#Dubai

Komainu

Komainu secures MVP licence from Dubai’s Virtual Assets Regulatory Authority

The company can now offer an approved range of virtual asset related services to institutional investors in Dubai

cycling tracks

Dubai’s RTA to push total length of cycling tracks to 819km by 2026

The Roads and Transport Authority has awarded a contract for the construction of cycling tracks at Al Khawaneej and Mushrif

Dubai

Dubai Future Academy announces the launch of three digital courses

The courses are free of charge, self-paced and available globally

Dubai's Emirates expects huge inbound traffic surge, starting Nov 19

Dubai’s Emirates expects huge inbound traffic surge, starting Nov 19

Dubai will witness a surge in inbound traffic, as visitors travel to attend sporting events as well as for the festive season

Taaleem

Dubai school operator Taaleem’s IPO draws $3.7bn in orders

Taaleem’s shares are due to start trading on November 29

SunExpress launches direct flight between Dubai, Izmir

This is the second Turkish route the carrier now operates into Dubai International

Dubai to operate 12,000 taxis, 60 buses, over 1,300 metro trips to facilitate mobility during World Cup

Dubai to operate 12,000 taxis, 60 buses, over 1,300 metro trips to facilitate mobility during World Cup

The transit modes will help transport fans across Dubai as well as those travelling to Qatar to attend the tournament

Empower

Empower rises in Dubai trading debut after $724m IPO

Empower is Dubai’s fourth privatisation in recent months

Number of private schools in Dubai rises to 216

2022-23 academic year: Number of private schools in Dubai rises to 216

More than 326,000 students now attend Dubai’s private schools, representing a total of 187 nationalities

DEWA

Dubai’s DEWA reports 21% rise in net profit for Jan-Sep 2022

By the end of the third quarter, DEWA served 1,143,153 customers, representing a 4.89 per cent year-on-year increase

FY 2022-23: Dubai's Emirates records $1.2bn in half-year net profit

FY 2022-23: Dubai’s Emirates records $1.2bn in half-year net profit

The group’s revenue stood at $15.3bn for the first six months of 2022-23, up 128 per cent from $6.7bn last year

empower Dubai

Empower IPO raises over Dhs2.6bn

Upon listing, Empower will become the world’s largest district cooling services provider on a stock exchange

Emirates and Gulf Air launch codeshare partnership

Emirates and Gulf Air launch codeshare partnership

Emirates currently has codeshare cooperation agreements with 26 airline partners and two rail companies around the world

All parking tickets in Dubai are now electronic

All parking tickets in Dubai are now electronic

RTA has fitted the parking machines with touch screens, which enables the entry of vehicle details

Mubadala Health Dubai, Jumeirah 1

Mubadala Health opens multi-specialty day surgery and outpatient clinic in Dubai

The state-of-the-art facility includes 96 consultation rooms, four operating rooms and two endoscopy suites, among other offerings

oro24 ATIF Rehman

Cover story: ORO24 Developments’ Atif Rahman talks about building on big dreams

The founder and chairman of the UAE-based real estate firm tells Gulf Business why curating a people-centric business is key to success and why he is passionate about developing communities

Dubai’s Emirates resumes flights to Rio de Janeiro, Buenos Aires

The four-times weekly flights from Dubai to Rio de Janeiro with onward service to Buenos Aires will operate as EK247/EK248

Empower reports robust growth of 41.3%

Dubai seeks to raise $362m from district cooling firm IPO

Empower will start taking investor orders for the IPO from Monday, with final pricing scheduled for November 9

Internet

Navigating the new, bold era of 3D Internet

As the technology matures, the metaverse will become a seamless extention of our physical world, giving us new methods to carry out all of our daily activities

TECOM Group Dubai-Internet-City-7

Tecom group’s net profit for first nine months rises by 51% to Dhs639m

Occupancy levels for its commercial and industrial assets were 83.5 per cent, registering the third sequential growth and a significant increase from the previous year

Emirates NBD

Emirates NBD reports 25% rise in net profit for first nine months of 2022

The lender posted total income of Dhs22.7bn, rising 31 per cent year-on-year

Netflix's new reality show Dubai Bling to start from October 27

Netflix’s new reality show ‘Dubai Bling’ to start from October 27

Dubai bling follows the stories of ten self-made millionaires living lavish livestyles in Dubai

Dubai

Dubai traces a digital path towards a smart future

The Digital Dubai initiative represents a vision to recreate the traditional top-bottom city management model into one that is representative and sustainable

Dubai district cooling firm Empower to sell 10% stake in IPO

The firm has said it expects the minimum dividend to remain at $231m annually for two years after the IPO

Global Village

Dubai’s RTA to resume four bus routes for Global Village’s 27th season

Global Village will open for visitors on Tuesday, October 25

Emirates activates codeshare, interline agreements with Batik Air

Dubai’s Emirates announces codeshare, interline agreements with Batik Air

The partnership expands connectivity for Emirates customers with access to 25 Indonesian points on a single ticket and one baggage policy

Dubai's DFSA partners with Thai Securities and Exchange Commission

Dubai’s DFSA partners with Thai Securities and Exchange Commission

The agreement provides a framework for further co-operation between the two authorities on regulation, policy and trends in financial services and markets

HSBC expands private banking in UAE to tap growing millionaire base

The new private bank will cater to the needs of clients with investable assets of over $2m

Flydubai to launch twice-weekly service to Osh in Kyrgyzstan

Flydubai to launch twice-weekly service to Osh in Kyrgyzstan

The addition of flights to Osh makes it the second point in Kyrgyzstan including the capital, Bishkek

Alma Health launches in Dubai

Healthtech startup Alma Health expands services to Dubai

Alma Health is fully licensed as a healthcare provider by the departments of health in Dubai and Abu Dhabi, and by the Ministry of Health in Egypt