EXCLUSIVE: Dubai’s Samana Developers targets ultra-wealthy with $600mn Elie Saab Maldives hideaway Nightly rates to hit $8,000 at Elie Saab’s first Maldives resort, as Dubai developer launches $2.3 million pool apartments with invite-only beach villas launching for sale soon Open banking fuels GCC fintech boom as UAE, Saudi lead regional growth surge The open banking payments volume in the GCC…
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SAMANA Ocean Views. Image: Supplied

Nightly rates to hit $8,000 at Elie Saab’s first Maldives resort, as Dubai developer launches $2.3 million pool apartments with invite-only beach villas launching for sale soon

Investment in fintech hubs such as Abu Dhabi Global Market and Dubai International Financial Centre (pictured), combined with industry-friendly regulatory initiatives, is attracting global fintechs and investors to the region. Image: Shutterstock

The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in 2023 amidst all the member countries running real-time payment programmes

Jeddah Saudi Arabia

Saudi Arabia is on track to attract 70m tourists annually by 2030

Emirates A350

The Emirates A350 launch follows operations to Edinburgh, Kuwait, and Bahrain

Paymob Retail Payment Services

The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions

Mardi Holding Expands into UAE

The launch into the UAE market will be facilitated through ZAM Prime Properties

insurance and reinsurance market

The agreement, which envisages a longstanding partnership, will help support development of a talent pipeline into the fast-growing Middle East region

Editors-choice
Ras Al Khaimah real estate Mina Mirasol

Ras Al Khaimah will be transformed with a massive $1.4bn development pipeline, including new Mirasol project

Azizi Wasel Dubai Islands real estate

Azizi Developments launches $272,000 homes in Dubai Island

Record Real Estate Performance in Central and Eastern Sharjah

Sharjah real estate sector sees massive increase in transaction value in 2024

Aljada Sharjah real estate arada

Arada launches sales for Safa in Aljada development in Sharjah

sharjah real estate district 11

District 11 in Sharjah will feature 11 buildings with 200 commercial units

Middle East CEOs

UAE and Saudi CEOs are among the most optimistic in the world, according to PwC’s 28th Annual CEO Survey

Business travellers are increasingly seeking experiential opportunities, such as cultural experiences or activities that promote team bonding

The rising trend of “frolleague” will also add to the demand spike for business travel to the region this year

Featured-Analysis
The International Renewable Energy Agency estimates that, between now and 2030, the Middle East will invest an average of $35 billion annually in renewable energy projects. Image: Shutterstock

The energy transition represents an unprecedented opportunity for businesses to future-proof operations, reduce costs, and demonstrate leadership in sustainability

Trump 2025

Trump’s first day makes Biden’s four years look timid

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