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 […]
UAE approves 2024-2026 federal budget of Dhs192bn
The UAE has approved the federal budget for 2024-2026 worth Dhs192bn ($52.3bn), according to the state-run news agency, WAM. The federal budget estimates expenditures of Dhs64.1bn in 2024, up 1.6 per […]
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 […]
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 […]
Sovereign wealth fund ADIA optimistic on equities, private credit after turbulent 2022
Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) said it was optimistic about public equities for 2023 after last year’s market rout, driven by high inflation and rising interest rates, […]
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 […]
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 […]
Dubai’s DP World invested $6bn to become supply chain giant
DP World invested more than $6bn to evolve into a comprehensive supply chain player, as the company capitalised on the slow evolution of the supply chain industry to invest in […]
Flydubai will launch services to Langkawi and Penang
Dubai-based carrier flydubai will launch a daily service to Langkawi and Penang in Malaysia beginning next year. Flights from Dubai’s Terminal 3 to Penang International airport (PEN) and Langkawi International […]
UAE’s ADNOC awards multibillion gas expansion contracts
UAE’s ADNOC Group has awarded contracts worth $16.9bn to develop an offshore natural gas field that will operate with net zero carbon dioxide emissions. The two engineering, procurement and construction […]
