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Dubai SME H1 2024 performance highlights Image Getty-Images-1417041621

Dubai SME members secure contracts worth Dhs395.4m in H1

Since its inception in 2002, Dubai SME has guided 48,923 entrepreneurs and mentored 51,504 Emirati entrepreneurs, contributing to the launch of 18,429 local enterprises

TECOM expands portfolio with Dhs1.7bn acquisition, new developments

TECOM expands portfolio with Dhs1.7bn acquisition, new developments

The new acquisitions and developments will boost TECOM Group’s portfolio of commercial leasing gross leasable area (GLA) to over 10 million square feet

traffic enhancements at Al Safa 1 schools complex completes image RTA X

RTA completes traffic improvements at Al Safa 1 Schools Complex

The latest traffic improvements in Al Safa will impact approximately 60,000 residents of the neighbourhood

Dubai Land Department signs 7 key agreements with developers -Image-Dubai-Media-Office

Dubai Land Department inks 7 key deals with top developers

The developers included in this agreement are Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha Realty, Azizi Developments and Danube

Cryptocurrency Dubai DMCC

UPDATED: Dubai court ruling on cryptocurrency wages sparks debate

The decision reinforces the importance of clear contractual terms, ensuring that both traditional and cryptocurrency forms of payment are adequately addressed

DWTCA sees strong growth in H1

DWTCA sees registered companies grow by 19 per cent in H1

According to the latest figures, the DWTCA Free Zone saw a substantial 21 per cent rise in the number of tenants, reaching 2,735 in H1

DWTCA sees strong growth in H1

Dubai welcomed almost 700,000 medical tourists in 2023

Dubai’s health tourism sector generated indirect revenues of Dhs2.3bn in 2023, providing a significant boost to the emirate’s GDP

Sustainable mobility startup E Daddy raises $15m

Sustainable mobility startup E Daddy raises $15m

The company, which has facilities in Dubai Industrial City and the National Industries Park, plans to launch its first fully electric motorcycle in Q1 2025

Chinese firms see dubai as an ideal launchpad for businesses Getty Images-1417041621

Why Chinese firms view Dubai as a launchpad for global growth

The Dubai Business Forum – China aims to further bolster cooperation between Dubai and Chinese public and private sector entities

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Dubai inflation numbers down in July: Is a rate cut on the horizon?

Dubai’s CPI moved down marginally to 111.56 points in July from 111.65 points in June, according to Dubai government data

Dubai’s DFM signs MoU with Shenzhen Stock Exchange

Dubai bourse signs MoU with Shenzhen Stock Exchange

Both exchanges will explore cooperation on dual-listing, ETFs, mutual display of indices, and fixed-income products

Giuseppe Saba - CEO of Dubai Humanitarian shares insights on why Why supporting emergency funds is a moral, practical necessity

Why supporting emergency funds is a moral, practical necessity

Corporate social responsibility initiatives directed towards emergency response can make a substantial difference, providing financial resources, logistical support and expertise

RTA unveils updated OOH advertising manual

Dubai’s RTA updates Out-of-Home advertising manual

The manual features several enhancements including improved site planning for advertisements and elevated traffic safety standards

Dubai real estate trends from leading develoeprs GettyImages-1345007377

Building on growth: Dubai developers share key real estate trends

Well-known Dubai-based developers share insights into key trends shaping the offerings of Dubai’s real estate sector

DP World H1 2024 performance Image-by-WAM

DP World reports resilient H1 results amidst global challenges

Revenue for the period ending June 30, increased by 3.3 per cent to $9.34bn, driven primarily by strong growth in its Ports and Terminals segment

Dubai Police - traffic fine

UAE driving fines: Participate in Dubai Police’s ‘accident-free day’ to remove black points

The ‘accident-free day’ campaign aims to foster a culture of responsible driving

Salik H1 2024 results

Salik announces H1 results, approves interim dividend of Dhs544.8m

Salik registered 238.5 million revenue-generating trips in H1 2024, reflecting a 4.9 per cent increase year-on-year

Empowering local talent to build Dubai's future amis properties _Getty Images

Insights: Empowering local talent to shape Dubai’s economy

We need more domestic craftsmanship and innovation to shape Dubai’s economic, cultural and aesthetic future

In numbers: Dubai's public transport H1 milestones

In numbers: Dubai’s public transport H1 milestones

Dubai’s RTA has committed to achieving a 25 per cent public transport share by 2030, a target that is steadily gaining momentum

Abh-dhabi-dubai - liveability

Global Liveability Index 2024: Abu Dhabi, Dubai top rankings in Middle East and Africa

Abu Dhabi reinforced its reputation as a safe city while Dubai grew its healthcare infrastructure

parkin

Parkin reports strong H1 2024 results amid expansion in Dubai

For the first half of 2024, Parkin reported a 10 per cent increase in total revenue, reaching Dhs421m

Flydubai launches flights to Basel in August 2024 image flydubai

Aviation: flydubai launches direct flights to Basel

The addition of Basel brings the carrier’s European network to 29 destinations, including cities like Budapest, Milan and Prague

DEWA announces H1 2024 results

DEWA reports H1 net profit at Dhs2.6bn, revenue growth of 7.3%

As of June 30, the utilities major had 1,236,845 electricity and water customer accounts, an increase of 52,134 (4.4 per cent) compared to the same period last year

Emaar Properties' H1 revenues hit $3.9bn, profits rise

Emaar Properties’ H1 revenues hit $3.9bn, profits rise

Emaar’s recurring revenue-generating portfolio collectively generated revenue of Dhs4.6bn during H1 2024, representing 32 per cent of its total revenue

Spinneys H1 net profit rises 15.2%, to pay out interim dividend of Dhs102.6m

Spinneys H1 net profit rises 15.2%, Dhs102.6m in interim dividend approved

The company’s gross profit rose by 12.3 per cent year-on-year to Dhs659m, with a gross profit margin of 41.3 per cent, up 90 basis points from the previous year

Emaar Development reports 56% rise in property sales for H1

Emaar Development reports 56% rise in property sales for H1

In  H1 2024, the company reported revenue of Dhs7.3bn ($2bn) and EBITDA of Dhs3.4bn ($922m)

UAE Dubai four-day work week

Dubai to trial four-day work week for public sector employees

As part of ‘Our Flexible Summer,’ work will be suspended on Fridays, and the workday will be reduced to seven hours for the participating Dubai government entities

Image credit: Sourced from Emirates

Emirates’ first retrofitted Boeing 777 aircraft: In photos

Emirates currently operates its refurbished aircraft to 17 destinations including New York JFK and London Heathrow

Dubai DXB airport passenger traffic surges by 8% in H1

Dubai’s DXB airport sees record year for passengers after 8% rise in H1

Dubai International Airport welcomed 44.9 million passengers in the first half of the year

How Prosper is driving growth in Dubai’s property market

Prosper Real Estate Intl’s Akram Kanso on growth in Dubai’s property market

The firm offers a full spectrum of services beyond lead generation and sales, including strategic planning