Category: Buzz

Forecasts place global GDP growth at 3.2 percent for 2025, yet the United Arab Emirates is projected to expand at about 4 percent and the Kingdom

A fully overhauled six‑bedroom villa in Arabian Ranches 2 has sold for AED 14.5 million, establishing a new sales record for the community. The property, refurbished by

Saudi Arabian Oil Company, widely known as Aramco, is dramatically expanding beyond its oil and petrochemical roots into a diversified, technology-centric energy powerhouse. Under

Gulf economies—led by the UAE and Saudi Arabia—are forecast to sustain stronger growth, underpinned by higher oil output and robust non-oil activity, even as

Santos Ltd’s board of directors has endorsed a US $18.7 billion cash offer from an Abu Dhabi-led consortium, pledging immediate relief for stretched gas markets but

Oil markets surged on Tuesday and Wednesday as escalating military exchanges between Iran and Israel sparked investor anxiety. Brent crude futures climbed approximately 2.1 per cent

The United Arab Emirates has cautioned against a dangerous spiral between Israel and Iran, as its foreign minister strongly warned that "uncalculated and reckless

Bitcoin.com has established its first Middle East and North Africa regional headquarters at Dubai’s DMCC Crypto Centre, signalling a strategic expansion in the emirate’s

Dubai’s iconic Palazzo Versace Hotel is being offered at auction with an opening bid of approximately $163 million, a sharp reduction from its last estimated value

Donald Trump’s financial disclosure for the 2024 calendar year reveals more than $600 million in gross income and at least $1.6 billion in assets, offering a

FDI inflows into the Gulf Cooperation Council economies are set to decelerate in 2025, according to S&P Global Market Intelligence, ending a decade-long surge. Investor

Dubai has unveiled a landmark recruitment drive, inviting skilled expatriates to fill key roles across public-sector departments with monthly salaries reaching AED 40,000. The official

IFA Hotels & Resorts, the hospitality arm of Dubai-listed International Financial Advisors Holding Company, has received board approval to increase its capital. The

OpenAI is holding discussions with a range of international investors—including Saudi Arabia’s Public Investment Fund, Reliance Industries of India, and Abu Dhabi’s MGX—to raise

Abu Dhabi Global Market has recorded a substantial leap in its development as a financial hub, marking a more than 30 per cent increase in

Louvre Abu Dhabi and the Indian Embassy in Abu Dhabi are offering a free, open‑air yoga session under the museum’s famed dome to mark

Business registration has officially opened for retail and food outlets wishing to participate in Season 30 of Global Village, with organisers announcing that entrepreneurs

Emirates NBD, the UAE’s second-largest bank by total assets, has initiated a mandate for a possible 10-year fixed-rate “Kangaroo” bond denominated in Australian dollars

Red Bull is staging a groundbreaking multiplayer gaming finale in Dubai this December, where elite competitors will face off in Tetris on a dramatic

Dubai’s FIX Dessert Chocolatier confirmed it will unveil a new chocolate bar at Mall of the Emirates this Friday, June 13, launching a three‑day pop-up

Dubai’s Museum of the Future has launched a vibrant series of events and interactive workshops designed to engage visitors with cutting-edge technology and innovation

Dubai has recorded a robust 20 per cent increase in overall student enrolment at private higher education institutions during the 2024–25 academic year, pushing total

Dubai Mall is set to undergo a significant expansion, with Emaar Properties announcing a substantial investment of AED 1.5 billion to enhance the mall's

Oil prices maintained stability following a notable rise as market participants reacted to constructive signals from high-level discussions between the United States and China.

Ritchie Bros.' Dubai auction on June 4–5, 2024, recorded significant international participation, with 981 bidders from 69 countries. The event saw 1,123 lots sold

The UAE's non-oil private sector experienced its slowest growth in nearly four years in May, with the S&P Global Purchasing Managers' Index dropping

Drunk Elephant's Lala Retro Whipped Cream has become a sought-after skincare product in the UAE, particularly among consumers seeking effective hydration solutions. The cream's

Dubai is poised to make a significant impact at the upcoming IMEX event, reinforcing its status as a premier destination for global meetings and

Abu Dhabi Global Market reported a 33% year-on-year increase in assets under management for the first quarter of 2025, reaching a total

Dubai’s tech and creative sectors are booming, and local startups and agencies are keen on tools that save time and cut costs. On one

As top Gulf leaders vied to commit trillions of dollars in investment pledges during President Donald Trump’s Middle East tour, a significant shift emerged

Arada has launched Akala, a AED 5 billion development positioned as the world's first precision wellness destination, located between Dubai International Financial Centre