Sharjah has approved monthly financial support to top-up financial payments for retirees
GCC
Latest in GCC
Ministry of Human Resources and Social Development
Saudi Arabia announces major update for recruitment from 160 countries
Saudi Arabia has expanded its Professional Verification service to 160 countries
Dubai Chamber
Dubai Chamber of Commerce adds 70,500 companies as exports pas $84bn
Dubai Chamber of Commerce reported growth data to show increase in activity
AI in recruitment
UAE and Saudi professionals plan to seek new jobs in 2025 despite recruitment struggles
LinkedIn research shows UAE and Saudi workers plan to look for new jobs despite recruitment difficulties
saudi real estate
Saudi real estate prices up 3.6% in Q4
Saudi real estate prices are increasing, with commercial property experiencing notable jump
Abu Dhabi
Abu Dhabi named world’s safest city in 2025, UAE dominates rankings
Abu Dhabi has been named the world’s safest city for the ninth year in a row
Dubai Land Department
Dubai real estate sector recorded $3.3bn of transactions last week, including $13.6m Palm Jumeirah apartment
The Dubai real estate sector saw $3.3bn of transactions last week
MELANIA
Melania Trump launches $MELANIA following Trump’s crypto release
The digital asset, described as the “Official Melania Meme” on its website, operates on the Solana blockchain platform
Eagle Hills
UAE real estate developer Eagle Hills announces new $12.3bn Grand Budapest megaproject
The Grand Budapest project, backed by both the UAE and Hungarian governments, will create 35-40 hectares of parks and public spaces
Boeing
Saudi Arabia’s Riyadh Air delays launch as Boeing cuts aircraft deliveries: Report
Sources close to the matter report that Riyadh Air will receive up to four 787 Dreamliner aircraft this year, down from the eight initially planned for early 2025
DIB
DIB increases stake in Türkiye’s Digital Bank to 25%
The move follows the initial acquisition in September 2023, further cementing DIB’s presence in Türkiye’s dynamic financial landscape
District One West
Dubai real estate: Meydan awards $272mn contract for phase two of District One West project
The project, set for completion in Q1 2028, will include construction of four-, five- and six-bedroom villas alongside infrastructure works
Commercial
Saudi commercial registrations surge by 60% in 2024
The registrations covered various economic sectors, with wholesale and retail trade, construction, accommodation and food services, and manufacturing industries leading the list
billionaires
Global billionaires’ wealth increases by $2 trillion in 2024: Report
The report is unveiled at a time when the richest of the world began to assemble in Davos for their annual jamboree in the ski resort town
eSIM
MENA eSim market grows 20% driven by surging travel, IoT adoption, 5G network rollout
eSIM technology is projected to power 33% of all smartphone connections in the MENA region this year, which is projected to jump to 68% by 2030
Blockchain
Dizzaract Games launches as Middle East’s largest game development studio
The company also pioneering AI integration in gaming