Object 1 achieves massive year-over-year growth in Dubai’s premium real estate sector

Object1, a fast-growing real estate developer, is making waves in Dubai’s thriving real estate market with remarkable growth and excellent projects. In just the past year, Object 1 has achieved unprecedented milestones, solidifying its position as a key player in the UAE’s dynamic real estate landscape. Object 1 has launched over 9 high-quality projects and […]

New Cisco survey shows strong relationship between privacy awareness and trust in AI

Cisco released its 2024 Consumer Privacy Survey, an annual global review of consumer perception and behavior regarding data privacy. This year’s survey highlights the critical role of privacy rights awareness in fostering consumer trust and confidence in emerging technologies like Artificial Intelligence (AI).   Awareness of privacy laws enhances consumer confidence in AI  Consumer awareness is on […]

Last-minute festive UAE staycations boom with hotel searches for Dubai and Ras Al Khaimah more than doubling

With only days to go until festive celebrations kick into high gear and with New Year’s Eve just around the corner, UAE residents are packing their bags for one last trip in 2024. Expedia’s recent Winter Travel Outlook highlights a trend towards close-to-home destinations, ideal for those looking to make the most of their remaining […]

TEKCE redefines real estate with personalised PropTech services

The global real estate industry is poised for a significant technological shift, with property technology (PropTech) investments set to reach US$37 billion by the end of this year and approach US$90 billion by 2032, according to a report by Fortune Business Insights. This surge in so-called property technology spanning data analytics, artificial intelligence, and blockchain […]

Swisslog to build new automated frozen food warehouse for Gias Srl

Gias Srl, a leading Italian company in the frozen food industry, has partnered with Swisslog to construct an advanced automated warehouse for frozen, semi-finished and finished products. Specializing in frozen vegetables, Gias supplies its products to retail, industrial, and catering customers worldwide. This strategic investment marks a significant step in Gias’ automation journey, with the […]

Amsa Hospitality Academy Partners with King Khalid University for Graduate Training Program

Amsa Hospitality Academy is delighted to announce a new partnership with King Khalid University for the launch of a joint training program. Launched in November, an inaugural cohort of 20 university graduates has begun vocational training at the soon-to-open Mercure Khamis Mushait, the first internationally branded hotel in the Aseer Province city of Khamis Mushait. […]

Saudi Venture Capital invests in a venture capital fund by Middle East Venture Partners

Saudi Venture Capital (SVC) announced its investment in Middle East Venture Fund IV, a venture capital fund managed by Middle East Venture Partners (MEVP). The fund size is $150 million. The fund will support technology startups with high growth potential that will have a positive long-term impact on multiple sectors of Saudi Arabia’s rapidly modernizing […]

UAE payments revenue pool projected to reach $27.3bln by 2028, maintaining strong growth trajectory

Photo: Lukasz Rey, Managing Director and Partner BCG.  The UAE’s payments industry is poised to achieve significant growth, with total revenues projected to reach $27.3 billion by 2028, according to the latest Global Payments Report 2024 from Boston Consulting Group (BCG). Despite a global slowdown in growth rates, the UAE continues to lead in the […]