Market

NEWS DESK

Focus on solving real problems to make 2025 your big year, Middle East Tech Startups told

News Desk 1 21/03/2025 0

Tech startups hoping that 2025 can be their breakthrough year in an increasingly competitive Middle East market have been told to focus on solving real problems, and avoid elementary mistakes that can ruin their chance of success. According to a MAGNiTT report, startups in the region raised

NEWS DESK

Dubai property market enjoys bumper month as February sales hit AED51.1 billion

News Desk 1 04/03/2025 0

Dubai’s real estate market has continued its strong start to 2025, with property sales in February totalling AED 51.1 billion, a 39.91% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month’s total of 16,099 transactions also represented a 35.5% increase in volume over […]

NEWS DESK

Canon celebrates 22nd consecutive year of No.1 share of global interchangeable-lens digital camera market

News Desk 1 26/02/2025 0

Canon Inc. announced today that the company’s interchangeable-lens digital cameras (digital SLR and mirrorless cameras) have maintained the No. 1 share1 of the global market for 22 consecutive years from 2003 to 2024. Canon’s EOS series of interchangeable lens digital cameras is an imaging system based on the basic concept of “Speed, Comfort, and High […]

NEWS DESK

Large Jet Sales Signal Revived Market Confidence

News Desk 1 26/02/2025 0

For the first time, Large jets now account for 20% of industry sales according to Ever Forward: The Pre-Owned Business Aviation Report by Jetcraft. The 2025 edition finds increased volume in the Large jet segment is driving a five-year forecast of 11,202 pre-owned aircraft sales, totaling US$73.9 billion in revenue. Chad Anderson, Chief Executive Officer,

NEWS DESK

SES Market Update in Context of Moody’s Ratings

News Desk 1 19/02/2025 0

SES S.A. has taken note of Moody’s Ratings Press Release today with regards to SES and is providing a market update ahead of its Full Year 2024 financial results announcement on 26 February 2025. SES expects Full Year 2024 Results(1) to be better-than-expected with Revenue at the top end of the financial outlook range (€1,940-2,000 million)(2) and

NEWS DESK

Dubai’s ultra-luxury real estate market set for more growth in 2025

News Desk 1 17/02/2025 0

Dubai’s ultra-luxury real estate sector is set to continue its robust growth trajectory in 2025, fuelled by strong demand, limited supply, and a steady influx of high-net-worth individuals (HNWIs), a new market study says. Over the last ten years, sales of luxury Dubai villas and apartments valued above AED15 million have risen dramatically, reaching AED […]

NEWS DESK

Ras Al Khaimah’s Real Estate Market Surges by Nearly 118% in 2024

News Desk 1 13/02/2025 0

According to the latest statistics from Ras Al Khaimah Municipality, the emirate’s real estate market has witnessed a record-breaking surge, with total transactions soaring to AED 15.08 billion in 2024—a remarkable 118% increase from AED 6.94 billion in 2023. This unprecedented growth underscores Ras Al Khaimah’s rising appeal among investors and homebuyers, further

NEWS DESK

Dubai’s Real Estate Market Poised for Another Record-Breaking Year in 2025

News Desk 1 30/01/2025 0

Dubai’s real estate market is set to maintain its upward trajectory in 2025, driven by sustained investor confidence, an expanding luxury segment, and unprecedented commercial demand, according to Engel & Völkers Middle East’s latest report. With strong economic fundamentals, population growth, and strategic government initiatives, Dubai continues to reinforce its

NEWS DESK

LambdaTest Becomes the First in the Market to Launch Samsung Galaxy S25 Series

News Desk 1 28/01/2025 0

LambdaTest, a leading cloud-based unified testing platform, announced that the highly anticipated Samsung Galaxy S25 series, including the S25, S25+, and S25 Ultra, are now live on LambdaTest’s real devices platform, a full week ahead of the official retail launch date of February 7. This makes LambdaTest the first in the market to offer developers […]

NEWS DESK

SES Announces Completion of €100m Open Market Repurchase of its NC625 Securities

News Desk 1 24/01/2025 0

SES S.A. announces it has repurchased in the open market an aggregate amount of €99,978,000 principal amount of its €625,000,000 Deeply Subordinated Fixed Rate Resettable Securities issued on 27 May 2021. In accordance with the terms and conditions of the Securities, the purchased Securities will be cancelled. Following these transactions, the outstanding principal amount

NEWS DESK

Yellow Door Energy Strengthens Market Leadership with 27 Solar Projects

News Desk 1 22/01/2025 0

Yellow Door Energy, the leading sustainable energy partner for businesses in the Middle East and Africa, today announced its 2024 results, highlighting significant project milestones and sustainability progress. In 2024, the company added 32.7 megawatts-peak (MWp) to its rapidly growing portfolio. This includes its acquisition of five operating projects in Oman. Jeremy

NEWS DESK

Trump’s muscular Inaugural Address will make waves for years to come– Saxo Bank MENA

News Desk 1 21/01/2025 0

Trump delivered a muscular Inaugural Address today that marks out a confrontational policy both domestically and internationally, but with few immediate measures the market can grab onto for a sustained reaction until further details are known. Executive summary: Trump delivered a muscular Inaugural Address today that marks out a confrontational policy both domestically

Markets

OTT business messaging revenue to hit $3.7bn in 2025

Arnold Pinto 28/12/2024 0

Infobip, Gupshup, Twilio dominate A new study has revealed that global Over-the-Top (OTT) business messaging revenue is set to surge, growing from $2.4 billion in 2024 to $3.7 billion in 2025. Despite this promising expansion, the market is expected to face significant disruption from emerging technologies that will enhance user experiences. Notably, click-to-chat ads are

NEWS DESK

Investment strategy guides UHNWI’s to unlock full potential of ultra-luxury market

News Desk 1 19/12/2024 0

The record AED120 million sale of a luxury villa in Dubai’s Emerald Hills community highlights an investment strategy delivering exceptional returns for ultra-high-net-worth individuals (UHNWIs). The sale brought a AED40 million profit for an investor who retained fäm Properties to find the ideal plot, design and manage construction of the stunning 25,000 sq. ft villa,

NEWS DESK

India looks at raising MEA leather Market Share in US$13.70 billion Push by 2030

News Desk 1 10/12/2024 0

The Middle East and Africa (MEA) markets hold huge unexplored potential for India’s leather products and footwear industry as the Country is working towards a target of US$13.70 billion turnover in exports by 2030 as part of a strategic growth initiative, said a senior official today. Speaking at a press conference at the opening day […]

NEWS DESK

Discovery Dunes Sets Sights on Shaping the UAE’s Ultra-Luxury Market

News Desk 1 27/11/2024 0

The overall sales for ultra luxury houses in the UAE has experienced steady growth in recent years with the country being globally recognized as one of the prime markets for ultra-high-net-worth individuals (UHNWIs) looking to invest. The combination of strong business opportunities along with a lavish lifestyle has ensured that developers are always committed to […]

NEWS DESK

UAE data centre market to be worth AED 9.7 billion by 2029

News Desk 1 19/11/2024 0

Dubai-based sustainable and technology-driven maintenance and cleaning specialist Hitches & Glitches (H&G), part of the Farnek Group, has noticed a significant uptick in demand for specialised cleaning, for the UAE’s growing data centre market. According to premier global market research and consulting organisation, Blackridge, the data centre market in the UAE is

NEWS DESK

The recent surge could lead Bitcoin’s $90K-$100K Ceiling: A Market Maker’s Challenge

News Desk 1 12/11/2024 0

Bitcoin’s relentless ascent has recently captured the world’s attention, with many analysts predicting further price increases. However, a significant hurdle may lie ahead: the $90,000 to $100,000 price range. Market makers, the financial institutions that facilitate trading by providing liquidity, could play a crucial role in capping Bitcoin’s upward momentum within this

NEWS DESK

Rorix Holdings and Adani Ports Sign Memorandum of Understanding to Revolutionize the Commodities Market Ecosystem

News Desk 1 20/09/2024

Rorix Holdings (“Rorix”), the Abu Dhabi-based global trade facilitation and finance company, announces the signing of a Memorandum of Understanding (MOU) during the UAE-India Business Forum with Adani Ports and Special Economic Zone Limited (“Adani Ports”), India’s largest private multi-port operator. This strategic partnership aims to leverage the strengths of

Oil & Gas

Oil and gas separator market may surge to $11.7 billion by 2032

Arnold Pinto 10/09/2024 0

Gravity separators dominate market The global oil and gas separator market is set to experience significant growth, with projections estimating an increase from $8 billion in 2022 to $11.7 billion by 2032. According to a new report by Allied Market Research, this surge represents a compound annual growth rate (CAGR) of 4.1% over the forecast […]