Dubai’s hedge fund sector has experienced significant growth, increasing the number of operating hedge funds to 75. This surge comes as the emirate welcomes new multi-billion dollar firms, including Tudor Investment Corp and Walleye Capital. In addition to these prominent firms, Dymon Asia and JJJ Capital also established offices in Dubai last year, further enhancing...
The World Book of Records (WBR) London has announced that the 2025 International Excellence Awards will be hosted on February 19 at Atlantis The Palm in Dubai. This prestigious event aims to recognize and honor exceptional achievements across various industries on a global scale. WBR London, a leading organization in acknowledging outstanding accomplishments, has a...
Dubai is preparing to be the first city in the world to launch an aerial taxi project, with services anticipated to begin in the first quarter of 2026. Visitors can now see a prototype of the flying taxi, developed by Joby Aviation, on display at the Museum of the Future. This initiative marks a significant...
Dubai World Trade Centre (DWTC) has unveiled its February calendar, promising a vibrant month of events at its prestigious venues, including the Dubai International Conference and Exhibition Centre (DICEC) and Dubai Exhibition Centre (DEC) in Expo City. The schedule features 12 major events spanning diverse industries, reinforcing Dubai’s position as a global hub for business,...
Dubai’s Salik is rolling out its flexible toll system starting Friday, January 31, aiming to streamline traffic across the city. The new system will adjust toll charges based on the time of day and traffic conditions. According to Emirates 24/7, from 1:00 AM to 6:00 AM, toll charges will be completely waived. On weekdays, drivers...
Damac Properties has launched its new Riverside Views project, a riverside community development located at Dubai Investment Park. The project features a combination of greenery and water scenery, along with distinctive amenities such as hydroponic farms and a floating opera. This marks the sixth master development from Damac Properties, which has experienced exceptional demand in...
Dubai has kicked off the 50th edition of the Arab Health Exhibition and Congress, the largest and most comprehensive healthcare event in the Middle East. The event, held at the Dubai World Trade Centre from January 27 to 30, is expected to break records with over 3,800 exhibitors and more than 60,000 visitors. His Highness...
Dubai’s Roads and Transport Authority (RTA) signed a Memorandum of Understanding (MoU) with the Project Management Institute (PMI) during the 10th edition of the Dubai International Project Management Forum (DIPMF) 2025. Under this agreement, PMI will serve as an Organising Partner for future editions of the forum, actively participating in its events and activities. The...
The Roads and Transport Authority (RTA) in Dubai has officially opened a new two-lane bridge on Sheikh Rashid Road. This bridge spans 605 meters and is designed to accommodate up to 3,200 vehicles per hour. The RTA aims to enhance traffic flow and improve connectivity in the area with this new infrastructure development. The bridge...
Dubai International Airport has claimed the top spot as the world’s largest airport by seat capacity in the first quarter of 2025, surpassing Hartsfield-Jackson Atlanta Airport. A report by Cirium revealed that Dubai Airport recorded 15.1 million seats, edging past Atlanta’s 14.8 million by 2%. The airport’s growth highlights its role as a key global...