MBRSC joins global space consortium
The Mohammed bin Rashid Space Centre (MBRSC) has officially joined the Space Climate Observatory International (SCO), a global consortium of space agencies and organisations led by the National Space Studies Centre (CNES), which aims to coordinate global efforts to accurately monitor climate change impacts. By joining
Downtown Design returns to Dubai in November
Downtown Design, the region's leading industry event, will once again take place in Dubai from 9 to 12 November 2022. For nine years, the exhibition has attracted the most fashionable designers and buyers from the Middle East, Europe, Africa and Asia. Its audience is growing and
World’s largest hydroponic farm opened in Dubai.
The world's largest hydroponic farm has opened in Dubai, capable of producing more than 1 million kg of leafy greens per year. The Bustanica facility covers an area of 30,000 square metres and uses 95% less water than standard farming operations. The farm is part of
Dubai to create more than 40,000 virtual workplaces
Dubai will create 40,000 virtual jobs in the next five years as part of a new Dubai Metaverse Strategy announced by His Highness Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince and Chairman of the Emirate's Executive Council. The number of companies involved in the development
UAE President announces creation of a fund to support development of space sector
The President of the United Arab Emirates, His Highness Sheikh Mohammed bin Zayed Al Nahyan, has announced the establishment of a AED 3 billion (around US$ 817 million) fund to support space sector development. The fund will support new pioneering space exploration programmes and research. The
Dubai is No. 1 on the list of the world’s best destinations for FDI in tourism
Dubai has retained the world's top spot for attracting foreign direct investment (FDI) in tourism in 2021. According to The Financial Times fDi Markets, the world's leading source of cross-border foreign direct investment data, Dubai ranked first in terms of capital, projects and job creation
IPP projects enhance promising investments flow
H.E. Saeed Mohammed Al Tayer, Director General of Dubai Electricity and Water Authority (DEWA), announced that DEWA's current projects with the private sector under the Independent Power Producer (IPP) model exceed 4,000 megawatts (MW), with an investment of over AED 40 billion. He said that