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The ships and boats sector was one of the nation’s leading industries as the vessels served as the main means of transporting goods and travellers, engaging with neighbouring countries, and building bridges of trade. A report issued by the Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET) states that […]

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The 108th Open Auction for Distinctive Vehicle Number Plates held by Dubai’s Roads and Transport Authority (RTA) at the Hilton Dubai Al Habtoor City on 18th December has raised AED36.548 million. The number Q 22 achieved the highest price value, as this number was sold for AED 5,000,000 followed by the number Z 31 for […]

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Expo 2020 Dubai visit numbers have increased significantly to a total of 7,167,591 visits in the period up to 20th December, as organisers continue to maintain robust COVID-19 measures, ensuring a safe and exceptional event for all attending. Expo 2020’s virtual visitation rose to 31.6 million over the same period, mainly driven by the uptake […]

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As a part of Dubai government efforts to create new economic sectors, it was announced today that the Dubai World Trade Centre (DWTC) will become a comprehensive zone and regulator for virtual assets and crypto including digital assets, products, operators and exchanges. The Dubai World Trade Centre will be designing a comprehensive ecosystem for this […]

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Gulf Capital, a leading thematic alternative investment firm in the GCC and Asia, announced today the appointment of Shantanu Mukerji as its first on-the-ground Private Equity Managing Director to head its newly opened office in Singapore. Mr. Mukerji will lead the Firm’s activities in Asia, looking at new private equity investments, bolt-on acquisitions and growth […]

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