Search Results for: "dubai"

Dubai's VARA introduces regulations for 2023_Dubai-Media-Office-twitter

Dubai’s Virtual Asset Regulatory Authority issues regulations for 2023

As the authority providing VA oversight across Dubai with the exception of DIFC, VARA facilitates VA-associated economic stability, investor protection, and jurisdictional resilience

In partnership with RTA and Dubai Holding, Udrive has launched its Hatta fleet and service

RTA, Udrive partner to launch Dubai-Hatta fleet

The Hatta fleet has been activated with increased mileage allowances within the Udrive platform to provide affordable mobility solutions to and from the destination

Heriot-Watt University Dubai

Heriot-Watt University Dubai receives initial institutional licensure by UAE MoE

The university’s graduates will now be able to pursue further degrees in CAA-accredited universities on completion of programme accreditation

LandVault

Metaverse developer LandVault expands to Dubai

Its technology will allow real estate developers to showcase their projects by providing a more immersive experience for potential buyers

Taxis in Dubai to become 100% eco-friendly by 2027

Taxis in Dubai to become 100% eco-friendly by 2027

A total of 11,371 taxis were operating in the emirate by end of 2022

DP world open new trade routes in 2022

Dubai’s DP World reports 1.4% rise in gross container volumes in 2022

Jebel Ali handled 14 million TEU (twenty-foot equivalent units) in 2022, up 1.7 per cent year-on-year

Jumeirah Group acquires Le Richemond in Geneva

Dubai’s Jumeirah Group acquires property in Geneva, expands presence in Europe

The art deco property features 109 keys with 87 rooms and 22 suites, offering panoramic views across Lac Léman and the mountain peaks of Mont Blanc

Dubai receives 14.36 million international visitors in 2022

Dubai receives 14.36 million international visitors in 2022

The emirate closed in on its pre-pandemic visitor figures of 16.73 million recorded in 2019

Property Finder data on Dubai-real-estate-courtesy-Dubai-Media-Office

Dubai real estate: Sales transactions record over 128.5% YoY rise in Jan, reveals Property Finder

Off-plan transactions witnessed a remarkable performance, with a 90 per cent YoY increase recording over 5,000 transactions

Dubai

Dubai Health Authority, Trends sign MoU to collaborate on research projects

The MoU will support the authority’s efforts to develop an innovative health system based on scientific research

Aldar-announces-JV with Dubai Holding

Aldar signs strategic JV with Dubai Holding, enters Dubai real estate market

The communities will feature over 9,000 residential units, with launches planned for this year

Dubai records 5.5% growth in energy demand in 2022

Dubai records 5.5% growth in energy demand in 2022

Energy demand last year reached 53,180 gigawatt-hours, compared to 50,401 gigawatt-hours in 2021

Expo City Dubai unveils new attractions for visitors

Expo City Dubai unveils new attractions for visitors

The Stories of Nations exhibitions are located in the opportunity, mobility and sustainability districts

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

Dubai Financial Market Company posts 41.7% rise in net profit in 2022

DFM welcomed 167,332 new investors, bringing its investor base to over one million

UAE's digital economy

UAE’s digital economy to reach $140bn in 2031: Dubai Chamber of Digital Economy

The chamber’s plans include attracting 300 digital startups and 100 tech experts to Dubai by 2024

DIFC-based fintech firms net $559m in funding during Jan-Sep 2022

Dubai’s DIFC unveils ‘Metaverse Platform’

The platform will address metaverse policy development and legislation on open data, digital identity and company law frameworks in the metaverse

Global Partners Property Fund I (CEIC),  a qualified investor fund based in the DIFC, raises $212m

DIFC-based build-to-rent property fund raises $212m from US, European and Dubai investors

Global Partners Property Fund I focuses on the Dubai build-to-rent housing market with two projects on the Dubai Water Canal

This road in Dubai will be closed due to rainwater accumulation

Motorists have been advised alternate routes to reach their destination

Dubai Investments acquires 9% stake in UK-based digital bank

Dubai Investments acquires 9% stake in UK-based digital bank

Monument Bank is focused on the overlooked ‘mass affluent’ segment in the UK

Dubai land department offers special report

Dubai Land Department issues 9,047 permits, 6,479 licences in 2022

Dubai’s real estate sector witnessed transactions worth a record Dhs528bn in the past year, a 76.5 per cent increase from 2021

DGCX 2022_performance_photo courtesy DGCX

Dubai’s DGCX sees 16% rise in volume of trades in 2022, total value touches $162bn

The exchange reported a 78 per cent increase in the volume of gold contracts traded on the exchange compared to previous year

Business Bay 620x3101-1

Dubai’s Business Bay sees highest number of real estate transactions in 2022

The top 10 list of locations that registered the highest number of transactions included Dubai Marina, Al Barsha South 4, Burj Khalifa, Al Merkadh, Al Hebiah 5, and Jebel Ali 1

Dubai Islamic Bank

2022: Dubai Islamic Bank reports highest ever net profit

The bank reported Dhs14bn in total income for 2022, registering a 20 per cent year-on-year rise

Hero Dubai Desert Classic 2023

The Hero Dubai Desert Classic is back, and it’s all about sport, stars and sustainability

The star-studded tournament will be held from January 26-29 at the Emirates Golf Club

Talabat

In pics: Talabat opens new regional HQ in Dubai 

With over 100,000 square feet in space, the headquarters houses almost 2,000 employees

Dubai Chambers WAM

Dubai Chamber of Commerce launches 4 new business groups

The chamber plans to increase the number of sector-specific business support groups to 100 by March 2023

Residents report tremors in certain areas of Dubai

The tremors were felt because of demolition work currently underway at the Dubai Pearl development

Beyonce

Beyonce launches $100,000-a-night Dubai resort’s next chapter

Atlantis The Royal opened on the weekend with Beyonce performing for an audience of VIPs for a reported $24m

Dubai wins bids to host 232 business events in 2022

Dubai wins bids to host 232 business events in 2022

The events are to be held over the coming years and will bring in an additional 135,000 visitors

Dubai Customs processes 25.7 million transactions in 2022

Dubai Customs processes 25.7 million transactions in 2022

Dubai Customs has been active in recycling counterfeit goods with more than 93 recycling operations that targetted 173,000 counterfeit items last year