Author: dailyguardian.ae

Sobha Realty, which posted a 51 per cent record-breaking jump in 2023 sales over the previous year across its portfolio of residential and commercial developments in Dubai, said it expects to hit Dh20 billion in 2024. The real estate developer said its sales value surged to Dh15.5 billion in 2023. The developer handed over 1819 units in 2023 across two of its completed projects before their due date. Given this sales growth, the company has attained a market share of 10 per cent in Dubai during the year, Sobha said in a statement. Ravi Menon, co-chairman of Sobha Realty, said…

PGA Tour has a double header with the Arnold Palmer Invitational and the Puerto Rico Open By Nick Tarratt, Khaleej Times Guest Golf Writer LIV Golf – Hong Kong takes place this week after Joaquin Niemann’s impressive individual win and the Crushers GC Team final day charge win in Jeddah, Saudi Arabia. Adrian Meronk and Anirban Lahiri will both play in the event that has $20 million for the Individual Event and $5 million allocated to the Team Event. Meronk can consider himself unlucky to have a one stroke Slow Play penalty added to his score for bad times. Slow…

Cisco is Bolstering Investments in Saudi Arabia and Extends Country Digitization Program to Support Digital Transformation News Summary: Following the Regional Headquarter license granted by the Ministry of Investment, Cisco announces a new regional head office in Riyadh supporting the company’s operations in the Middle East and North Africa (MENA) region. Renewed commitment of Cisco’s Country Digital Acceleration program in its third phase will focus on digital economy, industry 4.0 and sustainability in line with Saudi Vision 2030 and the national digital transformation agenda.   To date, Cisco has trained more than 335,000 learners in Saudi Arabia via the Cisco…

Skullcandy’s new EcoBuds wireless earbuds take a novel approach to sustainability. Instead of using a rechargeable battery inside a charging case, the $40 EcoBuds come with a charging base with a short, built-in USB-C connector that’s designed to draw power from the USB-C port on most smartphones, including the iPhone 15. The new earbuds are available starting March 5 at various retailers and skullcandy.com. Skullcandy says that by eliminating the charging case battery and by building the buds from 65% certified recycled plastics, the EcoBuds achieve a 50% lower carbon footprint than comparable wireless earbuds. In its quest for material…

The UAE embassy in Oman warned its citizens in the Gulf country to take caution as torrential rains hit the region. Taking to X, the authority called upon its citizens residing in Oman to follow the safety instructions issued by Oman authorities in all areas of the governate. In case of any emergency situations, residents are advised to call on the number 0097180024 or 0097180044444 and register for the Tawajodi service. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Oman’s met reported clouds flowing over most governorates, with rainy cumulus clouds over parts of areas…

Gulf retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people as the business takes a hit from consumer boycotts linked to the Gaza war, according to people familiar with the matter. The cuts, which began on Sunday, amount to about 4 per cent of AlShaya’s total workforce of almost 50,000 people and are mostly concentrated in its Starbucks franchise in the Middle East and North Africa, said the people, who declined to be named as the matter is not public. The boycotts have led to tough trading…

Business activity across UAE’s non-oil sector rose at the fastest pace in nearly five years in February after a slowdown in January, helped by a rise in output and business confidence, a survey showed on Tuesday The output growth was strongest since June 2019 amid robust demand momentum despite supply constraints caused by the Red Sea shipping disruption, the S&P Global UAE Purchasing Managers’ survey report said. The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) rose to 57.1 in February from 56.6 in January, while the output sub-index surged to 64.6 from 62.0 in January, the highest figure…

When Asia’s richest family hosts wedding celebrations, the world begins talking. From the most extravagant events to hosting the who’s who from across the globe – Anant Ambani and Radhika Merchant’s pre-wedding celebrations have been making headlines non-stop, with some publications even running live blogs of the festivities. The three-day pre-wedding celebration saw performances from some of the biggest global artists; however, there were several other moments that made the event one of the world’s most sought-after affairs. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Here are five memorable moments from what has become…

Quinten Morel and Dania Mchaourab topped their respective divisions to win the UAE Final of the Race to Georgia at Montgomerie Golf Club and seal a trip of a lifetime to The Masters. Morel and Mchaourab, both members of the Montgomerie Golf Club, Dubai, scored 36 points each to take the top prizes. Morel (5) had nines of 17 and 19 Stableford points to win Division A (12.0 and under handicap) by a two-shot margin. Mchaourab (15) shot a consistent round, the equivalent of a gross 87 to take the Division B title (12.1 and over handicap) by three points.…

LEAP 2024 Investments Reach Record US$11.9 Billion for New Technologies, Cloud Computing and Data Centres Riyadh, Kingdom of Saudi Arabia – Monday, March 4: LEAP 2024, the world’s most attended global technology conference, today unveiled a massive US$11.9 billion in new investments to support deep and emerging technologies, innovation, and cloud computing in Saudi Arabia and worldwide. The investments further consolidate the Kingdom’s position as the largest market and digital economy in the Middle East and North Africa (MENA) for leading technology companies, such as Amazon Web Services (AWS), IBM, DataVolt and ServiceNow. The investments will also go to developing…