All posts by uaenews247

Business & Investments

UAE Leading $18B Middle East Space Market Growth, BCG Report

The UAE holds 40-45% market share as regional space economy shows strong 5% CAGR trajectory through 2033.

Middle East, September 17, 2025 – The Middle East and Africa (MEA) space market is valued at USD 18 billion, according to a new report from Boston Consulting Group (BCG) titled “Governments in Space: A universe of opportunities“. The UAE, Saudi Arabia, and Qatar represent the core of the region’s civil space investments – each contributing actively to the GCC’s emergence as a hub for space innovation and ambition.  

Faisal_Hamady, Managing Director & Partner_BCG

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Business & Investments

Alinma announces strategic investment in Qashio to Deliver Corporate Spend Management Solutions

17th September, 2025: Continuing its commitment to providing top-tier services to the corporate sector and offering advanced digital financial solutions to enhance operational efficiency, Alinma Bank has announced a strategic investment and partnership with Qashio, the MENA region’s leading spend management and corporate card platform.

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Business & Investments

OpEx First KSA 2025 Unites Leaders Through Operational Excellence

Riyadh, Saudi Arabia: The inaugural OpEx First KSA 2025 Summit concluded in Riyadh with resounding success, uniting senior government officials, industry leaders, and global innovators to chart the next phase of Saudi Arabia’s transformation journey. As the Kingdom accelerates efforts to realize ambitions, the event served as the nation’s first dedicated platform for operational excellence, setting the tone for a future built on efficiency, sustainability, and innovation.

The summit opened with the Saudi national anthem and welcome remarks before delegates were introduced to a thought-provoking keynote on industrial automation and the role of advanced technologies in scaling efficiency across vital industries.

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Business & Investments

Hit Reset: Transforming Retail for Impact: Retail Congress MENA 2025 returns to Dubai.

Dubai, UAE September 15, 2025-Middle East Council of Shopping Centres & Retailers (MECSR) proudly presents Retail Congress MENA 2025, taking place October 13–14, 2025 at The Ritz-Carlton, DIFC, Dubai.

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Real Estate

Developers pledge to accelerate housing supply in Abu Dhabi due to high demand as Int’l Real Estate & Investment Show 2025 concludes on a high note

More than 4,000 property buyers and brokers at IREIS 2025 exhibition attended to find and book their dream homes as prices are increasing due to higher demand

Date: Abu Dhabi, UAE, September 16, 2025

The 14th edition of the International Real Estate & Investment Show (IREIS 2025) concluded at the Abu Dhabi National Exhibition Centre (ADNEC) on a high note with experts calling developers to invest more in residential properties to meet the growing demand for homes as economic diversification is creating more employment that is accelerating the demand.

The population of Abu Dhabi increased 7.5 percent to exceed 4.13 million in 2024, due to increase in non-oil trade, especially the expansion of tourism, aviation, retail, housing and construction sectors. These, in turn, are putting pressure on the housing market.

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