Lifestyle Majid Al Futtaim opens Mena’s largest indoor snow park in Oman By Pramod Kumar December 25, 2022, 7:14 AM Snow Oman The snow park in the Mall of Oman covers an area of 14,830 sq m UAE-based Majid Al Futtaim has opened Snow Oman, the largest indoor snow park in Mena. The snow park in the Mall of Oman covers an area of 14,830 square metres with a “Desert Blizzard” theme. The park has rides such as the Mountain Thriller, Snow Bullet, Slide Winder, Cloud Climber, and Zorb Ball, unique attractions such as Cold Town Muscat, Frozen Shipwreck and Lighthouse, and a 475-square metre ice rink. Snow Oman is also home to a colony of king and gentoo penguins. Majid Al Futtaim opened Ski Dubai at the Mall of the Emirates in 2005, followed by Ski Egypt at the Mall of Egypt in 2017.
Media & Advertising KHC would consider TikTok stake if Musk bought in Saudi Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding (KHC) would be interested in investing in ByteDance’s TikTok if Elon Musk or others offered to buy it, CEO Talal Ibrahim al-Maiman told Al Arabiya TV on Wednesday. The search to find a buyer for the Chinese-owned popular short video app continues after it went dark and […] 4 hours ago
Construction RAK Properties sets vision for Ras Al Khaimah development RAK Properties is planning to launch one project a month for the next year, as Ras Al Khaimah aims to build 40,000 new homes in order to cater to demand, CEO Sameh Muhtadi told AGBI. “Our target of launches is about AED5 billion in 2025,” Muhtadi said. He added that most projects would be located […] 4 hours ago
Oil & Gas Trump’s oil policy ‘problematic’ for Gulf producers, economists warn Gulf oil producers should be worried about President Donald Trump‘s energy policy, economists have warned, as it could widen their budget deficits. Oil prices have already dipped in response to Trump’s pledge on Monday to boost US hydrocarbon production and they could plunge far below the breakeven prices adopted by Gulf governments in their annual […] 3 hours ago
Banking & Finance Saudi bank profits to ride out home liquidity squeeze Saudi banks are “poised for stable profitability” in 2025 despite their continued dependence on international capital markets, say analysts. External debt is likely to build up in the coming years because of high borrowing demand in the kingdom, which the ratings agency S&P Global expects to increase by 10 percent this year, driven by corporate […] 3 hours ago
