Connect with us

United Arab Emirates

Sheik Hamdan launches Dubai Re-Tech platform to help real estate area

Published

on

It will likewise uphold the Dubai 2040 Urban Master Plan

Another stage to advance development and backing manageability in the Dubai real estate sector has been launched.

The stage, Dubai RE-Tech, will additionally help the emirate’s situation as a main speculation objective, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, announced.

“Directed by the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the emirate keeps on speeding up the improvement of its essential areas. We mean to make Dubai’s land industry one of the world’s ideal,” Sheikh Hamdan said.

The platform is essential for drives acquainted with help the execution of the Dubai 2040 Urban Master Plan, which means to make Dubai the world’s best city to live in. The new platform will assist with facilitating improve straightforwardness and reinforce investor’s trust in the business.

“We are seeing uncommon development in the area with the quantity of investors expanding by more than 80% in a year, and the worth of yearly land exchanges surpassing Dh250 billion. This development energy mirrors the versatility and engaging quality of the area and the immense chances it offers,” Sheik Hamdan added.

HOW THE DUBAI RE-TECH PLATFORM WORKS

The platform utilizes cutting edge innovations to foster a coordinated land model dependent on man-made consciousness that permits players across Dubai’s realty area to investigate large information identified with the business. It likewise offers devices for future situation based on vital arranging and strategy advancement, and for producing proactive drives to make the most of chances and manage different business sectors changes.

The new drive gives a significant instrument to plan the fate of Dubai’s land area in accordance with worldwide accepted procedures, which thusly helps support investor’s certainty. The stage additionally envelops a coordinated and moment land data set associated with different partners in the area, which offers industry pointers and the future standpoint for the housing market.

One of the essential areas in the city’s economy, Dubai’s land industry has assumed a significant part in drawing in unfamiliar speculations, organizations and new companies to the emirate. This year, the area has effectively seen an aggregate of 38,000 new investors.

The Dubai 2040 Urban Master Plan dispatched by Sheikh Mohammed outlines an exhaustive arrangement for reasonable metropolitan advancement in the emirate. Lined up with the UAE’s vision for the following 50 years, the Master Plan centers around improving individuals’ bliss and personal satisfaction, supporting Dubai’s status as a favored worldwide speculation and the travel industry objective and changing it into the world’s best city to live in.

Announcements

UAE fuel prices announced for February

Published

on

The UAE fuel price committee on Friday announced petrol and diesel prices for the month of February 2025.

Super 98 petrol will cost Dh2.74, compared to Dh2.61 a litre in January, while Special 95 will cost Dh2.63 a litre, compared to Dh2.50 a litre the previous month.

E-Plus category petrol will be available for Dh2.55 a litre, compared to Dh2.43 a litre in January, while diesel will now cost Dh2.82 a litre, compared to Dh2.68 a litre the previous month.

Fuel prices in the UAE are closely tied to movements in the global oil market, which has experienced significant fluctuations since last year. Geopolitical uncertainties, shifting supply dynamics and concern about slowing economic growth have all contributed to the volatility in oil prices.

The UAE deregulated fuel prices in 2015, aligning them with market fluctuations.

Continue Reading

Announcements

UAE-made MBZ SAT set to launch into space from California tonight

Published

on

The UAE’s most advanced Earth-imaging satellite, MBZ-SAT, will launch on Tuesday, January 14, at 10:49 PM UAE time from Vandenberg Air Force Base in California, the Mohammed Bin Rashid Space Centre (MBRSC) has announced.

This marks the second satellite entirely developed by Emirati engineers. MBZ-SAT, weighing 700 kg, will launch alongside the student-built CubeSat, HCT-SAT 1, as part of SpaceX’s rideshare program. Originally planned for October 2024, the launch was delayed due to technical issues with SpaceX’s Falcon 9 rocket. A livestream of the event will be available from 9:30 PM UAE time at live.mbrsc.ae.

The SpaceX rideshare program, introduced in 2019, has enabled the deployment of over 200 satellites, offering a cost-effective alternative to traditional launches.

MBZ-SAT, named after President Sheikh Mohamed, will revolutionize Earth observation with enhanced imaging capabilities, producing ten times more images than current satellites. Meanwhile, HCT-SAT 1 underscores the UAE’s commitment to fostering future space experts.

Salem Humaid Al Marri, Director-General of MBRSC, stated, “We have a team of seven members on-site in the US and another at Mission Control in Dubai, working around the clock to ensure a successful launch.”

The UAE currently operates 10 satellites, with eight more under development. MBZ-SAT underwent rigorous testing in the UAE before being transported to South Korea for environmental assessments. Afterward, it was shipped to SpaceX in the US for final testing.

Marri described the simultaneous launch of these two distinct satellites as a moment of national pride. He emphasized the significance of combining advanced space technology with initiatives like the HCT-SAT program, which involved 50 students from across the UAE. This dual effort, he said, highlights the country’s dedication to building a robust space industry while nurturing local talent.

4o

Continue Reading

Announcements

Ring in the New Year on Dubai’s waters: Abra, Taxi & Ferry with Atlantis views

Published

on

As Dubai residents and tourists gear up to celebrate New Year, they can ring in 2025 with celebrations in the waters of the emirate.

The Roads and Transport Authority in Dubai has announced special offers and exclusive services during the New Year’s Eve, December 31, 2024, on marine transport means including the Dubai Ferry, the Abra, and the Water Taxi.

Passengers can enjoy views of the Burj Khalifa, Bluewaters, Atlantis, Burj Al Arab and Jumeirah Beach Towers. Residents can cruise into 2025 aboard the Dubai Ferry, Water Taxi, and Abra, with the backdrop of the Dubai coastline, adorned with hotels, heritage areas and landmarks such as The World Islands.

Continue Reading

Popular

© Copyright 2024 HEADLINE. All rights reserved

https://headline.ae/