Author: Mahdeehassan

Muscat: In recognition of its outstanding growth trajectory, and strong performance in 2025, National Finance, the Sultanate of Oman’s leading finance company, was awarded the prestigious title of ‘Best Performing Company – Large Cap Category’ at the 2025 edition of the Alam Al Iktisaad Awards for Best Performing Listed Companies. The distinguished red-carpet ceremony was held under the auspices of H.E. Eng. Ahmed Al Dheeb, Deputy Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), who presented the award, with Mr. Saam Al Habsi, Chief Operations Officer at National Finance, accepting it on behalf of the company.…

Oxford Business Group teams up with Madinah Region Development Authority for a special report on the region’s socio-economic transformation Al Madinah, September 2025: The sweeping socio-economic transformations taking place in the historic Saudi region of Al Madinah are the focus of the latest report by global business intelligence and advisory firm Oxford Business Group (OBG). Entitled Bright Horizons: Socio-economic Transformation in Al Madinah Al Munawwarah, the report examines the region’s commitment to community well-being, economic diversification and urban renewal in alignment with the objectives of Vision 2030. In the coverage on citizen well-being, the report explores how the region is…

Dubai, United Arab Emirates: Hakkini Mental Health Clinics has recruited 17 qualified professionals since opening its first Dubai Healthcare City (DHCC) clinic in May and plans to add more than 40 certified clinicians over the next 15 months. The rapid expansion comes as demand for mental health services in the UAE surges, with the sector projected to generate revenues of US$150 million this year. Hakkini Mental Health Clinics has built a world-class team of 17 highly qualified practitioners since opening its first Dubai Healthcare City (DHCC) clinic in February 2025. Together, the team brings over two centuries of combined clinical experience,…

Dubai, UAE – Engel & Völkers Middle East and Phillips in association with Bacs & Russo came together in Dubai to host an exclusive evening that set the stage for one of the world’s most anticipated watch auctions. The event, held at a striking villa in Jumeirah Golf Estates, introduced collectors and connoisseurs to an extraordinary selection of timepieces ahead of Phillips’ forthcoming Decade One: 2015–2025 auction in Geneva this November. The collaboration between Engel & Völkers Middle East, a leading name in premium real estate, and Phillips, the world’s premier auction house for watches, underscored the growing synergy between global…

Dubai:— Emergent, one of the fastest growing AI startups globally, announced $30 million in total funding, including a new $23 million Series A led by Lightspeed. This follows a $7 million seed round raised earlier in the year. Founded in 2025 in San Francisco, Emergent has already reached $15 million in annual recurring revenue (ARR) within just 90 days of launch, making it one of the fastest-growing AI-startups globally. With MENA emerging as one of the most active hubs for software innovation and SME digital transformation, Emergent’s entry into the region is set to empower entrepreneurs and small businesses to…

Jeddah, Saudi Arabia – Saudia Dairy and Foodstuff Company (SADAFCO), a leading producer of high-quality dairy and food products in the Kingdom, announced the signing of a strategic agreement with Tetra Pak to install the cutting-edge Tetra Pak E3/Speed Hyper line, the fastest filling machine in aseptic carton manufacturing for food and beverage products. Equipped with eBeam sterilization, the technology behind the Tetra Pak E3/Speed Hyper line delivers important sustainability benefits by reducing operational costs and minimizing water, energy, and chemical consumption compared to conventional food and beverage filling machines. The agreement was signed by Patrick Stillhart, CEO of SADAFCO, and…

Dubai, UAE – Dubai’s property market has surpassed 123,000 residential unit sales since the start of the year, according to the Dubai Land Department, and Q3 is currently recording over AED 91 billion in transactions with a week left until the new quarter. The surge highlights sustained investor confidence and the city’s growing appeal as a global real estate hub. Developers are responding by expanding their portfolios and focusing on lifestyle-led, design-conscious projects. QUBE Development, with a AED 4.4 billion portfolio, is actively driving the way with high-quality residential, commercial, and retail developments. As it stands, QUBE’s portfolio reflects a strategic…

Riyadh, Kingdom of Saudi Arabia – Vision Bank has received the “No Objection” from the Saudi Central Bank (SAMA) to commence its banking operations in the Kingdom, marking a significant milestone aimed at introducing the public to Vision Bank and its innovative financial services. This announcement underlines Vision Bank’s commitment to delivering a distinctive banking experience built on trust and innovation. The Bank leverages technological advancements to create an interactive and transparent banking environment. Vision Bank is focused on establishing a corporate identity deeply connected to the needs of Saudi society, in alignment with the Kingdom’s digital transformation objectives and Saudi…

Abu Dhabi, UAE – Ohana Development, the leading real estate developer renowned for its luxury properties, has celebrated a major triumph at the Arabian Property Awards 2025, winning in all three categories it entered. The recognition further cements the company’s role in shaping Abu Dhabi’s most aspirational waterfront and mixed-use communities. The spotlight was on two of its signature projects, Jacob & Co. Beachfront Living by Ohana in Al Jurf Abu Dhabi, secured top honours on two fronts, winning for ‘Mixed Use Development for Abu Dhabi’ and ‘Residential Property for Abu Dhabi.’ ELIE SAAB Waterfront by Ohana, a striking tower on Reem Island designed in…

Sharjah, UAE– BEEAH has announced the upcoming launch of Phase One of Khalid Bin Sultan City, an innovative new community in Sharjah that will redefine the future of urban living. Khalid Bin Sultan City, a climate-smart and sustainable city, is the first community in the Middle East to feature a Concept Masterplan by the world-renowned Zaha Hadid Architects. The development builds on their design of the BEEAH Headquarters, one of Sharjah’s most iconic landmarks. The master community combines living, working and lifestyle areas within one bustling, mixed-use development. Built on the foundations of sustainability and innovation, the city has been…