#Dubai

UAE’s DMCC records 665 new company registrations in Q1 2022

It the best first quarter since the inception of the freezone in Dubai 20 years ago

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Dubai-based Tradeling partners with Hong-Kong’s electronics manufacturer Astrum

Tradeling will be the exclusive distributor of Astrum’s goods in the MENA region

Dubai utility surges after pulling off year’s second-biggest IPO

The IPO valued DEWA at $33.8bn

How the 2022 edition of the Dubai International Boat Show elevated the global yacht industry

The Dubai International Boat Show which took place last month highlighted the resilience of an industry that fought its way through a difficult two-year period to come out stronger than ever on the other side

Dubai

Dubai issued 24,662 new business licences in Q1 2022, up 58% y-on-y

Fifty-seven per cent of the new business licences issued were under the professional category and 43 per cent were commercial

Interview: Nour Sabri, founder of BorrowMe, on why renting items is good for the planet

Sabri shares what inspired him to set up the business, which enables people in the UAE to rent almost anything they need instead of buying it

In pics: Dubai’s most expensive residential villa on Palm Jumeirah

The ten-bedroom property with its private beach has just sold for Dhs280m

Dubai’s DEWA raises $6.1bn in EMEA’s biggest IPO since 2019

The stock is expected to start trading in Dubai around April 12

Dubai’s Emirates to ramp up services to Mauritius

The carrier is currently in its 20th year of operations to Mauritius

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

Sheikh Mohammed issues new law regulating provision of digital services in Dubai

Government bodies and judicial authorities as well as non-government entities in Dubai are required to provide digital services to their customers

Expo 2020 Dubai

Over 24 million visits recorded at recently concluded Expo 2020 Dubai

Arrivals at Dubai International Airport recorded growth of 12.7 per cent in 2021 compared to 2020

Data streaming platform Confluent opens Middle East headquarters in Dubai

The channel is an integral part of the company’s go to market strategy in the UAE

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Dubai’s DP World launches e-commerce platform in Tanzania

The latest expansion of dubuy.com follows launches in Kenya and Rwanda last year

Dubai, UAE Burj Khalifa

The first-ever Michelin Guide Dubai will debut this June

Dubai becomes the 36th destination globally, and the first within the Middle East, for the Michelin guide to be present within

Dubai’s DEWA increases stake size from 6.5% to 17% in IPO

DEWA is expected to list on the Dubai Financial Market on or around April 12, 2022

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Dubai imported 7.9 million tonnes of food in 2021

It included 286,673 food shipments and over 1.7 million food products

Dubai leads MENA region on Global Power City Index 2022

Crypto.com, Bybit announce plans to set up operations in Dubai

Bybit will move its global headquarters to the emirate, with operations starting as early as next month

World Government Summit 2022: Dubai announces plan to enter metaverse

The metaverse could provide nearly $800bn in revenue by 2024

Dubai attracts 57% of scaleup funding in MENA region – report

Scaleups in the UAE raised $5.4bn as of December 2021

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Dubai: No more paid parking exemption on Fridays

The latest directive means that the parking fee exemptions previously available on Fridays will now be available on Sundays

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Dubai’s Emirates announces revised schedule for flights to India from April 1

The airline will revert to its pre-pandemic frequency, operating 170 weekly flights to nine cities in the country

Expo 2020

Expo 2020 Dubai: Closing ceremony to feature Christina Aguilera and Norah Jones

There will be over 20 giant screens set up across the Expo 2020 Dubai site, and the ceremony will also be streamed live on Virtual Expo and Expo TV

Bunty Monani Zofeur

The SME Story: Bunty Monani, founder and CEO of Zofeur

A pay-per-minute chauffeur service aims to fill a unique gap in the market

Dubai

Dubai to get new entity to protect consumer rights, ensure fair trade

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has directed the establishment of the entity

Cybersecurity firm Dragos announces opening of Dubai office

The office houses industrial cybersecurity staff and training centre

UAE’s DEWA IPO subscription period opens today

The price range is set between Dhs2.25 and Dhs2.48 per share, implying a market capitalisation of between Dhs112.5bn and Dhs124bn

Ammar Al Malik

Why Dubai has become an ideal incubator for startups

The emirate’s strategic location has created a fertile landscape for entrepreneurs and startups within the region

Dubai’s Shuaa Capital launches $250m venture debt fund

The fund claims to be the largest venture debt fund in the GCC

Dubai’s Emirates to boost services to Melbourne

The carrier’s Australian operations will increase to 42 weekly flights

Dubai’s Shuaa Capital acquires majority stake in Souqalmal

Shuaa joins existing investors Riyad Capital and UK comparison website GoCompare