Author: Mahdeehassan

Dubai, UAE: The Dubai real estate market recorded a landmark first half of 2025, as population growth, capital value appreciation, and a surge in off-plan investments pushed property transactions to a historic high. According to a recent ValuStrat report analysed by real estate developer DURAR Group, total residential sales soared to AED 326.7 billion across nearly 99,000 transactions – signalling unprecedented momentum and investor confidence. This half-year marks a defining chapter. The influx of nearly 90,000 new residents in just the first quarter has added significant pressure to an already supply-constrained housing market. With only 12,000 homes delivered so far this…

Abu Dhabi, UAE: Q Mobility has announced the activation of Mawaqif in several sectors within Abu Dhabi Island, as part of its ongoing efforts to regulate vehicle movement and enhance the efficiency of public parking usage across the emirate. In this regard, Q Mobility stated that the activation covers Eastern Mangroves, Dolphin Park, and three sectors along Al Khaleej Al Arabi Street — specifically at Al Khaleej Al Arabi Park 1, 2, 4, and 5, as well as Al Qurm Plaza. Mawaqif will be applied in accordance with the regulations in force across the emirate, starting Thursday, July 10th, 2025. The…

Manama – Kingdom of Bahrain: Bahrain has been ranked as the most cost-competitive location to operate a financial services firm with a tech hub within the Gulf Cooperation Council (GCC) countries, with a 48% cost advantage, in the ‘Cost of Doing Business in the GCC’ financial services sector report published by Ernst & Young LLP’s United States office. In view of the growing importance of technology and innovation in developing the financial services industry in the GCC region, the in-depth study analysed key data, factoring in direct and indirect annual costs associated with yearly operating costs. The categories benchmarked included office…

Dubai, UAE – PRYPCO Blocks, the Dubai-based real estate fractional ownership platform, has successfully concluded its first Exit Window, setting a new benchmark for exit opportunities within the fractional real estate space. Investor response reflected both growing confidence and a clear appetite for income-generating assets with built-in liquidity. During the two-week Exit Window, which was open from 24th June 2025 to 7th July 2025, more than 2,800 Blocks, each representing a fraction of underlying property ownership, were exchanged across 211 transactions, with the total transaction value approaching AED 300,000. The window featured the first three properties originally funded through the platform, all…

As part of its Emerging Markets conference focus, SBC Summit 2025 will shine a spotlight on Africa’s booming gambling ecosystem, offering stakeholders targeted insights and real-world strategies for growth in the region. The Emerging Markets – Africa track will take place on Tuesday, 16 September, at the Feira Internacional de Lisboa (FIL), and feature five expert-led sessions designed to guide delegates through the continent’s most promising opportunities, operational challenges, and regional nuances. The track will cover several key markets, from established territories like South Africa to emerging ones such as Ghana. Delegates will hear directly from the industry figures shaping the African landscape and…

Jeddah, Saudi Arabia – Saudia Dairy & Foodstuff Company (SADAFCO) has officially released its 2024 Sustainability Report, reaffirming its long-term commitment to environmental, social, and governance (ESG) principles. Themed “Empowering Sustainable Change for a Healthier Future,” the report highlights how SADAFCO is delivering on ambitious sustainability goals in line with Saudi Vision 2030. “Sustainability is not a side initiative — it’s the core of how we lead and grow at SADAFCO,” said Patrick Stillhart, CEO of SADAFCO. “In 2024, we delivered real results: saving 113 million liters of water in factories, established clean energy tests for EV’s and hydrogen-powered truck pilots, accelerating developments for additional solar…

Dubai, UAE: The Dubai Airport Freezone (DAFZ), part of the Dubai Integrated Economic Zones Authority (DIEZ), in collaboration with Fakeeh Health, today announced the opening of the Fakeeh Smart Clinic – the first smart clinic by Fakeeh Health in Dubai. Strategically located within the DAFZ, home to over 21,000 employees and more than 3100 companies, the clinic reflects DAFZ’s ongoing efforts to enhance quality of life and well-being in the economic zones it oversees. The inauguration ceremony was attended by Amna Lootah, Director General of DAFZ, and Dr. Mohaymen Abdelghany, Vice President – Fakeeh Care, UAE Chief Executive Officer, Fakeeh University…

Dubai, UAE: Sojern, the leading marketing platform built for hospitality, is joining forces with PubMatic (Nasdaq: PUBM), an independent technology company shaping the future of digital advertising’s supply chain. This new relationship enables agencies and advertisers to access and activate Sojern’s extensive real-time travel data insights, with PubMatic’s premium inventory, to target travelers more accurately and in a privacy-compliant way. Creating personalized, targeted campaigns requires finding the right mix of audiences and inventory supply. Curation is a preferred option, enabling real-time optimization and measurement so brands can create relevant ads that drive results. By using a multi-ID approach, curation enables advertisers…

ABU DHABI, UAE: Leading developer, investor, manager of infrastructure and real assets Plenary Group has formalised a Memorandum of Understanding (MOU) with Abu Dhabi Projects and Infrastructure Centre (ADPIC) to advance Private Sector Engagement (PSE) in infrastructure projects across Abu Dhabi. One of the key outcomes of the Abu Dhabi Infrastructure Summit that was hosted by ADPIC in June, the MOU established a collaborative partnership between the two organisations to plan, develop and implement strategic PSEs within the Emirate. These efforts are part of a broader push to enable impactful PSE models across Abu Dhabi and are being driven in close…

UAE, Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reported the mobilisation of over AED 17 billion in sustainable finance as of year-end 2024, marking continued progress toward its AED 60 billion sustainable finance commitment by 2030. This update coincides with the release of ADIB’s 2024 Sustainability Report, which details material advancements in climate alignment, ESG governance, and inclusive growth in line with UAE Net Zero 2050 strategy and UAE 2031 vision. This year’s report highlights key achievements including the publication of ADIB’s first sector-specific financed emissions targets, making it the first Islamic bank in the…