The Dubai Chamber of Commerce has announced a significant 33% growth in the number of construction companies registering as new members in 2024. This increase reflects the ongoing expansion and dynamism in Dubai’s construction sector, which continues to attract new players. The data indicates a thriving environment for construction firms in the region, emphasizing the...
Abu Dhabi’s Ma’an, a key organisation for community development, allocated Dh98.6 million ($26.8 million) last year to support 51 social initiatives, according to its newly released 2024 report. This marks an increase from the Dh91 million spent in 2023. The funding positively impacted over 23,498 individuals in the emirate, addressing various social challenges. Formed in...
Sharjah has inaugurated the largest 220 kV substation in its network, located in the airport area of Umm Fannin. This significant project, which cost over Dh500 million, is designed to enhance the energy infrastructure of the emirate and meet the growing energy demands of the city. The Sharjah Electricity and Water Authority (SEWA) collaborated with...
UAE’s NMDC Energy has successfully secured a substantial contract worth $1.14 billion from Taiwan Power Company (Taipower) for a subsea gas pipeline and power project. This project involves the engineering, procurement, and construction of marine pipelines that will connect Taichung and Tung-Hsiao along Taiwan’s west coast. The wholly-owned subsidiary of NMDC Group will not only...
Dubai’s Roads and Transport Authority (RTA) has reached a significant milestone in upgrading its nol payment system, completing 40% of the project. This upgrade will shift the current card-based system to advanced account-based ticketing (ABT) technology, making public transport payments more seamless and modern. The Dh550 million project is divided into three phases and is...
The UAE’s updated traffic law, Federal Decree-Law No. (14) of 2024, will come into effect on March 29, 2025, bringing significant changes to driving regulations. Among the most notable updates is the reduction of the minimum age for obtaining a driving licence for cars and light vehicles from 18 to 17 years. To get a...
Several property developers in Dubai have collectively pledged AED 560 million to support the construction and maintenance of mosques in important areas throughout the Emirate. This initiative is a significant contribution to the community, demonstrating the developers’ commitment to enhancing the cultural landscape of Dubai. On Saturday, representatives from prominent firms including Emaar Properties, Damac...
Abu Dhabi Mobility has announced the conversion of public transport’s bus Route No.65 into an eco-friendly service. This initiative was revealed on Saturday, March 15, and signifies a commitment to sustainability in the emirate, according to Khaleej Times. The new green buses will be powered by advanced technologies, including hydrogen and electric energy. This transformation...
Forbes Middle East has announced its Top 40 Asset Managers for 2025, highlighting the leaders who are significantly influencing the investment landscape in the region. Collectively, these asset managers managed over $439 billion in assets under management during 2024, which includes investments in local and international equities, debt funds, discretionary portfolios, real estate, REITs, and...
The Department of Culture and Tourism – Abu Dhabi has formed a partnership with ITAKA, Poland’s largest tour operator, to host the Top Sellers Conference 2025 in Al Ain. This city, referred to as the UAE’s “living oasis,” has recently been designated as the Gulf Capital of Tourism for 2025. This partnership was announced at...