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Burj Al Arab

Indian media giant signs Dubai blockchain deal

Eros Investments, run by India’s Lulla family, plans to develop Web 3.0 and blockchain businesses out of Dubai as part of a partnership deal to operate under Dubai’s new virtual assets regulator, the company said on Tuesday. The deal is part of a push by the United Arab Emirates to become a global hub for […]

The Waldorf Astoria in Dubai

Dubai sees international visitors surge 214%

Dubai hosted 3.97 million overnight international visitors in the first quarter of 2022, up 214 percent from the same period last year, the emirate’s government said on Tuesday. The Expo 2020 Dubai world fair, which ran from October to March and which Dubai looked to as a to boost its economy, saw 24 million visits […]

AerCap, the world's biggest aircraft lessor, has submitted a $3.5 billion insurance claim. Picture: Creative Commons

Billion dollar battle to begin for planes grounded in Russia

Lessors with hundreds of jets stuck in Russia are preparing for what one said would be a “vigorous” pursuit of insurance claims while maintaining discreet contact with some customers after Moscow blocked the jets from leaving. The loss of over 400 leased planes worth almost $10 billion since Western countries sanctioned Russia has led to […]

Perth airport in Western Australia

Air travellers ‘still risk Covid infection,’ study warns

Passengers are still at risk of coronavirus infection while travelling on aeroplanes and in airports, researchers have warned. A study in the Journal of Travel Medicine reported that two Covid-positive passengers infected 15 other people during a 10-hour flight from Dubai to Australia in July 2020 – despite mandatory face masks for passengers, the use […]

Outdoors, Nature, Wheel

Belgian music festival launches adults-only desert glamping

Belgian music festival organiser Tomorrowland has teamed up with local partners to open an adults-only desert resort, which will include luxury glamping accommodation, it was announced yesterday at the Arabian Travel Market in Dubai. The desert resort, to be named Terra Solis, will be located in Dubailand, Al Yufra, 25 minutes’ drive from Downtown Dubai […]

In the race to be the global hub of Web3, there is significant opportunity

Will Dubai win the Web3 race?

The co-founder of Tahseen Consulting, one of the MENA’s top tech policy firms, rates Dubai’s chances of becoming a hub for the decentralised web and crypto exchange

Talabat riders refused to work over their pay and working conditions. Picture: Twitter

Food drivers stage walk-out over pay inspired by Deliveroo

Foreign food delivery workers in the United Arab Emirates staged a mass walk-out yesterday, calling for better pay and working conditions in a rare instance of industrial action in the country. The strike follows similar action this month in which foreign workers forced another company to suspend plans to cut pay. In the latest episode, […]

Boat, Transportation, Vehicle

New Dubai tourism plans for world famous QE2

Hospitality giant Accor on Monday announced it has added the world-renowned cruise ship, the Queen Elizabeth 2 (QE2), to its portfolio as it looks to boost its luxury offerings in the UAE.  The cruise ship will undergo further upgrades and renovations prior to joining the MGallery Hotel Collection. No date has yet been confirmed for […]

Downtown Dubai and Burj Khalifa

Dubai sets up office to manage $49.4bn sovereign debt

The Dubai government has established a debt management office and appointed Rashid Ali bin Obood Al-Falasi as its chief executive, it announced on Monday. The office – which analysts say will streamline debt issuance and improve transparency – will manage the sovereign debt portfolio and be responsible for meeting the government’s financing requirements, the Dubai […]

Expo 2020 Dubai

Costs at three-year high in UAE non-oil sector

Energy and material costs are at their highest levels for more than three years in the United Arab Emirates non-oil sector, forcing businesses to increase their prices, according to the latest S&P Global UAE Purchasing Managers’ Index (PMI) released on Monday. “The burden of rising input prices continued to be felt across the UAE non-oil […]

Could crowdfunding seed the Gulf’s next Unicorn?

Democratised funding is set to breed a new generation of innovative regional businesses, say experts Crowdfunding, the alternative funding concept, represents an exciting reality in the Gulf region following a flurry of regulatory reforms. This innovative practice of funding a venture by raising smaller amounts of money from a large number of people is a […]

‘Savvy’ investors snap up DEWA shares

Plenty of mystery surrounds the listing of Dubai utilities giant DEWA, the Middle East’s largest IPO since the floating of Saudi Aramco in late 2019. When CNBC’s Dan Murphy organised an interview with DEWA’s CEO, he hoped to extricate some details from the infamously secretive boss.  Amid surging shares following news of the float, Saeed […]

DEWA IPO bodes well for Dubai’s asset sale

A further nine government and state-owned companies are now set to be listed on the DFM Optimism is growing over government plans to monetise state assets following the hugely successful Dubai Electricity & Water Authority (DEWA) initial public offering (IPO). DEWA debuted on the Dubai Financial Market (DFM) on April 12 in the UAE’s largest […]

The museum cost $136 million and took a decade to open from when the idea was first conceived
  • Insight

The mind-blowing numbers behind the Museum of the Future

The Museum of the Future is a “living museum” aiming to contribute to a deep intellectual movement, connecting thinkers and experts and acting as a test bed to create innovative solutions for global challenges.   Rising 77 metres above the ground the structure was built using robotic technology and with an emphasis on sustainability.  The façade […]