Elon Musk announces ‘Dubai Loop’
Dubai is set to revolutionise urban transport with the introduction of an underground high-speed transit network, dubbed the ‘Dubai Loop’.
Economy
Entrepreneur
News
Economy
News
Dubai sets record for electricity efficiency
Dubai Electricity and Water Authority (DEWA) has recorded the world’s lowest electricity Customer Minutes Lost (CML) in 2024. The authority reported 0.94 minutes of downtime per customer, underscoring its commitment to delivering top-tier service and operational efficiency.
Economy
News
Google’s Sundar Pichai at Dubai Summit
Speaking at the World Government Summit in Dubai, Google CEO Sundar Pichai said that AI will create many new job opportunities, dismissing concerns that the new technology will have the opposite effect.
Economy
Entrepreneur
News
Startup
Saudi Central Bank approves new fintechs
The Saudi Central Bank (SAMA) has granted approval for four fintech startups to trial their solutions within its Regulatory Sandbox, furthering efforts to drive innovation in the financial sector. The newly approved companies cover areas including open banking and peer-to-lending.
Economy
Entrepreneur
News
GCC’s Unipal secures pre-Series A funding
Unipal has successfully closed its pre-Series A funding round. The investment in the GCC youth benefits platform was led by Plus VC, with contributions from Al Jazira Capital, RZM Investments, Falak Angels, Doha Tech Angels, and others.
Economy
Entrepreneur
News
New UAE blue visa for eco leaders
The UAE has launched the first phase of its blue visa system, a 10-year residency visa aimed at individuals making significant contributions to environmental sustainability.
Economy
News
Emirates adopts Airbus predictive maintenance
Emirates has entered into an agreement with Airbus to implement the Skywise Fleet Performance+ predictive maintenance and fleet health monitoring system, alongside the Core X3 analytics platform.
Economy
News
UAE to deploy 500 EV charging stations in 2025
The UAE will install over 500 electric vehicle (EV) charging stations by the end of 2025 as part of its commitment to sustainable mobility and carbon reduction.
Economy
News
RIT Dubai and W Motors in new partnership
Rochester Institute of Technology (RIT) Dubai has partnered with W Motors to drive innovation in mobility through collaborative initiatives in education and research.
Economy
News
MoU strengthens US-Dubai trade ties
Dubai Chambers has signed a memorandum of understanding with the US Chamber of Commerce to enhance trade relations and create stronger economic ties between their respective business communities.