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Tag Archives: Dubai

KhalifaSat: Dubai ruler inspects first UAE-made satellite

Emirati engineers are the first in the Arab world to construct a satellite without foreign assistance The ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum, walks toward the United Arab Emirates stable during a veterinary check at the equestrian endurance competition at the 15th Asian Games in the desert outside Doha December 14, 2006. The ruler of Dubai, Sheikh …

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Youth, happiness, space and cryptocurrencies: Main topics on the agenda of Dubai’s World Government Summit

By- Yasmine Saleh, ZAWYA Officials in the United Arab Emirates (UAE) have announced the key themes that will be discussed at the World Government Summit (WGS) in Dubai next month. The sixth edition of the WGS is scheduled to take place on February 11-13. It will include 4,000 attendees from 140 countries, according to a press release sent to the …

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Sheikh Mohammed launches eco-tourism project in Dubai

  The reserve spans 10% of the emirate of Dubai’s total area Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum attends the Dubai World Cup at Meydan racecourse. Image used for illustrative purpose. DUBAI: The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al …

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Alibaba Cloud to open its second data centre in Dubai next year

Company’s long-term goal is to establish cloud computing as digital foundation for new global economy Dubai – Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba Group, is set to open its second data centre in Dubai next year, a top company official said. The company opened its first new data centre in the Middle East in Dubai …

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Record spending on Expo 2020 to give a big fillip to Dubai’s economy

Infrastructure expenditure is due to rise by 46.5% in 2018, accounting for 21% of total spending. Dubai – A record spending of Dh56.6 billion envisaged in Dubai’s expansionary budget for fiscal 2018 will trigger a major jump in investment spending and provide a major boost to the economy, analysts said. The budget, allocating an increased spending to boost infrastructure efficiency, …

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Dubai Airshow: Emirates Mars mission on track for 2020 launch

Project manager Omran Sharif said the UAE expects to learn more about changes to planet’s atmosphere. The Emirates Mars Mission is on track to launch its first probe in 2020, with the programme helping to continue developing the UAE’s knowledge economy and inspiring a new generation of scientists, according to project manager Omran Sharaf. Speaking at the Dubai Airshow on …

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Expo 2020 Dubai, Unido to deliver development goals

Both organisations signed a MoU to work together on some of the targets for 2030 by exploring initiatives. Expo 2020 Dubai is set to work with the United Nations Industrial Development Organisation, UNIDO, to promote entrepreneurship and investment around the world to help realise the UN’s Sustainable Development Goals, SDGs. The two organisations signed a Memorandum of Understanding, MoU, on …

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WGES 2017: Dubai’s National Bonds signs $653 mln deal to finance clean energy projects

Dubai Electricity and Water Authority (DEWA) on Tuesday signed an agreement with National Bonds to set up a 2.4 billion UAE dirham ($653.4 million) green fund at the World Green Economy Summit (WGES) that opened in Dubai today. “The fund will also be the first major green fund that will have a dedicated arm for Sharia-compliant investments,” Saeed Mohammed Al …

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New $250 million Dubai tech fund to target 15 investments

The new $250 million technology investment fund launched on Wednesday by Middle East Venture Partners (MEVP) will invest in about 15 companies, including a number of its existing portfolio companies, CEO Walid Hanna has said. Speaking to Zawya on the sidelines of the launch in Dubai, Hanna said he was “absolutely confident” of being able to source enough investible businesses. …

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Plans moving forward for the European Union’s ‘House of Europe’ in Dubai

Plans to build a commercial property in Dubai for the European Union (EU) are currently underway with a construction tender expected next year, the project’s developer, Kleindienst Group, has said. The venture, currently awaiting building permission, is designed to be a ‘wood-only’ high-rise in the United Arab Emirates (UAE). Thomson Reuters Projects reported in July last year that Dubai-based developer …

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