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Sheikh Mohammed launches Dh100bn DIFC Zabeel District to power Dubai’s future as a global financial hub

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has officially launched DIFC Zabeel District, a landmark expansion of the Dubai International Financial Centre (DIFC) set to significantly strengthen Dubai’s position as a global financial powerhouse.

Located next to the existing DIFC Gate District, the development is the largest demand-led financial centre expansion in the region, spanning 7.1 million sq. ft with a total gross floor area of 17.7 million sq. ft. The project’s estimated gross development value exceeds Dh100 billion.

A Bold Vision for Business and Lifestyle

Sheikh Mohammed said the launch reflects Dubai’s future-focused approach to development — one that integrates business excellence with quality of life, reinforcing the emirate’s appeal to global talent and investors.

“Dubai does not wait for change, we make it,” he said, adding that DIFC Zabeel District will play a central role in advancing Dubai’s financial sector both locally and globally.

Once completed, the expansion will enable DIFC to accommodate:

  • Over 42,000 companies
  • More than 125,000 professionals
  • Over 1 million sq. ft dedicated to future technologies and artificial intelligence

Building a Comprehensive Financial Ecosystem

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and President of DIFC, described the project as a major step toward building a fully integrated financial ecosystem aligned with the Dubai Economic Agenda (D33), which aims to double Dubai’s economy by 2033.

The expansion is designed to support the rapid growth of global financial services and technology firms, while maintaining an agile, world-class regulatory environment.

Innovation, AI, and Education at the Core

The DIFC Zabeel District will feature:

  • The world’s largest innovation hub
  • The world’s first purpose-built AI Campus
  • Facilities designed for 6,000 businesses and 30,000 tech professionals
  • A Gaming & Immersive Technologies Hub supporting next-generation digital industries

Education will also be a key pillar. In line with Education 33 (E33), DIFC aims to become a leading hub for higher education. The DIFC Academy will expand ten-fold, creating capacity for 50,000 learners annually.

Culture, Community, and Sustainable Design

The development will also include:

  • A first-of-its-kind art pavilion
  • Commercial and residential spaces
  • Hotels, retail outlets, and a conference centre
  • Green open spaces promoting wellbeing and biodiversity

Connected to the existing DIFC by a signature bridge, the new district will seamlessly extend DIFC’s urban landscape, prioritising walkability, wellness, and future-ready transport solutions.

Timeline

  • Development will be delivered in six phases
  • First phase construction is already underway
  • Public access expected by 2030
  • Full masterplan completion targeted for 2040

DIFC Zabeel District is set to redefine financial services across the Middle East, Africa, and South Asia, positioning Dubai at the forefront of the next era of global finance.

With over 35 years of experience in journalism, copywriting, and PR, Michael Gomes is a seasoned media professional deeply rooted in the UAE’s print and digital landscape.

Business

What the UAE’s new poultry Premium Mark label means for shoppers

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Chicken shopping in the UAE is about to change, with a new government-backed Premium Mark set to appear on selected locally produced poultry products from June.

The initiative, launched by the Abu Dhabi Quality and Conformity Council (ADQCC), aims to help shoppers quickly identify chilled chicken products that meet higher standards for food safety, quality, sustainability and production practices.

Retailers say UAE consumers are becoming far more selective about what they buy, especially when it comes to fresh poultry.

The certification will apply to producers that meet advanced standards across the poultry supply chain, including farming methods, feed quality, inspections and final product quality.

The rollout will begin in phases from June with selected Abu Dhabi poultry producers. Participation is voluntary, but industry players believe the label could strengthen consumer confidence in UAE-made products and help local brands compete more strongly against imported premium poultry.

Officials also said the framework could later expand to include eggs, dairy and red meat products.

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Dubai announces Dh1.5 billion package to protect jobs and support businesses

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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has approved a fresh Dh1.5 billion economic support package aimed at protecting jobs, easing pressure on businesses and strengthening Dubai’s economy during a challenging period for the region.

The latest measures bring the total value of Dubai’s recent economic support initiatives to Dh2.5 billion, following an earlier Dh1 billion package introduced earlier this year.

The new package includes 33 initiatives that will be rolled out over the next three to 12 months, targeting key sectors including tourism, hospitality, trade, education and customs services.

One of the biggest beneficiaries is Dubai’s hotel and tourism industry, with several major fee relief measures announced to reduce operating costs.

Hotels across the emirate will be allowed to postpone 100 per cent of government sales fees on rooms as well as food and beverage services for three months. The relief applies to hotels, hotel apartments and holiday homes.

Dubai has also postponed the Tourism Dirham fee, a charge applied to hotel stays for up to 30 consecutive nights, for the same period. Hotels will additionally be exempt from permit, postponement and cancellation fees related to events.

Retailers and commercial businesses are also expected to benefit, with Dubai removing additional charges linked to sales campaigns and promotional offers. The move is likely to encourage more discounts and shopping promotions across the city over the coming months.

The package further includes streamlined procedures for residency permit issuance and renewals, although detailed implementation guidelines are yet to be announced.

Other sectors receiving support include education, customs, transport and aviation. Measures include deferred licence renewal fees for educational institutions, payment deferrals in the transport sector, an 80 per cent reduction in customs fines and a 50 per cent cut in fees for renewing civil aviation permits.

In a statement shared on X, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said the initiatives reinforce Dubai’s economic resilience and competitiveness while strengthening partnerships between the government and private sector.

He added that Dubai remains committed to supporting businesses and residents while continuing to position itself as a leading global economic hub.

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Business

The new rental reality: Why UAE landlords want to see your credit score

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The rental process in the UAE is getting a major digital upgrade, with tenant credit checks slowly becoming part of the leasing journey.

For many residents who have rented abroad, sharing a credit score may already feel familiar. But in the UAE, the concept is still new, and importantly, fully based on tenant consent.

How the new system works

The new Tenant Screening solution, launched by Etihad Credit Bureau in collaboration with UAE PASS, allows landlords to request access to a prospective tenant’s credit score.

Here’s the key detail:

  • Tenants receive a request through UAE PASS
  • They can approve or reject access themselves
  • No credit information is shared without consent

The goal is to create a more transparent and efficient rental process while keeping financial data secure.

Why landlords want it

For landlords, the system offers verified financial insights that may help assess payment reliability, especially for:

  • Luxury properties
  • High-value rentals
  • Multiple post-dated cheque agreements

The credit check is designed to complement existing requirements, such as:

  • Salary certificates
  • Emirates ID
  • Visa verification

How to check your UAE credit score

  1. Visit the official AECB platform or download the app
  2. Log in using UAE PASS or register with:
    • Emirates ID
    • Mobile number
    • Email address
  3. Verify your identity using the OTP sent to your phone
  4. Select Credit Score Report
  5. Pay:
    • Dh10.50 for the score only
    • Dh84 for the full credit report (including VAT)
  6. Receive your score instantly in PDF format

Strong credit profile benefits

While some renters may initially see it as another step, supporters say the system could actually make approvals faster and smoother.

In competitive rental markets such as Dubai and Abu Dhabi, a strong credit profile could help tenants stand out and reassure landlords during the application process.

Officials say UAE PASS plays a critical role by acting as the secure gateway for all approvals, ensuring users remain in control of their personal financial information.

The system is currently optional, but experts believe tenant screening could become increasingly common as the UAE rental market continues to modernise.

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