Among them was the WAM-V manufactured by U.S.-based company Ocean Power Technologies, which markets the platform as the pickup truck of the USV world. The commercially available vehicle, previously …
Abu Dhabi’s 2PointZero aims to launch IPO by year-end, says group CEO
Abu Dhabi-based 2PointZero—which invests in emerging technologies and future-sustaining businesses—aims to go public and list on the Abu Dhabi bourse this year, the group CEO said. While speaking at …
UAE’s Hubpay aims to cut business account processing time from 3 months to 24 hours
The UAE is currently home to over 557,000 SME businesses, with a target to grow that number to over 1 million by 2030 …
Dubai Land Department announces 127 new owners’ committees
The Real Estate Regulatory Agency (RERA) at Dubai Land Department (DLD) has announced the formation and registration of 127 new owners’ committees across the emirate.
Dubai real estate ‘starting to show signs of stabilisation’ as prices moderate for first time in 2 years: Property Monitor
Dubai real estate prices fell by 0.57 per cent in January 2025, the first decline since summer 2022, signalling a market shift towards stabilisation, according to Property Monitor. While the first …
Dubai property prices declined in January
The report said the median price in Dubai for apartments was AED1.35m, for townhouses AED2.67m, and for villas AED6.92m. The drop in prices comes against the backdrop of a market that has experienced …
Dubai real estate market sees first price decline in two years – Property Monitor
Dubai: Dubai real estate prices fell by 0.57% in January 2025 – the first decline since summer 2022 – signalling a market shift towards stabilisation, according to leading real estate intelligence …
Investors bullish on fixed-income hedge funds
The growing interest in fixed-income hedge funds underscores the broader trend of investors seeking resilient, high-performing strategies.
UAE registers strong 4.7% GDP growth, 6% expansion in non-oil sector since Covid-19, says official
The UAE has achieved spectacular growth since Covid-19 as the GDP grew at an annual average rate of 4.7 per cent while the non-oil sector averaged at a pace of 6 per cent annually, said Abdulla bin …
UAE cyber threats: Over 223,000 assets still potentially exposed, report finds
The report found that the government, finance, and energy sectors are the most targeted by cyber threat actors …
Deliveroo launches the ‘Collecteroo’ initiative in collaboration with UAE Food Bank
The ‘Collecteroo’ initiative will see a dedicated van collect surplus food from supermarkets, trading companies, hotels, and restaurants …
Sharjah Media City awards contract for designing ‘Shams Studios’
Sharjah Media City (Shams) has awarded the contract for designing the Shams Studios project to STUDIOI. This marks a significant milestone in enhancing the media and film production infrastructure in …
Sharjah Asset Management announces the trial launch of the first city taxi booking via Yango app
This new service aims to advance the transportation sector in Sharjah, and provide safe, fast and convenient services to users …
Alef Group’s new Sharjah development hits 50% sales mark, reflecting strong investor interest
Issa Ataya, CEO of Alef Group, said the rapid 50 per cent sell-out of one of the project’s buildings within just a few hours at sales launch is a testament to the strong market demand and the …
Sharjah Digital Transformation Forum strengthens emirate’s position as smart city
The Sharjah Digital Department (SDD) organised the Sharjah Digital Transformation Forum on Tuesday to drive innovation and strengthen collaboration in the emirate’s journey towards a smart digital …
Abu Dhabi University kicks off first International Sustainability Leaders Meeting
Abu Dhabi University (ADU), in collaboration with UI GreenMetric World University Rankings, launched the First International Sustainability Leaders Meeting (ISLM) at its main campus, welcoming over …
UAE’s 2PointZero aims for Abu Dhabi listing this year, says CEO
UAE investment platform 2PointZero is targeting a stock market listing in Abu Dhabi this year, CEO Mariam bint Mohammed Almheiri said on Wednesday.