The Dubai Integrated Economic Zones Authority (DIEZ) has announced the launch of a venture capital (VC) fund worth US$136 million to invest in tech startups. Other than funding startups, the fund will …
Dubai-Sharjah road speed limit change: ‘I forgot I had to drive 20kmph slower’
Some of the frequent Sharjah-Dubai motorists forgot that the speed limit on the ever-busy Al Ittihad Road has been revised …
At Dubai Airshow, Emirati defense conglomerate EDGE does nearly $2B in deals
The lion’s share of the total dollar figure is due to a $1.1 billion (4.1 billion AED) arrangement EDGE signed with the UAE Ministry of Defense for aircraft munitions.
‘A life less ordinary’: Irish entrepreneur Ben Dunne who died in Dubai
Ben Dunne, an Irish entrepreneur who died in Dubai over the weekend age 74, was often embroiled in controversy, leading Taoiseach Leo Varadkar to describe him as a “larger than life” figure who led “a …
Dubai’s virtual asset space gains a new titan: GCEX granted operational VASP licence by VARA
GCEX is now poised to commence market operations as a Virtual Asset Service Provider (VASP) in the Emirate of Dubai. This development is set to benefit brokers, hedge funds, family offices, and …
Land-sale deal of over AED 300mln in Dubai’s Jumeirah Golf Estates reaffirms growing popularity of golf course communities
Jumeirah Golf Estates, which has seen an influx of buyer interest lately, was the site of one of the biggest transactions in Dubai’s golf course communities – a land deal worth a record AED 300+ …
Nokia to deploy 5G OpenRAN gear for NTT Docomo
Nokia: The vendor claims that its “low-power, energy-efficient” AirScale portfolio will also help Docomo drive significant sustainability benefits as well as a lower total cost of ownership.
Nakheel, etisalat by e& ink MoU, here’s how it will help new and old residents
Nakheel residents can be connected with the telecoms provider to enjoy a seamless digital experience with a simple click of a button …
Utico teams up with Yellow Door Energy for UAQ solar plant
UAE’s only private utility provider Utico has joined forces with top sustainable energy developer Yellow Door Energy (YDE) to build a first-of-its-kind solar plant in the northern emirate of Umm Al …
Abu Dhabi Exports Office aims to raise funding to over $816mln by end of 2023: Al Suwaidi
In his statements to the Emirates News Agency (WAM), Al Suwaidi said that for the next phase, ADEX intends to finance Emirati manufacturers to increase access to foreign markets for their products, which will help enhance their stature and presence in international markets, especially those where local sources are not present.
Sharjah Ports, Customs and Free Zones Authority, Gulftainer extend concession agreements
Gulftainer, a leading regional ports and terminals operator, and a provider of supply chain and logistics solutions, announced that it has extended its concession agreements with the Sharjah Ports, …
48% of people in UAE are likely to send more cross-border payments in the next year
Mastercard’s Borderless Payments Report 2023 reveals 36% of people in the UAE expect to receive more cross-border payments in the next 12 months …
UAE cross-border payments to surge in 2024
Lower fees, speed, and a simple process were identified as key factors influencing the choice of cross-border payment providers among UAE residents …
Dusit Thani Dubai achieves milestone
Dusit Thani Dubai remains dedicated to eliminating single-use plastic materials across all operational aspects. As part of this commitment, the hotel’s state-of-the-art water bottling system, launched in 2022,
Top 10 mobile app development companies in Dubai next year
As finding the top app development company can be a tough task, the team of AppDevelopmentCompanies.co has made a list of the top 10 app developers in Dubai to work
Anuvi Business Solutions Facilitates Startups Achieving Big Dreams in Dubai with Tailored Business Support Services
Anuvi Business Solutions, a dynamic player in the business consultancy sector, is making waves in Dubai by providing comprehensive support services to startups with ambitious goals. Leveraging a decade of expertise,
GCEX receives operational VASP licence from Dubai’s VARA
GCEX starts market operations as a VASP in the Emirate of Dubai, enabling brokers, hedge funds, family offices and professional traders to access its deep liquidity in digital assets and range of tech …