Browsing: Business

NEOM has announced a partnership with Asas Al Mohileb to establish and operate a SR 700M ($186M) ready-mix concrete facility in Saudi Arabia. This multi-plant factory will primarily supply concrete for the construction of THE LINE, a linear city currently under development in NEOM.

Dubai Holding, the vast investment conglomerate owned by the emirate’s ruler, is considering establishing a real estate investment trust (REIT) to capitalise on the city’s property boom, according to sources familiar with the situation.

The highly anticipated SuperBridge Summit 2024, organized by the Dubai World Trade Centre (DWTC) and…

Crystal Intelligence, a global leader in blockchain analytics and compliance, has entered into a strategic…

Cointelegraph has established an office in Dubai at the DMCC Crypto Centre. It joins over 600 Web3 firms currently operating within the DMCC Crypto Centre, which has become the largest cluster of crypto and blockchain businesses in the area.

India is expected to attract a massive $100 billion in investments from the United Arab…

ADNH Catering, a subsidiary of Abu Dhabi National Hotels, aims to raise up to AED 864M from its initial public offering on the Abu Dhabi Securities Exchange this month, driven by increasing investor interest in the region.

Wynn Resorts announced on Friday that it has received the first commercial gaming operator’s licence in the UAE from the country’s General Commercial Gaming Regulatory Authority.

Family credit in the UAE banking sector surged to approximately $115 billion (AED 422 billion)…

Saudi Arabia and the UAE led MENA startup funding in September. The US data platform reported that the MENA startup sector raised $328.3M.