General Atlantic buys Dubai-based fragrance company Huda Beauty
General Atlantic invests in Huda Beauty’s fragrance unit, Kayali, which will operate independently as founder Mona Kattan remains CEO after the deal.
Dubai’s Smart Rent Index stabilizes rental prices
The Dubai Land Department’s Smart Rent Index regulates rent increases, curbs inflation, and enhances fairness in the real estate sector through AI-driven market insights.
Philippines and UAE to restore world’s most polluted river
The Philippines and UAE signed an agreement to clean up the Pasig River, with the Clean Rivers Foundation committing $20 million to environmental restoration efforts.
UAE ranks among top 10 countries with highest number of AI firms per capita
The UAE secures a top 10 spot globally for AI firms per capita, driven by national AI initiatives and a growing ecosystem for AI-driven businesses.
UAE IT firm Alpha Data to hold IPO in Abu Dhabi
Alpha Data plans a 40% stake sale in its Abu Dhabi IPO, aiming to raise $200 million as Middle East listings gain momentum.
PIMCO opens Dubai Office: asset managers for investors in the region
PIMCO opens Dubai office to expand investment services in the Middle East
UAE Gasoline Prices: What’s in Store for Consumers?
Fuel prices in the UAE rose in February amid market uncertainty; experts warn of further hikes due to global oil tensions, sanctions, and supply disruptions.
The world’s tallest penthouse in Burj Khalifa is on sale for $51 million
A record-breaking duplex in Burj Khalifa spanning 1,950 m² is on sale for $51M, offering panoramic views, a private pool, and unmatched luxury above Dubai.
Maksym Krippa expands its investment portfolio by 100,000 square meters in the UAE
Maksym Krippa, an entrepreneur and investor with assets in IT, esports, and real estate, spoke about projects in Dubai.
Dubai’s Omniyat secures $100 million private loan
Nomura provides a $100 million loan for Omniyat’s Dubai real estate project, marking the Japanese bank’s first Middle East property deal amid the region’s real estate boom.