Dubai

NEWS DESK

Snowflake secures Dubai Electronic Security Centre certification, expanding provision of its Data Cloud in Dubai

News Desk 28/05/2024

Snowflake, the Data Cloud company, has achieved the Dubai Electronic Security Centre (DESC) certification, enabling the company to extend its services to all markets within the Emirate of Dubai, including government and semi-government organizations. The DESC certification is crucial for cloud

Sustainability UAE

Dubai Bans Single-Use Bags From June 1, 2024

Arnold Pinto 28/05/2024

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

Banking Finance GCC UAE

How To Choose The Best Business Bank In UAE

News Desk 26/05/2024

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

NEWS DESK

Nakheel awards contracts for the commencement of infrastructure works on Palm Jebel Ali

News Desk 26/05/2024

Nakheel, the Dubai-based world-leading master developer and member of Dubai Holding, has awarded contracts for the construction of infrastructure at Palm Jebel Ali. The contract for the construction of a public access road, providing access from Sheikh Zayed Road to Palm Jebel Ali, and a construction road serving the central portion of the Palm, has […]

NEWS DESK

Dubai Awards Three Winners from India and Austria at first of its kind ‘Global Prompt Engineering Championship’

News Desk 23/05/2024

Dubai has pledged to train a million people in AI prompt over the next three years after His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council of Dubai and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF) announced ‘One Million AI […]

NEWS DESK

Everdome Unveils Metaverse Theater, Revolutionizing Interactive Digital Shows in Virtual Reality

News Desk 23/05/2024

Today, the Dubai based metaverse company Everdome unveiled their new metaverse digital Theater, the latest expansion to their metaverse experience, which aims to usher in a new era of accessible digital creation for a new generation of digital pioneers. Following closely after the release of their easy to use Spaces Metaverse-as-a-Service creators tool, allowing all […]

Real Estate UAE

Dubai’s RTA In Pact To Propel Public Infrastructure Investment

News Desk 23/05/2024

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

NEWS DESK

Dubai Chambers showcases Dubai’s competitive advantages to 2,500 participants at Africa CEO Forum in Rwanda

News Desk 23/05/2024

Dubai Chambers has successfully participated in the recently concluded Africa CEO Forum in Kigali, Rwanda, which attracted more than 2,500 attendees including African presidents, government officials, and CEOs of major international and African companies. The delegation was led by His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, who took part

Business UAE

DWTC Contributed AED18 Billion To Dubai’s GDP In 2023

Arnold Pinto 23/05/2024

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

NEWS DESK

US$ 4.4bn of private capital globally is set to be invested in Dubai’s residential property market

News Desk 22/05/2024

High-net-worth-individuals (HNWI’s) around the world are prepared to spend US$4.4 billion on residential real estate in Dubai, according to global property consultancy, Knight Frank’s second annual 2024 Destination Dubai report. Knight Frank has surveyed 317 HNWI – 217 around the world and 100 GCC-based HNWI expats – to gain an understanding of their attitudes, appetite

Lifestyle UAE

Vehicle Number Plates Auction Nets AED65 Million In Dubai

News Desk 22/05/2024

Plate (AA16) Fetches AED7,320,000 Dubai’s Roads and Transport Authority raised AED65.588 million in its 115th Premium Vehicle Number Plates Open Auction, held at the Hilton Dubai Al Habtoor City on May 20, 2024. This represents a 28% increase compared to the previous auction’s proceeds, totalling AED51.216 million. Plate (AA16) topped the charts, fetching a

NEWS DESK

Asteco’s Q1 2024 Report Reveals Resilience in Dubai’s Real Estate Market

News Desk 21/05/2024

According to the Asteco Q1 2024 real estate report, Dubai’s real estate market remains resilient. Dubai’s strong economic performance and commitment to enhancing the quality of life and attracting skilled professionals will continue to attract a substantial number of expatriates. The report also highlights that the residential sales market in Abu Dhabi is showing

NEWS DESK

Hala announces first-ever car fragrance partnership with Apparel Group’s Rituals Cosmetics in Dubai

News Desk 20/05/2024

Hala, Dubai’s most convenient e-hailing taxi solution, has signed an agreement with Rituals Cosmetics (Rituals), a Dutch luxury well-being brand under the Apparel Group’s portfolio, as its first fragrance partner. This partnership will see the introduction of Rituals’ signature Amsterdam car perfume into Hala taxis within Dubai. Meticulously crafted with notes

Travel UAE

Emirates’ Check-In Facilities In Dubai Get Autism Centre Designation

Arnold Pinto 20/05/2024

For Neurodiverse Travellers‘ Benefit Emirates unveiled official Certified Autism Center Designation plaques for all four Dubai Check-In facilities and its dedicated hub in Terminal 3 at Dubai International Airport (DXB) on May 17, 2024. The ceremony marks a milestone for the carrier and Dubai emirate in fostering a welcoming environment for neurodiverse travellers.

Business GCC UAE

How To Invest In The US Stock Market From Dubai

News Desk 19/05/2024

S&P 500 And Nasdaq Are Global Benchmarks For investors based in Dubai, exploring opportunities beyond local markets – such as the US – can lead to diversified portfolios and potentially higher returns on investment. One such avenue worth considering is the US stock market. Renowned for its depth, liquidity, and historical resilience, the US stock […]

NEWS DESK

DGHR approves grievances and complaints system within Dubai’s military departments

News Desk 19/05/2024

The Dubai Government Human Resources Department (DGHR) approved the grievances and complaints system in the military departments of Dubai through the issuance of Resolution No. 1 of 2024. The resolution aims to accomplish several objectives – including governing procedures of the military department committees as outlined by the law, organising the grievances and

Transport UAE

Three Dubai Metro Stations Resume Service

News Desk 19/05/2024

Following Extensive Operational Testing The resumption of regular passenger service at Onpassive, Equiti, and Mashreq metro stations on the Red Line, effective May 19, 2024, is a significant development for the residents and visitors of Dubai. This comes after completing operational and safety tests by Dubai’s Roads and Transport Authority (RTA) at the three metro

Automotive Lifestyle UAE

Exclusive ‘Eccentrica Diablo’ Hypercar Debuts In Dubai

Arnold Pinto 18/05/2024

As Restomod Creation Of Emanuel Colombini One of only 19 Lamborghini Diablo legacy models worldwide – scheduled for customised restoration – has been unveiled at the Pupil of Fate Motors luxury car showroom in Dubai, United Arab Emirates. The unveiling on May 10, 2024, of the one-of-a-kind 1990 ‘Eccentrica Diablo’, meticulously crafted by the acclaimed […]

Blockchain & Cryptocurrency Business UAE

New York’s Chainalysis Opens Regional Headquarters In Dubai

News Desk 17/05/2024

Cementing Commitment To UAE’s Crypto Evolution Chainalysis, a global blockchain intelligence platform, has launched its regional headquarters in Dubai. The New York-headquartered company specialises in cryptocurrency investigation and compliance solutions for global law enforcement agencies, regulators, and private sector entities fighting illicit cryptocurrency

NEWS DESK

Dubai’s Samana Developers Appoints Dow Jones Affiliated Complyfin to Implement AML/CFT Compliance Across Operations

News Desk 17/05/2024

In a proactive move to bolster transparency and security within its operations, Samana Developers, a leading real estate company, has appointed Complyfin, a Dow Jones affiliated solution provider which assists businesses in managing their regulatory compliance obligations, including on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) compliance