Author: Arabian Media staff
Image credit: Supplied Elie Milky’s 15-year journey with Radisson Hotel Group has been defined by learning from both successes and setbacks, expanding into new markets, and building high-performing teams. From navigating the complexities of entering new regions to deepening the group’s footprint in key locations, Milky has honed a leadership style that is focused, collaborative, and delivery-driven. The pandemic further tested his skills, sharpening his approach to underwriting, decision-making, and owner partnerships, lessons that continue to shape how he leads today. Now appointed chief development officer for Northeast Africa, the Middle East, Cyprus, and Greece, Milky’s remit spans end-to-end development…
Tetr College, the first-of-its-kind global business school, has raised $18m in a funding round co-led by Owl Ventures and Bertelsmann India Investments (BII). The new capital will support the development of three international campuses in the United States, Europe and Dubai, while strengthening the school’s ten-country operating network across North America, Europe, the Middle East, Asia and Africa. Tetr will also expand its academic portfolio with new programmes in management and entrepreneurship, including the recently launched Masters in Management and Technology (MiM-Tech). With support from Owl Ventures and Bertelsmann, the institution plans to leverage a global ecosystem of education innovators…
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The world’s largest autonomous car race is set to take place in Abu Dhabi on 15 November, where 11 international teams will compete at the intersection of robotics, autonomy and AI for a $2.25m prize pool. Season 2 of the Abu Dhabi Autonomous Racing League (A2RL), 18 months in the making, will see the six fastest teams from a demanding qualification process advance to the Grand Final. Tickets for the Yas Marina Circuit event have once again reached full capacity in the main grandstand, reflecting strong public and industry interest in a race that showcases autonomous performance at the highest…
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Image: Supplied Dubai’s co-working scene is crowded, but AXD Space stands out as something different—part workspace, part incubator, and part launchpad for founders who want more than a desk and Wi-Fi. The venture brings together mentorship, licensing-ready offices, and a curated network designed to help startups scale faster and smarter. Here, Ayman Al Awadhi, co-founder of AXD Space and executive director of Global Chamber UAE, shares how his venture is rethinking the role of workspaces in Dubai’s innovation economy and why the future belongs to ecosystems, not just offices. Dubai already has plenty of co-working spaces. Where does AXD Space…
Qatar recorded a budget deficit of 1.4 billion riyals ($373.29m) in the third quarter of 2025, which was financed through debt instruments, the finance ministry said on Thursday. Total revenue fell 4 percent year-on-year in the quarter from the prior year period, to 49.2 billion riyals, while spending was at 50.6 billion riyals, 1.2 per cent lower than last year, according to government data. Oil prices averaged around $68 per barrel during the quarter. Qatar, among the world’s top exporters of liquefied natural gas, raised $4bn from debt markets earlier this month, which attracted hefty demand from global investors. It also recorded a deficit…
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Tell us about Gllit’s business model. Gllit is a proptech company that is pioneering a direct-to-owner model in the UAE that provides enhanced benefits by allowing homebuyers and tenants to connect directly with sellers and landlords. Gllit’s agent-free model essentially makes real estate transactions more cost effective, efficient, and transparent for everyone by eliminating third-party commissions. We call this the ‘new-gen way’ of buying, selling, and renting property — smarter, simpler, and more transparent for everyone involved. The ‘new-gen way’ approach is driven by a clear shift in market dynamics where a younger, digitally savvy generation is steadily expanding their…