Ctrl Alt, a tokenization infrastructure platform, has announced that it has obtained a virtual asset broker-dealer license and an issuer license from Dubai’s Virtual Assets Regulatory Authority (VARA). As of May 1, 2025, Ctrl Alt has successfully tokenized over $295 million in various assets, including real estate, private credit, funds, and litigation finance. According to...
The Dubai International Financial Centre (DIFC) has officially launched the ‘1 Million Learners’ initiative, aimed at promoting sustainability education across the region. This initiative is part of the DIFC Sustainable Finance Strategy, which focuses on equipping individuals with the necessary skills and knowledge to address sustainability challenges. Credit: WAM The program is designed to reach...
The Dubai International Financial Centre (DIFC) has announced the Future Sustainability Forum, aimed at addressing critical sustainability challenges facing the financial industry. This event will take place in Dubai, reinforcing the city’s position as a leading global financial hub in the Middle East, Africa, and South Asia. Credit: WAM The Forum is set to convene...
Dubai Municipality has announced that four public beaches in the emirate will be designated exclusively for families during the Eid al-Adha holiday. The selected beaches include Jumeirah 2, Jumeirah 3, Umm Suqeim 1, and Umm Suqeim 2. The municipality explained that this initiative aims to manage the large number of visitors at these popular beaches,...
On June 2, 2025, Da Nang, a picturesque coastal city in central Vietnam, achieved a significant milestone in its aviation connectivity with the arrival of Emirates Airline’s inaugural flight from Dubai. The flight, designated EK370, transited through Bangkok and landed at Da Nang International Airport carrying 333 passengers. This momentous event was celebrated with a...
Telecom and digital services company Veon delisted from the Amsterdam stock market last year and relocated its operations to Dubai. This move made Veon the largest Nasdaq-listed company based in the UAE. Kaan Terzioglu, the CEO of Veon, shared insights into the company’s future plans during an interview. He mentioned that Veon intends to dual-list...
Dubai’s Roads and Transport Authority (RTA) has announced a significant overhaul for Al Wasl, one of the city’s busiest neighborhoods. This initiative aims to reduce traffic and travel times across the emirate, enhancing the overall urban landscape. The project follows similar plans introduced earlier in June for Umm Suqeim Street and Jumeirah, focusing on urban...
Emaar Development, the UAE development arm of Emaar Properties, has successfully acquired a new land plot in Dubai for AED2.9 billion, which is approximately $790 million. This acquisition is aimed at facilitating the potential expansion of its master communities. The land was purchased from Amlak Property Investment and is located in Ras Al Khor. The...
Sharjah developer Arada has confirmed the launch of its first hotel and residential development in Dubai, named ‘Akala.’ This project is situated in a prime location between the Dubai International Financial Centre (DIFC) and Downtown Dubai. The name ‘Akala’ translates to ‘beyond time’ in Sanskrit, reflecting the project’s unique vision. The twin-tower structure will stand...
flydubai has announced five new destinations for travel starting in 2025, enhancing its extensive network from Dubai. The new routes include Al Alamein in Egypt, Antalya in Turkey, Bushehr in Iran, Chișinău in Moldova, and Iași in Romania, along with the return of flights to Pisa in Italy. This expansion offers travelers fresh options for...