Author: Arabian Media staff
Image: Supplied Sobha Realty, a global luxury real estate developer, has announced the launch of The Mirage at Sobha Central — the newest addition to its flagship mixed-use master development strategically located on Sheikh Zayed Road. The launch follows the strong sales performance of the earlier towers within Sobha Central, which spans 1 million sq. ft., highlighting robust investor confidence and sustained demand for premium residences in one of Dubai’s most desirable urban lifestyle destinations. Set within a vibrant mixed-use community, The Mirage at Sobha Central introduces 677 meticulously crafted apartments. The tower reflects Sobha Realty’s hallmark craftsmanship, precision, and…
Image: Getty Images Dubai’s economy sustained its strong growth trajectory in the first half of 2025, exceeding expectations and reinforcing its position as one of the world’s most competitive and dynamic urban economies. The emirate’s GDP expanded by 4.4 per cent to reach Dhs241bn in the first six months of the year, while in the second quarter alone, GDP rose 4.7 per cent to Dhs122bn. This performance was driven by robust expansion across multiple key sectors, underscoring Dubai’s diversified economic base and long-term resilience. His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime…
A view of Mada’in Salih, also knows by its ancient name Hegra, listed as a UNESCO World Heritage site in Medina province, Saudi Arabia. (Getty Images) Saudi Arabia is expanding its mid- and upper-mid-range tourism options and plans to increase access to hotel accommodation for religious pilgrimages after years of focusing on developing high-end luxury resorts, the kingdom’s tourism minister has said. “We started by building luxury destinations for luxury travellers, and we have already begun developing destinations for the middle class and upper-middle class,” Saudi Tourism Minister Ahmed Al-Khateeb told Reuters. “We will not ignore this segment,” he said…
A punchy, investor-minded panel at ADIPEC 2025, moderated by Manus Cranny, geoeconomics editor, The National, brought together Christopher James, CEO, Engine No. 1, Lord John Browne, co-founder and chairman, BeyondNetZero, and Amos Hochstein, managing partner, TWG Global. Their common ground: AI is pulling the energy system into a new growth cycle, but timelines, talent, permitting and supply chains will determine who actually captures that growth. Demand is exponential; delivery is linear Christopher James framed the core tension succinctly: “I do think that the demand situation tied to this infrastructure build up is turning a business that hasn’t been a growth…
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Stay informed with free updatesSimply sign up to the Chinese politics & policy myFT Digest — delivered directly to your inbox.I am a contrarian at heart. Questioning any narrative that is all one way, all the time comes naturally. Take the rise of artificial intelligence, the evils of tariffs and, most recently, the sense that nothing will hinder the global ascendancy of China. Many investors have bought whole hog into that last argument in recent weeks. Beijing appears to have won the trade wars and is poised to win both the chip wars and the AI wars as well, seemingly…
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