• WW3 may begin before US President Biden’s term ends, Trump says

    NEW YORK, US - World War III may break out before US President Joe Biden leaves office, former US president Donald Trump told Fox News. Trump said that Biden is failing to deal with his responsibilities as head of state. "You know, nine months (before the election) is a long...
  • Real estate deals in Bahrain decline marginally in third quarter: CBRE

    Manama, Bahrain - Real estate transactions in Bahrain recorded a marginal 2.5 percent decline in Q3 2023, totaling 5,145 compared to the previous quarter. Despite this dip, a promising 5.1 percent surge is observed in year-to-date transactions for the first nine months of 2023, showcasing overall resilience in the market, commercial real estate services...
  • UAE rides property-market boom as demand soars

    Global firms looking to hire space for offices and demand from govt, local dwellers have turbocharged the sector, driving property prices and rents to highs not seen in recent years.
  • Israel top court hears appeals against rules for removing prime minister

    Israel's top court debated appeals against a law restricting how a prime minister can be removed from office, as current premier Benjamin Netanyahu faces protests against the judicial overhaul. Eleven of the Supreme Court's 15 judges sat to hear three appeals against legislation passed by parliament in March.
  • Airports Council International sets up first office in Riyadh

    Riyadh, Saudi Arabia-- The Airports Council International (ACI) for Asia-Pacific and the Middle East has established its first office in Riyadh. Saudi Minister of Transport and Logistics Services and Chairman of the Board of Directors of the General Authority of Civil Aviation (GACA), Saleh Al-Jasser, inaugurated the office yesterday. Al-Jasser...
  • Realty sector’s success hinges on GDP growth

    The kingdom’s Minister of Housing, Majid Al-Hogail recently said that Gulf country's residential real estate finance is expected to exceed 1.2 million contracts with a value of SR600 billion ($162 billion) by 2030.
  • Office rents in Saudi Arabia’s capital grow 12-14 percent in Q2: Report

    Riyadh, Saudi Arabia -- Most of Saudi Arabia's real estate market sectors recorded growth in the second quarter of 2023, with Grade A office rents in the capital Riyadh growing by 12.2 percent and Grade B rents rising by 14.4 percent year-on-year. Average occupancy for both segments in the capital...
  • Verition opens office in DIFC

    MENA is an important market for Verition.
  • Dubai International Chamber opens Europe’s first representative office in UK

    DUBAI, UAE - Dubai International Chamber (DIC), one of the three chambers operating under Dubai Chambers, inaugurated on Friday a new international representative office in London, UK. The launch of the new office, which is DIC’s first representative office in Europe and 20th globally, marks a significant step in the...
  • UAE Gen Z prioritizes hybrid work and career progression: study

    Dubai, UAE - The Gen Z in the UAE has a strong inclination towards hybrid work arrangements, where they can work both remotely and in the office, a recent report by the Oliver Wyman Forum. Gen Z currently constitutes more than a quarter of the global population and will make...
  • Israeli parliamentarians adopt strict limits on removing PM

    Israeli parliament approved legislation restricting grounds for declaring a premier unfit for office, a move the opposition has called a "personal law" that serves Prime Minister Benjamin Netanyahu. The vote came as Netanyahu's government pushes forward with a judicial reform program, which critics say threatens Israeli democracy and has sparked...
  • Edmond de Rothschild to open advisory office in Dubai

    Dubai, UAE -Edmond de Rothschild Group has announced the opening of an advisory office, Edmond de Rothschild (Middle East), at the Dubai International Financial Centre, as it looks to cater to wealthy clients in the fast-growing region. The Group has obtained an advisory license from the Dubai Financial Services Authority,...
  • Tourism, state spending spur real estate in KSA, UAE

    Property markets benefit as an increased demand for tourists and the rise in government spending on infrastructure projects drive the post-pandemic recovery in the region.
  • Abu Dhabi, Dubai gain as realty prices rise in UAE

    The UAE’s real estate market flourished during November as sales in Dubai alone crossed 10,000 transactions, the highest recorded since 2011, says a latest report.
  • Poland opens Representative Office in UAE to boost trade relations

    Abu Dhabi, UAE---Poland has opened a representative office in UAE capital Abu Dhabi to fuel the growth of bilateral trade and investments between the two countries. The announcement of the launch was made at the Poland Business Forum, which started on Friday with the aim of discussing the prospects of accelerating...
  • Major Saudi Arabian cities witness strong demand for residential, office real estate

    Saudi government policies like 15 percent VAT exemption on real estate deals and affordable housing programs are boosting residential real estate.
  • Qatar sets up consular facility for World Cup fans needing help

    In order to help football fans who lose their passport or get arrested, Qatar has opened a World Cup consular facility, a first of its kind at a major sporting event. More than 40 countries will have offices in the Doha Exhibition and Convention Center alongside the police, interior ministry...
  • Infosys Q2 profit at US$731.4m

    The firm approved a $1 billion share buyback after Q2 result.
  • State Grid Corporation of China opens first office in UAE

    Dubai, UAE: State Grid Corporation of China (SGCC), the largest utility company in the world, has expanded its presence in the region by setting up an office in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. This is...
  • Tunisia approves new constitution in vote with low turnout

    Tunisia has approved a new constitution granting unchecked powers to the office of President Kais Saied, the electoral board said, after a poorly attended referendum in which voters overwhelmingly backed the document. Saied's rivals accused the electoral board controlled by Saied of "fraud" and said his referendum, held Monday, had...
  • ICRC sets up office in Abu Dhabi to ‘strengthen cooperation’

    The International Committee of the Red Cross (ICRC) has set up an office in Abu Dhabi in order to 'strengthen bilateral cooperation and partnership.'
  • Menarini opens office in Dubai

    The Italian pharma giant is looking at expansion in MENA.
  • Canadian offices going to the dogs

    In a survey, 18 percent of those aged 18 to 24 years said they would change jobs if their employer refused to allow them to bring their pet to work.
  • Dubai establishes Debt Management Office for financing needs

    Dubai has announced the establishment of a Debt Management Office that would be responsible for government's financing requirements, managing the sovereign debt portfolio and setting strategic objectives and policies. It will also be responsible for pursuing risks to ensure government financial sustainability, as well as maintaining high levels of transparency...
  • Saudi real estate rides high on positive sentiment

    Saudi Arabia's real estate sector continues to show promising signs, with increasing tourist numbers, consumers returning to retail stores, and more demand for office space.
  • ADQ invests in Egypt

    The Abu Dhabi-based firm has an office in Cairo.
  • Money-laundering, terror financing penalties fetch UAE $1bn

    UAE authorities have collected AED3.848 billion ($1 billion) in penalties from anti-money laundering and terrorism financing offenders in 2021. The amount comprised asset seizures worth $625m, fines for non-compliance to anti-money laundering and terrorism financing regulations worth $64m, penalties on major financial institutions in the UAE worth $5.3m, tax evasion...
  • Emirates opens office in Fujairah

    The office is located in Al Ghilaila Building, overlooking the Fujairah corniche.
  • Technology changes worker-firm relationship

    Technology is allowing firms to shift an increasing share of work outside of their traditional boundaries, reducing costs and improving flexibility. Can remote and gig work be mutually advantageous? The answer is complex, writes Juerg Kronenberg - Partner at Bain & Company Middle East.
  • Google buys $1bn London office

    It is buying the Central St Giles office site, where it is a tenant.
  • Israel Aerospace Industries to open office in UAE

    The new office will strengthen IAI's growing cooperation with the local and regional governments, industries, companies, and academia, and will provide additional business opportunities for future collaborations on technological developments in the defence and civilian sectors, said an IAI statement issued on Thursday.
  • Iran MP’s office torched after protest remarks

    Unidentified assailants torched the office front of an ultraconservative Iranian lawmaker whose recent comments on deadly anti-government protests in 2019 caused an outcry, local media reported Saturday.
  • Qatar First Bank acquires office building in US

    Fourteen555 is QFB’s eighth shariah-compliant real estate acquisition in the USA.
  • Riyadh leads Q2 Saudi Arabia residential market boom

    Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on year.
  • Majority of employees worldwide want flexible working to continue: WEF

    30 percent of 12,500 employes in 29 countries say they would look for another job if forced to go back to the office full time  
  • NtechLab, the world leader in computer vision, comes to UAE

    NtechLab serves more than 100 customers in over 20 countries NtechLab products are in demand in public and corporate security, retail, financial, entertainment and hospitality industries     NtechLab, one of the world leaders in intelligent video analytics and biometric technologies has announced the opening of local offices in Abu...
  • Oman Insurance relocates employees to new head office

    The office equipped with hot-desking that will enable work from home Digitalization will enhance interaction, communication between the teams Oman Insurance Company, one of the UAE’s largest insurance providers, has relocated its employees from Al Rigga and Maktoum offices to a modern, technology-enabled six-story building located next to Al Ghurair...
  • Walls, floor, ceiling can store power to light up your home and office

    Concrete can possibly be a source of energy, says researchers Cement has potential to produce enough power to meet energy demand Scientists are looking at ways of making your home and office walls, floor, and ceiling made of cement store energy like a large battery to fulfill the energy demand....