#Dubai

Dubai introduces Dhs20,000 for drivers fleeing accident scene

Dubai: Drivers fleeing accident scene face Dhs20,000 fine

The authority’s accident investigation experts use innovative technologies to identify accident causes and track down offenders

Dubai Public Prosecution enables smart Fine payment service

Dubai Public Prosecution launches fine payment service, enables travel ban to be lifted automatically

The service enables parties in a criminal case to pay the issued fine and automatically have their travel ban lifted after the court’s verdict is issued

Dubai GDP

Dubai’s GDP grows 2.8% in Q1 2023 to reach Dhs111.3bn

The city’s growth in the first quarter of 2023 significantly outpaced the growth rates of some of the most developed nations worldwide

Dubai Chamber attracts 50 SMEs to Dubai in H1 2023

Dubai Chamber welcomes 50 SMEs to Dubai in H1 2023

The chamber opened six new international representative offices during the first half of the year, bringing the total number to 21

Neweast to set up auto parts hub in Jafza Image Jafza/ DP World

Neweast to establish Dhs500m auto parts distribution hub in Jafza

Neweast’s strategic hub in Jafza will support order fulfillment and delivery in the region for more than 160 premium aftermarket brands

Dubai Taxi corporation

Dubai Taxi Corporation launches digital transformation strategic plan 2022-2025

The strategy seeks to accomplish a host of strategic goals highlighted by digital mobility, excellent operation, financial sustainability, people’s happiness and shaping the future

Dubai Police adds Mercedes EV SUV to fleet Image Dubai media Office Dubai Police twitter

Dubai Police has added this new luxury EV to its fleet

The luxury EV features a 516hp dual-engine capable of accelerating from 0-100kmph in just 4.3 seconds

RTA picks banks for taxi and parking IPOs-image-RTA-twitter

Dubai’s RTA selects banks for taxi and parking IPOs

The government reportedly plans to sell shares in the taxi business as soon as this year, while the parking unit’s listing is slated to follow next year

pedestrian crossing

Find the latest AI-powered smart pedestrian crossing in this Dubai community

The system’s AI algorithms are designed to detect and track vehicles and other road users approaching the pedestrian crosswalk

Nomura

Nomura’s digital-asset subsidiary gets full Dubai crypto licence

Laser Digital Middle East will be able to offer virtual asset broker-dealer and investment management services locally

Mirabaud

DFSA fines bank Mirabaud $3m for anti-money laundering controls failings

The penalty includes disgorgement of $975,000, reflecting the economic benefit Mirabaud gained from its violations in the form of fees and commissions

nol pay

Dubai’s RTA updates nol Pay app with 4 new features

The official payment platform seeks to improve the transportation experience in Dubai for residents, visitors and tourists

Aldar boosts education portfolio investment to $368m

Aldar boosts investment in education portfolio to $368m

The expansion plan includes the establishment of Cranleigh Bahrain and the acquisition of Kent College Dubai and Virginia International Private School in Abu Dhabi

RTA reveals rider figures for H1 2023 dubai metro Image RTA

Dubai: 337 million commuters used public transport in H1, reports RTA

Dubai Metro ridership on both the Red and Green Lines hit 123.4 million riders, with Burjuman and Union stations accounting for the majority of riders

DFM’s H1 2023 profit jumps 77% to Dhs112.2m

Dubai Financial Market reports Dhs112.2m half-year profit, up 77%

The DFM General Index posted impressive growth of 14 per cent, closing at 3,972 points while market capitalisation soared to Dhs652bn

DIFC innovation Hub launches FinTech Accelerator Programme 2023 Image Dubai Media Office DIFC

DIFC Innovation Hub kicks off FinTech Accelerator Programme 2023

A total of 20 startups will be onboarded during the ninth edition of the programmen

Dubai properties DLD registers transactions worth $77bn in H1 2023 Image Dubai Media Office

Dubai properties: Transactions hit Dhs283bn in H1 2023; DLD reveals top 10 areas

Nine real estate projects worth Dhs4.06bn were completed in H1 2023, according to the Dubai Land Department

Dubai Government mulls implementation of Common Law in Free Zones Dubai Airport Free Zones Image Dubai Media Office

Dubai explores implementation of common law in free zones

This potential adoption aims to bolster the emirate’s appeal for investors and Dubai’s global competitiveness

Dubai Chamber expands global reach with Vietnam office

Dubai Chamber expands global footprint with Vietnam office

The office will support and guide Dubai-based companies seeking to expand into Vietnam throughout every stage of their international expansion

DIFC Courts sets new record with AED 15 billion in claims in H1 2023 Image: DIFC Courts

DIFC Courts reports Dhs15bn in claims value in H1 2023

There was an increase in the total number of cases across all divisions, with 455 cases filed

DEWA joins CharIN to advance green mobility

DEWA bolsters commitment to green mobility by joining CharIN

The membership allows DEWA to actively participate in establishing industry standards for electric vehicle charging systems

Here's how many transactions Dubai Customs processed in H1 2023

Dubai Customs reports H1 highlights, processes 14 million transactions

Dubai Customs reported a 10 per cent surge from the 12.7 million transactions registered in the same period last year

You can now use the Careem app to buy cinema tickets across Dubai ImageCcareem

You can now buy movie tickets in Dubai via the Careem app. Here’s how

Customers can search for, select and purchase tickets for movies playing at cinemas in Dubai – all within a few taps

HSBC acts as custodian for debut DFM SLB transaction

HSBC acts as custodian for debut DFM securities lending transaction

The execution of the first international securities lending and borrowing transaction is the latest step in the continued evolution of Dubai’s capital markets

One&Only Za’abeel Dubai (Image: Supplied by One&Only)

One&Only One Za’abeel Dubai to welcome first guests in December

One Za’abeel’s dual skyscrapers are intersected by the world’s longest cantilever, The Link, located a 100 metres above the street

RTA to launch V coded number plates Image RTA

Dubai’s RTA to offer ‘V ‘coded number plates

These plates will be offered through direct sale on RTA’s website and the Dubai Drive app on smartphones  of various operating systems

Biltmore Sufouh Image credit Millennium Hotels and Resorts MEA

Millennium Hotels inks development deal for The Biltmore Residences in Dubai

Set to open in 2025, the 44-floor vertical twirl development will have 408 one, two and three luxurious residences

DEWA urges customers to check water connections regularly

DEWA urges customers to check water connections regularly

The company’s smart app provides a list of technical service providers in the event of internal faults in the building

Sheikh Hamdan reviews Dubai’s H1 2023 economic progress

Sheikh Hamdan reviews Dubai’s H1 2023 economic progress

The city has emerged as one of the world’s safest and most attractive cities to live, visit and work

Dubai Police response rate in q2 2023

Dubai Police answers over 2.1 million calls in Q2 2023, here’s its response time

Dubai Police enhanced their response time, answering 2,143,796 calls within 10 seconds