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Hong Kong’s trade office in Dubai to strengthen ties with GCC: HKETO chief

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Hong Kong Economic and Trade Office (HKETO) Director General Damian Lee has said that a potential free trade agreement between the city and the Gulf Cooperation Council (GCC) will further strengthen ties between the two sides.

Damian Lee was speaking ahead of the opening of HKETO’s first overseas office in the Middle East. HKETO’s office in Dubai International Financial Centre (DIFC) is designed to consolidate and strengthen Hong Kong’s economic and trade relations with trading partners across the GCC.

The new HKETO offices are being opened days after Hong Kong chief executive Carrie Lam set out the government’s priorities, which included exploring the possibility of forging free trade agreements (FTAs) and investment deals with countries in the Middle East.

The HKETO’s director general said that last year, the total merchandise trade between Hong Kong and the GCC surged to $13 billion, out of which the UAE accounted for nearly 70 percent ($9.5bn) trade.

Lee called it the right time to open an office in the region to promote trade and other interaction between Hong Kong and the six GCC member countries.

Lee pointed out that there was a 70 percent increase in the number of start-ups in Hong Kong from 2017 to 2021 and there have been 12 unicorns – a privately held start-up company valued at over $1 billion – over this period.

While, in a bid to entice family offices to Hong Kong, Lam has previously declared that tax concessions would be considered.

According to Dubai Chamber of Commerce, Hong Kong has been identified as having the highest untapped potential market for jewellery products originating in the UAE, currently worth $1.1 billion.

Lee highlighted that Hong Kong is a market of about seven million people and being a gateway to mainland China, it also has very strong relations with other Asian countries.

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Want a free taxi ride in Dubai? Here’s how to book the new autonomous cab

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Dubai residents can now experience the future of transport with free autonomous taxi rides in parts of Jumeirah and Umm Suqeim.

The Roads and Transport Authority (RTA) has started public operations of its driverless taxi service in partnership with Apollo Go and autonomous driving technology company WeRide.

Passengers can book the vehicles through the Uber or Apollo Go mobile apps at no cost during the current trial phase.

Announcing the launch on social media, the RTA said: “Your next ride could be autonomous, and it’s currently free.”

The rollout follows the introduction of Dubai’s commercial autonomous taxi programme earlier this year, which began with a fleet of 100 driverless vehicles. The fleet is expected to expand gradually as demand grows.

The initiative forms part of the Dubai Self-Driving Transport Strategy, which aims to increase the adoption of autonomous transport and reinforce the emirate’s position as a global leader in smart mobility.

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Sharjah new ticketless parking rules: How to avoid fines in Aljada

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Drivers visiting Sharjah’s Aljada will now pay for parking in selected areas after a new smart parking system went live on July 15.

Launched by Parkin in partnership with Arada, the system uses Automatic Number Plate Recognition (ANPR) technology, allowing motorists to enter and exit without tickets or barriers. Parking fees are paid digitally through Parkin’s payment channels.

Where is paid parking available?

The new system covers selected parking locations across Aljada, including:

  • On-street parking along East Boulevard
  • Designated off-street parking lots
  • Retail parking at The Boulevard, Tiraz, and Misk

How much does parking cost?

Parking charges vary depending on where you park:

East Boulevard (On-street parking)

  • Dh6.30 per hour (including VAT)
  • Operates 24 hours a day

Off-street parking

  • Dh4.20 per hour (including VAT)
  • Charged from 8am to midnight

Retail parking

Visitors parking at The Boulevard, Tiraz and Misk receive:

  • First two hours free
  • Dh10 per hour after the free period

What about residents?

Residents will continue using their allocated parking spaces, while any additional parking will be charged under the new tariff. Seasonal subscriptions will also be available for eligible parking areas.

The rollout marks Parkin’s first operation in Sharjah, expanding beyond Dubai as the company grows its smart parking network.

The ticketless system is designed to improve parking availability and traffic flow across Aljada, one of Sharjah’s fastest-growing mixed-use destinations, which attracts residents, students, workers and visitors throughout the day.

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Visiting Dubai’s City Walk? Here’s What you need to know about the new ticketless parking

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If you’ve ever fumbled for a parking ticket while leaving City Walk or queued at a payment machine, those days are over.

Dubai’s popular lifestyle destination has rolled out a barrierless, ticketless parking system, allowing motorists to drive in and out without collecting a ticket or stopping to pay before exiting.

The new system, introduced by Parkin, uses automatic number plate recognition technology to record when vehicles enter and leave the parking facility, making the entire process faster and more convenient.

How the new parking system works

Instead of paper tickets and exit barriers, cameras identify your vehicle when you enter and exit City Walk.

Parking fees are calculated automatically based on the length of your stay.

If you have a Parkin account, the fee is deducted automatically. Visitors without an account, or those with insufficient balance, will receive a payment link to complete the transaction digitally.

The move is part of Dubai’s wider shift towards smart mobility and cashless services.

Parking charges at City Walk

Visitors can still enjoy one hour of free parking at City Walk.

After the complimentary period, parking is charged at:

  • Dh5 per hour, or part of an hour.

For visitors heading to The Boulevard, a different tariff applies.

The first 30 minutes are free, after which parking costs Dh20 per hour. According to City Walk, these charges are automatically deducted through the visitor’s Salik account.

How to get free parking

Visitors spending Dh50 or more at participating outlets can receive up to three hours of complimentary parking.

To claim the benefit, shoppers and diners must validate their parking at the participating retailer before leaving.

Parking validation is also available for eligible visitors at attractions including Roxy Cinemas, The Green Planet and selected participating outlets.

Part of a growing smart parking network

City Walk is the latest destination to embrace ticketless parking as Dubai continues expanding digital payment solutions across the city.

Earlier, Parkin announced a five-year agreement with Al Ghurair Centre to introduce a similar smart parking system.

Under that arrangement, visitors receive three hours of complimentary parking before charges apply from Monday to Saturday, while parking remains free on Sundays and public holidays.

With barrierless parking now becoming more common across Dubai, motorists can expect quicker entry and exit, fewer queues and a smoother parking experience, without the hassle of paper tickets.

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