Based on the final offer price, the company’s market capitalisation upon listing is expected to be approximately Dhs4.6bn
These new projects will streamline transportation within Dubai, enhance the travel experience at Dubai’s airports and establish a robust healthcare system
Family-owned businesses comprise a majority of the UAE’s private sector and significantly contribute to Dubai’s non-oil GDP
The initiative is expected to achieve annual financial savings exceeding Dhs1bn over the next five years and the elimination of nine million physical customer visits to service centers annually
Three new chambers of commerce will be created and the five-year plan seeks to increase Dubai’s foreign trade from Dhs1.4 trillion to Dhs2 trillion
Nature reserves and rural natural areas will constitute 60 per cent of the emirate’s total area, while land used for hotels and tourist activities will increase by 134 per cent
The total stimulus provided to the emirate’s economy since the start of the pandemic has risen to Dhs7.1bn
Dubai Nuclear Energy Committee, Awqaf and Minors Affairs Foundation, Dubai Real Estate Institute and Dubai Institute for Human Resource Development fall under the ambit of the new laws
There were 91 per cent of respondents who approved of the effectiveness of the national sterilisation programme, while 88 per cent were satisfied with the testing measures in place