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. …
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 …
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 »
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’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 »
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 »
After a record-shattering year, the world is looking to the United Nations conference in the UAE next month to put us on a safer path World leaders are gathering in the Middle East in a month’s time on a mission to curb climate change. As the summit’s name suggests, COP28 is the 28th iteration of …
What is COP28? Everything you need to know about the UN climate summit in Dubai Read More »
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 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, Oct 6 (Reuters) – The United Arab Emirates has launched its first wind project of commercial size, making use of technology to exploit low wind speeds, as it pushes to boost renewables before hosting the COP 28 climate summit next month. The 103.5-megawatt project run by renewable energy firm Masdar is set to power …
UAE opens 104 MW wind project ahead of U.N. climate summit Read More »
