The Dubai-headquartered Jumeirah Group has said that it plans to double the size of its portfolio by 2030. Jumeirah Group at present operates 26 properties, comprising beachfront resorts, city hotels, and serviced residences across the Middle East, Europe, and Asia. It added that apart from the UAE, it will also expand its presence in Europe …
Actions are necessary at all levels — government, private sector, as well as individual levels Over 70,000 delegates are convening at COP28 in Dubai, making this annual climate summit one of the largest since the first COP was held in Berlin in 1995. The first Global Stocktake (GST) at the event will provide a comprehensive …
COP28: Sustainable communities at the heart of climate action Read More »
Real gross domestic product climbed 3.2% to $60.9 billion in first six months of the year Dubai’s economy expanded an annual 3.2 per cent in the first half of 2023 to reach Dh223.8 billion ($60.9 billion), driven by 3.6 per cent growth in the second quarter of the year and solidifying the emirate’s position as a global …
Dubai’s economy grows 3.6% in second quarter of 2023 Read More »
The ‘Blue Pacific Prosperity’ initiative was unveiled on the side-lines of the UN climate talks in Dubai. It is made up focuses on three goals to protect the ocean, have healthy people and ensure finance is accessible. A major design of the initiative allows philanthropic organisations and the private sector to give money. The chief …
COP28: Pacific leaders launch ‘Blue Prosperity’ initiative in Dubai Read More »
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. …
Finding like-minded people and making friends can be difficult, even daunting, especially for those trying to settle in a new city. Michael Askew and Matthew Gaziano, founders of Dubai-based online social platformBelong,say they have first-hand experience of how big a struggle it is to connect with the right people and build a social life. The two …
Generation Start-up: How Dubai’s Belong is helping to spice up social lives Read More »
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 »
DUBAI, Nov 13 (Reuters) – Dubai plans to offer 25% of shares in its taxi business through an initial public offering (IPO), the company said in a statement on Monday, as part of a broader privatisation programme of state assets. Dubai Taxi Company, the largest taxi operator in the Gulf city state by market share, …
Dubai to offer 25% stake in taxi business in planned IPO Read More »
