In a significant move within the industrial real estate sector, Arcapita Group Holdings Limited has announced the sale of a major distribution facility in Texas. This transaction is part of a broader strategy by the firm to optimize its portfolio and capitalize on market opportunities. Details of the Transaction Arcapita has sold the ARC US…
Abu Dhabi University (ADU) has entered into a strategic partnership with DAMAC Group, aimed at enriching academic excellence and professional development. This collaboration is designed to provide students with valuable insights into various sectors, including real estate, hospitality, and logistics, while fostering research initiatives that bridge the gap between academia and industry. Details of the…
Recent customs data reveals a complex picture of China’s trade dynamics, highlighting a significant decline in exports to the United States while overall global shipments have surged. This development underscores the shifting landscape of international trade as geopolitical tensions continue to influence economic relations. Decline in Exports to the US In September, China’s exports to…
Tabby, a prominent financial services platform in the Gulf Cooperation Council (GCC), is taking a significant step forward by launching an AI factory in Saudi Arabia. This initiative involves the deployment of NVIDIA’s HGX systems, aimed at enhancing the company’s artificial intelligence capabilities while ensuring compliance with local data regulations. Investment in AI Infrastructure The…
The upcoming IPO of Dubizzle Group is generating significant interest among investors, marking a pivotal moment for one of the Middle East’s leading digital marketplace platforms. With plans to list on the Dubai Financial Market on November 6, 2025, Dubizzle aims to sell 1.25 billion shares, representing 30.34% of its capital. This move comes at…
Cameron Gordon, a 30-year-old entrepreneur from the UK, has made a remarkable transition from maintaining nuclear reactors to running a thriving fitness center in Dubai. After spending over a decade in engineering, he took a bold step to pursue his passion for fitness, co-founding Graft, a unique hybrid fitness center in Al Quoz. A New…
Investors looking to participate in Dubizzle’s initial public offering (IPO) should be aware of the important dates and requirements involved. This IPO presents a significant opportunity to invest in one of the leading digital classifieds platforms in the region. Key Details of the IPO Subscriptions for Dubizzle’s IPO will open on October 23 and close…
In recent months, silver has emerged as a compelling alternative to gold, capturing the attention of both investors and industry players. As global economic uncertainties persist, silver’s unique characteristics are driving its price upward, prompting discussions about its potential to rival gold as a safe-haven asset. The Current Market Landscape Both gold and silver have…
Emirates Airline has announced the suspension of its flights to Madagascar due to escalating civil unrest in the region. This decision, made public on Sunday, affects the airline’s service between Dubai and Antananarivo, with the situation being closely monitored for any further developments. Flight Cancellations and Rebooking Information The specific flights impacted are EK 707…
Gold prices in the UAE have recently experienced fluctuations after reaching notable highs. As of now, 24K gold is priced at Dh484.25 per gram, while 22K gold stands at Dh448.25. This article explores the factors influencing these prices and what buyers and investors can expect in the coming week. Recent Price Trends Last week, gold…