#Dubai

Dubai flying taxi capabilities

Dubai Airshow 2023 to focus on $110bn flying taxi market

Dubai Airshow said advanced aerial mobility will be an integral part of the upcoming edition international aerospace event

TECOM Group's Dubai Internet City

TECOM Group secures $2.1bn refinancing deal for existing facility

The unsecured loan facility is expected to have a positive impact on the company’s cash flow profile while providing funds to execute growth strategy

Emaar Unveils The Oasis by Emaar image Emaar

Dubai’s Emaar unveils stunning new $20bn luxe lifestyle destination

A waterfront luxury development, The Oasis by Emaar offers large mansions and villas with stunning views of lakes and canals

Walking trail Mushrif Park Image Twitter Dubai Municipality

New 10km walking trail set to open at this Dubai national park

Opening to the public on June 20, access to the trail will be free throughout the year

Dubai tops-global-ranking-or-FDI-into-CCI-in-2022-photo-courtesy Dubai Media Office

Culture and creative industries: Dubai tops global list in FDI projects in 2022

The US, India, the UK, France and Switzerland emerged as the leading foreign direct investors in Dubai’s cultural and creative industries in FDI projects

real estate

Alvarez & Marsal says dealmaking wave robust in MENA despite global dip

The increased interest rates have not had a material impact on dealmaking activity in the region

The suites are located on the upper floors of the hotel (Image: Supplied by Conrad Dubai)

Conrad Dubai introduces residential suites

Each of its 22 one-bedroom units is spread across 100 sqm, and its residents can access the hotel’s leisure and business amenities

Bateel Bakery Image credit Bateel

Bateel International expands culinary portfolio with launch of Bateel Bakery

The new concept is backed by a rapid expansion plan in the region and internationally, across malls, commercial centres, airports and standalone street locations

Brookfield eyes $28bn Network International deal

Canada’s Brookfield acquires Network International for $2.8bn

The investment firm reached a deal to pay 400 pence per share in cash, which represents a premium of about 64 per cent to Network’s closing price on April 12

Global Village

Here’s when Global Village Season 28 opens; it’s earlier than expected

By opening earlier for Season 28, Global Village aims to ensure that guests can enjoy an extended period of entertainment, cultural diversity and attractions

cooking robot

UAE’s dnata introduces cooking robot at World Travel Catering & Onboard Services Expo

Developed by Moley Robotics, the robot is able to recreate identical dishes at scale by following pre-recorded chef instructions

Dubai Chamber

Dubai Chamber of Digital Economy attracts 30 startups in Q1 2023

The chamber is supporting Dubai’s digital transformation while cementing its status as the global digital economy hub

DMCC Bybit

DMCC, Bybit join forces to propel crypto and Web3 adoption in Dubai

Bybit will offer financial assistance amounting to Dhs500,000 to support new crypto ventures interested in establishing themselves within the DMCC Crypto Centre

Dubai Chambers Image credit WAM Dubai Chambers Dubai Media Office

Dubai Chamber of Commerce welcomes 15,366 new member companies in Q1 2023

The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities

Emirates to host 80th IATA AGM

Dubai’s Emirates to host 80th IATA AGM

The 80th IATA AGM will be the first global gathering of aviation’s top leaders to be hosted in the UAE

DUBAI - RENTAL AREAS

Dubai property sector sees 11,700 transactions worth Dhs34bn in May

According to Property Finder’s proprietary data, the top searched areas for owned apartments in May included Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, and Jumeirah Village Circle

RTA

Dubai’s RTA unveils new parking signs with fee details and payment options

The latest statistics revealed that over 80 per cent of customers prefer to pay their service fees via mobile phones and smart tablets

Dubai Healthcare Authority

Number of Dubai healthcare facilities jump 11.5% in Q1 2023: DHA

The healthcare facilities provide care across a range of medical specialities and sub-specialities

Dubai ICD posts record profit

Dubai wealth fund ICD records full year profit of Dhs36.1bn

The wealth fund said its banking and financial services division, the largest contributor in 2022, generated Dhs15.3bn in net profit

Dubai property market

Global HNWIs to pour $2.5bn in Dubai property in 2023: Knight Frank

The world’s wealthy have been increasingly targeting Dubai’s luxurious homes, primarily situated in the city’s most desirable districts

drone delivery

Dubai hospital delivers medicines to patient’s house via drone: Watch here

The delivery took place within a 10-kilometre radius, transporting medication from the hospital to a patient’s home in Cedre Villas project

Air Baltic, the flag carrier of Latvia (Image: Sourced from Press Gallery on Air Baltic website)

Air Baltic opens bookings for Dubai-Vilnius flights

From November 1, the airline will operate twice weekly services between the two destinations as part of its winter schedule

Dubai taxi sector image RTA twitter

Dubai taxi sector achieves 27 million trips in Q1 2023

The taxi sector in Dubai showed 6 per cent growth during the first quarter of 2023

Dubai DET announces that Holiday Homes to have qr codes going forward image credit Dubai Media Office

Holiday homes in Dubai now need QR codes on entrances, here’s why

This code enables visitors and guests to conveniently scan it and access essential information about the operator of the holiday home and the relevant contact details for the Department of Economy and Tourism

DEWA commissions new reservoir (1)

DEWA commissions 60 MIG Lusaily water reservoir

The utility firm is currently working on three other reservoir projects in Nakhali, Hassyan and Hatta in addition to the newly commissioned reservoir

Dubai exchange launches futures contracts

Dubai bourse launches futures contracts on general index

The futures contracts will help investors effectively hedge against market volatility and make profitable trades

RTA reveals net zero operations plan image RTA

Here’s how Dubai’s RTA will transition to zero-emission operations by 2050

The strategy will help reduce carbon dioxide emissions by 10 million tonnes and contribute to financial savings worth Dhs3.3bn in comparison to current operations

micky jagtiani image credit Landmark group

Dubai’s Landmark Group founder Micky Jagtiani passes away

A constant innovator, the Indian billionaire created and led more than 27 diverse brand concepts

TaxGPT Worlds-First-AI-Powered-Corporate-Tax-Assistant image: Virtuzone

Introducing TaxGPT, the AI-powered UAE corporate tax assistant

Virtuzone has launched TaxGPT to help UAE-based businesses get answers related to the upcoming corporate tax regime based on information from the UAE’s MOF and FTA

Empower plant Image WAM-e1684523583814

Empower launches new plans, policies to drive sustainable operations

Empower has saved 412 million imperial gallons of fresh water in 2022 by using recycled water in its operations