#Dubai

OKX

Crypto exchange OKX gets Dubai licence, set to open hub in city

OKX has been granted a provisional virtual assets licence to provide services to qualified investors in the UAE

courtesy- WAM

Limo and e-hail sectors record 85% growth in H1 2022: RTA

According to Dubai’s Road Transport Authority, limos and e-hailing vehicles made 6.3 million journeys in the first six months of 2022

AMAF and Awqaf launch endownment projects In Dubai - image- WAM

UAE’s Awqaf, AMAF launch four endowment projects in Dubai worth Dhs56.2m

The new projects located across Dubai will be implemented from the fourth quarter of the year

Airbnb readies $2bn buyback on surge in travel demand

Dubai ranks as 10th best Airbnb destination globally in 2022

According to the latest data from Inkifi, Dubai has 15,948 Airbnb active rentals

Dubai Festival City

Al-Futtaim Group Real Estate to introduce e-bike services in Dubai Festival City

Tier Mobility’s initial fleet of e-bikes, which have pedal assistance up to 25 km/h, will be located at the Marsa Plaza promenade

Dubai ranked among top five global maritime hubs

Dubai ranked among top five global maritime hubs

The ranking is based on the latest findings of the Xinhua-Baltic International Shipping Centre Development (ISCD) Index

Here’s how Right Farm is tackling GCC region’s food security challenges

Founded in 2021, Right Farm uses predictive technology, which is designed to provide a seamless and convenient end-to-end process from farm to table

Dubai

Dubai home sales surge even as prices for larger houses moderate

Prices for villas grew at a monthly rate of 1.7 per cent in June, down from an average of 2.3 per cent per month last year

hybrid work

Key to success: Making hybrid work accessible for everyone

Being competitive and building a resilient workforce requires a commitment to inclusivity, which must be represented in all hybrid work tools

Nasdaq Dubai China

Industrial and Commercial Bank of China lists five bonds worth $2.68bn on Nasdaq Dubai

The note is the first ever carbon-neutrality theme bond issued in the GCC region

Mo’asher

Mo’asher 2022: The latest updates from Dubai’s official residential real estate performance index

In May, Dubai recorded the highest volume of sales transactions for the same month in the past decade, showed data from Mo’asher

Rolls Royce Private Office Dubai

Rolls-Royce opens ‘Private Office’ in Dubai, its first outside the UK

Rolls Royce’s Private Office Dubai is the first among similar facilities planned for luxury destinations around the world

Dubai announces free parking for Eid Al Adha

Paid parking across Dubai will resume on Tuesday, July 12

UAE leaders pardon prisoners

UAE leaders pardon more than 1,600 prisoners before Eid Al Adha

This is an attempt to give prisoners an opportunity to start a new life and alleviate their families’ hardships

Mercer survey employees in technology-

Tech talent earn higher salaries in Dubai than most other global tech hubs, reveals survey

The demand for tech talent in particular will continue to grow in the UAE given the nation’s drive to be a global capital of the digital economy

RTA electric bus

Dubai’s RTA signs agreement to trial eco-friendly electric bus

The trial run will test innovative technologies to enhance the customer service experience and enable the bus to operate as a smart asset

Frankfurt

Dubai’s Emirates to add third daily flight to Frankfurt from July

Emirates will be returning to its pre-2020 schedule at Germany’s largest airport

Costliest places

These are the 50 costliest places for expats to live and work

High rankings for many Asian cities were driven by inflation and strong currencies

Dubai’s real estate sector is evolving post Expo 2020. Here’s why

Despite a year’s delay, the expo event successfully managed to bring the world together in Dubai

Dubai airline agents

Sheikh Hamdan issues resolution cancelling fees levied on Dubai-based airline agents, offices

The new resolution cancels fees levied on airline agents and their branches and airline offices operating in Dubai

Museum of the Future RTA

Museum of the Future, RTA accelerate smart city mobility with strategic partnership

The strategic partnership agreement is signed to deepen collaboration on the future of mobility across cities and communities

Baku

Azerbaijan Airlines upgrades fleet on Dubai-Baku route

The Baku-based airline operates daily flights to Dubai

Emirates

Dubai’s Emirates takes off to Tel Aviv, marks airline’s first passenger flight to Israel

Emirates flight EK931 departed with 335 passengers

DXB passengers

Dubai’s DXB to welcome 2.4 million passengers from June 24 until July 4

July 2 is expected to be the busiest day, with daily passenger traffic to surpass 235,000

Emirates Mexico

Dubai’s Emirates ramps up frequencies to Mexico with daily service

The Dubai-Barcelona-Mexico route is operated with a two-class Emirates Boeing 777-200LR

banke international Properties

Banke International Properties’ Porush Jhunjhunwala on opportunities for investors in UAE’s real estate sector

The CEO of the Dubai-based property firm showcases his company’s operations and expansion, and the UAE’s thriving real estate market

Expensive city

Dubai ranks 14th most expensive city worldwide for ultra-wealthy

Shanghai ranked as the most expensive city in the world for high-net-worth individuals

UAE

UAE weather update: Temperatures to hit 49°C over the weekend

The UAE recorded its lowest temperature of 24.1°C in Raknah (Al Ain) at 6am local time today

Coinmena

Digital asset exchange Coinmena receives provisional licence from Dubai’s VARA

This will allow it to continue operating in Dubai while it completes the in-depth process of applying for a licence, as required by VARA

Dubai sales transactions

Dubai records decade-high real estate sales transactions in May 2022

The emirate’s real estate market recorded a total of 6,652 sales transactions in May