Announcements

e& life joins Dubai FinTech Summit as a Powered By sponsor

Published

2 years ago

April 18, 2024

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: e& life, the business pillar of e& that brings the next-generation digital world to the consumer’s fingertips, has joined theDubai FinTech Summit (DFS), organised by Dubai International Financial Centre (DIFC), the leading global Financial Centre in the MEASA region. As a Powered By sponsor, e& life is dedicated to supporting innovative and future-thinking businesses on a global scale.

e& life leverages cutting-edge technologies to offer fintech, entertainment, retail, and mobility services through its smart platforms and apps. Their fintech arm, e& money, has become a regional powerhouse, known for its user-friendly mobile financial services and its position as the UAE’s fastest-growing issuer of Mastercard debit cards.

Mohammad Alblooshi, Chief Executive Officer at DIFC Innovation Hub, said, “The path to true innovation lies in collaboration and the Dubai FinTech Summit strives to bring together global leaders, innovators and disruptive start-ups to shape the future of finance. The alliance between the summit and e& life demonstrates our mutual commitment to fostering a dynamic FinTech ecosystem to strengthen Dubai’s existing reputation as a leading business destination. Transforming challenges into opportunities, our goal is to create the most advanced, inclusive and technologically empowered financial community.”

Khalifa Al Shamsi, Chief Executive Officer at e& life, said, “The Middle East is at the forefront of a major transformation in financial services delivery, driven by technology shifting from traditional to innovative solutions. As a pioneer in the region’s flourishing FinTech sector, e& is driven by a bold vision to lead this change.

“Through strategic partnerships, we aim to fast-track progress and take the region’s FinTech potential to new heights. This partnership represents a valuable opportunity for both e& and its FinTech portfolio under the business pillar e& life to collectively imagine new possibilities, inspire breakthrough ideas, and catalyse impactful innovations. By bringing together the talent and resources within our ecosystems, we can accelerate the journey toward a future where financial services truly empower people across societies. We look forward to contributing our expertise to shaping discussions that will steer the direction of the industry and play a role in realising the UAE’s aspiration to become a global hub for financial innovation.”

In line with the Dubai Economic Agenda (D33) to position Dubai as the top four global financial hub by 2033, the 2^nd edition of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to transforming the global FinTech sector. It presents a unique opportunity to explore emerging FinTech trends and their potential to drive financial progress in the MEASA region.

The Dubai FinTech Summit, scheduled for May 6-7, 2024, at Madinat Jumeirah, Dubai, will see an unprecedented gathering of over 8,000 decision-makers, over 300 thought leaders and over 200 exhibitors showcasing cutting-edge technologies.

Announcements

Ajman to launch new Rental Dispute Resolution Centre under 2026 law

Published

2 days ago

January 29, 2026

Michael Gomes

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Ajman has announced the establishment of a new Rental Dispute Resolution Centre, aimed at streamlining landlord-tenant disputes and strengthening stability in the emirate’s real estate sector.

His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued Law No. (1) of 2026, formally creating the centre and replacing the existing rental disputes committee.

Clearer, Faster Rental Dispute Resolution

The new law introduces transparent and clearly defined mechanisms for reviewing and adjudicating rental disputes, with the objective of:

Protecting the rights of landlords and tenants
Enhancing confidence in Ajman’s property market
Supporting a stable and attractive investment environment

Jurisdiction and Scope

The specialised centre will have authority over all rental-related disputes between landlords and tenants, including:

Residential and commercial properties
Properties located within free zones

Cases will be handled using procedures aligned with recognised legal and judicial standards, ensuring fairness and consistency.

Boosting Market Stability

Officials said the new centre is designed to:

Speed up dispute resolution
Reduce litigation timelines
Ensure swift and effective justice

The move is expected to contribute to social and economic stability in Ajman’s leasing and real estate sector, while reinforcing investor confidence.

Announcements

Dubai launches global challenge to build the world’s first fully robotic villa

Published

3 days ago

January 28, 2026

Michael Gomes

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Dubai Municipality has launched a global challenge to construct the world’s first residential villa built entirely using robotic construction systems, reinforcing Dubai’s position as a global testbed for advanced building technologies.

The project will be delivered by a consortium of more than 25 local and international technology companies and academic institutions, led by Dubai Municipality. Officials say the initiative aims to develop scalable, next-generation construction models that boost productivity, sustainability, and quality.

The announcement was made during the launch of 04 ConTech Valley, Dubai’s new Construction Innovation and Research Centre, developed in partnership with Expo City Dubai.

Global ConTech Momentum

At the event, Dubai Municipality also unveiled the Global ConTech Report, which projects that global construction technology investment will exceed $30 billion by 2033, growing at 17.5% annually.

Key findings highlight:

Labour shortages are a major global challenge
Rising investment in robotics and additive manufacturing
Rapid adoption of AI, robotics, prefabrication, and infrastructure technologies

Building a Stronger Innovation Ecosystem

Dubai Municipality also launched the ConTech Working Group, in collaboration with Dubai Chambers, bringing together government, developers, contractors, investors, researchers, and tech firms to accelerate innovation across the sector.

70–70 Strategy for 2030

Dubai also launched the 70–70 Strategy, aiming to shift 70% of construction to off-site manufacturing and achieve 70% factory automation by 2030, driving higher efficiency and sustainability.

Announcements

Dubai unveils mega Dubai Food District, set to become one of the world’s largest food trade hubs

Published

1 week ago

January 22, 2026

Michael Gomes

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DP World has officially unveiled Dubai Food District, a bold transformation of the Al Aweer Central Fruit and Vegetable Market into one of the largest and most advanced food trade hubs in the world.

Rolling out in phases from 2027, the mega district will more than double the current market’s footprint to 29 million sq ft, bringing trade, storage, processing and distribution together under one roof. Think cold-chain logistics, smart warehousing, food processing, digital solutions, cash-and-carry zones and even a gourmet food hall.

Announced last year by His Highness Sheikh Mohammed bin Rashid, Vice President and Prime Minister of the UAE and Ruler of Dubai, the project expands beyond fruits and vegetables to include dairy, staples, gourmet and specialty foods, positioning Dubai as a global gateway for food trade and food security.

Built on Al Aweer’s strong legacy, serving over 2,500 traders since 2004, the district aims to boost efficiency, cut supply chain risks and help food businesses reach markets faster and smarter. With multimodal connectivity to more than 20 global markets, DP World is betting big on Dubai’s role at the heart of the future food economy.