New phase of $108m Al Mamzar Beach project
Dubai Municipality has awarded contracts for the second phase of the Al Mamzar Beach Development Project. Spanning 125,000 sq. metres, it is expected
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Real Estate
Economy
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Dubai tops region in Global Power City Index
Dubai has ranked first in the Middle East and eighth globally in the new 2024 Global Power City Index (GPCI). The index was
Entrepreneur
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Qatar’s Digital Lab enables blockchain collabs
A new collaboration at the Digital Assets Lab at Qatar Financial Centre aims to make distributed ledger technologies (DLT) accessible to organisations worldwide.
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Could Al Ajban Solar Plant become world’s largest?
As part of the UAE Energy Strategy 2050, Al Ajban is poised to become one of the world’s largest single-site solar facilities, a
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Real Estate
Dubai real estate market breaks key records
Dubai’s real estate sector has achieved a historic milestone in 2024, with a record 180,900 transactions totalling $142bn. This marks a 36% increase
Economy
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ADGM cuts commercial license fees
The Abu Dhabi Global Market (ADGM) has announced a major reduction in commercial license fees effective 1st January 2025. The new fee structure,
Economy
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50,000 new companies join Dubai Chamber of Commerce
Dubai’s appeal as a hub for regional and global investors continues to grow with a report showing that a total of 51,561 new
Entrepreneur
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Startup
SVC Invests in $150m Global Ventures III Fund
Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund managed by Dubai-based Global Ventures, with
Economy
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Non-oil sectors contributed 75% to UAE GDP in H1 2024
The drive towards a diversified economy took a new leap last year. A report just published from the UAE Ministry of Economy has
Entrepreneur
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Startup
New opportunity for Abu Dhabi social tech startups
Abu Dhabi’s global tech ecosystem Hub71 has signed a Memorandum of Understanding (MoU) with the emirate’s Authority of Social Contribution – Ma’an as