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Dubai , January 4, 2026 : Dubai’s Roads and Transport Authority (RTA) has completed 60% of the Oud Maitha Road and Al Asayel Street Development Project, part of the wider Sheikh Rashid Corridor Development Project, the authority announced on January 4, 2026.

The project aims to enhance connectivity between Al Asayel Street and Al Khail Road via Al Wasl Club Street, and includes the upgrade of four major intersections, the construction of bridges spanning 4.3 kilometres, and new roads extending 14 kilometres. Once completed, it is expected to serve more than 420,000 residents by 2030.

RTA said 70% of bridge works linking Al Asayel Street to Al Khail Road towards Business Bay Crossing have been completed, with the section set to open in the first quarter of this year. About 60% of tunnel works connecting Dubai–Al Ain Road to Al Wasl Club Street have also been completed, while remaining road widening and bridge works are scheduled for opening in the third quarter.

According to RTA Director General Mattar Al Tayer, the project will increase the capacity of Oud Maitha Road by 50%, from 10,400 to 15,600 vehicles per hour in both directions, and cut travel time from 20 minutes to just five minutes. The development supports key residential and service areas including Zabeel, Al Jaddaf, Oud Maitha, Umm Hurair and Al Wasl Club.

The project includes multiple new bridges, upgraded ramps, service roads and a vehicle tunnel designed to ease congestion, improve safety and accommodate Dubai’s growing population.

Ajman , January 2 , 2026 : rivate schools in the Emirate of Ajman will resume classes on Monday following the end of the winter break, with nearly 95,000 male and female students returning to school.

Aisha Sultan Al Shamsi, Executive Director of the Ajman Private Education Affairs Office, affirmed that the winter break provided students and their families with additional time to rest and recharge, as well as opportunities for travel and participation in community and national events that help strengthen a sense of belonging and national identity.

She noted that private schools have completed all preparations to welcome students back, through educational and organisational plans designed to strike a balance between academic achievement and students’ mental well-being.

Dubai , December 29 , 2025 :

The total proceeds of the 120th open auction of distinctive vehicle number plates, launched by Dubai’s Roads and Transport Authority (RTA) on the evening of Saturday, 27th December, reached AED 109,026,000, representing the highest revenue recorded in the history of distinctive number plate auctions since their launch. Plate number BB12 recorded the highest value at the auction at AED 9.66 million, followed by plate number AA25 at AED 8.04
million, plate number BB30 at AED 6.74 million, and plate number CC100 at AED 4.21 million. These results underscore the success of the strategy adopted by RTA in managing both open and electronic auctions. The strategy is founded on neutrality and transparency, while ensuring equal opportunities for all those wishing to acquire distinctive number
plates, which carry symbolic value for their owners. RTA offered 90 distinctive vehicle number plates, comprising two,
three, four, and five-digit numbers, from the codes AA, BB, CC, K, N, O, R, T, U, V, W, X, Y, and Z at its 120th open auction. The
auction took place at Al Joud Ballroom at Hilton Dubai Al Habtoor City at 4:30 pm. Registration opened on Monday, 22nd December, with participants able to register through RTA’s website at www.rta.ae, Customer Happiness Centres in Umm Ramool, Deira, and Al Barsha or at the auction venue itself. Priority was given to
those who registered in advance. The sale of number plates was subject to a 5% value-added tax.
Participation in the auction required customers to have a traffic file in the Emirate of Dubai, submit a security cheque payable to RTA in the amount of AED 25,000, and pay a non-refundable participation fee of AED 120 at Customer Happiness Centres. RTA also enabled payment by credit card through its website.

Bahrain , December 29 ,2025 : Sustainability Forum Middle East (SFME) has announced National Bank of Bahrain (NBB) as a Forum Partner for its 4th edition, to be held on 27–28 January 2026 at the Four Seasons Hotel in Bahrain, under the patronage of H.E. Dr. Mohamed bin Mubarak Bin Daina, Minister of Oil & Environment and Special Envoy for Climate Affairs, and with the support of the Supreme Council for Environment.

Held under the theme “Advancing Alignment, Innovation, and Implementation for Energy and Climate Transformation”, the Forum will open with a special address by H.E. Jasem Mohamed Al Budaiwi, Secretary-General of the Gulf Cooperation Council, and will bring together more than 400 senior leaders from government, business, and the sustainability and climate sectors across the region and internationally.

As Bahrain’s national bank, NBB continues to demonstrate its commitment to sustainability through a strong ESG framework aligned with Bahrain’s Economic Vision and national climate goals. The Bank recently launched its Sustainable Finance Framework, supporting the financing of green and social projects in areas such as renewable energy, clean transportation, green buildings, and community development.

As part of the programme, Zaina Alzayani, Group Chief Strategy and Sustainability Officer at NBB, will participate in a panel on unlocking climate finance, exploring innovative financial instruments and strategies to support decarbonisation, climate resilience, and sustainable economic growth across the GCC and wider MENA region.

The Forum’s 2026 edition will feature high-level national vision discussions, expert panels, and practical workshops addressing transition finance, energy transformation, industrial decarbonisation, emerging technologies, carbon markets, and human capital development. High-impact workshops will be led by organisations including KPMG, UNDP, and Anthesis Group.

SFME 2026 is supported by Lead Partners SAFA and Bank of Bahrain and Kuwait (BBK), Strategic Partner UNDP, and Forum Partners from across key regional industries, reinforcing the growing role of collaboration in advancing sustainable finance and climate action in the Middle East.

​V. Nandakumar Honoured as the Retail Professional of the Year at Retail Congress MENA 2025

Dubai, UAE – The Middle East Council of Shopping Centers & Retailers (MECSR) presented its Annual Top Retail Industry Awards at the Retail Congress MENA 2025 in Dubai, recognising outstanding leadership and excellence across the region’s retail sector.

One of the key honours of the evening’s awards, Retail Professional of the Year, was conferred on V. Nandakumar, Director – Global Marketing & Communications, LuLu Group International, in recognition of his long-standing contribution to the Middle East retail industry and his role in shaping contemporary retail marketing, communications, and brand leadership in the region.

The awards ceremony formed part of the MECSR Retail Congress, a flagship industry platform that convenes senior executives, retail groups, mall owners, developers, and solution providers to deliberate on sector trends, transformation, and sustainable growth. The Congress has established itself as one of the region’s most influential forums for recognising leadership and innovation in retail.

Commenting on the recognition, V. Nandakumar said “This recognition is particularly meaningful to me as it comes from the industry and its key stakeholders — peers whose work and leadership I deeply respect. It reflects the collective effort of the teams I have had the privilege to work with over the years. Retail is ultimately about people, and this award belongs to the wider LuLu family that continues to build trust through purpose-led growth.”

The Middle East Council of Shopping Centers & Retailers (MECSR) represents the collective interests of the region’s retail and shopping centre industry, bringing together leading retailers, developers, investors, and service providers. As the regional affiliate of the International Council of Shopping Centers (ICSC), MECSR connects the Middle East retail community with global insights, best practices, and international benchmarks, while driving research, advocacy, and knowledge-sharing across the sector.

With over 25 years at LuLu Group International, V. Nandakumar has been closely associated with the Group’s evolution into one of the Middle East’s most trusted and diversified retail organisations. In his current role, he oversees global marketing and communications across LuLu’s portfolio, spanning hypermarkets, shopping malls, hospitality, and allied businesses across the globe.

Over the years, Nandakumar has played a pivotal role in strengthening brand equity, leading large-scale retail and corporate campaigns, and advancing omnichannel and customer engagement strategies. He is widely recognised as one of the region’s leading marketing professionals, having been featured among the Top Marketing Leaders in the Middle East by Forbes Middle East and Khaleej Times, and is a regular speaker at prominent industry conferences and leadership forums.

The MECSR Retail Congress 2025 also recognised and honoured several organisations and leaders for excellence across key categories including Retailer of the Year, Shopping Centre of the Year, Sustainability Initiative of the Year, Retail Innovation, and Customer Experience Excellence, reflecting the depth and diversity of the region’s retail ecosystem.

Jeddah, December 15, 2025: As part of its ongoing expansion strategy in the Kingdom of Saudi Arabia, Lulu Retail has opened its 72nd store in KSA at Al Faisaliyyah, Jeddah, marking its first store at Cenomi Aziz Mall. This also represents Lulu’s 267th store across the GCC.

The newly opened Lulu Hypermarket at Cenomi Aziz Mall offers a modern and convenient shopping experience, featuring a curated selection of high-quality products and reinforcing the brand’s longstanding commitment to affordability and excellence.

The new Lulu Hypermarket was officially inaugurated by the Chief guest, Mohammed Yousuf Naghi, President and Chairman of the Board of Jeddah Chamber of Commerce & Industry(JCCI)  in the presence of Nasser Huwaiden Thaiban Ali Alketbi, Consul General of UAE in Jeddah; Fahad Ahmed Khan Suri, Consul General of India in Jeddah; Rommel A. Romato, Consul General of the Republic of the Philippines in Jeddah; Yusuffali M.A., Chairman of Lulu Group; Khalid AlJanahi, Chief Commercial Officer at Cenomi Centers and other dignitaries.

Spans over 10157 square feet, the new Lulu Hypermarket offers a wide range of products from groceries to household products. Shoppers can find everything from fresh produce, and bakery items to meat, seafood, health and beauty products, mobile phones and accessories, and home furnishings. To ensure hassle free shopping, Lulu also provides self-check-out counters and ample parking space with a capacity for 3000 vehicles.

“This new hypermarket enhances the shopping experience for customers while supporting local economic growth and creating employment opportunities in the region. As its 72nd store in the Kingdom, the opening reflects Lulu’s commitment to Saudi Vision 2030. Lulu continues to expand across key locations in Saudi Arabia and aims to open 100 stores to meet the needs of its growing customer base,” said Yusuffali M.A., Chairman of Lulu Group.

Also present on the occasion were Ashraf Ali M.A., Executive Director of Lulu, Mohamed Haris , Director of Lulu KSA and other dignitaries.

Dubai, UAE; December 15, 2025

A global webcast series – Globecast — that aims to promote inward investment to the UAE – One Way Ticket to Dubai – has been unveiled today at a press conference that will see millions of investors, professionals, entrepreneurs and business leaders listen and participate to boost foreign investment into the UAE economy and the real estate sector, which generated Dh3.6 trillion (US$982.28 billion) transactions in the last 7 years – averaging more than US$100 billion worth of sales and mortgage per annum.  

Real estate transactions value exceeded Dh8.4 billion (US$219 billion) in year-to-date this year, that reflects the emirate’s popularity among foreign high-networth individuals.

One Way Ticket to Dubai, the first Globecast series in the Middle East, will be produced and broadcast in eight different languages including English, Arabic, Chinese, Hindi, Russian, Farsi and Urdu – to help attract more businessmen, professionals to move in to the UAE as well as attract increased foreign investment (FDI) that jumped 48 percent to US$45.6 billion (Dh167.6 billion) last year.

This surge secured the UAE a spot among the world’s top 10 destinations for FDI. The country’s strong performance was driven by a diverse range of sectors, including wholesale and retail trade, real estate, and finance. 

Inward investment into Dubai remains strong, with the inflow of an estimated Dh40.4 billion ($11 billion) FDI, a 62 percent increase when compared to the corresponding period in the previous year. The number of FDI projects surged by 28.7 percent in H1 2025 to 1,090, creating over 38,000 jobs and showing growth in various investment types like greenfield projects and new forms of investment. Key sectors include financial services, business services, software and IT, consumer products, and food and beverages. 

One Way Ticket to Dubai represents a revolutionary approach to real estate market communication, the first of its kind globally,” says Binesh Babu Panicker, Founder, Co-Founder of Voxx Bridge Production, and a veteran journalist with 17 years of media experience in the UAE.

“It is a groundbreaking podcast series that sets a new standard for industry communication globally, combining expert analysis with compelling storytelling. It is a carefully-crafted platform to showcase Dubai’s real estate strengths, address misconceptions, and highlight the market’s unique advantages.

“It is also a strategic media initiative to redefine global perceptions of Dubai real estate market through authentic story-telling and insights. More than media content, it is a powerful tool for demonstrating Dubai’s regulatory excellence, market transparency, and global connectivity.”

The total value of investment into equities on the Dubai Financial Market (DFM) in 2024 was approximately Dh107 billion (around US$29.1 billion) in total traded value. The market capitalisation of the DFM surged by 32 percent to reach Dh907 billion by the end of 2024.

At the end of 2024, the combined market cap of the Dubai and Abu Dhabi stock markets surpassed Dh3.9 trillion, compared to Dh3.65 trillion at the end of 2023.

Yafea Al Faraj, Real Estate Expert & Advisory Board Member of One Way Ticket to Dubai, says, “A land of opportunities, the UAE is a global magnet that attracts investment and investors. We want to reflect on the country’s unique positioning as the most attractive destination for business, investment, innovation as well as a very good place to live and raise families.

One Way Ticket to Dubai will create greater awareness among global investors on various aspects of investing and re-settling to the UAE, where we will engage with businesses and high-professionals in meaningful conversation to pinpoint the opportunities from which they can benefit from.”

Global revenue in music, radio and podcasts market is projected to reach US$125.86 billion in 2025, according to Statista, a global market intelligence provider.

“In a global context, the most revenue will be generated the United States, estimated at US$50.46 billion in 2025. Within the Music, Radio & Podcasts market, the number of listeners is anticipated to reach 3.51 billion users by 2030,” it said.

In 2024, the GCC podcast market demonstrates high engagement, particularly in Saudi Arabia and the UAE. Approximately 59 percent of adults in Saudi Arabia listen to more than one hour of podcasts per week. Some reports indicate this figure is closer to 60 percent of consumers who listen for an hour or more weekly. The total number of regular listeners in KSA is estimated to be over five million.

In the UAE, approximately 53 percent of adults listen to more than one hour of podcasts per week. Other reports suggest this number is around 57 percent of consumers who listen at least an hour per week. There are an estimated 1.3 million regular podcast listeners in the UAE. 

The Middle East and Africa region has one of the highest proportions of podcast listeners in the world, with these GCC countries being key players. The audience is typically young, educated, and tech-savvy, with a strong preference for local Arabic dialect content. 

One Way Ticket to Dubai is supported by Feesable Technologies, a fintech startup based in Dubai that builds embedded finance and debt capital management solutions. Feesable works with real estate brokers, agencies and developers, providing them with smart technology and financial solutions across the value chain.

Ali Yaakub, Founder & CEO of Feesable, says, “Real estate brokers are travelling the world telling the incredible growth story of this fine city and the region, bringing ever more people, families, businesses, and investors from the world over. We are proud to support this initiative not just because it brings more business to the region, but because it tells the story of the diverse people behind it.”

“Apart from these pain points, we work passionately with real estate brokers, homeowners, and investors on data literacy. I’m a firm believer that information and knowledge should be free and accessible. We’re lucky here to have data freely available from the DLD on Dubai Pulse about real estate market transactions and I’m simply making charts and maps that visualise what’s going on to make this information more accessible and easier to understand.”

One Way Ticket to Dubai is being developed by Voxx Bridge Production, a UAE-based futuristic media production house with a global vision. It is a creative and production-focused venture launching a pioneering concept for global audiences that blends cinematic storytelling, branded campaigns, and high-impact production services.

It’s vision is to set a new standard for emotionally intelligent, globally resonant production that feels both artisanal and scalable. It positions itself in developing premium, emotionally resonant work that bridges editorial insight with commercial storytelling for film, branded content, and experiential media.

Its core strengths include cross-disciplinary teams; editorial-to-production continuity; premium creative direction; operational rigour for scalable rollouts. Its offerings include concept-to-delivery production, branded short films, campaign ideation, editorial-led content strategy, and technical production management.

Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Bulgarian Business Council. The new council aims to strengthen economic cooperation, promote partnerships between the business communities in Dubai and Bulgaria, and expand investment collaboration across diverse sectors.

The council’s first meeting was held recently at Dubai Chambers’ headquarters. Participants discussed ways to develop new business opportunities and advance mutual investments. The meeting also focused on strengthening the connections between Bulgarian companies and their counterparts in Dubai, exchanging expertise and data, and organising bilateral business events.

The launch of the Bulgarian Business Council comes as Dubai continues to reinforce its position as an international hub for Bulgarian companies and investors. Non-oil trade between Dubai and Bulgaria reached AED 777 million in 2024, recording annual growth of 5% and reflecting the strength of bilateral commercial ties. During the first nine months of this year, 54 new Bulgarian companies joined the chamber, bringing the total number of active Bulgarian members to 243 by the end of September.

Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, commented: “The establishment of the Bulgarian Business Council represents an important step forward in the economic ties between Dubai and Bulgaria. The council will help build stronger partnerships between our business communities, unlock new opportunities for joint investment, and support the continued growth of bilateral trade.”

In this regard, Mr. Milo Borissov, Bulgarian businessman and entrepreneur, stated, “I am delighted with the creation of this Bulgarian Business Council, which opens new avenues for collaboration between Bulgaria and the UAE. Together, we can explore and harness the potential of both markets.” Borissov is the founder of the PALMS WORLD brand and a managing partner in an international holding group, as well as a co-founder of the “Sport in Bulgaria” Foundation.

The Business Councils operating under the umbrella of Dubai Chamber of Commerce represent the interests of companies and investors from specific markets operating in Dubai. They work in close cooperation with the chamber to enhance bilateral trade and investments between Dubai and the markets represented, with the goal of developing robust long-term economic partnerships.

MADINAH, KINGDOM OF SAUDI ARABIA, DECEMBER 15 2025 — Accor, a world-leading hospitality group and the largest hotel operator in the Kingdom of Saudi Arabia, has signed an agreement with Madinah-based developer Arbah Taiba for Real Estate Development and Investment, to develop Novotel Madinah North. The new hotel will be located minutes from the iconic Al Masjid an-Nabawi and is scheduled to open in 2028.

The collaboration draws on Arbah Taiba’s long-standing role in shaping Madinah’s urban development and Accor’s operating experience across Saudi Arabia. Together, the two groups will introduce a hotel that is accessible, modern, and designed to meet the diverse needs of travelers throughout the year.

The signing ceremony in Madinah was attended by Islam Abdel Samad, Vice President, Development, Premium, Midscale & Economy, Middle East & Africa at Accor, and Abdulaziz Al Qfary, Chairman of Arbah Taiba. The agreement reaffirms their shared commitment to advancing Saudi Arabia’s religious, business and leisure tourism sectors in line with Vision 2030.

As Madinah continues to experience rapid growth welcoming more than more than 3.7 million visitors in Q2 2025 alone, following 18 million visitors in 2024 the new Novotel address will directly address the rising accommodation demand by expanding quality options for pilgrims, business travelers and domestic guests.

Islam Abdel Samad, Vice President, Development, Premium, Midscale & Economy, Middle East & Africa at Accor, said: ”This agreement strengthens Accor’s long-term strategy to deepen our presence across Saudi Arabia, particularly in the holy cities where demand for high-quality accommodation continues to accelerate. Our partnership with Arbah Taiba allows us to deliver a property that aligns with international standards while honoring the unique character and spiritual significance of Madinah.”

Abdulaziz Al Qfary, Chairman, Arbah Taiba, said: “Arbah Taiba has long contributed to Madinah’s urban development and this partnership with Accor represents an important step in elevating the city’s hospitality offering. By combining our local insight with Accor’s global operating expertise, we are introducing a hotel that aligns with global best practices while serving the needs of visitors to the Prophet’s Mosque. Novotel Madinah North marks the beginning of a promising collaboration, and we look forward to developing further projects that continue to support Madinah’s growth and enhance the guest experience across the city.”

Novotel Madinah North: Designed for Balance and Modern Living

Now entering the development phase, Novotel Madinah North will embody Novotel’s Longevity Everyday positioning – creating uplifting, well-designed spaces that support balance, rest, nourishment and meaningful moments during every stay. The hotel that will complement Accor’s expanding accommodation offering across Saudi Arabia and its Holy Cities.

Scheduled to open in 2028, the hotel will feature 200 modern guest rooms complemented by a thoughtful selection of facilities including a restaurant, a lobby lounge, fitness center, and four flexible meeting rooms. The hotel’s design and balanced amenities make it well suited to business travelers, families and domestic guests alike.

The property’s appeal is further elevated by its prime location just minutes from Al Masjid an-Nabawi, the second largest mosque and holiest site in Islam, and is poised to welcome pilgrims who travel to the city throughout the year.

Demand continues to rise: Madinah hosted 6.45 million visitors in Q1 2025, including 4.41 million international travelers, reflecting 10.7% year-on-year increase in external Umrah arrivals. This momentum reflects the strategic importance of introducing modern, well-located, and accessible accommodation to support the city’s growth.

Strengthening Accor’s leadership

With this agreement, Accor reinforces its position as the largest international hotel operator in Saudi Arabia and the holy cities, adding to a year of significant development achievements and expanding its significant local pipeline to 6,700 keys. This momentum reflects a balanced mix of operating properties and high-value future projects across all segments.

Accor currently operates 40+ hotels and branded residences across the Kingdom, totaling more than 17,000 keys across 15 brands, and a robust pipeline of more than 60 committed projects amounting to approximately 17,000 keys. In the holy cities alone, Accor operates 14 hotels, representing 12,600 keys.

This year has seen notable growth in both Makkah and Madinah, with new developments such as Sofitel Jabal Omar Makkah (1,141 keys), a new Mövenpick project with Al Qimmah Hospitality, and the upcoming ibis Styles Makkah Mesfalah and Mercure Makkah Shesha. These additions reflect sustained demand across all segments and the rising expectations of visitors to the holy cities.

Novotel Madinah North builds on this trajectory, expanding Accor’s midscale offering and contributing to the continued evolution of hospitality standards in Madinah.