ORA Developers Targets Double-Digit Reduction in Sourcing and Supplier Onboarding with JAGGAER Deployment

Dubai, UAE — 14 January 2025 — ORA Developers has announced that it is streamlining sourcing, strengthening supplier collaboration and improving visibility across its international operations through the deployment of a unified digital procurement solution from JAGGAER. The platform supports ORA’s rapid growth and underpins its ambition to modernise procurement as a strategic driver of operational excellence.

ORA operates across Egypt, Cyprus, Greece, Grenada, the Caribbean, Pakistan, the UAE, Iraq and Tunisia, working with a wide network of consultants, contractors, and suppliers in categories ranging from interior finishing materials and furniture, to hospitality, IT and professional services. By standardising supplier performance evaluation on a single platform, the company can now identify and engage the highest-performing partners in each market, regardless of geography. This allows developments across all operating regions to benefit from consistent quality, access to premium materials and proven expertise, ultimately reinforcing ORA’s position as a developer of high-end residential, commercial and hospitality projects.

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Standard Chartered Global Market Outlook 2026

The Bank’s 2026 Global Market Outlook assesses elevated equity market valuations driven by the AI boom, highlights the Gulf’s growing role in sustaining AI valuations and private market deal flow, and outlines key themes shaping global markets for investors

14 January 2026, Dubai – Standard Chartered (“the Bank”) Wealth Solutions Chief Investment Office (CIO) released its Global Market Outlook for 2026, which outlines its investment strategy and key themes for navigating global markets in the year ahead.

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NIO Celebrates Production of Its 1,000,000th Vehicle

  • NIO has produced it’s 1,000,000th production vehicle, an All-New NIO ES8 in Nebula Green
  • NIO has invested RMB 65 billion in technology research and development, building systematic capabilities across 12 core smart EV technologies
  • NIO has invested RMB 18 billion in charging and battery swap infrastructure, building 8,541 charging and Power Swap Stations across China and completing over 96 million battery swaps to date.

Abu Dhabi, United Arab Emirates, 12th January 2026:  NIO’s 1,000,000th vehicle rolled off the production line at NIO Factory Two in Hefei, Anhui Province, marking another significant milestone for the company.

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OpenText Opens Regional Headquarters in Riyadh, Deepening Commitment to Saudi Arabia and the Middle East

Canada’s Minister of International Trade, Hon. Maninder Sidhu marked the occasion as part of the Team Canada Trade Mission to Saudi Arabia

Riyadh, Saudi Arabia, January 13, 2026 – OpenText™ (NASDAQ/TSX: OTEX), a global leader in secure information management for AI, and one of Canada’s leading technology companies, today announced the opening of its Middle East regional headquarters in Riyadh, underscoring the company’s long-term commitment to Saudi Arabia and the region’s accelerating digital economy.

The opening was celebrated with the visit of Canada’s Minister of International Trade and Economic Development, Hon. Maninder Sidhu, and His Excellency Jean-Philippe Linteau, Canada’s Ambassador to Saudi Arabia.   

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Acube Abodes Realty becomes one of the first developers to break ground in Dubai for Altair 52 project at Dubai South

Setting the tone for the construction activities for 2026, Altair 52 is envisioned as a contemporary residential development that blends modern architecture, efficient layouts, and lifestyle-oriented amenities.

Date: Dubai, UAE; January 13, 2026

Acube Abodes Realty announces the successful groundbreaking ceremony of Altair 52, its latest premium residential development, located in the fast-growing master community of Dubai South. The milestone marks the official commencement of construction for the project, reinforcing the developer’s commitment to delivering high-quality, thoughtfully designed living spaces.

Through this ground-breaking ceremony, Altair 52 becomes one of the first residential projects to have commenced construction in the new year, marking a new beginning for Dubai’s high-growth real estate sector that has seen an unprecedented 215,700 property sales transaction last year worth Dh686.8 billion, according to data sourced from Dubai Land Department.

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