#Dubai

Emirates NBD to offer fractional bonds for individual investors -GettyImages-630846210

Emirates NBD to offer fractional bonds to individual investors

The product offering will enable accessibility for individual investors to bond markets with a minimum investment of $25,000

Emirates connects 800 cities via partner deals

Emirates connects 800 cities via partner deals

The carrier plans to continue to evolve its partnership strategy by advancing many of its interline partnerships to full-fledged codeshare agreement

Dubai bolsters its cybersecurity strategy

Dubai launches second cycle of its cybersecurity strategy

The city has emerged as a global leader in cybersecurity by implementing secure digital systems and adopting advanced technical solutions

Commercial Bank of Dubai posts 41.5 jump in H1 profit

Commercial Bank of Dubai posts 41.5% jump in H1 profit

The bank reported an operating income of Dhs2.5bn in the first six months of 2023, up 41.9 per cent from Dhs1.7bn for the same period a year earlier

Sheikh Hamdan bin Mohammed unveils Dubai Digital Clouds project

Sheikh Hamdan unveils Dubai Digital Clouds project

The initiative seeks to reinforce Dubai’s position as a digital economy capital and further strengthen its robust and reliable digital infrastructure

VARA suspends BitOasis’ MVP operational license

Here’s why VARA has chastised crypto exchange BitOasis

The crypto exchange platform said it will not accept any new clients until it fully complies with VARA requirements

Dubai Courts established division for inheritance and wills Image Dubai Media Office

Dubai Courts sets up division to address inheritance, will execution for non-Muslims

The new department aims to enable non-Muslims to execute their wills within a framework that guarantees the application of their personal laws and the management of probate matters

Avani+ Palm View Dubai Hotel and Suites (Image: Supplied by Avani Hotels and Resorts)

Minor’s Avani Palm View Dubai property rebrands

The 48-storey hotel has become the first Avani+ property in the region

Dubai Municipality allocates 3,200 land plots to citizens

Dubai Municipality allocates 3,200 land plots to citizens in the emirate

The allocation of the land plots is implemented as per Dubai’s Higher Committee for Development and Citizens Affairs comprehensive citizen housing plans

Dubai Police Smart Police Stations achieves record in H1 2023 Image Dubai Police_Facebook

Dubai’s Smart Police Stations set new record in H1 2023

A total of 65,942 transactions were processed without any human intervention at the smart police stations during the period

RTA S'hail app image credit RTA

Dubai: RTA digital channels bring in Dhs3.5bn in 2022

In 2022, RTA recorded 814 million digital transactions up from 676 million in 2021

RTA adds nex exit at AL Seba Street at Dubai marina Image RTA

Dubai Marina: RTA adds extra exit to ease traffic flow at Al Seba Street

With the new exit, the total capacity of exit lanes from Dubai Marina via Al Seba Street will rise from 900 to 2,400 vehicles per hour, marking a sharp increase of over 266 per cent

FIVE Jumeirah Village (Image: Supplied by FIVE Hotels and Resorts)

FIVE obtained 100 per cent renewable electricity for Dubai hotels in 2022

It has become the first hotel operator in the UAE to receive International Renewable Energy Certificates

Dubai traffic flexible or remote work

Dubai introduces stricter traffic laws, announces fines of up to Dhs100,000

Under the amended traffic laws, Dubai Police can seize a vehicle if it has clocked up more than Dhs6,000 in traffic fines

Dubai SME members awarded Dhs1.12bn in contracts in 2022 Image credit GettyImages-1214946297-e1682524082437

Dubai SME members receive Dhs1.12bn in contracts in 2022

The contribution of Dubai government bodies was worth Dhs552.51m, while federal government entities granted contracts worth Dhs88.2m

Medcare Royal Hospital

Dubai: Medcare Royal Hospital to be launched in Al Qusais

Constructed by Dubai Developments, the 126 – bed premium hospital will offer individualised care in a range of specialties

DMCC welcomes over 1,400 companies in H! 2023 uptown & jlt Image DMCC

Dubai’s DMCC welcomes 1,456 companies in H1 2023

DMCC is now home to more than 23,000 member companies from across the world

Emirates begins flights to Montreal (Image: Supplied by Emirates)

Emirates commences daily service to Montréal

The airline’s North American network now stands at 14 destinations

AllianceBernstein

AllianceBernstein opens new office in DIFC to expand Middle East presence

The global investment firm has secured DFSA licence to locally service and advise clients

Make the most of summer with these wallet-friendly tips

Summer fun: 5 wallet-friendly tips to enjoy the season

Spending increases significantly during the summer season as people want to be out and about

RTA transports over 6 million riders across Dubai during Eid Al Adha Image courtesy RTA twitter

RTA transports over 6 million commuters across Dubai during Eid Al Adha

The number of metro riders on both the Red and Green Lines during the holiday reached 2.388 million riders

Dubai RTA awarded contract for Garn Al Sabkha Street Sheikh Mohammed Bin Zayed Road Intersection Improvement Project Image RTA

Dubai: Dhs374m road project to enable smooth traffic flow, support population growth

The scope of the project covers the construction of four bridges, spanning 3,000 metres capable of carrying 17,600 vehicles per hour

FOO

SME story: Interview with Ghady Rayess, managing director of FOO

Financial services embedded into existing business models are no longer optional, but necessary

Dubai’s luxury real estate market is booming. Here’s why

With growing demand and upcoming supply, the year looks promising for Dubai’s luxury property market

UAE national banks provide $201bn in financing by April

UAE national banks provide $201bn in financing by April

The banks increased their credit balance by Dhs2.1bn or 0.3 per cent in April 2023, up from Dhs735.2bn a month earlier

Abu Dhabi, Dubai property market upbeat on both demand and supply side

Real estate Services Company Asteco’s CEO, HP Aengaar shares the highlights of Abu Dhabi and Dubai’s property market in the first quarter of the year and the outlook for demand and supply in the upcoming months

Guests Enjoying Eid Al Adha Fireworks Image DCT Abu Dhabi

Eid Al Adha 2023: Watch fireworks for free in Dubai, Abu Dhabi at these places

Eid Al Adha fireworks are being staged across Dubai and Abu Dhabi, with some locations featuring firework displays for up to five nights

RTA announces free parking metro timings during Eid al adha Dubai Image Twitter RTA

Eid Al Adha 2023: Dubai announces free parking; changes to metro, bus timings for holidays

All public parking – except at multi-level parking terminals – will be free from Tuesday, June 27 to Friday, June 30

Dubai announces comprehensive plan to ensure safe Eid al adha celebrations-courtesy-Dubai-Media-Office

Eid Al Adha 2023: Dubai puts comprehensive security plan in place for holidays

The plan involves government departments and police centres across the city

Proptech

Investing in proptech: How market players are embracing tech-driven solutions

Here are the key developments that have shaped the proptech industry in the Middle East