Tecom Group, a key developer of strategic business districts in Dubai, has announced that its board has won approval to distribute aggregate cash dividends worth AED880 million ($229 million) to its shareholders for FY2025. It will be paid in two equal instalments (this August and April next year) as per the updated dividend policy.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister, in his capacity as the Ruler of Dubai has issued Law No. (4) of 2026 regulating the management and occupancy of shared housing in Dubai.
Air India and Air India Express will together be operating a total of 58 scheduled and non-scheduled flights to and from West Asia on March 12. These airlines will operate a non-scheduled round flight each to Riyadh in Saudi Arabia from Mumbai and Kozhikode, respectively.
Two drones fell in the vicinity of Dubai International Airport (DXB) this morning, resulting in minor injuries to four people, authorities have confirmed. However, air traffic was not impacted.
The Dubai Stockbrokers & Investment Services Group (DSIG) has unveiled the Responsible Investor Initiative (RII), which binds leading stockbrokers and financial executives to the RII Charter, a rigorous code of conduct.
Cyprus Airways has announced the resumption of its flights between Dubai and Larnaca starting March 11, restoring a key connection between the UAE and Cyprus and offering travellers convenient access to one of the Mediterranean’s most attractive destinations.
AKCEL Holding, a Dubai-based diversified conglomerate, has signed a strategic development agreement with XRange Golf Entertainment to develop a network of next-generation golf entertainment venues across the UAE, in a project valued at more than AED1 billion ($272.2 million).
UAE-based real estate firm AUM Development has announced the launch of Ryze Residences, a premium residential development featuring 93 apartments with a mix of studios, one- and two-bedroom units, in Warsan, one of the fastest-evolving districts in Dubai.
Dubai’s Roads and Transport Authority (RTA) has launched a specialised lab dedicated to innovating solutions for People of Determination.
ECC Fit-Out said it has secured a major contract from Vista Grove One for a Grade A commercial office building project in Dubai Studio City. Set for delivery in March 2027, the key development, Studio City, is poised to become the "first red brick façade building in Dubai".
