Hello reader,

In today’s newsletter:

Here are the latest updates from Arabian Business, which includes various topics that have significant implications for the region's advancement.

In case you didn't have a chance to read them yesterday, our editorial team has handpicked these stories to keep you well-informed and up-to-date on Thursday's news:

In a major development, UAE has signed a mutual visa exemption with another country in Asia.

On the real estate front, Dubai’s Azizi Developments has announced details of what is planned to be the city’s second tallest skyscraper.

In addition to this, the Kempinski Floating Palace has been generating considerable excitement in Dubai for a few years now, captivating the attention of not just those in UAE, but a global audience.

Speaking of megaprojects, Saudi Arabia’s ambitious gigaproject NEOM, has consistently announced plans for the creation of ten new cities as part of its groundbreaking $500 billion initiative. Each of the ten cities is tailored to specific industries and sectors, with a focus on attracting global investments and fostering economic growth.

Aside from this, the kingdom's health authorities have also urged people to wear face masks in crowded places, amid concerns over the spread of infection diseases such as Covid-19.

THE LONGER READ:

The now enlarged BRICS+ deepens the pursuit of a post-dollar world as geopolitical fault lines shift, experts say