Author: Sam Allcock
Cloudera, the only data and AI platform that brings cloud functionality anywhere, has confirmed its acquisition of Taikun, a leading technology provider known for its capabilities in managing Kubernetes-based infrastructure across hybrid and multi-cloud environments. This strategic move enables Cloudera to deliver its full stack – including AI and Data Services – with consistent performance and control, from public cloud through to on-premise and highly secure environments. With IT infrastructure evolving rapidly and becoming increasingly fragmented, businesses require dependable, flexible platforms that can handle complex deployments and support emerging AI workloads. Cloudera’s integration of Taikun’s Kubernetes-native technology offers enhanced scalability…
Roomy Finder, a new app tailored for Dubai’s rental market, has launched to provide a safer and smarter way for individuals to rent shared living spaces or find the right tenants. Designed for today’s mobile-first generation, the platform offers an integrated system for managing listings, screening users, and completing transactions—all within a single app. Features at a Glance Roomy Finder delivers a comprehensive toolkit, including: Meeting the Needs of a Competitive Market With rising demand for shared housing, Roomy Finder offers landlords and tenants a trusted platform that saves time and reduces risk. Instant notifications and messaging help users act…
Dubai Investments, listed on the Dubai Financial Market, recorded AED 546.28 million in profit before tax for the first half of 2025—a marked increase from AED 431.68 million reported in H1 2024. The Group also saw quarterly growth, reporting AED 361.39 million in pre-tax profit for Q2 2025, compared to AED 309.34 million for the same period last year. The improved results were largely attributed to strong performance across real estate and manufacturing operations. The real estate segment continued to perform steadily, supported by resilient rental income streams. As of 30 June 2025, Dubai Investments’ total assets had grown to…
Ellington Properties, long known for its visionary residential offerings, has unveiled Eaton Square—its first commercial development—set in the premium MBR City district. It extends Ellington’s commitment to human-centred living into a work environment designed to enhance employee wellbeing and productivity. Dubai’s status as a growing global business centre is reflected in initiatives like D33 and the exceptional business growth witnessed in 2024. Memberships with the Dubai Chamber rose by 4.6%, with key growth across construction, finance, real estate, and transport. Eaton Square is built with this momentum in mind—a dynamic environment where wellness, flexibility and technology are seamlessly integrated. Due…
Dubai Summer Surprises (DSS) 2025 is delivering unbeatable offers once again through the Great Dubai Summer Sale (GDSS), with Daily Surprises running through to 7 August. Every day, a fresh deal is revealed at a different venue—offering discounts of up to 90 per cent on much-loved brands in fashion, tech, beauty, jewellery and more. The event is brought to you by Dubai Festivals and Retail Establishment (DFRE), giving shoppers one of the best chances of the season to enjoy huge savings. The catch? Each Daily Surprise is kept under wraps until the day before and is revealed on the Dubai…
Shamal Holding, the Dubai-based diversified investment company, has partnered with LVMH’s luxury hotel brand Cheval Blanc to launch an exclusive resort on a private island in the Arabian Gulf, due to open in 2029. This will be Cheval Blanc’s inaugural venture in Dubai. The forthcoming Cheval Blanc Dubai maison will feature 30 luxury suites and 40 private villas with pools, all designed with the distinctive style for which the brand is known. A limited number of branded beachfront residences will be offered for private ownership. These homes will include full access to Cheval Blanc’s hospitality offering, providing a unique lifestyle…
In the first six months of 2025, Dubai delivered 24 completed property projects worth $1.2 billion (AED 4.5 billion), reinforcing the emirate’s active role in a thriving real estate market, according to data from the Dubai Land Department (DLD) via WAM. Strong construction pipeline Dubai’s real estate boom continues, with 726 projects still under construction, a testament to the city’s enduring appeal to developers and global investors. During this period, developers registered 90,337 newly built units, addressing rising demand for sustainable, ready-for-occupancy homes with integrated services and facilities. The DLD also reported 75,347 property sales worth $41.1 billion (AED 151…
Fertiglobe, a leading fertiliser firm headquartered in Abu Dhabi, posted a net profit of $20.2 million for the second quarter of 2025—up 41.3% from the $14.3 million reported in the same period last year, the company’s financial report revealed. Financial Summary The second-quarter results aligned with analysts’ average projection of $20 million, as per LSEG data. Quarterly revenue rose to $566 million, a 14% increase from $496 million in Q2 2024. Despite strong quarterly performance, first-half net income dropped 29% year-on-year to $92.8 million, down from $131 million—an outcome influenced by a one-time FX gain of $81 million recorded in…
Abu Dhabi’s non-oil trade rose sharply in the first half of 2025, growing 34.7% year-on-year to reach $53.2 billion (AED 195.4 billion), driven by booming export and re-export activity, according to data released on Sunday. The growth supports the emirate’s ongoing strategy to diversify beyond hydrocarbons. This compares to $39.48 billion (AED 145 billion) in non-oil trade recorded during the same period last year. Exports climbed 64% to $21.37 billion (AED 78.5 billion), significantly up from $13.04 billion (AED 47.9 billion) in H1 2024. Imports rose to $21.78 billion (AED 80 billion), up 15%, while re-exports increased 35% to $9.80…
Chery Group has formally launched its new brand, “iCAUR”, in Dubai, marking the company’s entrance into the Middle Eastern market with a high-profile global premiere of its new SUV lineup. The event also highlighted iCAUR’s ambitious expansion plans targeting the wider GCC region. V27 and 03T: Advanced Hybrid SUVs Reflecting J-Style Vision The newly introduced V27 and 03T feature advanced range-extender hybrid technology, designed to deliver superior performance and extended driving range. Their angular, box-inspired silhouettes define iCAUR’s unique “J-Style” design language—an identity developed to attract younger buyers across the Middle East who seek stylish vehicles with strong on-road presence…