Connect with us

Announcements

Saadiyat Cultural District in Abu Dhabi set for completion in 2025

Published

on

Spread the love

The Saadiyat Cultural District is on track for completion by the end of 2025, the Department of Culture and Tourism Abu Dhabi has announced.

Saadiyat Cultural District is a global platform, emanating from a rich cultural heritage, celebrating traditions, and advancing equitable culture. It is an embodiment of empowerment, showcasing museums, collections, and narratives that celebrate the region’s heritage while promoting a diverse global cultural landscape.

Once completed, the diversity of Saadiyat Cultural District’s institutions will make the district one of the most unique cultural platforms. It is already the home of Louvre Abu Dhabi – the first universal museum in the Arab world – showcasing artworks from different cultures side by side and telling a story of human connections. Since opening in 2017, Louvre Abu Dhabi has welcomed 5 million visitors and is recognised for its breathtaking architecture and its innovative narrative. Nearby, Berklee Abu Dhabi offers music, performing arts and educational programmes throughout the year.

Additionally, Manarat Al Saadiyat serves as a centre for creative artistic expression and is home to two significant initiatives in Abu Dhabi’s cultural calendar: Abu Dhabi Art and Culture Summit Abu Dhabi.

The current construction progress of the soon-to-open institutions in Saadiyat Cultural District stands at 76 percent. Zayed National Museum, the national museum of the United Arab Emirates, will celebrate the nation’s rich history and culture, as well as honour the legacy of the country’s founding father, the late Sheikh Zayed bin Sultan Al Nahyan. Additionally, teamLab Phenomena Abu Dhabi invites visitors to an ever-changing exploration that will transcend the limits of their imagination.

It will be joined by the Natural History Museum Abu Dhabi, which will include a research and teaching institution that will take visitors on a 13.8 billion-year journey through the story of our universe and our planet. Guggenheim Abu Dhabi will be a museum celebrating art from the 1960s to the present and the most important artistic achievements of our time.

Saadiyat Cultural District pays homage to the legacy of the late Sheikh Zayed, who defined the cultural agenda and unveiled the history of the UAE to the world through archaeological excavations and findings. This legacy began with the establishment of Al Ain Museum, the first museum in the UAE, which opened in 1971. This was followed by the inauguration of the Cultural Foundation in 1981. Sheikh Zayed’s legacy continued to evolve under the guidance of the late Sheikh Khalifa Bin Zayed Al Nahyan. Today, President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, continue to build on that legacy.

Mohamed Al Mubarak, Chairman of DCT Abu Dhabi, said, “Culture transcends mere connections; it shapes our very evolution and broadens our perspectives. Here in Abu Dhabi, we embrace this influence, fostering a deep appreciation that resonates throughout our community. Saadiyat Cultural District embodies ‘cultural hope’. The District will convey a message of cultural diversity that will become more powerful over time, creating global connections, inspiring cultural exchange, and fostering new ways of thinking to support the region, the global South and the world. Saadiyat Cultural District is somewhere people can come to learn from the past, understand our present and focus on our future.”

Saadiyat Cultural District is a testament to Abu Dhabi’s commitment to preserving heritage while embracing a forward-looking vision. The District invites the world to engage with diverse cultures, fostering dialogue and exchange, and offers a global cultural space that empowers the region and the global south.

DCT Abu Dhabi has also launched a compelling campaign titled ‘Be Moved in a Thousand Ways’, introduced by philanthropist, talk show host and author Oprah Winfrey and broadcaster Mona El Shazli. The campaign film delivers an inspirational message on the transformative power of culture to unite, inspire, and open minds. Contributors to the campaign include Mohamed Khalifa Al Mubarak, Chairman of DCT Abu Dhabi; Zaki Nusseibeh, Cultural Adviser to the UAE President and Chancellor of the United Arab Emirates University (UAEU); Noura bint Mohammed Al Kaabi, Minister of State; Norman Foster, Pritzker Architecture Prize-winner and architect of the Zayed National Museum; Mariët Westermann, Director and CEO of the Solomon R. Guggenheim Museum and Foundation, celebrated artists Mohammed Ibrahim, Najat Makki, Afra Al Dhaheri from the UAE; multi-award winning Actor, Musician and Entrepreneur Idris Elba OBE; legendary pianist Lang Lang and many more.

Announcements

Dubai Chambers launches one-stop digital platform to help businesses start, grow and expand

Published

on

Spread the love

Starting and growing a business in Dubai is set to become easier with the launch of Business in Dubai, a new digital platform by Dubai Chambers that brings together essential corporate services in one place.

Designed as a single gateway for companies, the platform connects businesses with trusted service providers, helping them access everything from financial solutions to technology, marketing and certification services without having to navigate multiple channels.

The initiative aims to simplify business operations while strengthening Dubai’s position as one of the world’s most competitive destinations for investment and entrepreneurship.

What does the platform offer?

The Business in Dubai platform currently provides 65 corporate services through seven accredited partners, offering companies a wide range of support as they establish or expand their operations in the emirate.

The services are grouped into four key categories:

  • Financial services
  • Marketing and business growth services
  • Technology services
  • Testing, inspection and certification services

The current network of partners includes ZENDATA Cybersecurity, FAST Ventures, Mamo, OCTA, SGS Gulf Limited, Vault, and Pemo.

Helping businesses grow

Dubai Chambers said the platform has been designed to save companies time and resources by bringing multiple business services under one digital roof.

Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said the initiative reflects the organisation’s commitment to creating an environment that supports business growth both locally and internationally.

He said the platform will strengthen Dubai’s investment ecosystem by making it easier for companies to access the services they need to scale their operations and contribute to the emirate’s long-term economic development.

Boost for the digital economy

Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, said the platform will particularly benefit businesses operating in the digital economy by simplifying access to trusted service providers.

He added that the initiative creates a more flexible and efficient business environment, enabling entrepreneurs and companies across different sectors to focus on growth rather than administrative processes.

A single digital gateway

By consolidating key business services onto one platform, Dubai Chambers aims to reduce the time and effort companies spend searching for service providers, allowing them to concentrate on innovation, expansion and day-to-day operations.

The launch forms part of Dubai’s wider efforts to strengthen its business ecosystem and reinforce its position as a leading global hub for trade, investment and entrepreneurship.

Continue Reading

Announcements

What the new DIFC investment fund proposals mean for investors

Published

on

Spread the love

Dubai’s financial regulator is planning the biggest update to the Dubai International Financial Centre (DIFC) investment fund rules in more than a decade.

The Dubai Financial Services Authority (DFSA) has launched a public consultation on a wide-ranging package of reforms designed to modernise the DIFC’s investment fund framework, simplify regulations for fund managers and strengthen investor protection.

Here’s what you need to know.

Why is the DFSA changing the rules?

The DFSA says the investment fund industry has evolved significantly since the current framework was introduced in 2006.

The proposed reforms aim to:

  • Modernise regulations to reflect today’s investment market.
  • Reduce unnecessary compliance requirements.
  • Make it easier for fund managers to operate.
  • Maintain strong investor protection.
  • Align DIFC regulations with international best practices.

What are the proposed changes?

The consultation includes several key proposals:

More flexible rules for private investment funds

The DFSA plans to replace rigid classifications for specialist private funds with a more flexible framework that can better accommodate modern investment strategies.

Simpler licensing for fund managers

Investment managers may no longer need separate licences for certain activities, such as arranging investments or dealing on behalf of clients, as these would be covered under an existing asset management licence.

Updated rules for master-feeder funds

The regulator also wants to modernise regulations governing “master-feeder” fund structures to reflect current market practices better.

Removal of the external fund manager regime

The DFSA proposes removing the external fund manager framework as more firms are now seeking direct authorisation from the regulator.

More investment opportunities for employees

Employees could be given greater flexibility to invest in private funds managed by their own employers, either directly or through dedicated investment vehicles.

Technical improvements

The consultation also proposes several technical amendments to improve clarity and consistency within the Collective Investment Law.

Could tokenised investment funds become a reality?

The consultation also seeks industry feedback on regulating tokenised investment funds.

Tokenisation uses blockchain technology to represent ownership units digitally, potentially making investment funds more efficient and accessible.

At this stage, the DFSA is only gathering feedback and has not proposed formal regulations.

Will retail investors get access to more investment opportunities?

Another topic under discussion is the possible introduction of a long-term investment fund regime.

If developed in the future, it could allow retail investors to access certain long-term assets—such as infrastructure projects or private market investments- that are currently limited to professional investors.

No regulatory changes have been proposed yet; the regulator is first seeking industry views.

Who can provide feedback?

The consultation is open until September 7, 2026.

The DFSA is inviting comments from:

  • Fund managers
  • Asset managers
  • Fund administrators
  • Legal advisers
  • Auditors
  • Compliance professionals
  • Other participants in the DIFC investment funds industry

The proposals form part of Dubai’s wider efforts to strengthen its position as a leading regional hub for wealth and asset management while ensuring regulations remain modern, proportionate and investor-focused.

Continue Reading

Announcements

Good news for businesses: Sharjah slashes fees and fines

Published

on

Spread the love

Businesses in Sharjah can now benefit from a range of temporary fee reductions after Sharjah Police unveiled a new package of incentives aimed at easing costs and supporting the emirate’s business community.

The measures, introduced in line with a decision by the Sharjah Executive Council, include 50% discounts on several security-related fees, along with reduced fines and lower training costs for companies.

What discounts are available?

Under the new initiative, eligible businesses will receive:

  • 50% off security permit renewal fees for commercial activities
  • 50% off security system subscription fees
  • 50% reduction on eligible violations and fines
  • 20% off mandatory training programme fees for companies

Sharjah Police said the initiative is designed to support commercial establishments, encourage business sustainability and further strengthen the emirate’s position as an attractive destination for investment.

How long will the discounts last?

The incentives will be available for three months from the date the decision comes into effect.

Businesses seeking more information about the discounts and eligibility can contact the Sharjah Police Call Centre on 901.

Continue Reading

Popular

Exit mobile version
https://headline.ae/