Dubai International (DXB) started the final quarter of the year on a positive note with 7 million plus customers passing through its doors in October.
There was moderate growth in October (2.1% YoY), helping the hub’s traffic to reach 74.5 million passengers for the year.
Key facts and figures
Customers served: 7,007,823 in October (2.1%) taking DXB’s year to date numbers to 74,529,259 (+1.5%).
Baggage volumes: 5.7 million bags (+4%) passed through the airport’s sophisticated 175 km long baggage system during October.
Waiting Times: Thanks to the state-of-the-art operations centre at DXB which leverages real-time information to [...]
Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia region (MEASA), has made great strides in the FinTech space, cementing Dubai’s position as one of the world’s top 10 FinTech hubs and a preferred growth platform for startups and SMEs.
Most recently, DIFC has hosted the 6th annual International Finance Corporation (IFC) FinTech CEO Summit. This is the first time IFC, a member of the World Bank Group, has held the event outside its Washington D.C. headquarters, and gathered close to 200 of the world’s leading CEOs and innovators in the world of FinTech to discuss the latest developments and most [...]
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, the 5th edition of The Knowledge Summit 2018 started today in the presence of Dubai Crown Prince HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, and Chairman of the Mohammed bin Rashid Al Maktoum Foundation His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum.
The opening session was also attended by Minister of Cabinet Affairs and The Future Mohammed Abdullah Al Gergawi; Cabinet Member and Minister of Health and Prevention H.E. Abdul Rahman Al Owais, and Minister of State for Artificial Intelligence Omar Al [...]
by Brian Pinnock, cybersecurity specialist at Mimecast
What lies ahead for companies, governments and individuals regarding cybersecurity in 2019? Will we see the EU government forcing US data centers to hand over data? Will the European Union issue its first major fines for organisations in contravention of its General Data Protection Regulation? Will our growing dependence on social media expose us to unwanted risks as our accounts become compromised?
The World Economic Forum recently placed cybersecurity as the fifth biggest global risk for doing business, with 19 countries ranking it as their number one concern, including 14 in Europe and North America, as well as [...]
15th edition of Superbrands UAE to feature local home-grown brands
Superbrands, the independent authority and arbiter of branding, announced that the voting process to choose the brands in the UAE which will be recognised and honoured as a Superbrand 2019 has begun.
Speaking on the importance of delivering impactful interactions that deliver a clear brand purpose and narrative, Mr. Mike English, Director, Superbrands Middle East, said, “The world is changing rapidly, and it’s hard to scale, differentiate yourself, and maintain trust in the ever-changing marketing world. Today more than before, brands have to make themselves relevant and valuable to the consumer which is [...]
Emirates, Etihad, flydubai, Air Arabia and Al Fursan took to the skies in unison today to celebrate the UAE’s 47th National Day, as well as commemorate the legacy and values of HH Sheikh Zayed. The late founding father of the UAE dedicated his life and leadership to unify and shape a better collective future for the nation, and today’s formation flight is a soaring display of unity as all four carriers showcase the UAE’s aviation success story to the nation and world.
The spectacular flypast – a world-first and a UAE civil aviation milestone – involved over 11 aircraft: a flydubai Boeing 737 MAX 8 (Zayed 1), an Air Arabia Airbus A320 (Zayed 2), an Etihad Airways [...]
The Dubai Gold and Commodities Exchange (DGCX) has been named, for the second consecutive year, ‘Exchange of the Year’™ at the prestigious Global Investor MENA Awards 2018. The award recognized DGCX’s exceptional performance over the last 12 months, which saw it record new all-time trading highs, launch innovative products, services and initiatives, as well as implementing cutting-edge technology to better serve the needs of its clients.
DGCX beat stiff competition from the region’s leading exchanges to win the award. In the qualifying period, the Exchange traded over 19.3 million contracts, setting a new overall volume record, with notional value [...]
dnata, one of the world’s largest air services providers, announced that it acquired a majority stake in bd4travel (Big Data for Travel), an award-winning tech company, which provides artificial intelligence(AI)-driven IT solutions to online travel agencies.
Based in Germany and the UK, bd4travel’s services were designed specifically to meet the challenges of the travel industry. The company’s sophisticated algorithms allow online travel agencies to engage with anonymous customers and personalise their shopping experience in real-time, recommending the most relevant products, services and content to them.
Running more than 40 separate sites, bd4travel currently serves [...]
Smart Dubai reported a great turnout at its booth in the 8th Smart Cities Expo & World Congress, where it headed a delegation of 11 of its strategic government and semi-government partners, showcasing advanced smart city services.
The premier annual gathering of smart city leaders offered Smart Dubai an ideal platform to showcase the emirate’s smart transformation accomplishments over the past year. Taking place on November 13-15, 2018, in Barcelona, Spain, the event also saw Smart Dubai sign a partnership agreement with MasterCard.
Her Excellency Dr Aisha Bint Butti Bin Bishr, Director General of Smart Dubai, said: “The Smart City Expo & World Congress has [...]
23 start-ups from across 14 countries present concepts and solutions to over 350 investors and partners at second FinTech Hive Investor Day, and in the presence of His Excellency Essa Kazim, Governor of DIFC
FinTech Hive at DIFC, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, marked another milestone in its continued support for financial innovation with the completion of the 2018 edition of its accelerator programme, launched in collaboration with Accenture.
The number of start-ups in the programme doubled to 22 from 11 in the 2017 cohort. Along with one additional start-up, selected as the winner of [...]
As urban leaders from around the world gather for Smart City Expo World Congress this week in Barcelona, Mastercard launched a unique global network for urban co-development. As part of its City Possible program, Mastercard is connecting cities with academia and businesses to identify common challenges that can be best addressed through collaboration.
Sixteen cities are becoming founding members of the global City Possible network – representing a diverse mix of geography and size: Athens, Aurora, IL, Baltimore, Dubai, Dublin, Helsinki, Honolulu, Kansas City, Melbourne, Prague, San Diego, and Altamonte Springs, FL, as well as the Greater Sydney communities of Campbelltown, [...]
Dubai Future Foundation (DFF) announced the Completion of the Museum of the Future’s Structure.
HE Mohammed Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future and Vice Chairman of the Board of Trustees and Managing Director of DFF, said: “The museum will provide visitors the opportunity to experience the future now. It will be the destination for scientists, experts, innovators, and creative minds, from all over the world, to design and shape the future”.
Al Gergawi stated that the Museum of the Future, set to open its doors in 2020, embodies one of the pillars of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime [...]
Dubai Chamber of Commerce and Industry has announced that it has signed a Memorandum of Understanding (MoU) with Etihad Credit Insurance, the UAE Federal export credit company, with the aim of enhancing the competitiveness of Dubai-based companies in global trade.
Under the terms of the agreement, Dubai Chamber will organise and host several seminars and workshops in cooperation with Etihad Credit Insurance that will educate businesses in Dubai about the benefits of trade credit insurance, surety bonding and trade finance solutions.
In addition, Etihad Credit Insurance will share market intelligence in this area and highlight countries and sectors that offer new [...]