Jumeirah Group has announced three major developments in Dubai. The new additions include a hotel and two residential projects, reflecting a strategic focus on boutique properties and branded residences. Leading the expansion is Jumeirah Asora Bay, a hotel/residence development set on the La Mer South peninsula. Scheduled to open in 2029, the coastal retreat will
The UAE is set to launch its first dirham-backed stablecoin in a joint initiative by IHC, ADQ, and First Abu Dhabi Bank (FAB), with full regulation from the Central Bank of the UAE (CBUAE). Once approved, the stablecoin will support seamless digital transactions across the UAE and beyond.
Events and festivals are a major catalyst of socio-economic growth, according to experts speaking on day one of the Arabian Travel Market (ATM) 2025 that has opened at the Dubai World Trade Centre and will conclude on May 1 2025.
The Advanced Technology Research Council (ATRC) has partnered with the UAE Public Prosecution to announce the premiere of the Governance of Future Technologies Summit, set to be held on 5 - 6 May 2025.
Mada Media’s is launching a unified electronic platform aimed at streamlining permit applications across the Dubai. The new platform centralises all advertising categories, including roadside spaces, public transport networks, commercial vehicles, private property and buildings.
Dubai will host a major international gathering in 2026 bringing together global AI thought leaders from a range of disciplines including academia, technology, and business.
Dubai is set to become the launchpad for a new AI trade and investment hub, following a strategic partnership between the Dubai Centre for Artificial Intelligence (DCAI) and the South African Artificial Intelligence Association (SAAIA). The initiative aims to boost cross-border collaboration and create fresh opportunities for AI startups and investors across EMEA.
Real estate activity across the GCC surged in the first quarter of 2025, with total transactions reaching an estimated $78.2bn. This is a year-on-year increase of over 20%, according to new data from leading proptech firm Sakan.
PayPal has officially opened its first office in the Middle East and Africa, selecting Dubai as the location for its new regional hub. Situated in Dubai Internet City, the move marks a significant milestone in the digital payments giant’s international expansion strategy.
Dubai-based crypto firm Resolv Labs has raised $10m in seed funding to accelerate the development of its low-risk digital asset investment strategies. The round was co-led by Cyber.Fund and Maven11, with backing from notable investors including Coinbase Ventures, SCB Limited, Arrington Capital, Animoca Ventures, Gumi Cryptos, NoLimit Holdings, and Robot Ventures.
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