Dubai is set to implement new parking fees from April 4, 2025, as Parkin, the city’s official parking operator, announces significant changes to its tariff structure. The adjustment includes a price increase for premium parking spaces, which are conveniently located near public transport hubs, business districts, and popular shopping areas. Premium parking will now cost...
AIR Arabia, the first low-cost airline in the UAE capital, has announced the addition of Almaty, Kazakhstan, to its network of direct flights. This new route marks a significant expansion for the airline, which aims to enhance travel options between the UAE and Central Asia. The flights to Almaty are expected to provide travelers with...
EDGE Group, a global technology and defense leader, has signed a memorandum of understanding with Emgepron, a state-owned project management company in Brazil. This agreement was formalized during the International Defense and Security Exhibition 2025 held in Rio de Janeiro. The memorandum will facilitate the exchange of technical information aimed at developing future weapon systems,...
Arabian Fiberglass Insulation Company (AFICO), a subsidiary of Gulf Insulation Group and Zamil Industrial, has adopted Nanoprecise Sci Corp’s Energy-Centered Predictive Maintenance solution. This initiative makes AFICO one of the first manufacturing companies in Saudi Arabia to implement such advanced technology. The move demonstrates AFICO’s strong commitment to enhancing operational efficiency, driving technological innovation, and...
Starlink, the satellite internet service provided by Starlink Services, LLC, has officially launched its fixed public telecommunications services in Oman. This service aims to cover the entire geographical area of the Sultanate of Oman with broadband internet and provide innovative solutions to connect telecommunications towers in challenging terrains. The service is particularly beneficial for sectors...
Carbon Clean has successfully completed the first industrial deployment of its CycloneCC, a modular carbon capture unit. The deployment marks a significant achievement as the unit has operated for 4,000 hours over a six-month period, elevating it to Technology Readiness Level 7 (TRL 7). The CycloneCC unit has consistently delivered a high purity CO2 product...
Investing in racehorses has traditionally been limited to the wealthy elite, but a new scheme is changing this dynamic in Dubai. A company named Tokinvest is launching a racehorse tokenisation program that significantly lowers the cost of ownership, allowing investors to buy a fraction of a racehorse through a digital token that represents their share....
The Central Bank of the United Arab Emirates has officially revoked the license of Dynamics Insurance Brokers. This decision was made in accordance with Article 22 (2) of the Council’s Decision, signaling a significant regulatory action within the insurance sector. The revocation comes as part of the Central Bank’s ongoing efforts to ensure compliance and...
The Sharjah Electricity, Water and Gas Authority (SEWA) has initiated 24 road lighting projects throughout various areas of Sharjah as part of its strategic plan to enhance infrastructure and improve public lighting efficiency. In 2024, SEWA successfully completed over 19 lighting projects, which included the installation of 4,640 lampposts, conducting 51,379 maintenance operations, and laying...
A new project is in the works to create a 2,000-kilometer underwater rail link between Mumbai and Dubai, which aims to drastically reduce travel time to just two hours. The proposed rail system will allow trains to operate at speeds between 600 and 1,000 kilometers per hour, potentially transforming transportation between India and the United...