Over 94 percent of transactions were cashless whereas 88 percent were contactless, “showcasing fans’ strong preference for digital ways to pay” |
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| Launched by DAMAC, the 14-storey building will have sky villas and penthouses |
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| Corporate bosses from the West are being chased for heading new business initiatives, to bring in directional changes of family-owned businesses or to turnaround existing businesses in the GCC region |
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| Wednesday’s property deals included 626 sales transactions worth AED1.54 billion, 102 mortgage deals of AED702.39 million and 49 gift deals amounting to AED270.94 million |
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| UAE’s Ministry of Human Resources and Emiratisation issues payment and strike rules |
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| The new hotel will have 150 rooms overlooking the Greg Norman-designed Al Mouj Golf Club; It will become operational in 2027 |
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| UAE expats say they may leave country over rising cost of living |
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Saudi Arabia’s PIF is planning to build a 2km skyscraper in Riyadh |
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| Private sector companies have been notified by the Ministry of Human Resources and Emiratisation |
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| Artists, singers, curators, dancers, musicians or performers are eligible for the 10-year visa |
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| Record Dubai land deal as developers look to build ultra-luxury apartments |
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| UAE’s Ministry of Human Resources and Emiratisation issues payment and strike rules |
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| Saudi Arabia will host a purpose-built indoor adventure centre open in Riyadh |
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| Oman releases dates for all public and private holidays in 2023 |
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Several trends in the region are driving its importance as a hub for global trade |
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| The kingdom is on the verge of achieving what has never been done before: Building a mega smart city that will serve not just as a destination but as a sustainable living and working environment |
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Lanai Islands, which is scheduled for completion in 2026, will be the first of two private islands at Tilal Al Ghaf |
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| The luxury island destination will act as a main gateway to the Red Sea, offering visitors customised nautical experiences and is expected to start welcoming guests from early 2024 |
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