#Dubai

Binance regulatory

Crypto exchange Binance gets French regulatory nod in European push

The regulatory nod will help boost the company’s ambitions in Europe and marks the exchange’s first major approval from a G-7 member nation

union properties

Shareholders of Dubai developer Union Properties approve continuity of company

The company board affirmed its support for legal action against the previous management

Dubai

Dubai saves 2.2 TWh of electricity, 5.6 billion gallons of water in the past decade

Savings in the commercial sector between 2012 and 2021 amounted to 1.3 TWh of electricity and 2.5 billion gallons of water

Museum of the future

Emirates unveils Dubai’s Museum of the Future livery on A380s

The airline will unveil the special livery on a total of 10 A380 aircraft, which will in turn fly to around 30 destinations over the coming year

Dubai's Virtual asset

Dubai’s Virtual Assets Regulatory Authority enters the metaverse with Sandbox HQ

As the world’s first regulator to make its debut in the metaverse, VARA aims to ensure that the regulator is accessible to its industry in their environment

adrian bosshard rado ceo

Rado CEO Adrian Bosshard on why the Middle East remains a key market for the Swiss watchmaker

Rado recently opened a new boutique in Dubai’s bustling Al Fahidi Street located in Meena Bazaar, its sixth store in the UAE

Dubai Robotic

Dubai to open UAE’s first robotic biobank in 2023

A biobank is a place to store all types of human biological samples, such as blood, tissue, cells, or body fluids

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council

Sheikh Hamdan approves launch of Dhs370m Venture Capital Fund for Startups in Dubai

It will be governed by the Dubai International Financial Centre, which is also a 15 per cent contributor to the fund

freezones

Contribution of Dubai freezones to emirate’s GDP to reach Dhs250bn by 2030

The projections were made during a meeting of the Dubai Free Zones Council chaired by Sheikh Ahmed bin Saeed Al Maktoum

E-Scooter permits

RTA to open online applications for e-scooter permits in Dubai

The applicant should not be under the age of 16 and will need to undergo a training course on the RTA’s website

Emirates to add extra flights

Dubai’s Emirates to add extra flights, more seats across GCC, Middle East

Customers can purchase tickets on the carrier’s website, at its sales offices or via travel and online travel agents

New Takaful provider

Dubai, Abu Dhabi companies to merge to create new Takaful provider

The merged company would benefit from cross-selling opportunities via increased geographic footprint and via capitalising on larger underwriting capacity

Eid Al Fitr holidays for schools

Eid Al Fitr holidays announced for schools across Dubai

Schools in the emirate will remain closed from Monday, May 2 until Sunday, May 8

Expo 2020 dubai sme

Expo 2020 Dubai awarded SMEs contracts worth Dhs6.8bn

It represents over a quarter of all Expo 2020 Dubai contracts in terms of value

damac metaverse

UAE’s Damac Group to invest $100m in metaverse project

Damac has established a new division called D-Labs which is led by Ali Sajwani and dedicated to the metaverse initiative

by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed approves Dhs6.3bn housing package for Emiratis in Dubai

The development of a new housing complex in Al Khawaneej area 2, which will include 1,100 residential villas, was also approved

Flydubai suspends flights to Sri Lanka till end of August

Budget carrier flydubai restarts flights to Saudi Arabia’s Ha’il and Tabuk

The resumption of these flights will take flydubai’s network in Saudi Arabia to ten destinations, including Dammam, Gassim, Jeddah, Taif and Riyadh

Dubai

Watch: Trailer of new documentary that chronicles Dubai’s fight against Covid-19

The first segment of the two-part documentary will air on Discovery on May 7

DCT Abu Dhabi

Dubai’s Emirates increases flights to Algeria

The carrier will utilise its Boeing 777-300ER aircraft between Algiers and Dubai

Equiti metro station dubai

RTA rebrands Umm Al Sheif metro station in Dubai

It has granted Equiti Group naming rights of the station for the next 10 years

Seven Century Real Estate Brokers’ Naghmeh Sheikholeslami on the quarter’s key property trends

The CEO of Seven Century Real Estate Brokers, one of the top five DLD gold-ranked agencies in Dubai, shares how her company is leveraging the latest property trends

Dubai-based Stake hosts MIT student team for six-month project

The project will entail developing a analytics model that will collect historical market data on Dubai’s residential market dating back over 10 years

Dubai, Abu Dhabi office rents recovering to pre-Covid levels: Knight Frank

The recovery is led by Business Bay in Dubai, where average office rents have climbed from Dhs76 per sq ft in Q1 2020 to Dhs101 per sq ft at present

Dubai roads

Dubai’s RTA endorses five-year sustainability plan

The plan includes 20 projects across categories such as environmental leadership, community leadership and economic prosperity

Dubai Courts

New dedicated court in Dubai to handle inheritance cases whose value exceeds Dhs500,000

The entire litigation process and ruling must typically be executed within 12 months of the case being filed

Dubai: Private school enrolment crosses 300,000 students for the first time

There was 4.9 per cent enrolment growth since September last year in Dubai’s private school sector, which has 215 schools

Bedu

Dubai-based metaverse solution provider Bedu launches operations

Bedu was formed to bring expertise and investment from around the world to the UAE to accelerate the realisation of the vision for Web3, blockchain, NFT

The SME Story: Ian Ohan, founder and CEO of Locale

Locale allows foodpreneurs to thrive and reconnect with the communities in which they operate

Dubai’s Emirates to launch NFTs, experiences in metaverse

The first projects are underway, with launch anticipated in the coming months

Emirates launches platform to book bespoke Dubai, UAE itineraries

The carrier’s Dubai Experience platform is available in 19 countries