Monthly Archives: May 2025

Real Estate

The Luxe Developers’ Oceano development sold out

  •  Since launching on Al Marjan Island, the AED1.5 billion luxury development due for completion in 2026, has seen unprecedented demand from global ultra-high-net-worth individuals

Dubai, United Arab Emirates, 6 May 2025: The Luxe Developers, the UAE-based real estate development firm, has announced its flagship twin-tower development Oceano, situated on Al Marjan Island, has now sold out, underscoring the project’s global appeal and highlighting the demand for ultra-luxury real estate in Ras Al Khaimah.

The announcement follows the historic AED180 million sale of The Celest and The Stellar, two ultra-luxury Sky Villa residences within the development. These residences are the most expensive to be sold in Ras Al Khaimah and are redefining the property landscape in the emirate. Collectively, these exclusive Sky Villa residences span over 43,000 sqft, differentiating them from anything else on the market in terms of space and design.

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Real Estate

Dubai sets new real estate records again – with April transactions soaring to AED 62.1 bn Property Finder data reveals

  • A record-breaking surge in the secondary market, alongside significant growth in the primary market, saw Dubai achieve the highest-ever monthly total in sales transactions, with a 94% year-on-year surge in value and a 54% rise in transaction volume.
  • Dubai’s secondary segment achieved a record AED28 billion in sales across over 7,700 transactions, up 67% in value and 66% in volume from April 2024.
  • Primary sales further contributed to the charge, touching AED 34.2 billion in value, a 124% increase from April 2024.

DUBAI, UNITED ARAB EMIRATES, 6 May 2025: Property Finder, the leading property portal in the MENA region, has released its market performance highlights for April 2025, highlighting unprecedented peaks in Dubai’s real estate activity.

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Featured

London Business School Hosts Pivotal Gathering of MENA Changemakers in Landmark 22nd Annual Conference

  • The conference addressed key themes including digital transformation, capital investment, and regional entrepreneurship.
  • The event featured prominent speakers including H.E. Dr. Nabeel Koshak

Dubai, United Arab Emirates, May 05, 2025 – London Business School (LBS) hosted its 22nd Annual MENA Conference at the School’s London campus. The conference is a landmark gathering that continues to shape conversations around innovation, entrepreneurship, investment, and impact in the Middle East and North Africa (MENA) region. Held on May 3, 2025, this year’s conference built on a proud legacy of insight, dialogue, and regional leadership.

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Business & Investments

Invictus Investment Publishes 2024 Environmental, Social and Governance Report

Second annual report demonstrates continued commitment to ESG principles, sustainable growth and operational governance

Dubai, United Arab Emirates, 6 May 2025: Invictus Investment Company Plc (ADX: INVICTUS), a leading agro-food enterprise in the Middle East and Africa, announced the publication of its second annual Environmental, Social and Governance (ESG) report for the 12 months ended December 31, 2024. Prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Standard and reflecting the aims of the UN Sustainable Development Goals, the report outlines the company’s ESG framework, performance and initiatives across three core pillars: Environmental Stewardship, Social Empowerment, and Ethical Governance and Partnerships.

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Health Care

Immunotherapy Could Replace Surgery, Enabling Patients To Retain Their Organs and Enhance Their Quality of Life

80% of patients with locally advanced mismatch repair-deficient (MMRd) solid tumors who were treated with immunotherapy avoided surgery

DUBAI, RIYADH, May 6, 2025—New results from a clinical trial led by Memorial Sloan Kettering Cancer Center (MSK), gastrointestinal oncologists Andrea Cercek, MD, and Luis Diaz Jr., MD, demonstrate how immunotherapy alone can allow people with MMRd cancers to avoid surgery and preserve their quality of life.

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