Thousands of Dubai residents ditched their cars for an awareness campaign highlighting the harmful impact carbon emissions have on our environment.
The campaign, simply entitled 'Car Free Day' is now in its eight year - and Director General of Dubai Municipality, Hussain Nasser Lootah, led a team of directors and senior officials from government departments in riding the Metro from Etisalat Station to the Union Station.
Dubai has expressed its aspirations to become the next FinTech hub. The city has enjoyed decades of rapid growth - and has developed its infrastructure to become a key business center which has now firmly switched its focus towards the FinTech sector.
Dubai-based business tycoon Mohamed Alabbar, prominent in the real estate and property development industry of the United Arab Emirates and former director general of the Dubai Department of Economic Development, announced on November 13 the launch of a $1 billion regional e-commerce site in a joint venture with the Saudi sovereign wealth fund and other Gulf investors, called Noon.com.
Global leaders in the satellite industry have combined to help support the humanitarian community in times of devastation and crisis - by signing a Crisis Connectivity Charter which will effectively enhance connectivity during humanitarian emergencies.
Saudi Telecom (STC) has agreed to purchase a 10% stake worth $100million in UAE-based ride-hailing service Careem. The acquisition comes just months after Saudia Arabia’s Public Investment Fund (PIF) invested a stake in Uber – which is the global rival to Careem.
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