Hello reader,

In today’s newsletter:

Discover the latest stories from Arabian Business, in case you missed them on Wednesday:

Emirates has signed a Memorandum of Understanding with Crypto.com to integrate cryptocurrency payments into its systems. Customers will be able to use Crypto.com Pay for flights and services from next year. The move supports Dubai’s goal of becoming a global hub for digital finance.

In other major developments, Dubai’s Roads and Transport Authority has completed an upgrade of the Al Wasl Street–Al Manara Street intersection. The works included a new lane connecting Al Manara Street to Sheikh Zayed Road and a dedicated U-turn lane to ease congestion and improve traffic flow.

On the real estate front, Dubai Sotheby’s International Realty has closed the sale of a seven-bedroom mansion in Hills View, Dubai Hills Estate, for AED 150 million. The property includes en-suite bedrooms, rooftop lounge, and outdoor leisure areas. The agency represented both buyer and seller.

Meanwhile, Saudi Arabia’s Cabinet has approved a new property ownership law for non-Saudis, set to take effect in January 2026. The law includes provisions for property ownership in Makkah and Madinah, with certain conditions. The aim is to attract more foreign direct investment.

Aside from this, Red Bull has announced the dismissal of Christian Horner from his role as Formula 1 team principal. Horner led the team since 2005, securing eight drivers’ championships and six constructors’ titles. The decision was confirmed in a company statement on Wednesday.

THE LONGER READ:

The industry’s ‘travel agency moment’ might have arrived, experts suggest

Was this newsletter forwarded to you? Subscribe now.

Email Information

You have received this email message from ITP Media Group, the leading media company in the Middle East. Your email address - newsletter@newslettercollector.com - has been recorded because you have subscribed to our newsletter through one of our market-leading websites, to one of our market leading print publications and newsletters or are registered with one of our websites. For more information, visit www.itp.com.

Remove your email address from this mailing list ONLY (Please note, this will not affect any other newsletter subscriptions)

Removal requests may take up to 48 hours to process; you may receive additional mailings during that time. A confirmation email will be sent when your request has been successfully processed.

Is this email in your junk/bulk folder?
To ensure that you receive all future newsletters and emails from us, add newsletters@arabianbusiness.com to your address book.

ITP Media Group, PO Box 500024, UAE