People & Lifestyle Cairo has most billionaires in Africa, but wealthy are leaving Cairo is home to more billionaires than any other African city, but Egypt is facing an exodus of its wealthiest citizens. The international wealth advisory firm Henley & Partners said Cairo is home to four billionaires, and 30 centi-millionaires – those worth $100 million or more. Most reside in affluent parts of Greater Cairo, including […] April 25, 2024
Analysis Food & Drink Dubai restaurant scene ‘at risk of hitting saturation point’ Food and beverage operators in Dubai have warned that the emirate’s restaurant market is increasingly saturated as one company calls time on a prominent location. Gates Hospitality, which operates venues across the Middle East, announced this week that two of its restaurants in Souk Madinat Jumeirah, Folly and Publique, would close at the end of […] April 9, 2024
Opinion Lifestyle Emirates at its premium best When you’re paying for yourself, premium economy really is the only way to fly April 5, 2024
EXCLUSIVE Manufacturing Stellantis boss hails ‘massive untapped potential’ in Gulf Samir Cherfan tells AGBI about his plans to lift car sales across the GCC April 4, 2024
Real Estate Abu Dhabi real estate deals hit $4bn during first quarter The value of real estate deals in Abu Dhabi reached almost AED16 billion ($4 billion) during the first quarter of the year as another beachfront community was launched in the emirate. There were over 5,000 sales and mortgage transactions in Abu Dhabi during the first three months of the year, according to data from the […] April 3, 2024
Opinion Lifestyle Ramadan, a time for business reflection Companies can respectfully capitalise on the holy month by optimising their operations March 29, 2024
Opinion Transport Art, beaches, culture: Jeddah commute makes sense to me Riyadh may be where the action is but serenity is found in Saudi Arabia's port city March 29, 2024
Analysis Real Estate What Dubai’s united nations of property buyers want When purchasing a property in Dubai amenities are important to Brits, while Indian buyers are all about the return on investment, according to real estate experts. Last year Dubai recorded 1.6 million real estate transactions, a record 17 percent year-on-year increase, according to data from the Dubai Land Department. The demand comes from a largely […] March 25, 2024
Opinion Lifestyle Abu Dhabi is getting serious in its bid to lure the wealthy Competition with Dubai is about more than country club fees March 18, 2024
Economy Saudi Arabia gives $800m in Ramadan social security aid Saudi Arabia has disbursed SAR3 billion ($800 million) to around 500,000 Saudis as a one-off social security payment during the fasting month of Ramadan. The amounts were deposited directly into bank accounts of beneficiaries of social security by the Ministry of Human Resources and Social Development, on the basis of SAR1,000 ($270) per head of […] March 18, 2024
Video length: 03:32 VIDEO Health The Dubai spa charging AED90,000 to increase ‘healthspan’ Clinique La Prairie opened its fifth Longevity Hub-branded spa in Dubai last month and is preparing to open a $300 million health resort in Saudi Arabia’s Amaala giga-project next year. The “medical spa” receives 60,000 clients each year from the Middle East to its luxury facility in Montreux, Switzerland for longevity and preventative medicine treatments. […] March 15, 2024
Real Estate Super-rich Muslims seek homes in Saudi holy cities Wealthy Muslims are keen to take advantage of golden residency visas in Saudi Arabia to buy nearly $2 billion of property in Mecca, Medina and Riyadh, according to new research. Just over 500 high-net-worth individuals from nine countries with a sizeable Muslim population – Algeria, India, Indonesia, Iraq, Iran, Malaysia, Pakistan, Singapore and Turkey – […] March 14, 2024
Opinion Infrastructure Saving the old with the new: how tech can revive historic cities Technology can help protect heritage locations from multiple modern threats March 12, 2024
Opinion Leisure & Hospitality Dubai becomes the centre of the Rolls-Royce universe The Gulf's long love affair with the elite motor car is made official March 8, 2024
Opinion People & Lifestyle Fun of the Fair – the wacky world of Art Dubai The annual culture blast is a good barometer of the emirate's economic fortunes March 1, 2024
Opinion Health Gulf’s longevity sector has a long way to go Growing lifespans call for a joined-up approach to personalised medicine, preventative care and nutrition February 21, 2024
Leisure & Hospitality Fitness brands shape up for Saudi expansion plans GymNation, founded in Dubai, has revealed plans to open 50 new fitness centres in Saudi Arabia as it seeks to capitalise on the kingdom’s billion-dollar fitness industry. The mid-market brand was set up six years ago and currently operates 11 gyms in the emirate, with a further six set to open before the summer. Founder […] February 1, 2024
People & Lifestyle Kuwait and Bahrain propose changes to working week Lawmakers in Kuwait and Bahrain are pushing for major amendments to the working week, aiming to improve workers’ rights and boost the work-life balance in the two Gulf states. In Bahrain, the focus is on extending the weekend to three days: Friday, Saturday and Sunday. “There is an urgent need to keep pace with global […] January 29, 2024
People & Lifestyle Saudi to open alcohol store for non-Muslim diplomats Saudi Arabia will open its first alcohol store in Riyadh that will be available exclusively to non-Muslim diplomats, according to several media reports. Customers will have to register through a mobile app, get a clearance code from the foreign ministry, and respect monthly purchase quotas, Reuters reported, citing a document. The foreign affairs ministry is […] January 25, 2024
Opinion Lifestyle In Dubai, it looks like the Russians are staying Russia's move away from the West puts the UAE in focus January 22, 2024
Opinion People & Lifestyle The world is moving to Saudi Arabia The kingdom could supplant the UAE as the GCC destination of choice for both tourists and migrants January 16, 2024
Media & Advertising Poddster builds on Mena’s podcast popularity Poddster aims to “democratise” Middle East podcast production by expanding its network of recording studios, capitalising on high listener figures and rising interest in independent content in the Mena region. Founded by Vuk Zlatarov and Ivan Zeljkovic, the Dubai-based podcast company plans to increase its number of UAE studios from three to seven, and launch […] January 12, 2024