Daily Archives: February 25, 2025

Business & Investments

IHC Achieves Landmark Growth in 2024, Reinforcing Its Position as a Global Investment Powerhouse

H.H. Sheikh Tahnoon bin Zayed Al Nahyan: “IHC’s strong performance in 2024 underscores our commitment to active portfolio management, leveraging AI-driven efficiencies, and reinvesting in high-growth industries.“

  • Revenue surged 54.2% to AED 92.7 billion, driven by strong sector performance.
  • Total assets expanded to AED 401.8 billion, up 52%, supported by strategic investments and portfolio expansion.
  • Net profit reached AED 25.7 billion, reflecting a recalibration toward value-driven investments.
Continue reading IHC Achieves Landmark Growth in 2024, Reinforcing Its Position as a Global Investment Powerhouse →
Automibiles & Motoring

80% of car buyers prioritize accessibility and safety in KSA, UAE and Egypt, reveals study by General Motors

  • New research from GM Africa & Middle East supported by focus group discussions with SEDRA Foundation presents in-depth analysis of vehicle ownership trends
  • Safety, affordability and aesthetics key priorities for owners across the UAE, Saudi Arabia and Egypt
  • Vehicle accessibility of growing importance, driving the demand for more inclusivity in the automotive sector
Continue reading 80% of car buyers prioritize accessibility and safety in KSA, UAE and Egypt, reveals study by General Motors →
Technologies

Web Summit Qatar 2025

i4 Solutions and Cisco Systems showcase the future of AI-Driven IT at Web Summit Qatar 2025

 i4 Solutions and Cisco’s partnership delivers enhanced efficiency, stronger security, and a competitive edge for enterprises through AI-driven innovation and industry-leading solutions

25 February, 2025; Doha, Qatar – i4 Solutions, a leader in digital transformation and a Cisco Gold Partner, is redefining enterprise technology with AI-driven automation and advanced networking This strategic partnership underscores their unwavering commitment to empowering Qatari organizations with intelligent, secure, and scalable technology that drives operational efficiency and fosters innovation.

Continue reading Web Summit Qatar 2025 →
Real Estate

Richmind Announces Entry Into Premium Real Estate Development in the UAE

Debut project to be unveiled soon at Al Marjan Island, Ras Al Khaimah, in collaboration with Zaha Hadid Architects

International – [24.02.’25]: Richmind, a premium developer specialising in ultra-niche real estate products, and a flagship business vertical of Richmind Holding, is proud to announce its entry into the UAE market, introducing its transformative vision of premium real estate.  Positioned at the intersection of artistry, nature and design, Richmind is set to establish itself as a major player in the ultra-niche real estate segment.

Continue reading Richmind Announces Entry Into Premium Real Estate Development in the UAE →
Real Estate

PALMA DEVELOPMENT LAUNCHES AED 5 BILLION SERENIA DISTRICT AT JUMEIRAH ISLANDS, SETTING A NEW BENCHMARK FOR URBAN LIVING

Dubai, United Arab Emirates – 25 February 2025 – Palma Development, one of the most prestigious developers in the UAE real estate industry, has announced the launch of Serenia District, an AED 5 billion upscale residential community in the heart of Jumeirah Islands. Spanning 600,000 sq. ft. with a built-up area of 3.5 million sq. ft., the development is set to redefine luxury living, making it one of Dubai’s most extraordinary residential projects.

Continue reading PALMA DEVELOPMENT LAUNCHES AED 5 BILLION SERENIA DISTRICT AT JUMEIRAH ISLANDS, SETTING A NEW BENCHMARK FOR URBAN LIVING →