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Articles

ONE Development's Ali Al Gebely is focused on innovation and technology across his projects

2 days ago | gulfbusiness.com | Neesha Salian |Gulf Business

We sit down with Ali Al Gebely, founder and chairman of ONE Development — a leading UAE developer — and discuss the future of urban innovation, community-first design, and global expansion. Al Gebely tells us about the company’s flagship project Laguna Residence, the Dhs2.4bn flagship community in Dubailand complete with an artificial beach lagoon, smart living features, and a record-breaking launch-to-groundbreaking timeline.
ADGM unveils 'Virtual Sell and Purchase Service' for property sector

1 week ago | gulfbusiness.com | Neesha Salian |Gulf Business

Abu Dhabi Global Market (ADGM), the UAE capital’s international financial centre, has launched an innovative “Virtual Sell and Purchase” service for real estate transactions, aiming to revolutionise the way property is bought and sold in the region. The digital-first service, a first of its kind in the real estate sector, allows buyers, sellers, and financial institutions to complete multiple steps in property transactions through a single, secure online platform.
ADNOC Drilling secures $1.63bn integrated drilling services contract

1 week ago | gulfbusiness.com | Neesha Salian |Gulf Business

ADNOC Drilling Company has been awarded a five-year integrated drilling services (IDS) contract valued at $1.63bn by ADNOC Offshore. The award covers the provision of directional drilling, drilling fluids, cementing, wireline logging, and tubular running services. It also includes advanced engineering and technical support to ensure effective delivery of extended reach and maximum reservoir wells offshore.
Mubadala to acquire $600m stake in Nord Anglia Education

1 week ago | gulfbusiness.com | Neesha Salian |Gulf Business

Mubadala Investment Company has inked an agreement to acquire a minority stake in Nord Anglia Education, a leading international schools group, for $600m. Mubadala will join an existing consortium of global investors led by EQT, the Sweden-based investment organisation. Other members of the consortium include Neuberger Berman, Canada Pension Plan Investment Board, Corporación Financiera Alba, and Dubai Holding.
Dubai Marathon opens registration for 25th edition

1 week ago | gulfbusiness.com | Neesha Salian |Gulf Business

Dubai Marathon has officially opened registration for the race’s landmark 25th edition, set to take place on February 1, 2026. Supported by the Dubai Sports Council, the silver jubilee edition of the Middle East’s oldest international road race is expected to attract participants from more than 140 countries. The 2026 Dubai Marathon will celebrate a quarter-century of elite competition and international participation, with special activities planned in the lead-up to race day.
Sheikh Khaled approves launch of HELM Cluster

1 week ago | gulfbusiness.com | Neesha Salian |Gulf Business

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, launched of the Health, Endurance, Longevity, and Medicine (HELM) cluster, a major new initiative aimed at enhancing Abu Dhabi’s position as a global leader in life sciences and biotechnology.
The First Group, Hoque Global launch Hotel Local in Dubai

1 week ago | gulfbusiness.com | Neesha Salian |Gulf Business

The First Group Hospitality and US-based Hoque Global have unveiled Hotel Local, a new community-centric lifestyle hotel located in Dubai’s Jumeirah Village Triangle (JVT). The partnership signals the beginning of a broader rollout for Hotel Local, with further openings planned in the US and GCC. The 579-room property introduces a neighbourhood-driven hospitality concept rooted in inclusivity, experiential living, and community building.
An institutional approach to family wealth management is key: report

1 week ago | gulfbusiness.com | Neesha Salian |Gulf Business

A new whitepaper released by global investment institution Lighthouse Canton emphasises the critical need for affluent families to institutionalise their wealth management practices to ensure sustainable, long-term preservation and growth of their assets across generations. The report calls attention to the increasing complexity of managing family wealth, driven by diverse portfolios spanning multiple jurisdictions, asset classes, and governance frameworks.
Mall of the Emirates to get Dhs5bn transformation, says Majid Al Futtaim

1 week ago | gulfbusiness.com | Gareth van Zyl |Gulf Business

Majid Al Futtaim has announced a Dhs5bn investment to transform Dubai’s Mall of the Emirates into a next-generation lifestyle destination. Marking the mall’s 20th anniversary, the project aims to introduce new retail, dining, wellness, entertainment, and cultural offerings as part of what the company calls a “Mall of New Possibilities.”As part of the transformation, 20,000 sq. m of additional retail space will be added, welcoming 100 new stores across luxury, fashion, and lifestyle categories.
M42, Toshiba to launch region's first heavy-ion cancer therapy facility

1 week ago | gulfbusiness.com | Neesha Salian |Gulf Business

M42 has partnered with Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) to build the Middle East’s first heavy-ion therapy facility for cancer treatment. The new facility will be located at Cleveland Clinic Abu Dhabi, part of the M42 group, adjacent to the Fatima bint Mubarak Center, a comprehensive cancer centreConstruction is set to begin in 2026.