DP World has introduced an innovative electric freight solution at Jebel Ali Port in collaboration with Einride. This initiative represents a significant advancement in efforts to decarbonize freight operations and enhance sustainability in logistics. The partnership aims to implement cutting-edge technology to streamline operations and reduce carbon emissions associated with freight transport. By leveraging Einride’s...
Devialet, the French maker of high-end audio technology, recently opened its first flagship store in Dubai Mall. This store reflects the brand’s well-loved minimalist ethos while offering an immersive experience for users in its Listening Room, where they can fully appreciate the sound capabilities of its Phantom speakers. According to MSN, during an interview with...
NymCard, the only embedded finance platform operating in over 10 countries across the MENA region, has successfully raised $33 million in its latest Series B funding round. This investment was led by QED Investors, marking their largest investment in the region and the first in the Gulf, which highlights the increasing global confidence in MENA’s...
The e-commerce sector in the UAE has experienced substantial growth, particularly in the fast-moving consumer goods (FMCG) market, which surged by 29 percent last year, according to research from NielsenIQ. This growth reflects a broader trend of consumption-led expansion within the UAE, contrasting with Saudi Arabia’s flat performance attributed to a high base from the...
In a advancement for social welfare, Engineer Suhail bin Mohammed Al Mazrouei, the Minister of Energy and Infrastructure, announced on March 18, 2025, a new program designed to provide housing assistance specifically for non-married Emirati women. This initiative is part of the UAE government’s ongoing efforts to promote family stability and support vulnerable groups within...
The Minister of Energy and Infrastructure, Eng. Suhail Mohamed Al Mazrouei, emphasized the significance of addressing traffic congestion between Dubai and Sharjah due to its social, economic, and environmental impacts. To ensure a comprehensive approach, the ministry has coordinated with local authorities to propose four sustainable solutions to tackle this pressing issue. In a written...
The Ministry of Foreign Affairs has announced that registration for the new version of the scholarship program will be open from May 1 to June 1, 2025. This program aims to send outstanding UAE students to pursue their studies at 60 prestigious global universities. The scholarship offers more than five leading diplomatic specializations, contributing to...
Sharjah Media City, also known as Shams, has introduced a new service called Mazeed, aimed at empowering entrepreneurs and providing integrated solutions for startups and small and medium-sized enterprises (SMEs). This initiative is designed to simplify business formation and expansion, in an effort to foster a thriving business ecosystem. The Mazeed service offers a diverse...
Indian startups are increasingly choosing Dubai’s free zones as a base for expansion, attracted by the region’s strategic location and business-friendly environment. The trend of Indian enterprises setting up in Dubai is notable, with these companies leading the list of new non-Emirati firms joining the Dubai Chambers. In the first nine months of 2024, Indian...
Dubai’s hospitality sector is witnessing remarkable growth, with an estimated 11 300 new hotel rooms expected to enter the market by 2027. In 2024 alone, the city anticipates the opening of 4 620 new rooms, reinforcing its status as a global destination for high-net-worth individuals (HNWIs) and leisure travelers. According to property consultancy Cavendish Maxwell,...