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September 23, 2021

Emirates becomes first airline to implement IATA Travel Pass across six continents

Emirates is the first airline to implement the International Air Transport Association’sIATA Travel Pass solution on six continents as it rolls out this digital health pass to customers at all its destinations.

Following successful trials in April on select routes from its Dubai hub, Emirates gradually expanded the IATA Travel Pass pilot to customers on 12 routes in June and the airline has now signed a contract with IATA to implement the solution across its global network.

Currently available to Emirates customers travelling from 50 cities, the roll-out across all 120+ Emirates destinations is expected to be completed by October.

Adel Al Redha, [...]

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September 23, 2021

Dubai recognised by UN as role model for smart, sustainable, resilient city

Hamdan bin Mohammed congratulates government entities that helped Dubai become a UN-designated role model for a smart, sustainable and resilient city

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council, met with heads of government entities whose efforts helped Dubai gain the United Nations Office for Disaster Risk Reduction’s recognition as a Role Model for a smart, sustainable, and resilient city.HH Sheikh Hamdan bin Mohammed said the vision of Vice President and Prime Minister of the UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum to transform Dubai into a model for future cities has [...]

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September 22, 2021

DWTCA, SCA team up to regulate crypto assets in Dubai

Under the agreement, SCA will oversee, monitor, and inspect entities operating within DWTCA’s free zone

The Dubai World Trade Centre Authority (DWTCA) is closer to regulating crypto-related financial activities within DWTCA’s free zone

The Securities and Commodities Authority (SCA) and the DWTCA have entered into an agreement supporting the regulation, offering, issuance, listing and trading of crypto assets and related financial activities within DWTCA’s free zone.

“With the rise of new technologies such as non-fungible tokens set to play an important role in the future of commerce, and building on the Future Blockchain Summit, our globally [...]

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September 22, 2021

Hamdan bin Mohammed opens Gastech 2021

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, opened Gastech, the world’s foremost exhibition and conference supporting the gas, LNG, hydrogen, and energy industry.  Held under the patronage of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Gastech 2021 brings together 15,000 global industry professionals in-person for the first time since the onset of the COVID-19 pandemic. The event runs until Thursday 23 September.

HH Sheikh Hamdan said Dubai has adopted the highest global benchmarks for sustainable development with [...]

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September 22, 2021

Emirates Pavilion ready to welcome visitors at Expo 2020 Dubai

Expo 2020 Dubai’s must-see aviation attraction is gearing up to open its doors to the public on 1 October. Located in the Opportunity District, and within walking distance of the Al Wasl Dome, the Emirates Pavilion offers a preview for the future of commercial aviation, reframing the role that science and technology will play in the next 50 years of air travel, as it welcomes visitors to experience two floors of interactive multi-sensory installations. From today, visitors to Expo 2020 Dubai can plan their visit to the Emirates Pavilion and book their preferred date and time slots in advance. Construction on the Emirates Pavilion began in March 2019 and was completed in June [...]

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September 22, 2021

Dubai is at the frontier of leading financial markets, study by Dubai Competitiveness Office shows

Innovative initiatives and partnerships along with a series of regulatory reforms have placed the financial markets industry in Dubai at the frontier of global financial centres, shows an analysis of the financial markets in the emirate conducted by the Dubai Competitiveness Office (DCO) in Dubai Economy. 

Citing the example of the Dubai International Financial Centre (DIFC), which has consistently ranked amongst the top 15 global financial centres in the last five years, and innovative trends visible in Dubai, the analysis reveals that the financial market ecosystem in the emirate is well-positioned to enable capital flows, business growth, and economic [...]

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September 22, 2021

Ahmed bin Saeed opens SPE’s Annual Technical Conference & Exhibition

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, has attended the inaugural session of the 2021 Society of Petroleum Engineers (SPE) Annual Technical Conference and Exhibition (ATCE), which opened in Dubai.

Saeed Mohammed Al Tayer, Chairman of Dragon Oil Company, said that Dubai aspires to be a global platform for introducing innovative, knowledge-based solutions to address the challenges of climate change.

“There is a pressing need for the UAE oil & gas sector to take the lead and address one of the biggest challenges it’s currently facing, namely reach net-zero carbon emissions. A daunting target that requires [...]

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September 22, 2021

Emirates NBD’s ‘Get Together. Go Contactless’ campaign records more than 34 million transactions

Customers win big prizes as contactless adoption grows

Emirates NBD, a leading banking Group in the MENAT (Middle East, North Africa and Turkey) region, has recorded 34 million contactless transactions in eight weeks as part of its ‘Get Together. Go Contactless’ campaign. The campaign’s success builds on the bank’s continued efforts to encourage and accelerate use of contactless payments.

Emirates NBD’s campaign, which ran earlier in the year in partnership with global digital payments leader Visa, rewarded customers for making the transition to contactless transactions and adopting different contactless payment methods. The three lucky [...]

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September 21, 2021

UAE Gender Balance Council signs MoU with EXPO 2020 to shape the gender balance and women empowerment agenda during the upcoming global event

The UAE Gender Balance Council and Dubai EXPO 2020 have committed to strengthening engagement on gender balance and women empowerment, with the signing of a significant memorandum of understanding (MoU) to enhance cooperation during the historic EXPO 2020 event. Through the MoU, the UAE Gender Balance Council will be able to use Dubai EXPO 2020, and the global spotlight it brings, to showcase the UAE’s outstanding achievements in gender balance.

Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council, President of Dubai Women Establishment, and wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Deputy Prime [...]

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September 18, 2021

WETEX and Dubai Solar Show has achievements and success that point towards a green future

The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show, organised by Dubai Electricity and Water Authority (DEWA) is the largest exhibition of its kind in the region and one of the most prominent international exhibitions in water, energy, electricity, environment, oil, gas, renewable energy, and environmental sustainability. WETEX and Dubai Solar Show is held under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy. Over the past years, the exhibition has played a [...]

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September 17, 2021

UAE to Invest £10 Billion In Priority UK Industries

Agreement between Abu Dhabi’s Mubadala Investment Company and UK’s Office for Investment sees UAE commit £10 billion as part of sovereign investment partnership

Follows agreement on “Partnership for the future” framework between UK Prime Minister Boris Johnson and HH Sheikh Mohamed bin Zayed al Nahyan

The UK Office for Investment (OfI) and Abu Dhabi’s Mubadala Investment Company, signed an agreement at Downing Street to significantly expand the UAE-UK Sovereign Investment Partnership (UAE-UK SIP), a framework for investment announced in March 2021.

Over the next five years, the UAE-UK SIP will drive a significant increase in investment across a [...]

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September 16, 2021

Release of SCA and AFE joint study on Regtech & Suptech in the GCC region- Regulator’s Response to COVID-19- Digitize, Automate, Manage

Securities and Commodities Authority (SCA), in collaboration with the Arab Federation of Exchanges (AFE) hosted the first GCC webinar to discuss evolution of supervisory technologies within the Gulf region. The event attracted participants from various regulatory authorities within Gulf Co-operation Council (GCC), exchanges and financial market players.

The positive feedback received for this event led to formulation of a GCC Working Group on Suptech & Regtech which mutually agreed to undertake further study and research in this area with a specific focus on GCC.

The paper below summarizes the discussion points and the key findings of the GCC Working Group on [...]

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September 16, 2021

Dubai adopts action plan outlining its digital economy ambitions

The Dubai Digital Economy Retreat concluded today with the adoption of a new action plan designed to develop Dubai’s digital economy strategy. Discussions at the event generated several practical recommendations to address existing challenges in the market.  

The two-day retreat, organised by the Dubai Chamber of Digital Economy, supports the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to position Dubai as a global digital economy capital.

The event was attended by HE Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work [...]

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UAE Insights
Insights by Emanuela Lertora