Real Estate

BNW Developments and Radisson Hotel Group Announce RAK Central’s First Hotel and Branded Residences

Dubai, UAE, 17 February, 2026 – BNW Developments, the single largest private developer in Ras Al Khaimah, set the stage for a defining moment with the unveiling of the first Radisson Blu Hotel and Radisson Blu Residences in RAK Central, in partnership with Radisson Hotel Group. Led by senior leadership from both organisations and joined by prominent real estate and hospitality stakeholders, the reveal marked a bold new benchmark for branded hospitality and elevated urban living in the emirate.

The grand launch was attended by over 8,000 people, including the industry leaders of the real estate world. Electrifying performances by the UK band Blue and the Bollywood duo Armaan Malik and Amaal Mallik followed the two-project announcement.

Located within RAK Central, Ras Al Khaimah’s emerging commercial and lifestyle destination, the development brings Radisson Blu’s internationally recognised service standards and design ethos to a mixed-use address positioned at the heart of the emirate’s next phase of growth. With Al Marjan Island anchoring Ras Al Khaimah’s leisure-led identity, RAK Central is set to define its work-and-play district, a future business hub that integrates offices, residences, hospitality, and lifestyle in one connected urban core. This strategic positioning underpins BNW Developments’ investment in RAK Central as the emirate’s next engine of economic and community growth.

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Featured

DUBAI SOUTH INAUGURATES NEW STATE-OF-THE-ART FACILITY FOR RH AERO AS PART OF ITS GLOBAL EXPANSION STRATEGY

Dubai, United Arab Emirates – 18 February 2026: The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South has officially inaugurated a new state-of-the-art facility for RH Aero Systems (RH Aero). Guided by its Ready, Reliable, Relentless promise, RH Aero is setting the standard for aviation support equipment and services. The facility will serve as RH Aero’s regional hub for Ground Support Equipment (GSE) and Engine/Airframe Tooling services across the Middle East, Africa, and India, supporting the company’s expanding global service network.

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Business & Investments

Mashreq kicks-off the UAE bank’s subordinated issuance for 2026 – Successfully Prices US$500mn Additional Tier 1 Bond Offering

  • First UAE bank capital transaction in 2026. Transaction marked Mashreq’s successful return to the bond markets since its’ Sukuk issuance in April 2025, which had opened the CEEMEA market post US tariffs announcement
  • Price tightening from IPTs of 62.5 bps on the back of a robust orderbook that peaked at US$2.1bn (4.2x oversubscription)
  • Mashreq’s achieved the tightest ever reset margin (+252 bps) for any of its bank capital issuances (AT1 and Tier 2)
  • Mashreq in effect priced flat to the secondary market level of its previous AT1 despite maturity extension of more than 20 months (1.7 years), and inside the secondary market level of recent AT1 issuances by some of the largest KSA banks

Ahmed Abdelaal – Mashreq Group CEO

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Technologies

Rest Enters the UAE Sleep Market with the Launch of Evercool, a Science-Led Cooling Bedding for Hot Sleepers

Dubai, UAE – January 2026: Rest, the science-led sleep brand, has officially launched in the UAE with the introduction of Evercool, a next-generation cooling bedding solution engineered specifically for hot sleepers. The launch marks Rest’s debut in the region and addresses one of the most persistent and under-served sleep challenges: temperature-related sleep disruption.

Overheating at night is a widespread issue that continues to compromise sleep quality for a significant segment of consumers. Yet, despite the abundance of bedding products claiming cooling benefits, many hot sleepers have grown accustomed to restless nights, frequent wake-ups, and reduced recovery. Evercool by Rest aims to disrupt this status quo by offering a purpose-built solution grounded in material science and performance-driven design.

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Ramadan Kareem

du launches “Bridging the Space Between Hearts ” campaign to strengthen family connections during the holy month

With a focus on authentic connections and shared experiences, du highlights the Year of Family’s mission to strengthen bonds and celebrate the small moments that make families thrive.

Adel AlRais – du

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