#Dubai

Emirates

Dubai’s Emirates takes off to Tel Aviv, marks airline’s first passenger flight to Israel

Emirates flight EK931 departed with 335 passengers

DXB passengers

Dubai’s DXB to welcome 2.4 million passengers from June 24 until July 4

July 2 is expected to be the busiest day, with daily passenger traffic to surpass 235,000

Emirates Mexico

Dubai’s Emirates ramps up frequencies to Mexico with daily service

The Dubai-Barcelona-Mexico route is operated with a two-class Emirates Boeing 777-200LR

banke international Properties

Banke International Properties’ Porush Jhunjhunwala on opportunities for investors in UAE’s real estate sector

The CEO of the Dubai-based property firm showcases his company’s operations and expansion, and the UAE’s thriving real estate market

Expensive city

Dubai ranks 14th most expensive city worldwide for ultra-wealthy

Shanghai ranked as the most expensive city in the world for high-net-worth individuals

UAE

UAE weather update: Temperatures to hit 49°C over the weekend

The UAE recorded its lowest temperature of 24.1°C in Raknah (Al Ain) at 6am local time today

Coinmena

Digital asset exchange Coinmena receives provisional licence from Dubai’s VARA

This will allow it to continue operating in Dubai while it completes the in-depth process of applying for a licence, as required by VARA

Dubai sales transactions

Dubai records decade-high real estate sales transactions in May 2022

The emirate’s real estate market recorded a total of 6,652 sales transactions in May

home check-in service

Emirates’ first class customers to receive complimentary home check-in service

The service must be booked at least 24 hours prior to the flight’s departure time

Salik

Sheikh Mohammed issues law establishing Salik as public joint stock company

The Executive Council of Dubai is authorised to determine the percentage of shares that can be offered for subscription either through an IPO or private placement

ENOC Group

Dubai’s ENOC Group bans single-use plastics across operations

As alternatives, ENOC has switched to more sustainable items such as paper bags, wooden straws, water dispensers with reusable bottles and recyclable lids

Scott Bond Property FInder UAE Country Manager

Cover story: Property Finder’s Scott Bond on why Dubai is a pioneer in real estate

The country manager of Dubai’s real estate platform envisions the emirate to lead the way in digital advancements, inclusivity and investments. Here’s why

DMCC

Dubai’s DMCC signs agreement with Brooklyn Chamber of Commerce

The two entities will work together on a number of initiatives to promote bilateral trade and support the expansion of American businesses in Dubai

Dubai

Dubai welcomes 5.1 million visitors in first four months of 2022

The emirate’s hotel occupancy stood at 76 per cent during the January-April period

Pickl

Dubai burger joint Pickl reveals first glimpse of metaverse restaurant

The restaurant will allow UAE-based customers to place orders in the metaverse and receive delivery in the physical world

Rapyd DIFC

Fintech Rapyd becomes first DIFC-registered Israeli company

The company plans to hire 120 employees in Dubai across the R&D, product, operations and HR departments within the next 18 months

Private Schools

Fees fact sheet now available for all private schools in Dubai

The fact sheet includes all fees a school may charge during an academic year

Emirates

Dubai’s Emirates, South Africa’s Airlink activate codeshare partnership

Emirates currently offers double daily flights to Dubai from Johannesburg, daily flights to Dubai from Cape Town and five weekly flights to and from Durban

DP World

Canada fund CDPQ to invest $5bn in DP World’s Dubai assets

The Montreal-based pension manager will take a 22 per cent stake in DP World’s Jebel Ali Port, Jebel Ali Free Zone and the National Industries Park

dnata

Dubai’s dnata to invest $100m in green operations in next two years

Earlier this year, dnata committed to reducing its waste to landfill by 20 per cent by 2024

Duque free zone launches in Dubai

DUQE free zone launches operations from Dubai’s QE 2 hotel

DUQE has allied with PCFC to offer full integrated support to entrepreneurs to help them set up and expand their business

D/Quarters launched by TECOM

Tecom’s D/Quarters introduces next-gen workspace solutions to Dubai

As a collaborative community, D/Quarters will accommodate freelancers, entrepreneurs, SMEs and multinational corporations

Middle East IPOs

Middle East IPOs on track for best ever first half as oil surges

IPOs in the Middle East have fetched $11.4bn in the first five months of the year

Nemo Stojanovic, director of leasing and marketing, Central Park Towers, DIFC, Arady Developments

How Central Park Towers, DIFC, opens up new avenues for Dubai’s real estate market

Nemo Stojanovic, director of leasing and marketing, Central Park Towers, DIFC, Arady Developments, explains why the project is an attractive proposition to its residents and businesses setting up base within the prime location

stake

The SME Story: Rami Tabbara, co-founder and co-CEO of Stake

A digital fractional real estate investment platform is offering a chance for those with limited budgets to enter the property market

Vernost Dubai

Martech solution provider Vernost opens Middle East headquarters in Dubai

The Dubai office will be staffed by a combination of relocated Indian team members and locally sourced talent

Dubai-based ride sharing firm Swvl to slash headcount by a third

The reductions will focus on roles that have been automated by investments in engineering and product and support functions

DEWA

DEWA reveals number of new electricity and water connections in Dubai last year

It provides its services to 3.5 million people who live in Dubai

Raed Barqawi’s book on Sheikh Mohammed bin Rashid launches at ADIBF 2022

Published by Motivate Media Group, the book gives readers a never-before glimpse into the rationale behind some of Sheikh Mohammed’s key decisions

Lotus Eletre

Lotus Cars inaugurates new Dubai showroom

As part of its ongoing transformation, Lotus has also opened its new sports car manufacturing facility in Hethel, England