Browsing: Dubai Economic Agenda

As part of its ongoing commitment to advancing the real estate ecosystem and fostering innovation and collaboration among sector stakeholders,

Saeed Mohammed Al Tayer, MD and CEO of DEWA, stated that electricity connection requests for commercial projects rose by 4.51% in 2024 through the Al Namoos service.

The Dubai Department of Economy and Tourism (DET) has signed an MoU with Premier Inn Middle East to enhance tourism offerings and visitor experiences.

Emirates has received its first A350-900 aircraft, marking a significant milestone in the airline’s fleet expansion strategy. This delivery highlights the enduring partnership between Emirates and Airbus, founded on innovation, efficiency, and operational excellence. The A350 is set to enhance Emirates’ medium and long-haul services, extending the airline’s reach beyond its current network.

Dubai has announced its ambition for 90 per cent of transactions in the city to be digital as it rolls out a cashless society strategy.

The global digital creative economy is set to reach AED 27T by 2030, propelled by emerging technologies such as artificial intelligence (AI) and virtual reality. This projection comes from a study by Dubai Design District (d3) and Dubai Media City, in partnership with global consultancy Monstarlab.

Small businesses in Dubai will receive e-commerce support through a partnership between the Dubai government and Noon, a major UAE online retailer.

Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME) significantly boosted its support for entrepreneurs and businesses in the first half of 2024, ensuring SMEs contribute to economic growth in Dubai.

Dubai Chamber of Digital Economy, part of the Dubai Chambers network, announced it supported 215 high-potential digital startups in the first half of 2024. This marks a 212% increase from the 69 companies supported during the same period last year, with the total market value of these startups reaching approximately USD 7B.

Dubai’s economy expanded by 3.2% in the first quarter of 2024 compared to the same period last year, as per data released by the emirate’s government.