#Dubai

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

Sheikh Mohammed

Sheikh Mohammed approves 78 environmental initiatives ahead of COP28

It includes national strategies to reduce carbon and regulate the use of solar energy products, sustainable tourism and other initiatives

Nakheel Marina

Nakheel launches luxury marina destination at Dubai Islands

Nakheel Marinas Dubai Islands is poised to become the new home for superyachts, and can accommodate a total of 13 superyachts at a time

The aircraft, 9H-FIVE, pronounced Nine-Hotel FIVE, will be based in Dubai (Image: Supplied by FIVE Hotels and Resorts)

Dubai’s FIVE Hotels introduces private jet charter service

The ACJ TwoTwenty aircraft, 9H-FIVE, will be based in Dubai and has an approximate flying range of 12 hours

Dubai government debt burden

Dubai’s debt burden to drop to 51% in 2023, says S&P Global

The government’s debt stock could fall even faster if the reduction in nominal debt continues over the coming years

Mall of the emirates 3 day super sale is back phot courtesy: Mall of the Emirates Majid al futtaim

Dubai’s 3 Day Super Sale is back, with discounts up to 90% up for grabs

The three-day super sale (3DSS) will run from May 26 to 28

UAE Weather rain

UAE weather: Rain hits parts of the country; Orange alert raised

Residents are advised to take precautions and avoid flooded areas for their safety

Empower adds DXB to its portfolio

Empower adds Dubai International Airport to its district cooling portfolio

The total capacity of the plants is equivalent to 11 times the consumption of the world’s tallest tower, the Burj Khalifa

Emirates inflight Wi-Fi in Premium Economy Class

Emirates: All passengers can now avail of free Wi-Fi onboard

The airline said all Emirates Skywards members in every class of travel can now enjoy some form of free Wi-Fi connectivity

RTA to open 3 new metro link bus routes phot courtesy RTA

Dubai’s RTA has launched these 3 new metro link bus routes

The RTA has said it will make improvements to the journey times of 48 other routes in addition to the new bus routes

biogas

Dubai announces completion of biogas-to-energy project at Warsan Wastewater Treatment Plant

The biogas power facility has the capacity to generate 44,250 MWh of electricity annually

Hedge fund. - Sanjay Shah

Hedge fund trader Sanjay Shah loses appeal over order to pay $1bn in tax

The authority said in a statement Wednesday that it would now begin an asset recovery process