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Dubai Holding weighs new REIT amid housing boom

Dubai Holding weighs new REIT amid housing boom, report says

The REIT would offer investors access to a portfolio of prime income-generating properties managed by one of Dubai’s leading developers

Dubai limo sector sees surge in passenger nos in H1 2024 image RTA_X

Dubai riding in style with 50% bump in limo passengers

The sector saw passenger numbers surge to nearly 38 million, driven by an influx of new providers and enhanced services

dnata, beOnd partner to elevate premium travel from Dubai

All-business airline beOnd lands new partnership with dnata

In the next five years, beOnd aims to expand its network to 60 global destinations

How Irfan Tansel is fuelling Al Masaood’s innovative spirit

Driving the future: Irfan Tansel on why innovation can’t slow down

The CEO believes the future of the automotive industry depends on its ability to deliver cutting-edge mobility solutions through innovation, diversification, and technological adaptation

Abu Dhabi tops global ranking of cities managing SWF capital

Abu Dhabi tops global ranking of cities managing SWF capital

Abu Dhabi’s dominance in the SWF sector is not only due to its sheer capital but also its strategic investments and diversification across industries

How the UAE’s record budget will be spent in 2025

The budget maintains a balance between income and spending, with both revenues and expenditures approved at $19.6bn (Dhs71.5bn)

ADIA starts operations in India’s GIFT City office

Abu Dhabi fund ADIA boosts global presence with GIFT City office

The fund will undertake a phased transfer of certain existing Indian investments to its GIFT City subsidiary

Global Village season 29 highlights image Dubai Media Office

Global Village Season 29: New features, experiences await visitors

With its fresh look and new features, Season 29 of Global Village promises to be the ultimate destination for families, friends, and visitors of all ages

UAE, Jordan sign comprehensive economic partnership agreement

The UAE’s latest CEPA deal is with this Arab nation

The deal builds on robust UAE-Jordan economic ties, with non-oil trade reaching over $4.2bn in 2023

ADNH Catering sets IPO price range, seeks to raise Dhs864m

ADNH Catering eyes serving up Dhs864m in IPO offering

The indicative share price of Dhs0.91 and Dhs0.96 per share implies a market valuation of around $588m at the top of the range

Abu Dhabi Crown Prince arrives in Norway Image Abu Dhabi Media Office X

Abu Dhabi Crown Prince arrives in Norway on visit

The state visit is expected to further bolster economic, political and cultural relations between the two countries

CYVN, Nio team up for electric vehicle innovation

Nio and CYVN Holdings drive EV innovation in Abu Dhabi debut

CYVN Holdings will support NIO with strategic investments for the expansion, which will start with UAE

Sheikh Mohammed launches 'Plant the Emirates' national programme

Sheikh Mohammed launches ‘Plant the Emirates’ national programme

Launching in line with the Year of Sustainability 2024, Plant the Emirates seeks to increase green spaces, promote environmental protection efforts, and encourage domestic agriculture

Dubai Airports announces world’s largest rooftop solar panel installation

Massive rooftop solar installation announced for Dubai Airports

The solar initiative, set to generate a total of 39 megawatts peak (MWp) of clean energy, will see the installation of 62,904 solar panels across both DWC and DXB

IHC’s Modon takes lead on Egypt’s Ras El Hekma city project

UAE’s Modon appointed lead developer of Egypt’s Ras El Hekma city project

The Ras El Hekma project is expected to drive significant economic growth, attracting $110bn in investment by 2045

Wynn Resorts secures UAE’s first commercial gaming licence

Wynn Resorts secures UAE’s first commercial gaming licence

The project, which is currently under construction, is a joint venture between Wynn, Marjan and RAK Hospitality Holding

TAX

The newest VAT exemptions for UAE crypto, investment firms

The UAE’s new VAT updates will impact several sectors, with investment fund management and virtual assets receiving key exemptions

Golden visa for Dubai teachers.

Top of the class: Dubai’s best teachers now eligible for golden visas

Golden Visas will be awarded to top educators in private early childhood centres, schools, and higher education institutions in Dubai

UAE weather: convective clouds, possible rain over Oct 6-9

Rain alert: UAE set for cloudy skies, possible showers from Oct 6-9

The NCM has predicted a probability of local convective cloud formation in Eastern areas, potentially leading to rainfall on Sunday

UAE, Serbia strengthen economic partnership, exchange CEPA

UAE, Serbia strengthen economic partnership, exchange CEPA

This agreement is poised to deepen trade ties and investment opportunities, focusing on priority industries, creating jobs, and bolstering supply chains

Dubai: RTA lifts ban on e-scooters for metro commutersImage: Getty Images

E-scooters allowed on the Dubai Metro again – but these are the new rules

Foldable e-scooters without seats will now be allowed on both the metro and tram, provided they meet specific size and weight restrictions

TAQA prices $1.75bn dual-tranche bond offering, includes green bond

TAQA prices $1.75bn dual-tranche bond offering, includes green bond

The company has now secured a total of $1.85bn in green financing since 2023, supporting its ongoing decarbonisation efforts and expansion of its low-carbon energy portfolio

Abu Dhabi fund ADQ, EQTY Lab team up to launch ClimateGPT

ClimateGPT: Abu Dhabi’s ADQ, EQTY Lab team up to launch new tool

The initiative aims to build trust and accountability in ADQ’s AI implementations and drive transformation across its portfolio

Azizi developments to set up 12 factories in KEZAD-Warehouses Image Kezad For illustrative purposes

Azizi Developments to invest Dhs1bn to build new factories at KEZAD

The factories, spanning 220,000 square metres, will produce essential equipment and parts for the real estate sector

Sheikh Mohammed approves new master plan for Expo City

Sheikh Mohammed approves new master plan for Expo City Dubai

Building on its legacy as the site of the 2020 World Expo and COP28, the development will be a catalyst for Dubai’s progress in various fields

Etihad Rail New brand launch

Etihad Rail unveils new brand identity, reflecting vision, plans

Embodying the nation’s Spirit of the Union, the new identity represents the connectivity and cohesion between the various cities and regions of the UAE created by the railway network

Abu Dhabi's family offices are key contributors to the emirate's economy GettyImages-1239915485

How family offices are driving growth, diversification in Abu Dhabi

Family offices, in partnership with the public sector, will remain at the heart of the growth and transformation being seen in the emirate, as it continues to thrive across key industries and beyond

UAE insurance sector reports profits of Dhs2.5bn in 2023: CBUAE

UAE insurance sector reports Dhs2.5bn in profits in 2023: CBUAE

According to CBUAE, the insurance sector’s growth was driven by increased policy activity, investment returns, and a rising demand for coverage in key areas such as property and employment

OpenAI secures $6.6bn investment from Abu Dhabi’s MGX, Nvidia

OpenAI secures $6.6bn investment from UAE’s MGX, Nvidia

The company’s valuation has risen from $14bn in 2021 to $157bn as it grew revenue from zero to $3.6bn

UAE’s DAE, AXA clinch deal as UK battle over jets ‘lost’ in Russia kicks off

UAE’s DAE, AXA clinch deal as battle over jets ‘lost’ in Russia kicks off

The Dubai aircraft leasing firm had valued its claim for 22 aircraft, one engine and one piece of equipment at $737.8m