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GB Panel Event: Tech trends impacting business and real estate

Gulf Business will host a technology-themed panel discussion on June 12 to discuss the latest trends impacting the worlds of finance, banking, real estate, construction and more

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

Tecom invests Dhs1.7bn in strategic projects, move aligns with future plans

As part of the plan, Tecom will invest Dhs966m to acquire commercial and industrial assets from Dubai Holding Asset Management

Einride DP World to launch largest deployment of electric, autonomous mobility on region Image DP World/ Dubai Media Office

DP World, Einride launch region’s biggest autonomous freight deployment

Once at full operational capacity, the initiative will save up to 14,600 tonnes of carbon dioxide equivalent annually and 158 tonnes of nitrogen oxides annually

Dubai tops global ranking for greenfield FDI projects for third time running photo courtesy Dubai Media Office

Dubai tops global list for attracting greenfield FDI projects

In 2023, Dubai welcomed 1,070 global greenfield FDI projects, surpassing second-placed Singapore by 142 per cent and third-placed London by 148 per cent

Mina Al Hamriya expansion project completed by DP World Image DP World

DP World concludes major expansion of Mina Hamriya project

The enhancements will enable the handling of a wider variety of vessels from traditional dhows to Ro-Ro, bulk and container carriers

Sheikh-Hamdan-Dubai-Quality of Life-Strategy-Dubai-Media-Office

Dubai Quality of Life Strategy 2033: Sheikh Hamdan announces massive infrastructure upgrade

The strategy includes a host of initiatives designed to enhance wellbeing across various facets of Dubai’s urban environment

Emaar development-Q1 property sales rise 50 per cent image-Emaar-e1713532878998

Emaar Development reports 50% rise in Q1 property sales

Emaar Development’s sales backlog has increased to Dhs65.7bn, which will be recognised as revenue in the coming years

Shitij Kapoor. Image credit: Supplied - LCRE - Kempisnky The Boulevard penthouse

Downtown Dubai milestone: Kempinski The Boulevard penthouse sells for record Dhs80m

The penthouse, which boasts unparalleled views and lavish amenities, commanded an impressive price of Dhs10,715 per square foot

DFSA says company licencing rose by 35% in 2023

Dubai regulator DFSA posts 25% increase in licencing in 2023

The financial regulator registered a 50 per cent year-on-year increase in licence applications across all business models

parkin

Parkin delivers maiden Q1 2024 results: Profits rise by 5%

Parkin reported that total revenue grew by 8 per cent, with public parking revenues up 11 per cent

DEWA’s Q1 profit falls despite surge in demand

DEWA posts first-quarter loss, despite surge in demand

The company’s profit for the January-March period dropped to Dhs651m, compared to Dhs763m during the same period a year earlier

Dubai traffic flexible or remote work

Dubai plans flexible work hours, school bus incentives to ease traffic congestion

Flexible working hours and remote working options are also being considered as part of the strategy to reduce traffic congestion during peak hours

Spinneys’ shares surge above 11% on trading debut

Supermarket chain Spinneys’ shares surge above 11% on trading debut

The company’s shares started trading at Dhs1.70, against its IPO price of Dhs1.53, the top end of the price range

Colm McLoughlin - Dubai Duty Free

Colm McLoughlin to step down as executive vice chairman and CEO of Dubai Duty Free

UAE retail industry legend Colm McLoughlin to step down after 41 years at Dubai Duty Free

DET, Emirates join forces to promote Dubai’s hub status

DET, Emirates partner to jointly promote Dubai’s tourism hub status

The two entities will promote the city’s business-friendly policies and processes, ultra-modern infrastructure, and innovation-led economy

flydubai to fly to 10 new seasonal destinations starting June

flydubai to operate to these 10 new ‘summer’ destinations in June

The Dubai-based carrier will launch flights to the 10 popular seasonal summer destinations between June and September

Dubai - Millionaire city

Every 51st resident in Dubai is a millionaire, reveals World’s Wealthiest Cities report

Dubai ranks at the 21st position in the recently released 2024 World’s Wealthiest Cities report

Sheikh Ahmed-Emirates

Sheikh Ahmed addresses the question of an Emirates IPO

Sheikh Ahmed provided an insight into the decision-making process surrounding the question of an Emirates IPO

Emirates Airline expands retrofit program to 191 aircraft

Dubai’s Emirates Airline expands retrofit programme to 191 aircraft

The airline’s original plan was to have 67 A380s and 53 777s undergo full refurbishment

Dubai South HQ

At Dubai South, the future takes shape now: Khalifa Al Zaffin

The executive chairman of Dubai Aviation City Corporation and Dubai South sets out in detail the ongoing mega development in the new city

Dubai Taxi Company announces fleet expansion Image supplied

Dubai taxi fares increase in May after fuel price hike

The new per kilometre charge for a taxi in Dubai now stands at Dh2.09, up from the previous rate of Dh1.97 per kilometre.

Dubai airport passenger numbers to exceed 90 million in 2024

Dubai airport passenger numbers to exceed 90 million in 2024

The city’s main airport registered a 31.7 per cent increase in passenger traffic in 2023 to 86.9 million, surpassing pre-pandemic levels

Nigeria-Emirates not happy with Boeing delays in fixing 777X

Emirates chair Sheikh Ahmed “not happy” with Boeing 777X repair delays

The Dubai-based carrier is the biggest customer of Boeing’s 777X, which will be the industry’s largest twin-engined jet with around 400 seats

FLYDUBAI

flydubai pax numbers rise in Q1 2024, fleet retrofit in progress

The airline carried close to five million passengers between January and April, a 13 per cent increase compared to the same period last year

Dubai says Q1 international visitors up 11% this year

Dubai says Q1 international visitors up 11% this year

The city reported 5.18 million international overnight visitors in Q1 2024

EMIRATES-a350-aerial-atm2024

Mega upgrade: Emirates announces 9 destinations for new A350 aircraft

From Edinburgh in the UK to Ahmedabad in India, Emirates will be introducing its new A350 across a host of routes

LOGICONNECT - women in tech platform

Advancing the cause of women in tech

A tech company takes the initiative to drive gender diversity in the industry

ATM events

May events at DWTC: Arabian Travel Market, AWS MENA Summit, CABSAT Middle East and more

The May lineup brings will enable businesses to engage and network in the heart of Dubai

Dubai’s RTA introduces new ‘Stadium’ bus station

RTA inaugurates new ‘Stadium’ bus station, improves bus routes

The bus station is designed to shorten travel times and provide seamless connections to other mass transit options

Faisal Al Sahlawi – GM – Dubai Autodrome

Dubai Autodrome’s GM Faisal Al Sahlawi shares its role in driving motorsport in the UAE

As the UAE’s premier motorsport and entertainment venue, Dubai Autodrome hosts some of the largest motorsport grids in the region plus a host of international events