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What Lulu’s Drone Delivery Plans Could Mean for Shoppers in Dubai Lulu Group , one of the UAE’s largest supermarket chain company, is studying the possibility of launching drone based delivery services in Dubai and UAE.  Why It Matters This move comes at a time when fast delivery is rapidly growing in UAE retail , with customers daily needs and demanding groceries in minutes rather than hours. Studying the process and doing experimenting with drone technology , Lulu could push more competition in the sector to a whole new and another level. Current Status According to insiders, Lulu has already started a reasonabale study on drone delivery. However, before the possibility can take off, the company must receive clearance and green signal from the UAE’s Civil Aviation Authority (CAA). Which this regulatory step is crucial for all businesses entering the drone delivery market. What It Could Mean for Shoppers Faster grocery runs: Drone delivery could cut delivery times for smaller, u...

 Huawei Director State : China's Domestic Computing Power Can Basically Solve the US "Choke Point" Problem Huawei director and Quality Process IT President Tao Jingwen stated at the 4th 828 B2B Enterprise Festival that China's domestic computing power can basically solve the US "choke point" problem. China also has a group of excellent large model companies like DeepSeek, and the competitiveness of large models is no less than that of the US. Tao Jingwen pointed out that hardware companies led by Huawei should basically be able to solve the US choke point problem against China in terms of computing power. He said that China has the world's richest real economy and business scenarios, as well as the most complete data accumulation. If efforts are made correctly, it will definitely surpass the US in artificial intelligence applications. Tao Jingwen also revealed that Huawei has built an ecosystem completely independent of the US, from computing power, data...

  Dubai Becomes the Leading Global Market for Branded Residences , Growing 160% in Ten Years As per the Middle East Economic Digest on August 25, the global demanded for standard residences that has surged by 160% over the past decade. Dubai, with its outstanding scale and quality of development, has become a global leader in this sector. According to a Betterhomes report , Dubai currently has 61 completed projects and another 100 under construction, with the total expected to exceed 140 by 2031. Dubai's success stems from proactive government policies, a business-friendly environment, and high-quality innovative projects by developers. The growth of high-net-worth individuals in the UAE has driven demand for luxury residences, which are typically priced more competitively than in other international cities, offering stable rental yields and capital appreciation potential . Branded residences are priced about 40% higher than non-branded ones and perform better in resale. By 20...

  Etihad Rail Could Completely Transform Sharjah As the launch of Etihad Rail's passenger service approaches, Sharjah is on the brink of a historic transformation. This emirate, home to 1.8 million people, is poised to spark a new wave of development in education, transportation, real estate, and other sectors through its strategic positioning as a railway hub . As transportation experts states that, the railway passenger station adjacent to the University City and the international airport will become the main engine igniting Sharjah's development fire. As a major center for higher education in the UAE, Sharjah's University City area hosts over 40 academic institutions including the University of Sharjah and the American University of Sharjah , forming an educational cluster of 50,000 faculty and students. The planned location of the Etihad Rail Sharjah station is right in this core area, known as the "Middle East's intellectual hub." "Previously, fa...

  Abu Dhabi 's Non-Oil Exports Grow by 64% in the First Half of the Year According to data from the Abu Dhabi Chamber of Commerce , in the first half of 2025, Abu Dhabi's non-oil foreign trade volume increased by 34.7% year-on-year, with non-oil exports growing by 64%, re-exports by 35%, and imports by 15%, continuing the rapid growth trend of the past year. In 2024, non-oil trade grew from 9%, exports by 16%, re-exports by 11%, and imports by 3%. In the industrial sector , especially in chemicals , metals , and engineering industries , the issuance of certificates of origin increased significantly, indicating further expansion of Abu Dhabi's industrial base . Meanwhile, exports from small and medium-sized enterprises rose sharply, benefiting from the Chamber's supportive measures such as business matchmaking , export training , and strategic cooperation , significantly enhancing their ability to enter regional and international markets .

  The UAE becomes the world's fourth largest Bitcoin reserve holder through domestic mining, holding 6,300 Bitcoins worth over $700 million International crypto intelligence agency Arkham Intelligence revealed on August 25 that the UAE holds about 6,300 Bitcoins (valued between $700 million and $740 million) through domestic mining, making it the world's fourth largest Bitcoin reserve holder. These Bitcoins are mined directly by Citadel Mining , a publicly listed company controlled by the Abu Dhabi Royal Group , rather than purchased on the open market, marking the UAE as the first country to build a Bitcoin reserve through "sovereign mining."  

 Dubai Strictly Regulates Construction Costs of Citizens' Villas to Crack Down on Excessive Structural Design Leading to Inflated Costs The Dubai municipal authorities recently issued a warning to the local engineering consulting industry, strictly prohibiting unjustified increases in construction costs when designing and building villas for UAE citizens. The municipal authorities pointed out that this special warning stems from the recent inspection revealing the phenomenon of "excessive structural design of citizens' villas," which has led to unreasonable increases in construction costs. According to the municipal building supervision and licensing agency, a formal notice has been previously issued to relevant consulting firms in the industry, clearly mentioned requiring all engineering design standards to strictly follow  with the dependent provisions of the "Dubai Building Code." The agency's CEO, Mariam Al Muhairi, stated that : "Compliance wit...

 The Organisation for Economic Co-operation and Development (OECD), composed of the world's 38 largest economies, has included the UAE's 15% top-up tax on large multinational enterprises in its " transitional qualification " list. The UAE Ministry of Finance  represent that this move will be providing the  greater transparency for the businesses operating in the UAE. This domestic minimum top-up tax (DMTT) took effect on January 1 and applies to multinational enterprises with global consolidated revenues of €750 million (US$793 million) or more, and which meet this threshold in at least two of the four fiscal years preceding the applicable tax year. The OECD's " Central Register of Legislation with Transitional Qualification " lists jurisdictions that have completed the agreed procedures and obtained transitional qualification for the minimum tax. The UAE Ministry of Finance said in a statement on Monday that obtaining this qualification means "m...

 In Dubai, A City Dominated By Supercars On The Roads, Some People Love License Plates Even More Than The Cars Themselves. For some, it is a way to show status; for others, it is a lucky number or even a serious investment; and a few collectors are obsessed with creating series of license plates by combining different letters with the same numbers. One thing is certain: when you see a rare license plate in Dubai, it is absolutely unforgettable. So, what are the three most expensive license plates in Dubai?  • P7 Worth 55 million dirhams At the "Most Prestigious Numbers" charity auction in April 2023, Dubai license plate P7 was sold for an astonishing 55 million dirhams, setting a Guinness World Record . But this is not just a display of wealth. The proceeds from the auction support Dubai's "One Billion Meals Donation Program," a charity initiative launched by Sheikh Mohammed bin Rashid Al Maktoum , Vice President of the UAE and Ruler of Dubai. Who was the winni...

  The Eight Principles of Dubai "The Eight Principles of Dubai" were proposed by Sheikh Mohammed bin Rashid Al Maktoum , the ruler of Dubai . The text is presented in both English and Arabic. The main points are as follows: ⸻ 1. The Union is the Foundation The union is the foundation — The prosperity of the UAE comes from the federal system , and Dubai's fate is closely linked to the nation. 2. No One is Above the Law No one is above the law — Fairness and justice are the core of Dubai's society. 3. We are a Business Capital We are a business capital — Dubai should always remain open and welcoming to global investors and enterprises . 4. Three Factors Drive Growth Three major growth drivers — government efficiency , legal fairness , and competitiveness . 5. Our Society has a Unique Personality Our society has a unique personality — preserving traditions, values, and cultural identity while embracing modernization. 6. We Believe in Economic Diversification We belie...

 UAE Travel: Etihad Airways Offers Up to 30% Discount for New Destinations Etihad Airways announced that international flights to selected new destinations booked between August 24 and August 28 are eligible for up to a 30% discount. This offer applies to travel between September 1 and December 31. The discount is valid for destinations including Phnom Penh , Krabi , Tunis , Chiang Mai , Hong Kong , Addis Ababa , Kazan , Medan , and Hanoi .

  Telegram founder splurges 55 million dirhams to buy license plate P7 Telegram founder Pavel Durov won the license plate P7 at a charity auction for a Guinness record-breaking 55 million dirhams. This combination, due to its minimalist rarity of "single letter + single digit," is regarded as the ultimate representation of " license plate aesthetics ."

The UAE's "Home for Influencers" has attracted 2,415 content creators, with a total fan base exceeding 2.45 billion Breakthrough progress in the UAE's content economy strategy: The global influencer community "Creators HQ," launched in January this year, has attracted 2,415 content creators from 147 countries  data from the first six months, more than 78 global content industry companies are relocating to the UAE from 24 different countries. These creators have a combined fan base of over 2.45 billion, marking the UAE's rapid rise as a core hub for the global digital content industry. 1. Global Siphon Effect: The "Migration Wave" of Talent from 147 Countries and 78 Companies As of July 2024, Creators HQ members cover 147 countries worldwide, with major contributions from the UK, USA, India, Pakistan, France, and Germany. Leading creators include social media bloggers, podcasters, and visual artists with tens of millions of followers. The 78 rel...

  Dubai Global Village is about to reopen, what upgrades are there this year? Preview of Season 30 : Brand new experience upgrades for the 20th anniversary celebration Tracing the development of Global Village, its prototype began in 1997 with 10 country-themed booths in the Dubai Creek parking lot, attracting only 500,000 visitors in the first season. After brief transitions through Oud Metha and Dubai Festival City , it officially rooted in Dubailand in 2005, starting its path of large-scale development. Today, this cultural complex covering 17.2 million square feet has over 90 themed pavilions, attracting millions of visitors annually, becoming a "window to world cultures" shared by Dubai locals and international tourists. It is reported that Season 30 will revolve around the theme of " Milestone Carnival ," launching three core highlights: Culinary Innovation : Introducing global popular dining brands and local creative food stalls to create a "world ...

  Dubai Airport Bridge Expansion for Smoother Travel Another project to reduce traffic on Airport Road RTA expands the capacity of the bridge leading to Dubai International Airport Terminal 1 Dubai has taken another step in alleviating traffic congestion and enhancing transport infrastructure: the Roads and Transport Authority (RTA) has announced a new project that will significantly reduce traffic on the way forwading to Dubai International Airport Terminal-1. The project aims to improve traffic flow, shorten travel times, and make journeys to one of the world's busiest terminals smoother. Key Project Details This development project, launched in collaboration with Dubai Aviation City Corporation (DACC), involves expanding the existing bridge, which currently has three lanes. The project is having aim to convert the bridge into a four lane structure, increasing its productivity by 33%. Construction will use an innovative new structure: a composite concrete slab solution built on...

  Digital Payment for Pocket Money Rising in the UAE Digital Pocket Money in the UAE : The New Generation of Card Payments With the start of the new school year, more and more parents in the United Arab Emirates are choosing to give their children pocket money electronically rather than in cash. In Dubai and other parts of the UAE, apps and prepaid cards that allow children to spend easily, safely, and with traceability are becoming increasingly popular. This change is not only for convenience but also to cultivate financial awareness and enhance parental control . The Decline of the Cash Era Cash use is gradually taking a back seat in many families. Although still accepted as a payment method, it actually brings many inconveniences—especially when exact payment cannot be made due to lack of change, or when delivery drivers cannot provide change. In contrast, digital solutions are fast, convenient, and provide instant feedback to buyers and parents. More and more students repor...

 Gold Prices Keep Soaring, More New Highs Ahead? Gold Prices Surge: Break Through $3,330, More Records Ahead? As gold prices once again break the $3,330 per ounce mark, gold has once again attracted investors' attention. This rise is mainly driven by global economic and geopolitical uncertainties, including new US tariff measures, persistently high inflation expectations, and speculation about the Federal Reserve 's policy direction. Why Are Gold Prices Rising? Traditionally, gold is seen as a safe haven by investors during times of crisis, and this time is no exception. Global markets are unsettled by the US's new tariff plan, which acts like an indirect tax by raising production costs and fueling inflation. This pressure encourages economic participants to invest in lower-risk, non-interest-bearing assets like gold. Tariff revenues exceeded $27 billion in July, setting a historical record, indicating increased burdens on global trade that may lead to slower growth. If fis...

 Luxury Life with Zero Income Tax, Wealthy Flock to Dubai  Dubai's zero income tax policy and luxurious lifestyle has been attracted by many wealthy individuals from around the world and are flocking to their desert city in huge numbers. The UAE, mostly Dubai, have been long welcoming wealthy people from neighboring countries and around world  to invest also to reside locally. People who help wealthy individuals can  relocate to Dubai told AFP that an increasing number of affluent Westerners are choice to come to the UAE. Immigration consultancy Henley & Partners data reflect that the UAE is expected to attract more than 9,800 millionaires this year, more than any other state or region globally. In contrast, the UK is set to lose a record 16,500 millionaires this year. The UAE's economic and political stability, extremely low crime rate, business-friendly environment, and convenient luxury lifestyle make it very attractive to the wealthy. Its Golden Visa program,...

 #VietnamNews: State Bank of Vietnam suggests financial centers report electronic transactions over US$1,000 The State Bank of Vietnam (SBV) has recently opened a public consultation on a draft agreement on the regulation of the International Financial Center (IFC), which requires that all electronic transactions above US$1,000 occurring in the center be reported as required. The draft is a concrete initiative to implement Resolution 222 of the National Assembly on building an international financial center. The draft specifies the mechanism for managing capital flows : capital is allowed to flow from the center to other regions of Vietnam, within the center and freely with the world, but capital flows into the center from other regions of Vietnam are prohibited. The move aims to build a legal framework of special policy advantages to attract international capital and ensure financial security at the same time The State Bank of Vietnam has particularly reminded that the opening u...

 # Cryptocurrency Companies Urge UK to Develop National Stablecoin Strategy Several major cryptocurrency companies said on Wednesday that the UK should develop a national stablecoin strategy to promote token adoption and avoid falling behind the US in this disruptive new technology . Thirty crypto industry figures stated in an open letter to Chancellor Rachel Reeves that the UK must act immediately to avoid becoming a rule-taker rather than a rule-maker in the digital asset era . The letter said: "To ensure the UK remains at the forefront, we believe a proactive and coordinated national strategy is needed, positioning stablecoins as financial infrastructure to be responsibly embraced rather than a risk to be curtailed." A UK Treasury spokesperson said the government plans to advance final legislation on crypto assets , including stablecoins, by the end of the year.