Browsing: Government Initiatives

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Dubai’s RTA Announces 116 Private Sector Tenders by Year-End

Dubai’s Roads and Transport Authority (RTA) has called upon companies and the wider business sector, including small and medium-sized enterprises (SMEs) across the UAE, to take part in 116 tenders and auctions that will remain open until the close of 2025.

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Dubai Land Department Reinforces Principles of Transparency and Promotes a Culture of Integrity within its Operational Framework

Dubai Land Department (DLD) was recognised under the ‘Best Practices – Anti-Fraud Category’ by the UAE Internal Auditors Association, in recognition of its pioneering efforts in developing an integrated system for fraud risk management and prevention. The award also acknowledges DLD’s commitment to enhancing transparency and promoting a culture of integrity across the real estate sector.

Business

Abu Dhabi Marks $1.09B Milestone Projects in 2024

The Department of Municipalities and Transport – Abu Dhabi (DMT) has outlined its major achievements for 2024, reflecting substantial progress and innovation across various communities in the emirate. The year saw the successful completion of priority projects worth AED 4 billion, forming part of a broader, long-term development agenda with a total budget surpassing AED 75 billion.

Business

UAE Payments Revenue to Hit $27.3B by 2028

The UAE’s payments industry will see significant growth, with revenues reaching $27.3B by 2028, according to Boston Consulting Group’s (BCG) Global Payments Report 2024.Despite a global slowdown, the UAE remains a leader in the GCC, driven by rapid digital transformation and strategic financial sector investments.