Middle East News

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New York Architects KPF Chosen to Design $1.1 Billion Dubai Project, The Cliffs

Wed 30 Oct 2024 AGI Palace Group, a joint venture between Abu Ghazaleh Investments (AGI), a family-owned Dubai investment firm, and ultra-prime developer Palace Group, has selected New York-based architectural firm Kohn Pedersen Fox (KPF) to lead the design of their first joint project, The Cliffs, along the Dubai Water Canal.   Renowned for excellence […]

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Colm McLoughlin, Visionary Behind Dubai Duty Free, Passes Away at 81

Thu 31 Oct 2024 Under Colm McLoughlin’s visionary leadership, Dubai Duty Free transformed from a $20 million business in 1984 to a $2.16 billion enterprise by 2023. McLoughlin, the former Executive Vice Chairman & CEO of Dubai Duty Free, passed away on October 30 at the age of 81, as reported by local media.  

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The Year That Redefined the Middle East

Oct 3rd 2024 Since the shocking attack by Hamas on October 7, 2023, violence in the Middle East has surged, pushing the region perilously close to a full-scale war between Israel and Iran. Israel’s strategic elimination of Hizbullah’s leadership, backed by Iran, led to a fierce response from Iran, escalating tensions further. Iran launched a

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Hizbollah Muted: Lebanon’s Dominant Force Grapples with Leadership Void

30th September, 2024 For two decades, Lebanese from all political walks of life found familiarity in the routine presence of Hezbollah leader Hassan Nasrallah. Whenever significant national events unfolded, Nasrallah would guide the public discourse, pushing Lebanon in the direction he deemed fit. This past weekend, however, marked a stark deviation as Lebanese awoke to

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Middle East Braces for Iran’s Next Move After Nasrallah Killing

September 30, 2024 When an Iranian consulate building was destroyed in Syria in April, Supreme Leader Ayatollah Ali Khamenei vowed to punish Israel. This set off a large-scale, yet predictable assault, avoiding full-scale war.   Three months later, the military chief of the Iran-backed Hezbollah and the political leader of Hamas were killed within hours

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Sharjah Reports 9% Decline in Traffic Accidents for First Half of 2024

Sun 29 Sep 2024 The Sharjah Police General Command has reported a notable decline in both traffic accidents and resultant fatalities for the first half of 2024.  According to the Traffic and Patrols Department, there has been a 15% reduction in fatalities per 100,000 residents and a 9% decrease in traffic accidents per 10,000 vehicles,

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Ras Al Khaimah Real Estate: Dubai Developer Unveils Luxury Project Adjacent to Wynn Al Marjan Island UAE Casino

Sun 29 Sep 2024 Ellington Properties, a prominent Dubai real estate developer, has unveiled plans for Playa Del Sol, its latest luxury residential project on Al Marjan Island in Ras Al Khaimah. This announcement follows the successful launch of Cala Del Mar, marking the company’s fourth development in the region. Playa Del Sol is projected

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UAE Advances in Global Efforts to Combat Financial Crime

Sun 29 Sep 2024 The UAE is ramping up its fight against money laundering and terrorism financing by aligning its counter-financial crime strategies with global best practices.  The country has implemented a series of legal reforms and regulations to strengthen its infrastructure, creating a robust system dedicated to eradicating illegal financial activities. This proactive system

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Dubai’s Golden Visas Bolster City’s Resilience Amidst Global Office Downturn

February 18, 2024 at 9:00 AM GMT During the peak of the global pandemic, as Dubai grappled with expatriate departures and rising competition from nearby business centers, the government made pivotal decisions. These choices are currently shielding the city from the commercial real estate downturn sweeping across the world.   The United Arab Emirates, including

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Ensuring Business Stability: A Comprehensive Guide to Divorce-Proofing Your Business

Thu 15 Feb 2024 Navigating Divorce with Your Business: Strategic Steps to Protect Your Assets   Divorce is a complex and emotionally charged process, especially when it involves a business. However, business owners have the opportunity to take proactive measures to safeguard their companies from potential upheaval in case of marital dissolution.   According to

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