Abu Dhabi Global Market (ADGM) has introduced major reductions in commercial licence fees for non-financial and retail businesses starting 1st January 2025. The move is designed to make ADGM’s jurisdiction, which includes Al Maryah and Al Reem Islands, more attractive for businesses and entrepreneurs. Under the revised fee structure, non-financial businesses will see initial registration...
The Emirates Green Building Council (EmiratesGBC) and the Global Green Growth Institute (GGGI) have signed an agreement to work together on advancing sustainable and green urban development in the UAE. The Memorandum of Understanding (MoU), reported by WAM, focuses on promoting climate-resilient cities and accelerating efforts toward the UAE’s Net Zero by 2050 commitments. The...
Dubai’s real estate market reached new heights in 2024, achieving record-breaking sales and transactions. According to data from the Dubai Land Department, the total sales value rose to AED 517 billion by December 27, 2024, compared to AED 401 billion in 2023. The CEO of W Capital, Walid Al Zarooni, highlighted the impressive growth, noting...
The year 2024 witnessed a surge in technological advancements, with generative AI becoming a hot topic across industries such as retail, healthcare, logistics, and energy. According to Mirek Dusek, managing director at the World Economic Forum (WEF), humanity is now entering the “intelligent age,” marked by the rapid growth of technologies like artificial intelligence, quantum...
Sharjah is stepping up its efforts to support entrepreneurs in the industrial sector. Ruwad, the Sharjah SME program, has unveiled a new industrial financing initiative that offers loans of up to Dhs800,000. The program also includes flexible payment plans and grace periods to help new businesses thrive. Hamad Ali Abdullah Al Mahmoud, Chairman of Sharjah...
The Emirates College for Advanced Education (ECAE) has reported significant milestones in 2024, including a 131% increase in student enrolment for the 2024–2025 academic year. This surge effectively doubled its student body, highlighting growing interest in its educational programs. The college also achieved a 100% employment rate for its graduates, showcasing the success of its...
Dubai landlords looking to raise rents will now need to improve their property ratings under a new smart rental index launched by the Dubai Land Department (DLD). The index, which aims to ensure fair rental values and promote trust among landlords, tenants, and investors, was unveiled on Thursday. The system links rent increases to a...
Dubai is set to come alive with creativity as Dubai Art Season 2025 kicks off from 4 January to 20 April. Under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, this year’s theme, “Take a Walk on the Art Side”, focuses on enriching...
Dubai’s public transport system saw a significant increase in usage during New Year’s Eve 2025 celebrations, with a total of 2,502,474 passengers recorded, according to the Roads and Transport Authority (RTA). This marks a 9.3% rise compared to the 2,288,631 passengers reported on the same occasion last year. The Dubai Metro carried the highest number...
The UAE has declared 2024 as its most successful year in terms of economic and developmental progress since the nation’s founding. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, shared this milestone during the first UAE Cabinet meeting of the year. In a...