UAE E-Commerce Market Report

The total e-commerce market value in the UAE reached $5 billion, expected to surpass $8 billion in 2025. Advanced telecommunication infrastructure, proactive government policies and trust in online payments contributed to the growth. In 2021, consumer electronics, apparel and footwear and food & beverages, were the top three verticals by size in the UAE. In […]

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Technology

November 19, 2024

IFS Unveils Next-Gen AI-Powered Enhancements to Boost Efficiency and Sustainability for Oil & Gas Organizations

The new release of IFS BOLO 15 delivers unparalleled back-office efficiency, powered by IFS.ai. It also introduces AI-driven automation for AP invoicing, enhancing cash flow management. Additionally, updates to IFS Tobin and IFS iLandMan streamline the brine leasing process, supporting the transition to clean energy portfolios.

Hospitality

November 19, 2024

Kleindienst Group to Boost Dubai’s Five-Star Hotel Inventory by 10%

As of August 2024, Dubai’s total available five-star hotel rooms stand at 52,750. Kleindienst Group is set to become the largest five-star hotel developer in Dubai with its ambitious 5,000-room mega project across The Heart of Europe on The World Islands. The group has also reached a 20% construction milestone for its AED 500 million Hotel London.

Property

November 19, 2024

Palma Development Reaches Key Construction Milestone at AED 3 Billion Serenia Living Project

Palma Development, a leading real estate developer, has celebrated a major construction milestone with the topping out of Serenia Living, an exclusive beachfront development on the crescent of Palm Jumeirah, valued at AED 3 billion.