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Sheikh Hamdan’s visit to India set to open new doors for business and trade

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Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum is heading to India, and his visit is expected to open new doors for business and trade between the two countries.

The trip highlights how the UAE and India are working closely together to grow their economies, create jobs, and invest in the future. It comes at a time when business ties between the two nations are stronger than ever, especially after they signed a major trade deal called the Comprehensive Economic Partnership Agreement (CEPA) in 2022.

Thanks to this deal, trade between the UAE and India reached over $54 billion in 2023. Dubai’s trade with India also grew by nearly $9 billion in just four years. This visit is expected to build on that success.

Sheikh Hamdan’s visit will focus on creating more business opportunities in both countries. He is expected to meet with Indian government officials and business leaders to discuss ways to boost trade, attract investment, and work together on future technologies like artificial intelligence and digital services.

The Crown Prince is known for pushing Dubai to become a top global hub for business, technology, and innovation. His visit to India is part of a larger plan to grow Dubai’s economy and bring in more international partnerships, especially through the Dubai Economic Agenda (D33), which aims to double the city’s economy over the next 10 years.

India, with its large population and growing tech industry, offers huge potential for UAE businesses. At the same time, the UAE is becoming a hotspot for Indian companies, entrepreneurs, and investors looking to grow globally.

In simple terms, Sheikh Hamdan’s trip is about building a stronger business friendship between the UAE and India.

(Source: Wam)

With over 35 years of experience in journalism, copywriting, and PR, Michael Gomes is a seasoned media professional deeply rooted in the UAE’s print and digital landscape.

Announcements

Ajman to launch new Rental Dispute Resolution Centre under 2026 law

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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.






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Business

Your face or palm could soon pay for purchases in the UAE

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Paying for everyday services in the UAE could soon be as simple as showing your face or palm.

The Central Bank of the UAE (CBUAE) has introduced the region’s first biometric payment solution, allowing users to make payments using facial recognition or palm biometrics, without cards, cash, or mobile phones.

The new system is currently being tested in a pilot phase at the Dubai Land Department, where customers authenticate payments through biometric scans in a controlled environment.

How Biometric Payments Work

The pilot enables:

  • Payments using face or palm recognition
  • No need for physical cards or smartphones
  • Faster, more secure transactions

The initiative is part of the CBUAE Sandbox Programme and Innovation Hub at the Emirates Institute of Finance, developed in collaboration with Network International and powered by PopID.

Focus on Security and User Experience

The Central Bank said the pilot is designed to assess security, efficiency, and operational readiness before any wider rollout. No timeline has yet been announced for expanding the system beyond the testing phase.

CBUAE officials say biometric payments could significantly enhance transaction security while improving customer convenience. Industry leaders also expect biometric technology to play a growing role in digital commerce and cashless payments globally.

A Step Towards Cashless Payments

The pilot reflects the UAE’s broader push towards financial innovation, smart services, and cashless payment systems, positioning the country at the forefront of next-generation payment technology in the region.









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Announcements

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

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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.

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