Author: Arabian Media staff
Image: Getty Images District cooling services provider Emirates Central Cooling Systems Corporation (Empower) has announced that it approved 23,339 No Objection Certificate (NOC) applications during the first half of 2025, representing an 18.7 per cent increase compared to the same period last year. The rise in applications highlights the company’s strong partnerships with consultants, contractors, and real estate developers, while underscoring the growing demand for district cooling services in Dubai. It also reflects Empower’s focus on delivering streamlined, hassle-free services that enhance business operations, efficiency, and productivity across the construction and real estate sectors. Empower’s NOC service is designed as…
Image: Supplied COLABB, a new Dubai-based commercial real estate investment and creative development firm, has officially launched. Positioned as an interdisciplinary platform, COLABB brings together investment, interior design, and digital strategy under one umbrella to redefine how commercial and hospitality properties are acquired, developed, and positioned in the market. COLABB supports private and institutional investors in identifying and acquiring high-potential assets by integrating acquisition, creative strategy, and execution. The firm’s model ensures that investment decisions are complemented by design innovation and digital storytelling, while property renovation and repositioning drive long-term asset value. Founded by Olga Sukhanova, who has more than…
Image: Getty Images/ For illustrative purposes The UAE has announced Friday, September 5, as a public holiday for government employees nationwide to mark the Prophet Muhammad’s (PBUH) birthday. The decision follows the non-sighting of the crescent moon for Rabi al-Awwal on Saturday, August 23. The UAE astronomy centre confirmed that the month of Safar would last 30 days, meaning the third Hijri month begins on Monday, August 25. Consequently, the Prophet’s birthday, observed annually on 12 Rabi al-Awwal, will coincide with September 5 this year. Prophet’s birthday: Three days off for government employees This would mean a three-day holiday for…
Image credit: Dubai Media Office Dubai Multi Commodities Centre (DMCC), the international business district driving global trade through Dubai, has signed a strategic partnership with Swedish fintech firm Vermiculus. The memorandum of understanding (MoU) supports DMCC’s wider ambition to accelerate innovation and strengthen Dubai’s role as a global hub for technology and trade, serving nearly 26,000 companies across its ecosystem. The partnership will explore collaboration on deploying financial technology solutions for exchanges, clearing houses, and central securities depositories. This includes joint projects and knowledge-sharing initiatives. As the parent company of the Dubai Gold and Commodities Exchange (DGCX) and the Dubai…
Image: Supplied Al Huzaifa, the UAE’s homegrown luxury furniture and interior design brand, has announced the launch of Al Huzaifa Properties, marking its entry into real estate development. The move builds on nearly 50 years of design heritage, craftsmanship, and lifestyle innovation, extending the brand’s influence beyond interiors into the creation of full living environments. Known for its flagship showrooms across the UAE, bespoke design studios, and collaborations with global hospitality and F&B brands, Al Huzaifa has long positioned itself as a curator of lifestyle experiences. With Al Huzaifa Properties, the company now seeks to transform this legacy into premium…
The NEST, Schneider Electric’s new 10,000m² flagship office in Dubai/Image: Supplied Gensler has announced the unveiling of The NEST, Schneider Electric’s new 10,000m² flagship office in Dubai. Positioned as more than just a workplace, the project signals the future of work in the region by combining sustainability, smart technology, and human-centered design. Located in Dubai Silicon Oasis, The NEST serves as Schneider Electric’s first regional headquarters for the Middle East and Africa and its inaugural Impact Building. The hub integrates office, training, and innovation facilities within one ecosystem designed to encourage collaboration, flexibility, and innovation. A key feature is the…
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Image: Drydocks World/ X Drydocks World, a DP World company, said on Monday it has secured an engineering, procurement, and construction (EPC) contract from AMIGO LNG to deliver the world’s largest floating liquefied natural gas (FLNG) liquefaction facility. The project involves converting two LNG carriers into floating storage units (FSUs) and building two new FLNG barges at Drydocks World’s Dubai yard. Once operational in the second half of 2028, the four-vessel complex will provide more than 4.2 million tonnes per annum (MTPA) of liquefaction capacity, exceeding any existing floating LNG project worldwide. image courtesy: Dubai Media Office Drydocks World EPC…
Image: Supplied The UAE Ministry of Finance said on Monday that the Organisation for Economic Co-operation and Development (OECD) has granted its Domestic Minimum Top-up Tax (DMTT) transitional qualified status. The OECD has published the UAE’s DMTT on its Central Record of Legislation with Transitional Qualified Status, available on its website. The ministry said the recognition demonstrates the UAE’s commitment to international tax standards and its alignment with the OECD and the Inclusive Framework on Base Erosion and Profit Shifting (BEPS). The DMTT qualifies to benefit from the OECD Pillar Two Safe Harbour, meaning multinational enterprises (MNEs) operating in the…
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