Category: What’s On

Oil prices have experienced a notable increase, marking the second consecutive weekly gain, as geopolitical developments and strategic decisions by major oil-producing entities influence global supply dynamics. The introduction of new US sanctions targeting Iran's oil sector, coupled with planned output adjustments by the Organization of the Petroleum Exporting Countries and its allies , have been pivotal in this upward trend.Brent crude futures recently rose by 0.3%, reaching $72.21 per barrel, while US West Texas Intermediate crude futures saw

Dubai has embarked on a groundbreaking initiative to revolutionise its real estate sector by launching a pilot project for property tokenization. Spearheaded by the Dubai Land Department , this endeavour positions Dubai as the first property registration authority in the Middle East to integrate blockchain technology into property title deeds, marking a significant milestone in the region's technological advancement.The core objective of this project is to democratise property ownership by allowing multiple investors to co-own a single property through digital

Abu Dhabi's Department of Municipalities and Transport has introduced the Value Housing Programme, a strategic initiative designed to diversify the emirate's real estate market and elevate living standards for both individuals and families. This programme underscores the emirate's commitment to fostering inclusive and sustainable communities, aligning with the broader objectives of the UAE Year of Community.The programme's phased implementation aims to address the increasing demand for housing by offering high-quality, affordable residential units. In collaboration with key industry

Dubai’s real estate sector saw a remarkable surge in February 2025, with property sales volumes hitting Dh41 billion, marking a 17 per cent increase compared to the previous month. This impressive growth underscores the city’s resilience amid global economic challenges and reinforces its standing as a top investment destination.The property market’s robust performance is attributed to a combination of factors, including a booming economy, a steady influx of residents, and targeted government initiatives. Despite the ongoing global uncertainties, Dubai

Dubai-based robotics manufacturer Micropolis Holding has successfully raised $15.5 million through its initial public offering on the NYSE American exchange. The company offered approximately 3.875 million ordinary shares at $4 per share, aligning with the lower end of the anticipated price range. Trading commenced on March 7, 2025, under the ticker symbol "MCRP".Established in 2014 and headquartered in Dubai Production City, Micropolis specializes in developing autonomous mobile robots . These robots utilize wheeled electric vehicle platforms equipped with

Riyadh is set to become the epicenter of artificial intelligence innovation as it prepares to host the Global AI Show on June 23-24, 2025. Organized by VAP Group, the event is expected to attract over 5,000 AI futurists, industry leaders, and innovators from around the world. This gathering underscores Saudi Arabia's commitment to establishing itself as a global hub for artificial intelligence, in line with its Vision 2030 initiative.The Global AI Show aims to foster collaboration among AI experts, policymakers,

Careem Pay, the financial services arm of the Careem app, has introduced a new remittance service enabling United Arab Emirates residents to send funds directly to bank accounts in Egypt. This development aims to provide a swift and cost-effective alternative to traditional banking methods for the substantial Egyptian expatriate community in the UAE.The UAE hosts a significant number of Egyptian expatriates, positioning Egypt among the top five destinations for remittances from the UAE. In recent years, the remittance flow

In a strategic move that could reshape the Middle East's food delivery landscape, Talabat, a leading online food ordering company, has acquired InstaShop, an online grocery delivery platform. This acquisition underscores a growing trend towards consolidation in the region's delivery sector, aiming to enhance operational efficiencies and expand market reach.Talabat, established in Kuwait in 2004, has evolved into a dominant player across the Middle East, operating in countries including Kuwait, Saudi Arabia, Bahrain, the United Arab Emirates, Oman, Qatar, Jordan,

Dubai's Roads and Transport Authority has launched the next-generation 360 Services Policy, aiming to revolutionise customer experience by delivering integrated, seamless, and proactive digital services without necessitating in-person visits. This initiative is a significant stride in RTA's ongoing digital transformation, transitioning services to self-service models accessible through shared digital platforms like the "Dubai Now" app.His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of RTA, emphasised the authority's commitment to developing a

Oil prices have experienced a significant decline, reaching multi-year lows, as a confluence of geopolitical and economic factors exerts pressure on the global energy market. The imposition of new U.S. tariffs on imports from Canada, Mexico, and China, coupled with the decision by OPEC+ to increase oil production, has led to heightened concerns about oversupply and weakened demand.Brent crude futures fell to $68.33 per barrel, while West Texas Intermediate dropped to $65.22 per barrel, marking the lowest levels observed

Nyla Abaya, a distinguished online fashion brand, has launched its premium abaya collection in the United Arab Emirates , offering an array of handcrafted designs that blend traditional aesthetics with contemporary elegance. The brand's online platform showcases a variety of abayas, each meticulously crafted to cater to the discerning tastes of fashion-conscious women in the region.The collection features abayas made from luxurious fabrics such as organza and crepe, adorned with intricate embroidery and pearl embellishments. One notable design is the

Dubai is set to bolster its status as a burgeoning hub for hedge funds with the launch of the DIFC Hedge Funds Centre, a facility tailored for emerging hedge fund startups. The Dubai International Financial Centre is repurposing a building to provide short-term, plug-and-play office spaces, enabling firms to pilot their operations before scaling up. This initiative underscores Dubai's commitment to attracting global financial players and is slated to open by the end of April.The new centre is

Dubai is set to enhance its electric vehicle infrastructure with the installation of new charging stations in the first quarter of 2025. This initiative results from a collaboration between the Dubai Electricity and Water Authority and Parkin Company PJSC , the emirate's largest provider of paid public parking facilities and services.The new charging stations will operate on alternating current with a capacity of 22 kilowatts each, accommodating two vehicles simultaneously. They will be strategically located across key

Dubai's employment landscape is undergoing a significant transformation, marked by an overwhelming influx of job seekers. Trefor Murphy, head of the recruitment firm Cooper Fitch, observes that job postings in the city, which previously attracted approximately 100 applicants, are now receiving up to 2,000 applications. This surge is attributed to Dubai's robust economic growth and its appeal as a global business hub. The city's strategic initiatives and investor-friendly policies have drawn professionals from various sectors, intensifying competition in the job market.

Dubai's Roads and Transport Authority has introduced significant advancements to its public transport services, aiming to enhance commuter convenience and align with the emirate's smart city vision. Passengers across various modes of transport can now access free Wi-Fi and utilize cashless payment options, reflecting RTA's commitment to integrating technology into daily commutes.As of February 2025, the RTA, in collaboration with e& , has successfully installed free Wi-Fi services in 29 key stations, encompassing 17 public bus stations and 12

The United Arab Emirates' banking sector is set to maintain its earnings growth trajectory into 2025, bolstered by robust government support and strong capital positions, even as monetary policy tightens. Consultancy firm Alvarez & Marsal reports that aggregate earnings for UAE-listed banks increased by 8% year-on-year in 2024, primarily due to a 26.8% decline in annual impairment charges, attributed to recoveries and reduced write-downs. However, return on equity and return on assets experienced declines of 87 basis points and

Uber, in partnership with Dubai's Roads and Transport Authority , has unveiled 'Uber School,' a transportation service tailored for students aged eight and above. This initiative aims to provide families with a cost-effective and secure solution for daily school commutes.Operating between 6 AM and 6 PM, Uber School aligns with standard school hours and accommodates extracurricular activities. Parents can anticipate savings of up to 35% on transportation expenses when booking ten or more trips weekly. The service is integrated into

Abu Dhabi-based investment platform 2PointZero has announced its intention to list on the Abu Dhabi Securities Exchange by the end of this year. Group Chief Executive Mariam Al Mheiri disclosed the company's plans during the Investopia conference in the UAE capital on Wednesday.Established last year by International Holding Company , 2PointZero boasts an asset base exceeding Dh100 billion . The platform encompasses a diverse portfolio, including private investment firm Chimera and its subsidiaries Lunate and Beltone. Other notable entities under

The American University in Dubai has formalised a significant partnership with the University of Pennsylvania’s Perelman School of Medicine to establish the AUD School of Medicine in Dubai. This collaboration marks a major step in enhancing medical education in the UAE, leveraging Penn Medicine’s vast expertise to provide world-class training and resources to future healthcare professionals in the region.The new school aims to offer a rigorous medical programme that aligns with international standards, drawing upon Penn Medicine’s reputation

Dubai has introduced 'Salama,' an artificial intelligence-powered platform designed to expedite visa renewals, allowing residents to complete the process in minutes without physical paperwork or visits to service centres. The General Directorate of Residency and Foreigners Affairs announced this initiative on Monday, aligning with the UAE's broader digital transformation strategy.Salama automatically recognises user details upon login, displays the status of dependents' visas, and highlights the remaining days until expiration. Residents can select the desired renewal period, process requests immediately,

Deyaar Development, a prominent real estate developer in the UAE, has announced the launch of AYA Beachfront Residences, its inaugural residential venture in the Emirate of Umm Al Quwain. This strategic expansion signifies Deyaar's commitment to broadening its footprint across the nation's diverse real estate landscape.AYA Beachfront Residences is poised to set a new benchmark for coastal living in Umm Al Quwain. The development boasts a range of luxurious accommodations, including penthouses, sky villas, and duplexes, all meticulously designed to

Dubai's leading public parking provider, Parkin Company PJSC, has unveiled a mobile application designed to revolutionise parking for residents and visitors. The app offers a range of features aimed at simplifying parking management, enhancing accessibility, and promoting efficient urban mobility.Users can register through three methods: creating an account directly, utilising UAE Pass, or linking an existing Roads and Transport Authority account via the Parkin registration form. Once registered, the app enables payments for public parking, including multi-storey car parks,

Dubai's Security Industry Regulatory Agency has officially launched the "Tawash" system, a cutting-edge digital platform designed to revolutionise the security of gold and jewellery transportation within the emirate. Unveiled during the Intersec 2025 event at the Dubai World Trade Centre, "Tawash" aims to provide real-time tracking and enhanced protection for valuable consignments, leveraging advanced artificial intelligence technologies.The "Tawash" system enables gold and jewellery companies to manage the transport of their valuables using their own licensed and accredited personnel, eliminating

The United Arab Emirates is set to experience a period of unstable weather conditions over the coming days, influenced by the convergence of low-pressure systems and upper-air disturbances. According to the National Centre of Meteorology , these atmospheric changes are expected to bring fluctuations in temperature, increased humidity, and a likelihood of rainfall across various regions.On Saturday, 22nd February 2025, the NCM reported fair to partly cloudy skies, with humidity rising during the night and into Sunday morning, leading

The International Charity Organisation has commenced the distribution of 5,000 food parcels throughout the United Arab Emirates as part of its 2025 Ramadan initiative aimed at supporting low-income families. This effort underscores the organisation's dedication to social responsibility and community solidarity during the holy month.Dr. Khaled Al Khaja, Secretary-General of ICO, emphasised the importance of this initiative, stating that it reflects the organisation's commitment to aiding those in need. He highlighted that teams are working diligently to ensure the

Choosing an appropriate counseling center is a pivotal decision for individuals seeking mental health support. The right environment not only provides professional assistance but also fosters a sense of safety and trust, essential for effective therapy.Counseling centers offer a structured setting where licensed professionals address various mental health concerns, including anxiety, depression, and stress-related issues. These centers are staffed by trained therapists who employ evidence-based approaches tailored to individual needs. The National Institute of Mental Health emphasizes the importance of

Dubai-based Dubizzle Group has acquired Egypt's leading online car marketplace, Hatla2ee, in a strategic move to enhance its footprint in the Middle East and North Africa's automotive sector. This acquisition aims to integrate Dubizzle's advanced technology with Hatla2ee's established platform, offering an improved experience for car buyers and sellers across Egypt.Founded in 2016 by CEO Samy Swellam, Hatla2ee has become a prominent platform in Egypt for trading new and used vehicles. The platform attracts over two million unique monthly visitors,

Aldar Properties has announced 'The Wilds,' a groundbreaking residential development in Dubai that seamlessly blends luxury living with natural habitats. This initiative, in partnership with Dubai Holding, introduces a community designed to harmonize modern residences with diverse wildlife and lush greenery.Strategically located along Sheikh Mohammed bin Zayed Road, opposite Global Village, 'The Wilds' is set to become a sanctuary for families and nature enthusiasts. The development plans to offer nearly 1,700 homes, including five- and six-bedroom mansions crafted by renowned

Dubai’s International Financial Centre has seen an unprecedented 25% rise in company registrations over the last year, marking a record high. The financial district, now home to 6,920 active companies, has experienced a significant surge, up from 5,523 in the previous year. This surge signals a growing trend of international businesses, particularly hedge funds, flocking to the emirate’s burgeoning financial sector.The rapid rise in registrations comes as Dubai cements its status as a leading global financial hub. The DIFC

Saudi Arabia holds the largest portion of the Gulf Cooperation Council's debt capital market , accounting for 44.8 percent of all outstanding issuances, according to recent data from Fitch Ratings. This makes the kingdom a dominant player within the region's financial landscape, which has seen substantial growth over the past year.The total value of the GCC’s debt capital market surpassed $1 trillion by the end of January 2025, marking a significant 10 percent increase year-on-year across all currencies.

A high-level delegation from the UAE will soon engage with European Union officials as part of an effort to combat financial crime through enhanced cooperation on anti-money laundering measures. The meeting, set to take place later this month, is seen as a significant step towards reinforcing the UAE’s commitment to global efforts in fighting illicit financial activities.The UAE has been steadily improving its AML framework, with authorities introducing a range of initiatives in response to international pressure and evolving

As 2025 unfolds, entrepreneurs are strategically positioning themselves to harness emerging trends across various sectors. Key areas such as artificial intelligence , sustainability, and remote work are at the forefront, offering a plethora of innovative business opportunities.The AI industry is witnessing significant advancements, with startups like Figure AI leading the charge. The company is reportedly in discussions to secure $1.5 billion in new funding, potentially elevating its valuation to $39.5 billion. This surge in investment underscores the growing demand for

Emaar Properties PJSC has reported unprecedented financial results for 2024, with total property sales reaching AED 70 billion , marking a significant milestone in the company's history. This achievement is set against the backdrop of a robust UAE real estate market, which has experienced remarkable growth over the past year.The company's revenue for the year stood at AED 35.5 billion, reflecting a 33% increase from the previous year. Net income attributable to owners was AED 13.5 billion, up 16% from

Planning a multi-generational getaway that balances affordability and comfort? Here are ten U.S. destinations offering diverse activities to delight every family member.Orlando, Florida, stands out as a premier family vacation spot. Home to Walt Disney World Resort, it offers attractions like the Magic Kingdom and Animal Kingdom, providing entertainment for all ages. Families can also explore the Orlando Science Center and the Crayola Experience, ensuring a blend of education and fun.San Diego, California, boasts a pleasant climate and a variety