Monthly Archives: January 2026

Hotels & Hosppitality

From Paddock to Penthouse Suite: World of Hyatt Brings Audi Revolut F1 Team Spirit to Luxury Hospitality

As the team’s official hospitality partner, World of Hyatt blends the innovation of Audi Revolut F1 Team with elevated hospitality to create unforgettable travel, cultural, and immersive experiences for members

UAE (January 15, 2026) – Hyatt today announced World of Hyatt will be the official hospitality partner of the new Audi Revolut F1 Team, uniting two global brands defined by a relentless pursuit of quality and experience. As the official hospitality partner of Audi Revolut F1 Team’s entrance into Formula 1, World of Hyatt will bring luxury travelers closer to the world of elite motorsport through an array of exclusive experiences and hospitality offerings.  

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Hotels & Hosppitality

THE BENCH RESTRUCTURES LEADERSHIP TO SUPPORT GLOBAL GROWTH AND INVESTOR ENGAGEMENT

Ali Shahid to step into the role of Chief Executive Officer

Dubai, 14 January 2026 — The Bench, organiser of the Future Hospitality Summit (FHS) series and the Branded Residences Forum, has announced strategic leadership appointments to support the company’s next phase of global growth and focus on investor engagement and the impact of in-person industry platforms.

In this new chapter for the business, Ali Shahid has been appointed as Chief Executive Officer, having spent nearly nine years with The Bench. In his new role Ali will lead global strategy, product direction, and overall business performance, working closely with founder and Chairman, Jonathan Worsley.

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Business & Investments

The Arab Energy Fund Acquires Minority Stake in APSCO, Supporting Regional Growth in Energy Solutions

Saudi Arabia – 14 Jan 2025 – The Arab Energy Fund (TAEF), a leading multilateral impact financial institution, today announced the acquisition of a strategic minority stake in Arabian Petroleum Supply Company (“Apsco”), one of the largest private-sector energy solutions companies in the Kingdom of Saudi Arabia.

The investment marks the beginning of a strategic partnership focused on jointly exploring growth opportunities and new initiatives across the Middle East, North Africa, and selected international markets, spanning Apsco’s core and adjacent sectors.

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Real Estate

Azizi Developments records AED 16 billion in unit sales in 2025

Azizi Developments records AED 16 billion in unit sales in 2025; plans AED 30 billion in sales and 22 project deliveries in 2026


Dubai, United Arab Emirates, 14 January 2026: Azizi Developments, a leading private developer in the UAE, has concluded 2025 with a strong sales and construction performance, underpinned by sustained demand throughout its mixed-use developments. During the year, the developer achieved total unit sales valued at AED 16 billion, reinforcing its position as one of Dubai’s most active private developers. Building on this momentum, Azizi has set a sales target of AED 30 billion for 2026.

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