the AI Data Cloud company, and Palantir Technologies Inc. (NASDAQ: PLTR), the industry leading provider of enterprise operating systems, today announced a new partnership that integrates Snowflake’s…
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Basatne Launches the GCC’s First Subscription-Based Platform to Advance Circular Retail
Through Cartlow, the UAE-headquartered company is introducing commission free multi-seller platform that will drive both affordability and sustainability across the GCC’s projected USD 390 billion retail sector Dubai, United Arab Emirates, 25 November 2025 – Basatne is reimagining the future of re-commerce retail in the UAE and the wider region by introducing the first-of-its-kind subscription-based,…
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UAE Fintech Giant Qashio Acquires Sanad Cash to Accelerate Saudi Expansion
Dubai, United Arab Emirates – 20th October 2025 – Qashio, the UAE’s leading corporate spend management platform, today announced its acquisition of Sanad Cash, one of Saudi’s first and most established expense management solutions. This landmark deal marks a major leap in Qashio’s growth into the Kingdom of Saudi Arabia (KSA) and reinforces its long-term…
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Middle East CHROs Under Pressure to Drive Growth While Cutting Costs, Korn Ferry Report Finds
Dubai, United Arab Emirates – August 2025: As business transformation accelerates across the region, Korn Ferry’s latest CHRO Survey 2025 reveals that senior HR leaders in the Middle East are under mounting pressure to deliver growth and innovation while cutting costs and driving productivity. Drawing on insights from more than 750 global HR executives, including 197 leaders from…
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Introducing Roomy Finder: Dubai’s Premier App for Shared Living Spaces
August 2025, United Arab Emirates: Finding the right room, or the right roommate, just got easier in one of the world’s fastest-moving cities. Roomy Finder, a new app purpose-built for Dubai’s dynamic rental market, officially launches today, offering a smarter, safer, and more intuitive way to connect landlords and tenants in the shared living space.…
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ASICS Signs Official Supplier Agreement with the Asian Paralympic Committee
MoU Signing Ceremony signing ceremony held on June 25, 2025. June 2025, Dubai, United Arab Emirates – ASICS Corporation is pleased to announce the signing of an official supplier agreement with the Asian Paralympic Committee (CEO: Tarek Souei, hereinafter referred to as APC). The contract will be in effect until December 31, 2026. This partnership was…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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