Dubai has once again improved its innovation performance climbing one spot to rank 14th among 30 global cities on the 3rd Dubai Innovation Index, outperforming major business destinations such as Berlin, Madrid, Shanghai and Sao Paulo.
The findings of the latest Index were released by the Dubai Chamber of Commerce and Industry on the sidelines of the Chamber’s participation in UAE Innovation Month 2018.
Compiled by Dubai Chamber in collaboration with PricewaterhouseCoopers (PwC), the Dubai Innovation Index measures innovation output on a city and industry level and provides analysis on key challenge areas as well as strengths. Through the Index, the Chamber aims to [...]
According to the Global Competitiveness Report 2017-2018, the UAE has ranked first globally in 50 indices related to many vital community, services and development sectors.
The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said, “In 2007, after launching our first federal strategy, we took on our number one global challenge to develop the work of our government authorities and attain the first position internationally. Today, in front of me, is a report about the UAE’s leading position in 50 international development indices.”
“The UAE is in first place in the quality of government decisions, the [...]
Regal RA DMCC, subsidiary of Regal Assets Inc, an internationally renowned gold investment company, and the Middle East’s first company to have been issued a Crypto trading license launched today a “deep cold storage” solution for investors and traders. For the first time, crypto-commodities owners can now store their Bitcoin, Ethereum and other altcoins in a vault located in Almas Tower, Dubai – the headquarters of DMCC, the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities.
The vault at DMCC is one of the most secure precious metal facilities in the world and will store all Regal Assets’ crypto investments in the physical form – [...]
Brands to be recognized as Consumer Superbrands or Business Superbrands for this first time based on who their end customer is
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 2018 has commenced. This year Superbrands has decided to segregate brands as Consumer Superbrands (the UAE’s strongest B2C brands) and Business Superbrands (the UAE’s strongest B2B brands) in order to recognize the relationship building marketing efforts by various brands to their target audiences.
Superbrands is by invitation only, and the brands which have been [...]
Dubai Holding, the global investment holding company, continues to play a prominent role in developing Dubai as a world-class destination for tourism and business through supporting the Emirate’s diversification plan. Its initiatives, guided by the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, are fostering a thriving environment for innovation and creativity across business sectors in the Emirate.
To build on its successes and to continue playing a pivotal role in the development of Dubai, Dubai Holding introduced a new operating model last year, under which new companies were established, [...]
Smart Dubai has signed global non-profit industry association TM Forum’s Smart City Manifesto, pledging commitment to a set of principles regulating the deployment of smart platforms that manage the vast reservoir of city data.
The Manifesto stems from TM Forum’s conviction that the challenges that cities around the world face require more than technology: there needs to be a shared collaborative framework between residents, the public and private sector to drive the desired outcome of sustainability, inclusivity and targeted innovation that benefits cities and their residents.
The online form was set to be profiled at the Smart City Expo in Barcelona, Spain, where [...]
Dubai Islamic Economy Development Centre (DIEDC) convened its first board meeting for 2018, reviewing all the initiatives that had been implemented the previous year within the framework of DIEDC’s 2017-2021 strategy that seeks to realise the Dubai: Capital of Islamic Economy vision.
At the meeting chaired by His Excellency Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of DIEDC, board members also approved in principle several initiatives to be executed in the upcoming four-year period, which would significantly contribute to achieving the Centre’s strategic objectives.
In his Chairman’s address, His Excellency Sultan bin Saeed Al Mansouri said: “The [...]
Nakheel announced a net profit of AED5.67 billion for 2017, up 14 percent on 2016.
Nakheel generated a net profit of AED1.67 billion in Q4 of 2017, an increase of 58 percent on the same period in 2016.
The 2017 results highlight the stability and maturity of Dubai’s real estate sector and reflect the robust business and economic approach adopted under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Nakheel handed over 1,439 lands and built form units in 2017, taking the total number of handovers since 2010 to 12,700, while the retail, hospitality and leasing businesses all [...]