Over 70% units of St Regis residential tower in Dubai sold out

UAE brokerage Driven Properties has announced that it has received an overwhelming response from investors for its 232-unit residential tower – St Regis Residences, Financial Center Road, Dubai – with 70% of all the units sold out within the first hour of its launch, netting over AED1 billion ($272.2 million) in sales. The event was […]

Jafza records 30% growth in new customer registrations in 2022

  DP World’s Jebel Ali Free Zone (Jafza) witnessed the highest customer registrations in a decade, marking a 30 percent year-on-year growth, and taking the total number of companies to over 9,500 in 2022. The Free Zone zone has created unparalleled opportunities in a variety of sectors through end-to-end logistics solutions, digital trade platforms and […]

UAE astronaut Sultan AlNeyadi posts first selfie from space

Emirati astronaut Sultan AlNeyadi is soaring. Literally. Nearly a week after docking on the International Space Station (ISS), he posted his first selfies with Earth on Wednesday. Wearing a blue T-shirt with the Mohammed Bin Rashid Space Centre logo, AlNeyadi can be seen smiling as planet Earth glows blue and white below him. “Salute from […]

EDGE to establish joint research and development centre

  EDGE’s GradeOne, a defense trading specialist concentrating in manufacturing non-lethal pyrotechnics, ammunition, defense-related components and packing solutions, signed a Memorandum of Understanding (MoU) with UAVOS, a developer and manufacturer of advanced unmanned systems, to create a joint research and development, production and commercialisation centre for autonomous solutions and weapon systems. As per the MoU, […]