Dubai is making waves in the world of global trade, this time with water. Dubai Multi Commodities Centre (DMCC) has teamed up with AQUA-INDEX to launch the world’s first digital token backed by real, drinking-quality water stored in reservoirs around the globe.

This groundbreaking token will allow investors, traders, and even the public to buy, sell, and take delivery of freshwater as a commodity, just like gold or oil. It’s a bold step toward creating a transparent, regulated global market for one of the planet’s most precious resources, water.

As part of the agreement, AQUA-INDEX will tap into DMCC’s global network and advanced infrastructure to bring water trading to the mainstream. The goal? To bring more liquidity, transparency, and innovation to how water is valued and managed around the world.

“Nearly half the world faces water scarcity, but there’s still no mature market for water,” said Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC. “

Yaacov Shirazi, Chairman and Founder of AQUA-INDEX, added, “This is a game-changer. By turning water into a tradable financial asset, we’re enabling better infrastructure, access, and management. It’s a whole new way to fight water scarcity.”

The partnership is part of DMCC’s vision to establish a Water Centre in Dubai, a one-stop hub for water technology companies, commodity traders, and logistics firms. The water-backed token will be a core feature, helping improve water access in stressed regions and offering new tools for investors and governments alike.

Further details on how the token will work, including where it can be traded and how delivery will happen, will be revealed soon.

Nakheel, a subsidiary of Dubai Holding Real Estate, has awarded three major contracts worth over Dh750 million for infrastructure development on Palm Jebel Ali, a landmark waterfront project poised to redefine luxury living in Dubai. The works are expected to be completed by the fourth quarter of 2026.

The contracts have been awarded to DBB Contracting LLC, a company with a strong track record on the island. DBB has previously delivered key projects on Palm Jebel Ali, including road construction and public access infrastructure.

A Visionary Mega Development

Palm Jebel Ali is one of Nakheel’s most ambitious projects, unveiled by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The development supports the Dubai Economic Agenda D33 and serves as a key pillar in the emirate’s expansion westward, marking the rise of a new growth corridor in Jebel Ali.

What’s Included in the Infrastructure Works?

The awarded contracts cover comprehensive infrastructure across Fronds A to G, including:

• Utility connections
• Excavation and backfilling
• Road and pavement construction
• Power distribution (11kV) and telecom utility works

In the Spine District, the works will include:

• Major and secondary road development
• Utility mains and links to fronds
• Grading and associated infrastructure for DEWA’s power transmission line

A New Era for Waterfront Living

Spanning 13.4 km, Palm Jebel Ali will feature 16 fronds and over 90 km of beachfront, aligned with the Dubai 2040 Urban Master Plan, which aims to expand public beach access.

Designed with smart city technologies, sustainable features, and walkable mixed-use neighbourhoods, the island is set to become a world-class destination for residents, tourists, and investors alike, offering panoramic views of the Arabian Gulf and seamless mobility solutions.

A cultural revolution is about to begin. Tickets are now available for Once Upon A Time in Dubai, the most ambitious, emotional, and spectacular musical ever produced in the region. Opening this December at The Agenda in Dubai Media City, the show is already being called a once-in-a-generation phenomenon — and for good reason.

More than just a stage production, Once Upon A Time in Dubai is the first original large-scale musical entirely created in the UAE, blending Broadway-worthy storytelling with the energy and dreams of one of the world’s most iconic cities. Behind this bold vision is Stéphane Boukris, entrepreneur and cultural trailblazer, who has brought together an international creative dream team — including Universal Music Group MENA as co-producer — to craft a deeply emotional journey of love, ambition, and transformation, set in today’s Dubai.

“This show is a tribute to everything Dubai represents: ambition, diversity, and the power to build your own destiny,” says Boukris. “We are creating something people will never forget.”

A World-Class Team Behind the Curtain

The production brings together talents who have previously worked on global shows such as Céline Dion, Disney shows, and Arabs Got Talent (MBC). From lighting to choreography and technical design, every detail is crafted by artists and technicians at the highest international standards.

A Story That Speaks to a Generation

At the heart of the show is Will, a young English dancer who arrives in Dubai to search for Sophia, the woman he loves. Along the way, he meets artists, entrepreneurs, and dreamers from all walks of life, culminating in a celebration of courage, community, and reinvention.

The cast features rising stars Amanda Maalouf (X Factor) and Joe Woolford (The Voice UK) — with many of the lead vocalists and performers previously featured on international talent platforms, bringing an exceptional level of stage presence and vocal power. The musical includes over 20 original songs composed by Nazim Khaled, including already-viral hits like “Habibi”, “Stranger in the World”, and “Think Big”.

A City-Wide Movement

With over 150,000 spectators expected across 55 performances, the show is much more than an event — it’s becoming a movement. Once Upon A Time in Dubai is already making waves across the city with:

● Strategic brand partnerships: McDonald’s, Carrefour MAF, Careem, Accor, Mall of the

Emirates, Tilal Al Ghaf, GEMS Education, and more

● Immersive activations: Soundtracks in Hala taxis, QR codes in malls, music in retail

stores, and dedicated social media campaigns

● Youth engagement: Auditions and showcases for students across GEMS schools,

opening the stage to the next generation of performers

The show will be performed in English, and supported by a multicultural creative team led by stage director Johan Nus.

Exclusive Ticket Sale

Tickets are available exclusively via Fever, the global ticketing platform. Pre-sale access has already launched with selected partners such as GEMS, Muse by Chalhoub, and Accor’s ALL loyalty members — with thousands of tickets snapped up in just days.

🎤 Behind the scenes videos, interviews with the cast, and a full media kit are available upon request. 📸 Press passes for opening week are now being issued — be among the first to witness the birth of a new cultural landmark.