Business & Investments

68.97% of GCC Facility Managers Report Improved Efficiency Through Centralized Digital Platforms

Empowering GCC Facility Management: New Insights on Digital Transformation, Efficiency, and Cost Savings

Dubai, UAE – 20 January 2025 –The facility management industry in the GCC is experiencing a seismic shift as professionals adopt digital tools to meet rising operational demands. A new whitepaper from PlanRadar, in collaboration with the Middle East Facility Management Association (MEFMA), reveals that 68.97% of FM professionals report enhanced efficiency through centralized digital platforms, while 58.62% highlight cost savings from reducing errors and delays. This comprehensive report not only sheds light on the challenges FM professionals face but also provides actionable strategies to navigate them effectively.

A Rapidly Evolving Industry: The Role of Digital Platforms

The whitepaper highlights how the GCC’s FM sector is growing in complexity due to large-scale urban development and diverse facility types. 44.83% of professionals are adopting digital tools to streamline daily operations, and 62.07% are using Computer-Aided Facility Management (CAFM) software to optimize workflows. However, challenges like operational inefficiencies, workforce gaps, and sustainability pressures remain critical barriers.

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Technologies

81% of CDP users gain competitive edge in AI initiatives, Tealium research shows

Study reveals enterprises with CDPs achieve faster AI deployment with superior data quality, while non-CDP users struggle with data wrangling and compliance

22 January 2025 – Tealium today released its sixth annual report, The Future of Customer Data: AI, CDPs, and Real-Time Data, revealing insights into how organizations are leveraging customer data platforms (CDPs) to drive business success in an AI era. The study surveyed 1,200 global professionals across industries, examining both CDP and non-CDP users at various stages of maturity.

Below are key insights and findings from the report.

The Intersection of AI and Customer Data Management

The study reveals a transformative shift in how organizations are leveraging AI and ML through their CDP investments.

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Business & Investments

Middle East confidence steady as new orders surge 10% above average, according to ACCA’s GECS Q4 2024

Survey highlights regional resilience, driven by non-oil sector growth and strategic diversification efforts

Dubai, UAE: 22 January 2025: Despite global economic uncertainty, the Middle East is emerging as a beacon of resilience, according to the Q4 2024 Global Economic Conditions Survey (GECS) released by the Association of Chartered Certified Accountants (ACCA).

The survey revealed a 10% rise in new orders above historical averages for the region, signaling robust economic activity driven by diversification efforts and strong non-oil sector growth. While confidence levels dipped slightly in Q4, they remain among the highest globally, second only to South Asia.

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Real Estate

Andrea Bocelli Buys a Luxury Residence at Bugatti Residences by Binghatti in Dubai

Global Opera Icon Andrea Bocelli Buys a Luxury Residence at Bugatti Residences by Binghatti in Dubai

Abu Dhabi, UAE, Wednesday 22 January 2025 –  Dubai continues to cement its status as a global hub for luxury real estate, attracting world-renowned opera singer Andrea Bocelli, who has purchased an exclusive residence within the prestigious Bugatti Residences by Binghatti. As the first Bugatti-branded development in the world, this project redefines luxury with bespoke design and unparalleled opulence.

The acquisition was confirmed during a signing ceremony at the Emirates Palace Hotel in Abu Dhabi, attended by Muhammad Binghatti, Chairman of Binghatti Developers, who emphasized the significance of this deal in enhancing the UAE’s image as a global center for luxury living and investments.

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