Business & Money | Thursday 8 May, 2025 1:00 pm

Dubai real estate market sets new monthly sales record of AED 62.4B in April

Dubai’s thriving real estate market set a new all-time monthly sales record of AED62.4 billion in April, a 95.3% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month’s total of 17,979 transactions also represented a 55.4%...

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Business & Money | Thursday 8 May, 2025 12:57 pm

NEOM Investment Fund partners with MemryX to scale energy-efficient Edge AI computing

 NEOM Investment Fund (NIF), the investment arm of NEOM, has announced a strategic investment in MemryX, a US-based leader in Edge AI semiconductor solutions. The partnership will accelerate the development and deployment of next-generation, energy-efficient edge AI accelerators which are...

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Business & Money | Thursday 8 May, 2025 12:53 pm

DGHR holds first awareness workshop for ‘Research Awards 2025’

The Dubai Government Human Resources Department (DGHR) organised the first awareness workshop for ‘Research Awards 2025’, aligning with its strategic vision to empower national talents, including government employees and university students, while bolstering the Emirate’s human resources...

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Business & Money | Thursday 8 May, 2025 12:51 pm

Abu Dhabi’s economic delegation to Japan explores new avenues to strengthen partnerships

 As part of Abu Dhabi’s ongoing efforts to enhance ties with leading global economies, the Abu Dhabi Department of Economic Development (ADDED) will lead the emirate’s economic delegation to Japan from 6 to 9 May 2025, exploring new avenues to enhance cooperation in various industries and...

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Business & Money | Thursday 8 May, 2025 12:46 pm

Estarta Partners with Fortinet to Expand Professional Services Offering

Estarta Partners with Fortinet to Expand Professional Services Offering Estarta, a leading provider of premium outsourced technical services and software development across the Middle East, Europe, and the US, is proud to announce its strategic partnership with Fortinet, a global leader in...

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Business & Money | Thursday 8 May, 2025 11:31 am

Tourism Development Fund to Join Future Hospitality Summit as Enablement Partner

The Tourism Development Fund (TDF), the Kingdom’s tourism enabler, has announced it will serve as an enablement partner in the Future Hospitality Summit (FHS) Saudi Arabia. The event is scheduled to take place in Riyadh from May 11 to 13, 2025, and will bring together global decision-makers and...

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Business & Money | Thursday 8 May, 2025 9:55 am

Denys Boiko on fintech opportunities abound across the GCC

Despite 2024 having seen a relative downturn of funding activity in fintech sectors globally, there is clear evidence of strong opportunities for innovators and investors in the GCC region. “Activity across the fintech investment landscape internationally has slowed somewhat relative to the...

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Technology & IT | Wednesday 7 May, 2025 10:40 pm

AI drives major gains in customer experience in Saudi Arabia according to new KPMG study

KPMG has released its latest Customer Experience Excellence Report – Saudi Arabia 2024–2025, unveiling how artificial intelligence is fundamentally transforming customer expectations and service delivery across the Kingdom. Based on responses from more than 1,500 Saudi consumers evaluating 96...

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Business & Money | Wednesday 7 May, 2025 2:33 pm

Tabuk launches public bus transport project

Prince Fahd bin Sultan bin Abdulaziz, Governor of Tabuk Province, inaugurated today the operational phase of the city’s public bus transport project. According to SPA, the operation includes a modern urban transport network covering five main routes spanning 136 kilometers. The network will...

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Business & Money | Wednesday 7 May, 2025 2:29 pm

Saudi Arabia aims to bring medium, large cities under public transport

Work is underway to expand the coverage of public transport projects to include most medium and large cities in Saudi Arabia, Rumaih Al-Rumaih, Deputy Minister of Transport and Logistics and Acting President of the Public Transport Authority, told News 24. Speaking after the launch of the...

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