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UAE Central Bank issues gold and silver coins to honour founding fathers

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The Central Bank of the UAE (CBUAE) has released limited-edition commemorative gold and silver coins to mark the “Zayed and Rashid” campaign, celebrating the enduring legacy of the late Sheikh Zayed bin Sultan Al Nahyan and Sheikh Rashid bin Saeed Al Maktoum, the visionary leaders who laid the foundation of the UAE.

This special issuance aims to honour the founding fathers, reinforce national identity, and instill a sense of loyalty and pride in future generations.

Coin Details:

Gold Coin

  • Weight: 40 grams
  • Diameter: 40 mm
  • Obverse: Portrait of Sheikh Zayed and Sheikh Rashid
  • Reverse: UAE national emblem with “Central Bank of the UAE” in Arabic and English
  • Availability: Exclusively at the Central Bank headquarters in Abu Dhabi

Silver Coin

  • Weight: 50 grams
  • Diameter: 50 mm
  • Obverse: Portrait of the two leaders
  • Reverse: UAE national emblem, name of the Central Bank in Arabic and English, and the phrase “Commemorative Coin” in Arabic
  • Availability: Online via the Central Bank’s website

Honouring a national legacy

Khaled Mohamed Balama, Governor of the CBUAE, said: “We proudly announce the issuance of these commemorative coins, which embody the meanings of loyalty and belonging to the national legacy left by the founding leaders.

This issuance marks the Zayed and Rashid campaign, aiming to solidify the values of unity and development upon which our nation was founded, and to highlight inspiring milestones in their journeys.”

Balama added that the initiative underscores the Central Bank’s commitment to preserving UAE history and ensuring that the values of the nation’s founders are passed on to future generations.

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.

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Dubai pilots on-foot package delivery with Amazon to cut traffic and create new opportunities

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Dubai Future Foundation (DFF) and Amazon UAE have launched a groundbreaking programme that allows individuals to deliver Amazon packages on foot, creating new opportunities within Dubai’s gig economy.

The initiative follows Amazon’s agreement to join Sandbox Dubai, part of DFF’s strategy to test innovative business models under the Dubai Economic Agenda (D33).

Flexible Earning Opportunities

The pilot project offers individuals and small business owners a chance to earn additional income through flexible, on-foot delivery services in densely populated areas of Dubai. It aims to make better use of idle working hours while helping businesses scale efficiently.

Beyond economic benefits, the program also supports sustainability by reducing reliance on delivery vehicles, easing congestion and cutting carbon emissions.

Public-Private Collaboration

Ronaldo Mouchawar, Vice President of Amazon Middle East, Africa, and Turkey, said the programme creates gig economy opportunities and boosts entrepreneurship.

Sandbox Dubai

Sandbox Dubai provides a controlled environment for innovators to test new services and business models with flexible regulatory oversight. The platform is central to Dubai’s plan to double its economy in the next decade and position itself among the world’s top three global cities.

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Indians lead new business registrations in Dubai, Chamber data shows

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Indian entrepreneurs continue to drive new business growth in Dubai, according to the latest figures from the Dubai Chamber of Commerce.

In the first half of 2025, a total of 9,038 Indian-owned companies joined the chamber, a 14.9% year-on-year increase, making India the top contributor among non-UAE businesses.

Pakistan ranked second with 4,281 new companies (up 8.1%), followed by Egypt in third with 2,540 companies (up 8.3%).

Bangladeshi businesses posted the highest growth rate at 37.5%, with 1,541 new companies joining, placing Bangladesh fourth. The UK ranked fifth with 1,385 new members, reflecting 11.1% growth.

Other countries in the top 10 included Syria (945), China (772), Jordan (688), Türkiye (642), and Canada (535).

Sector Trends

New members were most active in:

  • Wholesale & Retail Trade – 35%
  • Real Estate, Renting & Business Services – 35%
  • Construction – 17.3%
  • Transport, Storage & Communications – 7.6%
  • Social & Personal Services – 7.6%

The results underline Dubai’s position as a global hub for investment and entrepreneurship, attracting businesses across Asia, Europe, and North America.

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Dubai warns engineering firms over costly villa designs

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Dubai Municipality has issued warnings to several engineering consultancy offices after finding that they exaggerated structural designs for citizens’ villas.

According to officials, these inflated designs went against the Dubai Building Code and led to unnecessary construction costs for property owners, without any real engineering need.

The move is part of the Municipality’s efforts to regulate Dubai’s construction sector and protect residents from extra financial burdens. Consultancy offices across the emirate had already been reminded through circulars to strictly follow approved engineering standards.

Eng. Maryam Al Muhairi, CEO of the Buildings Regulation and Permits Agency, said:

“Compliance with the Dubai Building Code is not only a legal requirement but also a professional and ethical responsibility. The goal is to ensure safe, high-quality construction without forcing citizens to pay more than necessary.”

She added that Dubai Municipality will continue to monitor consultancy offices and contractors to prevent excessive use of building materials, including steel, and ensure construction remains efficient, safe, and cost-effective.

Repeat offenders could face disciplinary measures, including poor annual evaluations or even suspension. Earlier this year, two consultancy offices were banned from licensing new projects for six months due to violations.

By cracking down on such practices, Dubai Municipality says it aims to strengthen the emirate’s construction sector, cut waste, and support sustainable urban growth.

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