Dar Global and Trump Organization Unveil $10 Billion Saudi Luxury Empire
Dar Global partners with Trump Organization on Trump Plaza Jeddah and Wadi Safar projects worth $10 billion to redefine luxury living.
Middle East
First Abu Dhabi Bank Partners with T. Rowe Price for GCC Investments
First Abu Dhabi Bank teams up with T. Rowe Price to offer customized investment solutions for GCC wealth clients.
Emirates NBD Taps Asian Banks for $700m Growth Boost
Emirates NBD secures $700 million seven-year term loan from Asian lenders to support expansion and diversify funding sources.
Bank of Palestine Secures ADGM Milestone
Bank of Palestine gains in-principle approval for full banking license in Abu Dhabi, targeting global Palestinian diaspora with deposit and investment services.
Middle East New Year 2026 Ushers in Record $9,000 Room Rates Amid Sell-Outs
Middle East hotels face unprecedented demand for New Year 2026 celebrations, with top Dubai properties commanding $9,000 per night and Riyadh expecting 20 million visitors
UAE Celebrates 2025 AI Milestones with G42 Growth and Musk Collaboration Talks
The UAE capped 2025 with landmark AI achievements, including G42’s global expansions and high-level discussions between Sheikh Mohamed bin Zayed and Elon Musk
UAE and Saudi FMCG Sectors Surge with E-Commerce and Snacks Boom
UAE and Saudi Arabia’s fast-moving consumer goods (FMCG) markets expanded 7% and 3.3% respectively in 2025
NYU Abu Dhabi Scientist Honored for Epigenetics Breakthrough in RNA Therapy
An NYU Abu Dhabi researcher received the 2025 L’Oréal–UNESCO For Women in Science Middle East Award on December 14 for pioneering work on nuclear architecture, epigenetics, and RNA therapy
Dammam Emerges as Saudi Arabia’s Fastest-Growing Property Market
Dammam recorded 3,000 residential transactions worth SAR 3.2 billion in Q3 2025, outpacing Riyadh with 28% year-on-year growth
Dubai Real Estate Achieves Record AED 624 Billion Sales in 2025
Dubai’s property market shattered records in 2025, clocking AED 624 billion in total sales through November
