Tuesday, May 26

World

ADE Properties Launches Barari Gate Development in Majan, Dubai
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World

ADE Properties Launches Barari Gate Development in Majan, Dubai

ADE Properties has unveiled Barari Gate, a mixed-use residential development located in Majan, Dubai, adjacent to the Al Barari area. The project was officially introduced to the market during a launch event held at Atlantis The Royal, Dubai, where the developer presented the project’s design, concept and commercial details. The development marks ADE Properties’ latest entry into Dubai’s mid-to-upper residential market, targeting end-users and long-term investors seeking quality-driven projects in emerging well-connected locations. Barari Gate will comprise 274 residential units spread across a total built-up area of 442,580 square feet, with unit sizes ranging from 438 to 3,840 square feet. The project integrates ...
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Nigeria president ‘in great shape’ after falling at Turkey reception
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Nigeria president ‘in great shape’ after falling at Turkey reception

President Bola Tinubu (L) was pictured with his Turkish counterpart Recep Tayyip Erdogan (R) shortly after he fell  Nigeria's President Bola Tinubu is "in great shape" despite falling over at a reception ceremony in Turkey, one of his aides said. Tinubu, 73, was being welcomed by his Turkish counterpart at an official ceremony in the capital, Ankara, when he stumbled. After walking past a line of soldiers and dignitaries Tinubu can be seen on the official video on the Turkish president's X account moving to his right when he stumbles and falls. The film briefly shows people helping the president before cutting to an aerial shot and 45 seconds later Tinubu and Recep Tayyip Erdogan are seen next to each other. Tinubu appeared unhurt and aide Sunday Dare said he was...
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Ohana Development and Manchester City F.C. Sign Agreement to Launch Multi-Billion-Dirham Project in Abu Dhabi
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Ohana Development and Manchester City F.C. Sign Agreement to Launch Multi-Billion-Dirham Project in Abu Dhabi

• The 1.67 million square metre development is the world’s first Manchester City branded residential destination Ohana Development, a leading UAE real estate developer renowned for its luxury properties, has signed an agreement with Manchester City F.C. to launch ‘Manchester City Yas Residences by Ohana’, a first-of-its-kind branded residential community, set along Abu Dhabi’s Yas Canal waterfront. The partnership reflects a shared commitment to excellence, innovation and long-term value creation, reinforcing Abu Dhabi’s position as a global destination for world-class developments.  Spanning 1.67 million square metres, ‘Manchester City Yas Residences by Ohana’ draws on the c...
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Zayed Sustainability Prize Opens Global Call forSubmissions for 2027 Cycle
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Zayed Sustainability Prize Opens Global Call forSubmissions for 2027 Cycle

• With an increased prize fund of US $7.2 million, the Zayed Sustainability Prize supports enterprises, nonprofit organisations and schools delivering transformative solutions. • Entries are now open, with applicants invited to submit innovative, scalable sustainability solutions. • Now in its 18th year, the Prize has positively impacted over 400million people by expanding access to clean energy, water, food, healthcare and improving climate resilience. The Zayed Sustainability Prize, an affiliate of Erth Zayed Philanthropies and the UAE’s pioneering global award for sustainability and humanitarian innovation, has opened submissions for its 2027 cycle.  The Prize carries for...
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HUMAIN and Infra Announce AI and Digital Financing Framework Agreement
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HUMAIN and Infra Announce AI and Digital Financing Framework Agreement

HUMAIN and the National Infrastructure Fund (“Infra”) announced on the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland, a Strategic Financing Framework Agreement of up to $1.2 billion to support the expansion of AI and digital infrastructure projects in the Kingdom of Saudi Arabia. The Framework Agreement outlines non-binding financing terms for HUMAIN’s development of up to 250 MW of hyperscale AI data center capacity. These data centers will deploy leading edge GPUs for AI training and inference and support HUMAIN’s local, regional and global customers. In addition, Infra and HUMAIN have agreed to explore the establishment of an AI data center investment platform. This would be anchored by the two organizations and structured to facilitate part...
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Business 4 Land Champions’ Council Launched at Davos to Spur Private Sector Action on Land and Drought
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Business 4 Land Champions’ Council Launched at Davos to Spur Private Sector Action on Land and Drought

• The UNCCD COP16 Presidency, led by Saudi Arabia, andthe United Nations Convention to Combat Desertification(UNCCD) Secretariat launched the Business 4 Land (B4L) Champions’ Council at the World Economic Forum in Davos to mobilize global CEOs and industry leaders in support of large-scale land restoration. • The B4L Champions Council members include ten companies: Nexira, Suzano, Gut & Bösel, Patagonia Provisions/ B.Cameron Consulting, Olam Group, ReservasVotorantim, Genesis Soil Health, EY, Envision Energy, and LVMH • The move marks the beginning of a more structured and strategic engagement with the private sector ahead of COP17. The United Nations Convention to Combat D...
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WEF26: Saudi Arabia becoming ‘a connector economy’ as world trade evolves
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WEF26: Saudi Arabia becoming ‘a connector economy’ as world trade evolves

His Excellency Majid A. Alkassabi, Saudi Arabia’s Minister of Commerce, today at the World Economic Forum Annual Meeting in Davos said the Kingdom stands to benefit from ongoing shifts in global supply chains. Speaking in a session titled ‘Many Shapes of Trade’, HE commented: “Trade today is definitely shifting from fair trade to a managed and rule-driven trade model. For us in Saudi Arabia, we have a strategic location, we have a lot of resources, we could become a bridge economy. We could become a connector economy where we can connect with Africa, with Europe, with Asia, becoming a logistic hub.” His Excellency Ahmed A. Alkhateeb, Minister of Tourism, in a session called ‘The New Geography of Travel: Elevating Destinations, Ex...
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World Governments Summit 2026 to Include Largest International Participation Yet
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World Governments Summit 2026 to Include Largest International Participation Yet

WGS 2026 Hosts High Level Investment Forum Latin America & Caribbean, and World Laureates Summit's Global First The 2026 edition of the World Governments Summit (WGS) will host the largest ever international participation since its inception and convene several landmark forums, underlining its rising global stature and significance.  The roster of world-leading corporations and knowledge institutions at the global forum includes the International Monetary Fund (IMF), International Finance Corporation (IFC), a member of The World Bank, as well as more than 35 heads of state, government delegations, and 150+ governments.  WGS 2026 also hosts multiple world-class forums, notably&nb...
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SIRBAI Launches Middle East’s First AI-Powered Autonomous Drone Swarm Technology at UMEX 2026
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SIRBAI Launches Middle East’s First AI-Powered Autonomous Drone Swarm Technology at UMEX 2026

New platform enables coordinated, autonomous drone operations designed for modern defense environments SIRBAI today announced the official launch of the Middle East’s first AI-powered autonomous drone swarm technology at UMEX 2026 - a global exhibition platform for unmanned systems and autonomous capabilities - marking the company’s entry into the defense technology sector. Designed for unmanned aerial systems (UAS), the platform enables multiple drones to operate collaboratively with a high degree of autonomy, even in complex and contested environments. As the first company in the region to offer this advanced capability, SIRBAI is set to redefine the modern battlefield with innovative and scalable autonomous technology, establishing new standards for resilient and operator-friendly mi...
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WEF26: ‘Human capital is the key driver of economic competitiveness’
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WEF26: ‘Human capital is the key driver of economic competitiveness’

For economies to remain competitive in the future, they must prioritize investments in human capital, Her Royal Highness Princess Reema Bandar Al-Saud, Ambassador of the Kingdom of Saudi Arabia to the United States of America, told the World Economic Forum (WEF) Annual Meeting 2026. Speaking on a Saudi House panel, HRH commented: “Human capital today is the key driver if you want a competitive modern economy.” She added: “If you empower people and you give them the space to lead, they will take that drive and they will deliver. And when you place the right people in the right place at the right time, absolute magic happens. The Kingdom is the place, we have the people, and the time is now.” His Excellency Ahmed A. Alkhateeb, Minist...
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