Merger and Acquisition (M&A)

What does 2024 herald for MENA M&A and private credit?

Despite global dealmaking challenges in 2023 the Middle East will continue to be a global bright spot for transactions in the year ahead

Off-plan paints a brighter picture for Saudi homeowners, reveals report Image: Getty Images

Off-plan paints a brighter picture for Saudi real estate sector, reveals report

Off-plan sales can also stimulate and grow the banking sector to create financial solutions that could cater to different beneficiary segments, grow the real estate brokerage market, and stimulate multiple purchases from investors

HID

HID: Why access control is only set to get bigger

With a presence across 100 countries, HID is leading the pack as the industry transitions to deal with post-pandemic trends such as a mobile-first world and a hybrid work model

petrol

UAE petrol prices for February 2024: Here’s how much a full tank will cost

The UAE has announced revised fuel prices for the coming month

Kuwait’s 2024/25 budget projects $19.1bn deficit

Kuwait approves 2024/25 budget, forecasts $19.1bn deficit

The projected deficit for the next fiscal year is 13.5 per cent lower than that forecast in the current year

UAE job seekers looking at these key industries, reveals new survey Image Getty Images

UAE job seekers looking at these key industries, reveals new survey

The survey revealed that the UAE’s job market is seeing a growing demand for digital skills, with IT being considered the leading industry for potential growth

UK Foreign Secretary David Cameron

UK Foreign Secretary David Cameron in Oman as Red Sea tensions escalate

His visit to Muscat follows regional travel last week where he met with leaders in Israel, Qatar and Turkey

Ramadan 2024

When is Ramadan 2024: Calendar and timings for the holy month

With 29 days of fasting, the month of Ramadan will end on Tuesday, April 9, 2024 and hence the first day of the fast could be on March 11

oil

UAE announces petrol price hike for February

Consumers will have to shell out a few fils more as authorities announced a hike in petrol prices for February

DUBAI SCHOOLS EID AL FITR BREAK: Winter break - Image-courtesy-KHDA

Sheikh Hamdan approves Dhs530m ‘Dubai Schools’ 6,400 seat expansion

This move is expected to result in the addition of over 6,400 seats, accompanied by the establishment of 295 classrooms and 123 laboratories and specialised classrooms

digital dirham-sheikh mansour

Landmark Digital Dirham payment to China marks CBUAE’s 50th anniversary

Facilitated through the multi-CBDC platform ‘mBridge’, the transaction utilised central bank-mandated digital currencies for international fund transfers

ADNOC Gas, GAIL India sign 10-year LNG supply deal

ADNOC Gas signs multi-year LNG supply agreement with GAIL India

The energy firm maintained a strong sales momentum in 2023, signing LNG deals valued between $9.4bn and $12bn

UAE-UK visa waiver programme

Solo travel to London anyone? UAE nationals no longer need a pre-entry visa to UK

The visa waiver programme kicks in from February and travellers can apply for it at the start of the month

Abu Dhabi: KEZAD's Dhs621m injection to supercharge warehousing sector image Kezad

Abu Dhabi: KEZAD’s Dhs621m injection to supercharge warehousing sector

 KEZAD Group has commenced construction of the new phases in light of strong demand for warehousing and other prebuilt facilities across Abu Dhabi, in both free zone and domestic industrial areas

Emirates Literature Festival

Emirates Literature Festival 2024: A celebration of stories, books and people

Known as the region’s largest celebration of the written and spoken word, the festival has for over a decade and a half, hosted international and regional writers, poets, thinkers, and speakers from around the globe

ChatGPT prompts - with artificial intelligence Man who is discussing marketing analytics. Future. Work by AI smart robot technology.

7 ChatGPT commands to help your business get ahead

The AI-tool has the potential to automate and speed up a range of tasks – from administrative to creative

Ikea furniture price discount

Your next Ikea purchase could come at a discount as raw material costs ease

The furniture retailer has announced price cuts in Germany – its biggest market by sales – as well as Sweden and the UK

Dhs400 fine confirmed on this Abu Dhabi highway

Abu Dhabi clarifies speed limit rule on Sheikh Mohammed bin Rashid Road

Motorists driving below 120km/h on the first two lanes of the four-lane highway will be fined Dhs400

Mashreq posts 130% rise in full-year profit

Mashreq’s annual profit surges to record on higher net income

The bank’s non-interest income reached Dhs3.1bn in 2023, up 13 per cent compared to the previous year

Saudi Arabia Alula

Saudi Arabia detains AlUla official on corruption charges

A man overseeing the kingdom’s main pre-Islamic heritage sites at AlUla has been arrested on corruption charges

Decoding the anatomy of a Dhs600m Dubai property price tag

Earlier this year, Raffles The Palm Dubai announced the listing of the emirate’s most expensive penthouse. We talk to the team behind the listing to explain its valuation.

nol-card-metro

Dubai’s RTA invests Dhs350m to upgrade nol system

The upgrading of the nol system is one of the key deliverables of RTA’s Digital Strategy Roadmap 2023-2030 launched last December

Oil jumps 1% after Houthis attack another fuel tanker in the Red Sea

Oil prices are rising after firefighters put out a blaze on a tanker attacked by Yemen’s Houthi group

DIEZ unveils Dhs500m venture fund to finance tech startups

Dubai unveils Dhs500m growth initiative to support SMEs

The initiative is open to all SMEs founded in Dubai and is designed to empower businesses to expand internationally

weather rain

UAE rainfall sparks weather hazard warnings

Rain has fallen in parts of the UAE on Sunday morning as authorities have warned the public to be careful of potential hazards

WATCH: Messi shatters stereotypes in Saudi Tourism’s newest campaign

The campaign shines the spotlight on Saudi’s open and welcoming culture and the importance of inspiring young Saudi women to reach their full potential

Sharjah real estate

The secret to succeeding in the UAE’s competitive real estate landscape

The UAE’s real estate sector presents multiple avenues for success, but before entering the market investors must weigh various aspects based on past and present growth patterns as well as future prospects

Gulf Air to operate direct flights to AlUla in Saudi Arabia Image Gulf Air

Gulf Air’s latest route: Seasonal flights to AlUla, Saudi Arabia

The Bahrain-based airline will operate direct flights to AlUla biweekly, starting February 3

ABHI to relocate headquarters to Abu Dhabi

Pakistan’s ABHI moves to Abu Dhabi in bid to deepen tech ties

The fintech platform is currently in discussions with multiple UAE banks about rolling out its solutions

Seven signs deal with Formula E Image Supplied

PIF’s Seven brings world-first Formula E karting attractions to Saudi

The Formula E Karting attractions will be built at four of Seven entertainment destinations located in Riyadh, Jeddah, Dammam and Abha