The fund is chaired by Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince and Chairman of The Executive Council of Dubai
When operational, the licence will enable the company to provide spot services and spot-pairs services to qualified retail clients
The rating agency is projecting continued strong momentum in Dubai’s hospitality, and financial services sectors to drive growth in 2024/25
Award-winning architects Studio Libeskind and interior design studio 1508 London led by H&H Development will oversee the design
The ‘Passengers with No Bags’ service has been launched across domestic and international Saudi airports, enabling travellers to ship their luggage ahead from home to any destination
The number of medium voltage substations (11kV and 6.6kV) reached 44,015 stations by the end of the year
Steps to engage and involve community members and accept proposals from them for new road names will start in the upcoming phases of the initiative
The invitation-only event will provide attendees with insightful content sessions, interactive roundtables and integrated networking activities
Dubai, for a third year in a row, has been voted the world’s best travel destination by users of the travel app
The developer has acquired 7 Central logistics hub from Seven Seas Steel Industries in Dubai Investments Park, with an adjacent plot to build further logistics
Despite the continuing upward trajectory of the rental market in Dubai, certain communities continue to remain affordable for the average family in the city.
A growing number of wealth managers in Asia are setting up offices in Dubai to capitalise on the city’s interconnectedness
The government allocated Dhs88bn to community development, a 3.4 times increase compared to Dhs26bn for the past decade
From January 1, 2025, single-use plastic products, including items such as plastic stirrers, table covers, cups, styrofoam food containers, plastic straws, and plastic cotton swabs, will also be prohibited
The project is aimed at enhancing the road network infrastructure to keep up with Dubai’s ongoing development and meet the demands of urban expansion
Dubai Metro’s Red and Green lines transported 974,416 riders while the tram served 56,208 commuters
Dubai, once again, didn’t disappoint as it put on yet another fantastic show to ring in the New Year
The events committee said a total of 11,972 personnel and 1,525 patrols and civil defence and ambulance vehicles will be deployed around the city
The transport authority is exploring the use of 3D printing technology in the construction of some shelters on a trial base
Sheikh Hamdan said the bonus underscored the government’s commitment to fostering an environment that nurtures creativity and commitment among employees
UAE stocks in Dubai and Abu Dhabi recorded strong cash flows on Monday, surpassing Dhs1bn in market liquidity
Institutional investors dominated the UAE equity market in 2023, capturing nearly 78 per cent of total trading activity on the Dubai and Abu Dhabi bourses
The Dubai Ferry, Water Bus, Water Taxi and abras have special appeal to Dubai residents, visitors, and tourists, thanks to the picturesque coastal line of the city
The new head office provides a platform for clients and partners to engage with the port operator’s entire portfolio
The digital strategy implementation will be carried out over four phases spanning seven years
The vast majority of UAE residents are keen to make the switch to electric vehicles sooner rather than later, according to a new survey.
Dubai International is preparing for an exceptional spike in guest numbers, with an estimated 279,000 passengers on December 22
The streamlined process contributes to bolstering Dubai’s competitiveness as a business-friendly destination
The agreement calls for countries to quickly shift energy systems away from fossil fuels in a just and orderly fashion
The latest draft of the COP28 summit has been published just as the climate summit has run into extra time, with delegates trying to strike a final deal.