#Dubai

micky jagtiani image credit Landmark group

Dubai’s Landmark Group founder Micky Jagtiani passes away

A constant innovator, the Indian billionaire created and led more than 27 diverse brand concepts

TaxGPT Worlds-First-AI-Powered-Corporate-Tax-Assistant image: Virtuzone

Introducing TaxGPT, the AI-powered UAE corporate tax assistant

Virtuzone has launched TaxGPT to help UAE-based businesses get answers related to the upcoming corporate tax regime based on information from the UAE’s MOF and FTA

Empower plant Image WAM-e1684523583814

Empower launches new plans, policies to drive sustainable operations

Empower has saved 412 million imperial gallons of fresh water in 2022 by using recycled water in its operations

Sheikh Mohammed

Sheikh Mohammed approves 78 environmental initiatives ahead of COP28

It includes national strategies to reduce carbon and regulate the use of solar energy products, sustainable tourism and other initiatives

Nakheel Marina

Nakheel launches luxury marina destination at Dubai Islands

Nakheel Marinas Dubai Islands is poised to become the new home for superyachts, and can accommodate a total of 13 superyachts at a time

The aircraft, 9H-FIVE, pronounced Nine-Hotel FIVE, will be based in Dubai (Image: Supplied by FIVE Hotels and Resorts)

Dubai’s FIVE Hotels introduces private jet charter service

The ACJ TwoTwenty aircraft, 9H-FIVE, will be based in Dubai and has an approximate flying range of 12 hours

Dubai government debt burden

Dubai’s debt burden to drop to 51% in 2023, says S&P Global

The government’s debt stock could fall even faster if the reduction in nominal debt continues over the coming years

Mall of the emirates 3 day super sale is back phot courtesy: Mall of the Emirates Majid al futtaim

Dubai’s 3 Day Super Sale is back, with discounts up to 90% up for grabs

The three-day super sale (3DSS) will run from May 26 to 28

UAE Weather rain

UAE weather: Rain hits parts of the country; Orange alert raised

Residents are advised to take precautions and avoid flooded areas for their safety

Empower adds DXB to its portfolio

Empower adds Dubai International Airport to its district cooling portfolio

The total capacity of the plants is equivalent to 11 times the consumption of the world’s tallest tower, the Burj Khalifa

Emirates inflight Wi-Fi in Premium Economy Class

Emirates: All passengers can now avail of free Wi-Fi onboard

The airline said all Emirates Skywards members in every class of travel can now enjoy some form of free Wi-Fi connectivity

RTA to open 3 new metro link bus routes phot courtesy RTA

Dubai’s RTA has launched these 3 new metro link bus routes

The RTA has said it will make improvements to the journey times of 48 other routes in addition to the new bus routes

biogas

Dubai announces completion of biogas-to-energy project at Warsan Wastewater Treatment Plant

The biogas power facility has the capacity to generate 44,250 MWh of electricity annually

Hedge fund

Hedge fund trader Sanjay Shah loses appeal over order to pay $1bn in tax

The authority said in a statement Wednesday that it would now begin an asset recovery process

Careem partners RTA in Dubai

Careem, RTA partner to launch ‘School Rides’ in Dubai

The company said its customers can select the ‘School Rides’ car type on its multiservice app to book affordable school rides for their children

DEWA’s high-water usage alert service reduces carbon emissions by 218,373 tonnes

The service sends instant notifications to customers if the smart meter system detects any unusual increase in consumption

Dubai retains FDI ranking

Dubai retains global top spot for attracting greenfield FDI projects

The emirate ranked first in attracting FDI projects into sectors such as tourism, business services, financial services, transport and warehousing, consumer products, and software and IT services

salik photo WAM

Toll operator Salik reports net profit of Dhs275m for Q1 2023

The toll operator reported that revenue-generating trips reached 113.6 million, exceeding the pre-pandemic peak level thanks to the recovery of economic and tourist activity, as well as mobility

Dubai Chambers signs MoU with AACCI

Dubai Chambers opens Sydney office, signs MoU with Australia Arab Chamber

The Sydney office is the second to be inaugurated in 2023 and expands the chamber’s global network to 17 representation offices

Deyaar Development

Dubai property firm Deyaar posts 125% surge in Q1 profit

The property developer’s net profit reached Dhs56.4m in the first three months of 2023 from Dhs25m in the same period last year

Emirates NBD partners with DIFC to advance shared goal of supporting the Dubai Economic Agenda D33 - Image

Emirates NBD, DIFC to support Dubai Economic Agenda D33 goals

The joint initiative aims to encourage national talent, drive innovation and entrepreneurial growth

restoration

World’s largest ocean restoration project unveiled in Dubai

URB unveils ‘Dubai Reefs’, a floating living lab for marine restoration and ecotourism

SUnset Hospitality Group expands presence in Marbella

Dubai-based Sunset Hospitality Group expands footprint in Marbella, Spain

The hospitality group will unveil the established venues inside the METTHotel & Beach Resort Marbella – Estepona

DEWA first quater net profit

DEWA’s Q1 2023 net profit up 10.4% to $208m

The utility company’s revenue for the first three months of the year hit Dhs5.44bn, up 7.3 per cent year-on-year

UAE booming tourism sector

Soaring tourism numbers bolster UAE’s economy

UAE’s tourism sector defies odds to attract record tourist numbers over the past year

co-working space

Free co-working space now opens at Jumeirah Beach Residence

Spreading across 10,000 sq ft and with a total capacity of 80 desks, Cypher Hub is specifically designed for Web3 founders and entrepreneurs to collaborate, network and partner

DIFC venture regulation

DIFC enacts new venture studio regulations

The enactment of the new regulations supports the DIFC Launchpad by providing a legislative framework for venture building

Samsung Pay

You can now pay your DEWA bill with Samsung Pay

DEWA is the first government entity in Dubai to adopt the Samsung Pay option within its digital channels

Emirates, Etihad partnership

Travel to UAE on a single booking: Emirates, Etihad Airways strengthen cooperation

Customers of each airline from this summer can buy a single ticket into either Dubai or Abu Dhabi, and return via the other airport

UAE’s flydubai introduces premium business class ‘seat’

Ten suites will be introduced to a number of the carrier’s newest aircraft before the end of the year