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DFM and DWTC to host IPO summit in Dubai

Dubai Financial Market, DWTC set to host first MENA IPO Summit – Dubai

The inaugural summit will take place from January 23-25 at The Museum of the Future

Dubai Chamber of Commerce establishes Medical Labs & Diagnostic Centres Business Group

The establishment of the business group plays a crucial role in recommending policy changes to improve the sector’s competitiveness

Sheikh Hamdan and Sheikh Maktoum review roadmap for D33 implementation_photo courtesy_Dubai Media Office

Dubai: Sheikh Hamdan, Sheikh Maktoum review roadmap for D33, first 10 projects

The first phase of D33 projects includes launching the Dubai Green and Sustainable Industry Plan

Dubai real estate courtesy Dubai Media Office

Dubai records real estate transactions valued at Dhs10bn during the week

Al Hebiah Fifth recorded the most transactions for this week with 133 sales transactions worth Dhs386.38m

Dubai_ new Customs duty on international purchases

Dubai levies new custom duty on international shopping over Dh300 from Jan 1

Residents shopping internationally will have to pay 5 per cent import customs duty and 5 per cent value-added tax on purchases

ENOC, AutoPro and Dubai Police collaborate for On the Go initiative

Dubai Police launches fourth phase of ‘On-The-GO’ initiative at ENOC service stations

During the fourth phase, ENOC personnel at service stations will assist motorists in reporting minor accident reports within a few minutes

MMI removes 30% municipality tax on alcohol sales

Dubai: MMI removes 30% municipality tax levied on alcohol sales

This move is in line with the recent directives from the government of Dubai relating to the purchase and consumption of alcoholic beverages in the city

over 2 million rider used public transport during NYE

New Year’s Eve: 2.1 million riders used public, shared transport, reveals Dubai’s RTA

The figure reflects a 33 per cent rise from last year’s number, which was 1,632,552 riders

dsf fireworks

Here’s how Dubai is set to enjoy ‘safe and secure’ NYE celebrations

A total of 10,597 personnel, 5,800 security guards, 1,420 volunteers, 3,651 patrols and vehicles, and 45 marine boats have been deployed across the 30 locations where celebrations and fireworks will take place

fireworks best-new-years-eve-palm-jumeirah-fireworks-2

Top 10 places to watch New Year’s Eve fireworks in Dubai

Here’s our list of the best places in Dubai to watch the fireworks as you say goodbye to 2022 and bring in the New Year

Dubai Chamber of Commerce

Dubai Chamber of Commerce launches Cloud Computing Business Group

The group will enable transparent conversations between members, supporting the sector in advocating beneficial policy changes that will in turn enhance its competitiveness

DXB T3

Holiday travel: Nearly two million passengers expected to pass through Dubai International

Average daily traffic at DXB is expected to reach 245,000 passengers during the holiday season

DubaiNow

DubaiNow app achieves major milestone, exceeds one million users

The unified platform offers users access to several government and private sector services, including bill payments and fines

traffic dubai Police

Dubai Police’s traffic campaigns benefit 10 million people over last three years

Traffic campaigns were carried out last year to raise public awareness of the safety of pedestrians, and the dangers of sudden swerving and speeding, among other topics

Dubai Customs WAM

Dubai Customs’ Air Cargo Centres process 81 billion items in 2022

The items are part of goods that have an estimated value of Dhs875.86bn, including insurance and shipping costs

Dubai leads MENA region on Global Power City Index 2022

Dubai leads MENA region on Global Power City Index 2022

The GCI’s rankings of the top cities in 2022 reflect the self-reinforcing strength of the world’s leading global cities

RTA approves strategic plan 2023-2030 aligned with Dubai Urban Plan 2040

RTA approves strategic plan for 2023-2030

The plan is aligned with the Dubai Urban Plan 2040, Dubai Plan 2030, Dubai Government Directives and the UAE Government Vision, We the UAE 2031

ENOC

ENOC Group opens new service station in this locality in Dubai

The group now operates 177 service stations in the UAE

Dubai Airbnb

Airbnb launches remote working hub in Dubai

Those interested in working and living in Dubai can access the hub for local long-term listings and information on entry requirements and visa policy

Emirates and Gulf Air launch codeshare partnership

Emirates flight from Manchester to Dubai delayed on technical grounds

Affected passengers were provided with assistance

Kenya Airways operates inaugural flight from Mombasa to Dubai’s DXB

The carrier will be operating four weekly flights between Mombasa and DXB’s Terminal 1

Dubai's Emirates adds fourth daily flight to Bangkok

Dubai’s Emirates adds fourth daily flight to Bangkok

The additional flight will be operated by the airline’s Airbus A380

Why Dubai continues to cement its position as a must visit destination?

Why Dubai continues to cement its position as a must visit destination?

We spoke to Fareed Abdelrahman, managing director, Retail Destinations, Dubai Holding Asset Management (DHAM), about changing consumer demands and what they mean for Dubai’s tourism and retail

Kanoo Group

Dubai’s Kanoo Group sees opportunities to invest in India, China

The family-owned company, with interests spanning shipping, real estate, financial services and energy, sees potential in sectors including artificial intelligence and clean energy

In pics: Marriott Hotels unveils first resort in Dubai

The Marriott Resort Palm Jumeirah is spread across 7,000 square metres and features 10 dining concepts

Dubai welcomes 11.4 million international overnight visitors between Jan-Oct

Dubai welcomes 11.4 million international overnight visitors between Jan-Oct 2022

The emirate’s average hotel occupancy in the first 10 months of the year stood at 71 per cent

UAE's AMEA Power to build 120MW solar project in South Africa

UAE’s AMEA Power to build 120MW solar project in South Africa

The project will sell electricity to state utility, Eskom, under a 20-year power purchase agreement

Dubai announces programme to certify delivery riders

Dubai announces programme to certify delivery riders

The initiative aims to improve the performance of delivery motorbike riders

Digital Economy Court

DIFC’s Digital Economy Court unveils new specialised rules

The new rules will facilitate efficient and modern resolution of digital economy disputes, standardising the use of smart forms to provide information through artificial intelligence driven platform

In line with Dubai’s drive to become the world’s smart mobility hub, Dubai South today signed a memorandum of understanding (MoU) with Evocargo for the launch of the UAE’s first autonomous vehicle trials for cargo at the master development’s Logistics District. The trials will see EVO.1, Evocargo’s unmanned electric logistics vehicle, navigate Dubai South’s Logistics District from December until February 2023. A key objective of the trials is to enable Evocargo to modify and redesign EVO.1 specifically for the MENA region. During the trial period, a remote operator will be stationed onsite in the Control Centre to manage the platform. The centre, located in Dubai South’s Logistics District, includes a software suite to monitor the EVO.1’s operation, check the serviceability of the sensors, and identify any errors. Mohsen Ahmad, CEO of the Logistics District – Dubai South, and Andrey Bolshakov, Founding CEO, Evocargo, attended the MoU signing ceremony. Dubai South is the emirate’s largest single-urban master development focusing on aviation, logistics and real estate. The Dubai-headquartered Evocargo is a logistics service provider that develops and provides electric autonomous transportation platforms. Dubai is a global logistics hub with an unrivalled freight capacity and connectivity. Perfecting electric and driverless truck technology for the region will help it further reduce its carbon footprint and reinforce the city’s green credentials. Unlike other cities’ and countries’ initiatives that focus solely on enabling self-driving private vehicles, Dubai’s Self-Driving Transport Strategy is multimodal and encompasses targeting all seven modes of the public transport fleet, including metro, tram, bus, taxi, marine transport, cable cars and shuttle. When fully implemented, the strategy will help reduce transportation costs by 44% or Dh900 million, saving Dh1.5 billion through the reduction of environmental pollution and Dh18 billion through raising the efficiency of the transport sector by 20%. Mohsen Ahmad said: “We are delighted to enter into a strategic agreement with Evocargo to launch the UAE’s first autonomous trials, setting new global benchmarks and consolidating the leadership status of the country’s logistics sector. Besides improving operational efficiency, our partnership will help scale supply chain operations and achieve sustainability. At the Logistics District, we are mandated to support the industry and accelerate the UAE’s rapidly advancing logistics sector.” Andrey Bolshakov said: “This is Evocargo’s first venture into autonomous vehicles in such a global multimodal logistics platform. This trial is a significant milestone for the company as it unlocks opportunities to expand our products in the strategic Middle Eastern and Asian markets.” EVO.1: Effective, Electric, Eco-friendly The lifting capacity of the driverless platform is 2 tonnes, and it can accommodate up to six EUR-pallets moving at 25 km/h for up to 200km. Charging a vehicle for a full day’s operation takes 40 minutes to six hours, depending on the outlet. The security system of the EVO.1 platform has four tiers: the computer vision of the space around the vehicle, an automatic diagnostic system, a remote-stop system, and a standby pneumatic braking system. Effective fleet management of EVO.1’s automatic pilot systems increases the efficiency of freight transportation while significantly reducing truck downtime. Robotisation and using electricity and hydrogen fuel cells instead of conventional fuel offer cost efficiencies. Evocargo has 37 protected inventions and technologies. Evocargo’s patents cover algorithms for visual positioning, automatic mapping, the calibration and integration of sensors and cameras, methods for selecting safety speeds, and the parameters for dynamic models.

UAE to trial first driverless truck

The trials will see Evocargo’s unmanned electric logistics vehicle navigate Dubai South’s Logistics District until February 2023