October 1, 2024

The Story of TARLAN MUSAEV: A Journey of Vision, Hard Work, and Excellence

Tarlan Musaev, a serial entrepreneur and visionary, stands as a testament to the power of ambition, innovation, and perseverance. As the Founder and CEO of DubaiYachts.com, MTR Group, and the soon-to-launch East Vibe, his journey from humble beginnings to becoming a major player in the luxury sector offers a compelling narrative of dedication and strategic […]

July 26, 2024

CCIDA Unveils Plan For Hong Kong Fashion Design Week

TV And Film Co-productions with Dubai Fostering Global Partnerships Dubai, 23rd July 2024 – Cultural and Creative Industries Development Agency (CCIDA), previously known as Create Hong Kong, the dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR) for promoting the development of creative industries, prepares for a ground-breaking fashion […]

July 10, 2024

Egyptian expat remittances reach $2.7bn in May: CBE

Remittances from Egyptians living abroad have continued their upward trajectory for the third consecutive month, rising by 26.6 percent to reach $2.7 billion in May.  According to data from the Central Bank of Egypt, this marks a year-on-year growth of 73.8 percent, up from $1.6 billion. Additionally, the monthly increase from April’s figure reached $2.2 billion, […]

July 10, 2024

Saudi POS spending hits $3.5bn; hotel sector sees greatest increase

Saudi Arabia’s point-of-sale spending increased by 7.7 percent to reach SR13.2 billion ($3.51 billion) from June 30 to July 6, with the greatest rise coming in hotel payments, according to official data. The latest release from the Saudi Central Bank, also known as SAMA, revealed that the transaction value in this sector, which accounts for only 0.39 […]

July 10, 2024

Qatar real estate trades 285 deals worth $304.1 million in June 2024

Qatar’s real estate trading volume totaled QAR1.11 billion ($304.1 million) in June 2024, marking an 11.90 percent decline from the previous month. According to official data from Qatar’s Ministry of Justice, the property sector recorded 285 transactions last month, a decrease of 11.49 percent compared to May. Qatar’s real estate sector: A vital economic pillar Qatar’s real […]

July 8, 2024

Makyee is pioneering fast, digital currency-enabled real estate transactions.

Makyee, a Dubai-based real estate company established in 2023, is renowned for its innovative property dealing methods. The company has perfected the art of digital real estate transactions, achieving record-breaking property sale times of just 8.31 seconds and pioneering the city’s first fully crypto-enabled real estate transactions. Smooth and Efficient Transactions Makyee is poised to […]

July 6, 2024

Lebanon in Crisis: Saudi Arabia Steps in with Financial Support

Saudi Arabia Extends Financial Support to Lebanon Amid Crisis Saudi Arabia has stepped in to support Lebanon by funding urgent development projects as the country navigates complex economic and political challenges, as well as the repercussions of conflict with Israel in the southern region. According to Al Arab, a joint memorandum of cooperation was signed, […]

July 6, 2024

Kuwait projects $61.7 billion budget revenues over next four years

Kuwait’s Finance and Investment Minister, Dr. Anwar Al-Mudhaf, has announced that the country anticipates a budget deficit of 26 billion Kuwaiti dinars ($85 billion) over the next four years. Speaking to Kuwait TV, he revealed that in the past decade alone, Kuwait has accumulated a deficit of KD33 billion ($107.7 billion), which has been financed from […]

July 6, 2024

Qatar’s non-oil private sector hits fastest growth in a year and a half, PMI reaches 55.9 in June

Qatar’s non-oil private sector growth accelerated in June, according to the latest Purchasing Managers’ Index (PMI) survey data from the Qatar Financial Centre (QFC) compiled by S&P Global. Fastest output growth in over a year Output increased at the fastest rate in a year and a half, as new business growth accelerated. Companies continued to expand […]

July 6, 2024

Saudi Manpower Solutions Co. eyes expansion following its public listing

 Various sectors across different parts of Saudi Arabia will soon have greater and easy access to manpower as the country’s first service provider eyes expansion with its initial public offering. Speaking to Arab News, Abdullah Al-Timyat, CEO of Saudi Manpower Solutions Co., known as SMASCO, said the IPO will help propel SMASCO within the Saudi market, […]

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