dubai2023

New island in Dubai: Dh4.4-billion project to feature luxury Las Vegas hotel brands MGM, Bellagio, Aria

The project’s unique location and potential gaming facilities are expected to draw the country’s ultra-high-net-worth individuals and tourists A new island in Dubai will house Las Vegas hotel brands like MGM, Bellagio and Aria. Spread over 3.5 million square metres, the $1.2-billion (Dh4.4 billion) waterfront project called ‘The Island’ is scheduled for completion by 2028-end. …

New island in Dubai: Dh4.4-billion project to feature luxury Las Vegas hotel brands MGM, Bellagio, Aria Read More »

Dubai’s Global Futures Society, World’s Largest Network of Futurists, Grows at Dubai Future Forum With 36 New Institutions Joining

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Nov 29, 2023– Dubai Future Foundation announced today that 36 institutions from 17 countries have joined the existing four members of the Global Futures Society, the world’s largest global network of futurists. 36 representatives from institutions  have joined the Global Futures Society  Representatives of the international institutions participated in the Dubai Future …

Dubai’s Global Futures Society, World’s Largest Network of Futurists, Grows at Dubai Future Forum With 36 New Institutions Joining Read More »

Dubai Warm to Battery-Electric Vehicles With Growth Set to Overtake Europe

Despite Middle East consumers continuing to favor internal combustion engines (ICE) when buying new passenger vehicles, a new survey conducted by Bloomberg Intelligence (BI) has found that battery-electric vehicle (BEV) ownership is set to accelerate in this key Gulf Cooperation Council (GCC) city. BI’s inaugural auto-buying intentions survey, which canvassed consumers in Dubai ahead of …

Dubai Warm to Battery-Electric Vehicles With Growth Set to Overtake Europe Read More »

Emirates opens Dubai Air Show with $52B Boeing purchase

DUBAI, United Arab Emirates (AP) – Long-haul carrier Emirates opened the Dubai Air Show on Monday with a $52 billion purchase of Boeing Co. aircraft, showing how aviation has bounced back after the groundings of the coronavirus pandemic, even as Israel’s war with Hamas clouds regional security. Its low-cost sister airline, FlyDubai, followed up with an $11 …

Emirates opens Dubai Air Show with $52B Boeing purchase Read More »

Dubai airport expects to surpass pre-pandemic passenger numbers in 2023

Dubai’s main airport recorded 22.9 million passengers in the third quarter, the highest quarterly traffic since 2019, operator Dubai Airports said on Wednesday, and is on track to surpass pre-pandemic numbers for the full year. Total passenger traffic for the first nine months of 2023 at Dubai International (DXB), among the world’s busiest, stood at …

Dubai airport expects to surpass pre-pandemic passenger numbers in 2023 Read More »

DFM’s third-quarter income triples on trading value and new investor boost

Bourse’s market capitalisation hit $190 billion at the end of the first nine months of this year The Dubai Financial Market reported an almost threefold jump in its third-quarter net income as trading value and the number of new investors rose. Profit attributable to shareholders for the three months to the end of September climbed to Dh74.06 …

DFM’s third-quarter income triples on trading value and new investor boost Read More »

Dubai’s Roads and Transport Authority (RTA) has started testing autonomous cars in the Jumeirah 1 area

A safety driver will be present behind the wheel during the initial stages of testing of these Chevrolet Bolt-based autonomous vehicles. The trials are being carried out in partnership with the self-driving technology company Cruise, which will validate aspects related to driving safety and performance. The company, which has been running driverless ride hail services in …

Dubai’s Roads and Transport Authority (RTA) has started testing autonomous cars in the Jumeirah 1 area Read More »

Dubai Electricity And Water Authority Commits To $40 Billion Investment In Sustainable Energy Initiatives

Dubai Electricity and Water Authority (DEWA) continues its commitment to advancing sustainable and clean energy initiatives in the UAE. Through strategic partnerships with the private sector, DEWA is actively involved in pioneering projects in clean and renewable energy. These efforts align with the UAE’s national agenda and support sustainability in the region. DEWA’s initiatives are …

Dubai Electricity And Water Authority Commits To $40 Billion Investment In Sustainable Energy Initiatives Read More »