Browsing: Dubai

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of…

Uber Technologies and WeRide have partnered with Dubai’s Roads and Transport Authority (RTA) to introduce autonomous vehicles (AVs) in the city. Further details regarding the launch and subsequent phases of the AV pilot programme in Dubai will be revealed in the coming months.

Shuaa Capital’s board of directors has approved an increase in the company’s share capital after issuing mandatory convertible bonds (MCBs). This move aligns with the firm’s strategy to strengthen its financial position and capital structure.

The Emirates Group has partnered with Moro Hub, a subsidiary of Digital DEWA, to utilise co-location services at the Mohammad Bin Rashid Al Maktoum Solar Park. Moro Hub, recognised by Guinness World Records™ as the world’s largest solar-powered data centre, will host the Group’s infrastructure.

Emaar Properties has sanctioned a full dividend distribution of AED 8.8B ($2.4B) following approval at its Annual General Meeting (AGM).

The United Arab Emirates has been ranked as the second safest country in the world,…

GEMS Education and Positive Zero have signed the UAE’s largest renewable energy deal in the education sector, covering the design, engineering, installation, and maintenance of solar panels on rooftops, carports, and bus parking at 23 GEMS schools in Dubai. The newly installed solar systems will have a combined capacity of nearly 12.7 MWp, generating 21.25 GWh of electricity annually—enough to power 2,000 homes for a year.

Dubai has announced plans to build over 17,000 affordable homes as part of a wider effort to improve housing, education, and legal services.

Dubai has secured its position as the world’s No.1 destination for Greenfield Foreign Direct Investment…

Dubai-based toll gate operator Salik reported a net profit of AED 1.16 billion ($315.9 million) for 2024, with EBITDA reaching AED 1.6 billion, reflecting a 13.6% year-on-year increase.