At the Elevate Summit in Dallas, Texas Uber announced its plan on bringing flying taxis to Dubai and Dallas by the year of 2020. These flying vehicles will be small, electric aircrafts that take off and land vertically. They will have no emissions and are quiet enough to operate in cities. In the beginning of operation the price for a flight is expected to be $1.32 per mile, which is a bit higher than taking UberX for the same distance.
The UAE ranks among the top 10 most competitive countries in the world, according to the world competitiveness ranking released by the IMD World Competitiveness Centre recently. The research group at the IMD business school in Switzerland publishes the rankings every year since 1989. The research uses 260 indicators, about two thirds of which include national statistics in such areas as trade and employment and one third is an executive opinion survey of such issues as corruption, environment and quality of life. This year 63 countries participated in the survey with Cyprus and Saudi Arabia making their first appearance.
Alexa Internet, Inc., California-based company wholly owned by Amazon.com has recently released a rating of the most popular web-sites worldwide. The assessment was based on daily average visits and views within the last three months. Around 30 million Internet resources were analyzed for the research.
Cityland Group, creators of the acclaimed Dubai Miracle Garden and Dubai Butterfly Garden, officially announced their plans for a new, nature-inspired Cityland Mall.
Scheduled for launch in Q2 2018 with a connected access to Global Village, the single-level shopping complex will have 1.13 million sq.ft. of leasable space with a colossal green reserve at the mall’s core.
The well-rounded shopping ‘destination’ pioneers a new trend in family entertainment where superior retail experience meets ecological preservation, sustainable design, and interaction with nature.
As per the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai Press Club will organise the second edition of the Arab Social Media Influencers Summit (ASMIS).
The event, which is set to attract prominent regional and international social media influencers and experts will be held at the Dubai World Trade Centre from 6 to 7 December.
With 2,274 applications from 73 countries and less than two per cent of them making the final cut, the Dubai Future Accelerators has announced the names of the companies that have been accepted to participate in the 12-week programme.
For 12 weeks, these 30 companies will work with the seven government authorities participating in Dubai Future Accelerators to develop and test products and solutions for the challenges that face key economic and strategic sectors in the cities of the 21st century in the UAE, and that can also be applied to countries in the region and around the world.
Each month about 800 thousand mobile phones are sold in UAE. 80% of them are smartphones. According to analysts, high level of mobile offers and demand on the UAE market is maintained by several aspects simultaneously. The main are using more than one device by one person, local culture of renewal of outdated gadgets, as well as reasonable decrease in prices.
Gift-giving platform Joi from UAE has received investment from 500 Startups. The plan of the investments is rather ambitious – to make Joi the ultimate online gifting platform in the region.
While the amount of the investment is undisclosed, the representative of 500 Startups confirmed that typical individual investments range between $50,000 to $100,000.
We’ve said it before and we’re going to say it once again: the Internet of Things is the future and it won’t be long until this concept will be embraced by more and more people.