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pedestrian crossing

Find the latest AI-powered smart pedestrian crossing in this Dubai community

The system’s AI algorithms are designed to detect and track vehicles and other road users approaching the pedestrian crosswalk

Tecom Group

Tecom Group’s H1 2023 net profit up 13% to Dhs485m

The H1 2023 revenue topped Dhs1bn, up 6 per cent YoY, driven by 87 per cent occupancy rate attributable to high retention rate and adding more than 1,500 new customers

oil refinery

Saudi’s Nesma & Partners to acquire Dubai-based energy services firm Kent

The completion is anticipated by the end of the calendar year, subject to regulatory approvals and satisfaction of customary closing conditions

Dubai maritime authority introduces new decision on transparency of local sea container chaerges Image courtesy WAM

Dubai: Transparency of local sea container charges improves with new rule

The decision outlines five important changes which will help ensure the adoption of global best practices across Dubai’s maritime ecosystem

DIFC

DIFC’s H1 results show 23% rise in companies joining financial centre

The financial centre saw a steady growth in the number of financially regulated firms establishing their base at DIFC

Al-Futtaim Automotive’s Katib Belkhodja on customer-centric approach

Exclusive: Katib Belkhodja on Al-Futtaim Automotive’s customer-first strategy

Al-Futtaim Automotive’s director of customer centricity tells us how the group plans to leverage digital ecosystems to create hyper-personalised customer experiences

McDonald's UAE Umm Suqeim All-female Team at restaurant launch Image McDonald's UAE

McDonald’s UAE opens first outlet with all-female staff, features partial solar PV roof, EV charging ports

The latest venue features another ‘first’, as the branch has also introduced curbside ordering, allowing customers to place orders digitally from designated parking spaces

Mirabaud

DFSA fines bank Mirabaud $3m for anti-money laundering controls failings

The penalty includes disgorgement of $975,000, reflecting the economic benefit Mirabaud gained from its violations in the form of fees and commissions

nol pay

Dubai’s RTA updates nol Pay app with 4 new features

The official payment platform seeks to improve the transportation experience in Dubai for residents, visitors and tourists

israel flights

Dubai Airports welcomes first Air Canada flight at DXB Terminal 3: Watch

Air Canada is the fourth international airline to operate out of the terminal

UAE money laundering prosecution office

UAE approves proposal to establish money laundering prosecution offices

The offices will overlook corporate crimes, bankruptcy, regulation of competition, financial markets, intellectual property and trademarks, and customs evasion crimes

RTA reveals rider figures for H1 2023 dubai metro Image RTA

Dubai: 337 million commuters used public transport in H1, reports RTA

Dubai Metro ridership on both the Red and Green Lines hit 123.4 million riders, with Burjuman and Union stations accounting for the majority of riders

DFM’s H1 2023 profit jumps 77% to Dhs112.2m

Dubai Financial Market reports Dhs112.2m half-year profit, up 77%

The DFM General Index posted impressive growth of 14 per cent, closing at 3,972 points while market capitalisation soared to Dhs652bn

Dubai Chamber

Dubai Chamber to support 100 businesses in global expansion drive

The New Horizons initiative assists in driving the international growth of member companies and will play a vital role in achieving Dubai’s goal of increasing non-oil foreign trade to Dhs2tn by 2026

Dubai properties DLD registers transactions worth $77bn in H1 2023 Image Dubai Media Office

Dubai properties: Transactions hit Dhs283bn in H1 2023; DLD reveals top 10 areas

Nine real estate projects worth Dhs4.06bn were completed in H1 2023, according to the Dubai Land Department

Mudon development

Dubai Properties launches final phase of Mudon Al Ranim

The Mudon community is made up of villas and townhouses, along with retail amenities such as restaurants, shops, and health clinics

Dubai Government mulls implementation of Common Law in Free Zones Dubai Airport Free Zones Image Dubai Media Office

Dubai explores implementation of common law in free zones

This potential adoption aims to bolster the emirate’s appeal for investors and Dubai’s global competitiveness

Dubai to host generative AI assembly in Oct GettyImages-1194176305

Dubai to host key generative AI assembly in October

The assembly will bring together public and private enterprises to engage in conversations on emerging technology and its potential

Dubai Sustainable Tourism Stamp 2023

Dubai Sustainable Tourism Stamp to recognise eco-friendly hotels in the emirate

The Dubai Sustainable Tourism Stamp by DET to showcase the hotel’s adherence to sustainable practices and environmental stewardship

Ellington Properties and Dutco to develop several residential projects in Dubai Image DUTCO Ellington Properties

Dutco, Ellington Properties to develop high-end residential projects in Dubai

The first phase of the collaboration will see the launch of two new waterfront projects in Dubai

Sheikh Hamdan amends resolution related to railways in Dubai Image Dubai Media Office Twitter

Sheikh Hamdan amends regulations governing railways in Dubai

The new resolution details RTA’s functions including the planning, design and development of the public railway network in the emirate

Rixos Dubai Islands Hotel & Residences Image Nakheel Rixos

Nakheel launches Rixos Hotel & Residences on Dubai Islands

Along with the Rixos property, Dubai Islands will be home to more than 80 resorts and hotels

Dubai Chamber expands global reach with Vietnam office

Dubai Chamber expands global footprint with Vietnam office

The office will support and guide Dubai-based companies seeking to expand into Vietnam throughout every stage of their international expansion

DIFC Courts sets new record with AED 15 billion in claims in H1 2023 Image: DIFC Courts

DIFC Courts reports Dhs15bn in claims value in H1 2023

There was an increase in the total number of cases across all divisions, with 455 cases filed

DEWA joins CharIN to advance green mobility

DEWA bolsters commitment to green mobility by joining CharIN

The membership allows DEWA to actively participate in establishing industry standards for electric vehicle charging systems

millet

This humble grain is showing up on Michelin-starred menus

Consumer goods companies are betting on increasing demand with innovative, millet-based snacks

Lombard Odier

Crypto Oasis Ventures, DIFC to collaborate on accelerator programmes

The partnership is expected to bring immense value to startups participating in DIFC Innovation Hub’s various accelerator programmes this year

DFM

HSBC acts as custodian for debut DFM securities lending transaction

The execution of the first international securities lending and borrowing transaction is the latest step in the continued evolution of Dubai’s capital markets

Staybridge Suites Dubai Business Bay (Image: Supplied by IHG Hotels and Resorts)

IHG to open dual-brand property in Dubai

A 275-key Holiday Inn and residential-style Staybridge Suites hotel in Business Bay will both be operational later this year