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

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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.

Crime

Online scam alert: Abu Dhabi Police reveal new tactics used by fraudsters

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Abu Dhabi Police have issued a fresh warning to the public following a spike in online fraud cases involving fake auctions, counterfeit products, and bogus job offers.

One of the scams involves fraudsters placing online ads for luxury watches. Victims are tricked into transferring money, only to discover that the watches are fake upon delivery.

Authorities also warned of fraudulent trading platforms. These websites often appear legitimate, with professional ads and fake profiles that simulate profits to convince victims to deposit more funds. However, when victims attempt to withdraw their money, they are blocked.

The police also cautioned residents against paying deposits for fake vehicle plate numbers, properties, or insurance policies promoted on scam websites. Some fake platforms mimic popular restaurant or retail brands to steal money through fake offers and then drain users’ bank cards.

Job seekers were specifically warned about fake employment schemes, where scammers pretend to be recruitment agents or company representatives, sometimes even using the names of real events. Victims are asked to pay fees for jobs that don’t exist.

Abu Dhabi Police urged residents to:

  • Never share confidential banking information, including card numbers, passwords, PINs, or verification codes.
  • Be cautious of suspicious calls or messages requesting to update banking details.
  • Report any suspicious activity by calling the Aman service on 8002626, sending a text to 2828, or visiting the nearest police station.

The warning comes as part of ongoing efforts to fight cybercrime and protect community members from financial loss.

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Pay Dh1,000 fee to waive traffic fines older than 10 years in Sharjah

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The Sharjah Executive Council (SEC), on Tuesday, announced a new decision to waive traffic violations under certain conditions.

Chaired by Sheikh Abdullah bin Salem Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the Council, the decision allows for the cancellation of traffic fines recorded by Sharjah Police if 10 years have passed since the violation.

To apply for the waiver, individuals must pay a processing fee of Dh1,000. However, there are exceptions to this fee in the following cases:

  1. Verified death of the vehicle owner
  2. Continuous departure of the vehicle owner from the country for at least 10 years
  3. Abandoned vehicles where the owner cannot be located

This move is part of Sharjah’s ongoing efforts to ease financial burdens on residents and support the well-being of the community.

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New AI tools to improve understanding of Arabic content

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Dubai Media Academy has launched a new initiative aimed at developing AI tools that can better understand and support Arabic content, especially the unique languages, dialects, and cultures across the Arab world.

The “Artificial Intelligence Initiative in Arab Media” was announced during Dubai AI Week, which is running from April 21 to 25.

The idea came out of a series of discussions and workshops held by the Academy over the past year, where experts pointed out a big problem: Most current AI tools don’t work well with Arabic, especially when it comes to different dialects and cultural meanings.

To fix this, Dubai Media Academy will be working with media companies, tech developers, universities, and researchers to build better tools. These will help in areas like:

  • Representing different Arabic dialects more accurately
  • Making sure visual content is authentic
  • Improving the quality and availability of Arabic-language data used for AI training

Muna Busamra, Director of Dubai Media Academy, said the initiative is a direct response to what people in the media industry have been asking for.

“We saw a clear need for AI tools that truly understand Arabic and reflect the diversity of Arab societies,” she said. 

“This project supports Arab media in keeping our identity alive, while helping us stand out globally.”

During Dubai AI Week, the academy will host special workshops and talks, and more partnerships and projects will be announced later this year.

(Source: Wam)

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