Author: Arabian Media staff
Yazeed Alghamdi, director of emerging technologies at ROSHN Group, speaks to Gulf Business Saudi Arabia’s real estate sector is entering a decisive digital phase, with PropTech solutions, AI-enabled services, and data-driven community experiences now central to how developers design and operate urban environments. Within this fast-evolving landscape, ROSHN Group has positioned innovation not as a support function, but as a strategic pillar shaping the future of its developments. At Cityscape Global 2025, Yazeed Alghamdi, director of emerging technologies at ROSHN Group, shared how the ROSHN Hackathon has become one of the organisation’s most influential platforms for advancing technology-driven real estate…
This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters hereGood morning and welcome back. In today’s newsletter:OpenAI partners in debt spree to fund ChatGPT maker’s ambitionsDimon gave London tower go-ahead after UK assurancesFC Barcelona faces backlash over Samoa crypto sponsorshipHow the housing crisis is pushing Gen Z into taking risky betsWe begin with OpenAI’s data centre partners, who are on course to amass almost $100bn in borrowing tied to the lossmaking start-up, as the ChatGPT…
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Eng. Amr Soliman, founder and chairman of Mountain View, speaks to Gulf Business Saudi Arabia’s urban transformation under Vision 2030 is accelerating at a scale unmatched anywhere in the region, creating new demand for developers capable of reimagining how people live, work, and build community. Among the companies entering this next phase is Egypt-based Mountain View, which has built its reputation on an unconventional philosophy: real estate is not about buildings, but about human happiness. Speaking at Cityscape Global 2025, Eng. Amr Soliman, founder and chairman of Mountain View, explained how the company’s expansion into the Kingdom is anchored in…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Indonesia is resisting attempts by Donald Trump to force it to accept so-called “poison pill” and other coercive clauses in its “reciprocal tariff” trade deal with the US, a move that challenges American efforts to counter China’s influence in south-east Asia.The rebuff to the US president’s bid to impose the clauses emerged during negotiations to finalise a preliminary trade deal agreed in July that slapped a 19 per cent “reciprocal tariff” on Jakarta. Three people familiar with the negotiations said Indonesia had…
Images: RTA/ X Dubai’s Roads and Transport Authority (RTA) has announced operating schedules for public services during the 54th Eid Al Etihad (Union Day) holiday, covering customer centres, parking, public transport and inspection facilities across the emirate. Public parking across Dubai will be free on Monday, December 1, and Tuesday, December 2, excluding multi-storey facilities and Al Khail Gate N-365. Standard fees resume on Wednesday, December 3. Customer Happiness Centres will close on Monday, December 1, and Tuesday, December 2. Smart Customer Happiness Centres in Umm Ramool, Deira, Al Barsha, Al Twar and RTA Headquarters will continue operating around the…
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Image: Supplied Saudi Arabia is reimagining luxury travel, and Red Sea Global is at the forefront. From the barefoot escapism of The Red Sea to the curated wellness and cultural immersion of AMAALA, the group is redefining what it means to experience high-end hospitality in the kingdom. In this conversation, Brett Armitage, group head of Global Branding and Marketing at Red Sea Global, shares how storytelling, purposeful partnerships, and transformative experiences are shaping these next-generation destinations, positioning Saudi Arabia as a global benchmark for sustainable, human-centred luxury. The Red Sea and AMAALA are redefining the meaning of luxury in Saudi…
From importing luxury Italian furniture in the early ‘90s to redefining Dubai’s supercar scene and eventually entering high-end real estate, NABNI Developments has always moved with ambition and detail. Today, under co-founder and CEO Badr Alsuwaidi, the company is steering its third era, one shaped by design-driven projects, premium materials, and a refusal to follow the cookie-cutter path. With a portfolio that includes Dubai’s first smart building and, most recently, the first standalone Waldorf Astoria residential tower outside the US, Alsuwaidi reflects on the legacy that shaped NABNI and the vision driving its next chapter. How has your family’s entrepreneurial…
image: AD Ports Group AD Ports Group said on Thursday it has agreed to sell its 9.77 per cent stake in NMDC Group to Alpha Dhabi Holding for Dhs1.6bn ($436m). The port operator received the stake ahead of NMDC’s listing in February 2022 from Abu Dhabi Developmental Holding Company – ADQ. In less than four years, the investment delivered a total shareholder return of 17 per cent, based on dividends received and capital gains, using book value as of Q3 2025 as a reference. The divestment forms part of AD Ports Group’s plan to monetise non-core assets when market conditions…