Gulf Business
Gulf Business stands out with its impressive daily news coverage and monthly analysis, giving readers a unique perspective on business happenings in the region. The magazine dives deep into various economic sectors, including energy, real estate, banking, and retail, while also offering valuable regional data, special reports, and reviews. Their website keeps you updated with daily business news, ensuring you stay informed in a constantly evolving landscape.
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Global
#221562
United Arab Emirates
#3606
News and Media
#204
Articles
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1 week ago |
gulfbusiness.com | Gareth van Zyl
Imran Farooq is no stranger to Dubai’s fast-moving real estate game. As CEO of Samana Developers, he has steered the company into the top tier of the emirate’s fiercely competitive off-plan market — so much so that its recent billboard campaign proudly touts its place as the “7th largest developer” in Dubai, a rare show of confidence in a city where everyone claims to be number one.
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1 week ago |
gulfbusiness.com | Gareth van Zyl
Dubai-based prime luxury developer Imtiaz Developments marked a major milestone with the official announcement of global sports icon and former UFC champion Khabib Nurmagomedov as its brand ambassador. The announcement was made during the grand launch of Beach Walk 4 Residence, the latest addition to the Beach Walk series by Imtiaz — a collection of ultra-luxury developments on Dubai Islands valued at Dhs2.5bn.
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1 week ago |
gulfbusiness.com | Neesha Salian
The Saudi Ministry of Interior has announced stringent penalties for individuals who accommodate or shelter visit visa holders in any type of residence, including hotels, apartments, private homes, accommodation centres, or Hajj housing, within Makkah and the holy sites from Dhu Al-Qidah 01 to Dhu Al-Hijjah 14. As reported by the Saudi Press Agency (SPA), violators face fines of up to SAR 100,000.
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1 week ago |
gulfbusiness.com | Neesha Salian
The GCC automotive sector is going through fundamental changes. Reflecting global trends, people now buy cars in a different way, want a different relationship with the distributor, and are looking for different kinds of vehicles. Simultaneously, manufacturers are increasingly selling directly to consumers, pushing distributors aside, while regulations are threatening distributors’ position. Unsurprisingly, distributors’ margins are narrowing.
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1 week ago |
gulfbusiness.com | Neesha Salian
Dubai’s Roads and Transport Authority (RTA) recorded a 16 per cent increase in digital revenues in 2024, reaching Dhs4.427bn, driven by rising digital transactions and the adoption of artificial intelligence across services, the authority said in a statement. The total number of transactions through digital channels hit 679.6 million, including 13.4 million via smart applications. App downloads grew by 18 per cent to 3.742 million, while registered users surged 27.5 per cent to 1.94 million.
Gulf Business journalists
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