A new urban development is set to reshape Dubai’s skyline.
UAE investment firm A.R.M. Holding has teamed up with the architecture studio BIG-the Bjarke Ingels Group to design a massive 5-square-kilometre masterplan surrounding the iconic Jebel Ali Racecourse.
Announced at a signing ceremony attended by A.R.M. Holding CEO Mohammad Saeed Al Shehhi and BIG founder Bjarke Ingels, the project is aligned with Dubai’s 2040 Urban Master Plan.
It will focus on sustainable growth, community connection and expanding green spaces.
The ambitious design reimagines the racecourse area as a network of urban islands surrounded by greenery, anchored by a central park that flows throughout the neighbourhood.
Bjarke Ingels described the development as a "new chapter for Dubai" where environmental and social sustainability are front and centre.
Construction is expected to begin in early 2026. A.R.M. Holding says the project reflects a blend of Emirati heritage and global innovation, building communities that foster empathy, identity and belonging.
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
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