At Cost Of AED1.5 Billion Emaar Properties has revealed plans for a monumental expansion of Dubai Mall. The expansion, valued at AED1.5 billion, will introduce 240 new luxury retail and dining options to the already bustling complex. The announcement comes as Dubai Mall had a footfall of 105
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As Lucid Motors Targets Regional Expansion Lucid Motors – the US-based maker of advanced EVs (electric vehicles) – has stepped up its retail presence in the Middle East region by launching Lucid Studio, its bespoke retail outlet at the luxury lifestyle-centric enclave of City Walk in Dubai City. Lucid Studio is a versatile control platform […]
Pioneering Pathways To Residency To attract top talent, investors, and entrepreneurs from around the globe, the United Arab Emirates (UAE) has rolled out its ambitious Golden Visa Scheme, offering long-term residency to individuals who contribute significantly to the country’s economic growth and development. This groundbreaking initiative, launched in 2019, has
UAE Is First-Time Venue The global aviation industry’s most influential figures are converging in Dubai, United Arab Emirates (UAE), for the 80th International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit scheduled from June 2-4, 2024. This is the first time the event is hosted in the UAE, with Emirates […]
Oman’s ‘Norway Of Arabia’ Tucked away in the northernmost tip of the Arabian Peninsula, amidst the dazzling deep blue waters of the Strait of Hormuz, lies Musandam, a pristine cape in the Sultanate of Oman that offers visitors various natural and cultural attractions. Aptly nicknamed the “Norway of Arabia” for its striking landscapes, this rugged […]
In Boost To Regional Fintech Sector Comera Financial Holding, headquartered in Abu Dhabi, United Arab Emirates (UAE), has achieved a significant milestone with its fintech subsidiary, Comera Pay. The latter has secured an In-Principle Approval from the Central Bank of the UAE to operate under the Stored Value Facilities (SVF) and Retail Payment Services and […]
Targeting Satellite And Space Industries Saudi Arabia’s Public Investment Fund (PIF) sovereign wealth fund has announced the establishment of Neo Space Group (NSG), a wholly-owned subsidiary poised to elevate Saudi Arabia’s presence in the satellite and space sector. NSG will serve as a national champion, driving the advancement of commercial satellite operations
With Certain Exemptions Made Commencing on June 1, 2024, all businesses in Dubai emirate will be prohibited from selling single-use bags that are 57 micrometres thick or less. This measure, though challenging, is a significant stride towards preserving the environment and reducing plastic waste while enhancing businesses’ reputations as environmentally responsible
Getting It Right Is A Game-Changer Choosing the right banking partner in the United Arab Emirates (UAE) is a fundamental decision that can significantly impact financial management and a business’s overall performance. Considered the commercial hub of the Middle East, where entrepreneurship thrives amid innovation and economic growth, the UAE has arguably one of the
Reaching A Blistering 30.5Gbps e& UAE has set a new world record for the fastest recorded speed on its live 5G network, reaching an astonishing 30.5Gbps. This historic achievement was revealed during a demonstration at the SAMENA Leaders’ Summit 2024 in Dubai on May 13, 2024. Leading regional and global telecom players attended the annual […]
Firm Is Investing In AI Tech TASC Outsourcing is a leading firm providing comprehensive HR solutions in the United Arab Emirates (UAE). Founded in 2007 and headquartered in Dubai, the company specialises in recruitment, staffing, and outsourcing services, catering to various industries, including IT, healthcare, finance, and more. With a focus on client satisfaction and
To Meet Rising Passenger Demand Saudia Group, represented by Saudia and Flyadeal, has ordered 105 Airbus A320neo aircraft. The order, confirmed at the Future Aviation Forum in Riyadh, signifies a significant stride in the Arabian Gulf state’s pursuit of aviation goals. The undisclosed amount order encompasses 12 A320neo and 93 A321neo aircraft, catapulting Saudia
Dealership Pact Signed At EVIS 2024 Al Ghurair Motors, a Dubai, UAE-based automotive dealer, has been appointed as the sole distributor in the UAE of TAM-Europe, a Maribor, Slovenia-headquartered commercial vehicle manufacturer of EVs (electric vehicles). This follows a Memorandum of Understanding (MoU) signed by the two entities at the Electric Vehicle Innovation Summit
Involving Digital Assets The Roads and Transport Authority (RTA) in Dubai has signed a Memorandum of Understanding (MoU) with SmartCrowd to boost investment opportunities in public infrastructure in Dubai emirate under the purview of the Authority. The new partnership is a significant step in Dubai’s journey towards embracing innovative digital solutions in real
50th Meeting Held In Muscat Thirteen member states of the UN Tourism Regional Commission for the Middle East are convening in Muscat, Oman (May 22-24, 2024), with a shared vision of steering the region’s tourism sector towards a future defined by innovation, investment, and inclusivity. The gathering marks the 50th meeting of the UN Tourism […]
Global Attendees Boost City’s Economy Dubai World Trade Centre (DWTC) contributed a significant AED18.28 billion ($4.6 billion) to Dubai’s GDP in 2023, resulting from 76 on-site exhibitions, conventions, and industry conferences, according to the company’s newly released 2023 Economic Impact Assessment Annual Report. Of this mammoth yield, AED10.53 billion