Author: UPPERNEWS TEAM (UPPERNEWS TEAM)

Growing Interest Among UK and European Students to Study in Dubai
Post

Growing Interest Among UK and European Students to Study in Dubai

There is an increasing trend of students from the UK and Europe choosing Dubai for their educational and professional development. This observation comes from Ben Hardy, the academic director of leadership programmes and a clinical professor of organisational behaviour at London Business School, one of the world’s leading business institutions. Hardy noted that many professionals...

Investcorp Capital Expands US Presence with $300 Million Investment in Student Housing
Post

Investcorp Capital Expands US Presence with $300 Million Investment in Student Housing

Abu Dhabi-listed Investcorp Capital has significantly increased its real estate asset base in the United States by acquiring four new student housing properties for a total transaction value exceeding $300 million. This move marks a strategic expansion into the US housing market. According to Zawya, the newly acquired assets are located in Texas and Oklahoma,...

DIFC Achieves Record Financial Performance in 2024
Post

DIFC Achieves Record Financial Performance in 2024

The Dubai International Financial Centre (DIFC) has reported its strongest annual financial performance in 2024, with combined revenues reaching AED 1.78 billion. This impressive figure comes from nearly 7,000 registered companies operating within the center. In 2024, DIFC welcomed a record-breaking 1,823 new company registrations, marking a 25 percent increase from the previous year. His...

The Boring Company Receives Approval to Construct Dubai Loop Tunnel Network
Post

The Boring Company Receives Approval to Construct Dubai Loop Tunnel Network

Elon Musk’s Boring Company has received official approval to construct the ‘Dubai Loop’, a 10.6-mile (17 km) tunnel network designed to transport up to 20,000 passengers each hour at speeds reaching 100 miles per hour (160 km/h). This ambitious project aims to ease traffic congestion in the city and promises to significantly reduce travel times...

Dubai Introduces Golden Visa Scheme for Yacht Owners
Post

Dubai Introduces Golden Visa Scheme for Yacht Owners

Dubai has announced a new Golden Visa Scheme specifically for yacht owners, allowing them long-term residency in the emirate. This initiative follows a similar scheme launched recently in Abu Dhabi, aimed at attracting high-net-worth individuals to the region. The announcement was made by the General Director of Residence and Foreigners Affairs. Further details of the...

Analyst Predicts UAE Air Taxi Service May Not Launch Until 2027
Post

Analyst Predicts UAE Air Taxi Service May Not Launch Until 2027

Industry analyst Richard Aboulafia has raised concerns regarding the timeline for the introduction of electric vertical-takeoff-and-landing vehicles (eVTOLs) in the United Arab Emirates (UAE). According to Aviation Week, in a commentary published in September 2024, he questioned, “When will an eVTOL, or anything AAM [advanced air mobility], actually enter service? Great question! The answer always...

xAI Launches Its Most Advanced AI Model Yet: Grok 3
Post

xAI Launched Its Most Advanced AI Model Yet: Grok 3

Elon Musk’s AI company, xAI, has launched its latest AI model, Grok 3, setting a new benchmark in artificial intelligence. Announced late Monday, Grok 3 boasts upgraded capabilities, including advanced reasoning and image analysis, and powers several features on X, Musk’s social platform. The model has been in development for months, initially planned for release...

Ericsson and stc Launch ‘Fusion Partnership’ to Boost Innovation and Market Presence
Post

Ericsson and stc Launch ‘Fusion Partnership’ to Boost Innovation and Market Presence

Ericsson and stc Group have unveiled a strategic collaboration called the “Fusion Partnership” at the LEAP 2025 event, aiming to accelerate innovation and broaden their market opportunities. This partnership highlights their shared commitment to enhancing solutions and services for both businesses and consumers, which is expected to significantly shape the future landscape of the telecom...

Abu Dhabi Targets $200 Billion Trade with China by 2030
Post

Abu Dhabi Targets $200 Billion Trade with China by 2030

Abu Dhabi is intensifying efforts to boost investments with China, anticipating that bilateral trade will reach $200 billion by 2030. The Abu Dhabi Department of Economic Development (ADDED) is leading an economic delegation to China as part of this initiative, aiming to strengthen the emirate’s role as a global hub for talent, businesses, and investments....

Sharjah Police Introduce AI-Powered Facial Recognition Patrol Cars for Enhanced Public Safety
Post

Sharjah Police Introduce AI-Powered Facial Recognition Patrol Cars for Enhanced Public Safety

Sharjah Police are implementing an innovative system that integrates live biometric facial recognition technology into their patrol cars. This advanced system is designed to streamline criminal investigations and enhance operational efficiency. The technology is embedded in smart cameras and bars on the vehicles, enabling real-time data analysis and identification while being connected to relevant authorities’...