October 2024 — Topical news of the United Arab Emirates

October 8, 2024 no comments 536
The Ras El Hekma project is expected to drive significant economic growth, attracting $110bn in investment by 2045 Abu Dhabi-based sovereign fund ADQ appointed IHC’s Modon Holding as the master developer of a vast project to develop a city at Ras El Hekma on Egypt’s north coast....

October 5, 2024 no comments 662
The commercial asset features five interconnected blocks offering a gross leasable area of 370,761 square feet Dubai business park operator TECOM Group said on Tuesday that it had signed an MOU to acquire a Grade-A commercial asset in Dubai Internet City for $196m (Dhs720m). The...

October 5, 2024 no comments 656
The factories, spanning 220,000 square metres, will produce essential equipment and parts for the real estate sector Real estate developer Azizi Developments plans to establish 12 state-of-the-art factories in Khalifa Economic Zones Abu Dhabi (KEZAD), it announced earlier this week....

October 5, 2024 no comments 441
Foldable e-scooters without seats will now be allowed on both the metro and tram, provided they meet specific size and weight restrictions Dubai’s Roads and Transport Authority (RTA) has announced a policy change, lifting its ban on e-scooters inside Dubai Metro and Tram. The RTA...

October 4, 2024 no comments 722
His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, President of the Sharjah Maritime Academy (SMA), announced the provision of jobs for the graduates of the SMA's first batch. This was announced during His Highness's speech on Thursday...

October 4, 2024 no comments 586
The top five sectors by FDI capital in Dubai during H1 2024 were building and materials, software and IT services, hotels and tourism, real estate and automotive manufacturing Dubai has maintained its position as the world’s leading city for attracting greenfield foreign direct...

October 4, 2024 no comments 668
Emirates has announced the cancellation of all flights to and from Iraq (Basra and Baghdad), Iran (Tehran) and Jordan (Amman) on Oct.4 and 5 due to the prevailing state of regional unrest. A spokesperson has stated that customers travelling through Dubai with destinations in Iraq, Iran and...

October 4, 2024 no comments 756
The initiative aims to build trust and accountability in ADQ’s AI implementations and drive transformation across its portfolio Abu Dhabi wealth fund ADQ has partnered with Switzerland’s EQTY Lab to accelerate the adoption of artificial intelligence (AI) technologies within its...

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