DSO bags 4 accolades from fDi’s Global Free Zones awards 2023
Dubai Silicon Oasis (DSO), the economic zone for knowledge and innovation and a member of the Dubai Integrated Economic Zones Authority (DIEZ), has received four accolades from Financial Times’ fDi Magazine Global Free Zones of the Year Awards. The awards are the Global Free Zone of the Year for SMEs, the Middle East Free Zone […]
DGCX launches GCC’s 1st Shari’ah Compliant Silver Spot Contract
The Dubai Gold & Commodities Exchange (DGCX), the largest and most diversified derivatives exchange in the Middle East, has launched GCC’s first Shari’ah Compliant Silver Spot Contract (DSSC), to provide investors with a reliant and transparent platform for trading the white metal. Having received regulatory approval from the UAE Securities and Commodities Authority (SCA), the […]
Moro Hub partners with Dubai Healthcare City Authority
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority, has entered into a strategic collaboration with Dubai Healthcare City Authority (DHCA), the governing body of Dubai Healthcare City (DHCC), to offer its Integrated Physical Security Platform (IPSP) solutions. This achievement marks a significant leap forward in healthcare security […]
Dubai Electronic Security Centre upgrades RZAM cybersecurity app
The Dubai Electronic Security Center (DESC), one of the entities under the Digital Dubai umbrella, has announced new features and updates to the RZAM cybersecurity application, which was launched during the Gulf Information Security Expo and Conference (GISEC) exhibition in March 2023. RZAM application is a web browser extension that continually assesses each webpage for […]
DHL to acquire remaining shares in Danzas AEI Emirates
DHL Global Forwarding (DHL) has signed an agreement to acquire the remaining shares in Danzas AEI Emirates from Investment Trading Group. Both entities have been managing the company through a joint venture since 1995, with Investment Trading Group holding 60 per cent of the shares. A logistics and transport services provider for Dubai and the […]
Dubai Municipality launches world’s first 3D printing certification for construction industry
Dubai Municipality has launched the world’s first system for 3D printing certification and conformity in the construction industry, reported state news agency WAM. The step plays a pivotal role in advancing Dubai’s leading position as the world’s first city to adopt a conformity marking strategy for 3D printing used for construction and regulate this cutting-edge and […]
Lulu opens 72,000 square feet hypermarket in Dubai Mall
Lulu Group, a prominent retail chain, marked its expansion by opening a new branch at the iconic Dubai Mall on Monday. Covering a sprawling 72,000 square feet, this state-of-the-art outlet aims to cater to the needs of millions of visitors to the mall. This latest addition has increased Lulu Group’s store count in Dubai to […]
Expand North Star 2023: A global stage for startups at Dubai Harbour
The surge in international demand has rallied the world’s largest tech and start-up event to scale even higher and bigger in 2023, spearheading a global tech takeover across two Dubai mega venues next month. The 43 rd edition of GITEX GLOBAL will take place from October 16-20, the blockbuster tech showpiece once again reaching full […]
Dubai attracts greenfield FDI capital of $5.7bn in H1 2023
Dubai reported a 70 per cent year-on-year growth in total foreign direct investment (FDI) projects in the first half of 2023, according to Financial Times ‘fDi Markets’ data, with greenfield FDI projects accounting for 65 per cent of the total. The emirate attracted 511 greenfield projects and climbed to sixth position in FDI capital attraction, […]
DIFC unveils five-year innovation strategy for financial services
Dubai International Financial Centre (DIFC) and Refinitiv have revealed a five-year outlook for innovation in the financial services industry. Following the initial wave of innovation sparked during the pandemic, the global financial services industry continues to see major transformations. Tailored to the evolving preferences and expectations of customers and clients, the high demand for convenient […]