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Construction starts on Dubai’s first aerial taxi port 

The initiative is set to make Dubai the world’s first city to offer urban aerial transport through an advanced aerial taxi take-off and landing network….reports Asian Lite News

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, in the presence of H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, gave the green light for the construction of Dubai’s first aerial taxi vertiport near Dubai International Airport. 

The initiative is set to make Dubai the world’s first city to offer urban aerial transport through an advanced aerial taxi take-off and landing network. 

Featuring a modern design that complements Dubai’s urban landscape, the vertiport is set to offer passengers a unique, comfortable and seamless mobility experience. 

Spanning 3,100 square metres, the vertiport features designated zones for take-off and landing, aircraft charging, a dedicated aerial taxi apron, and a parking area. With a capacity for approximately 42,000 landings annually, it is expected to serve around 170,000 riders per year. 

Upon arrival at RTA headquarters, Sheikh Hamdan was welcomed by Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of RTA, senior RTA officials, and JoeBen Bevert, Founder and CEO of Joby Aviation, the aerial taxi manufacturer, and Damien Kisly, Head of Infrastructure EMEA at SkyPorts, the company responsible for designing and constructing the vertiport’s infrastructure., 

Contemporary design 

Sheikh Hamdan bin Mohammed attended a presentation on the Aerial Taxi vertiport’s contemporary design, which reflects Dubai’s iconic urban aesthetic, offering users a seamless and comfortable travel experience. The vertiport includes air-conditioned facilities built to the highest global safety standards. In collaboration with leading international operators, Joby Aviation will manage aircraft manufacturing, operations, and passenger movement, while Skyports will oversee the design, construction, and operation of the vertiport’s infrastructure. RTA will be responsible for governance and integration with other transport modes. The aerial taxi service is expected to launch in Q1 2026. 

The Joby S4 aerial taxi is capable of vertical take-off and landing, operating as a sustainable, eco-friendly electric vehicle with zero emissions. Known for safety, comfort, and speed, the aerial taxi incorporates advanced technology with six rotors and four battery packs, enabling a flight range of up to 161 kilometres at a maximum speed of 321 km/h. With a capacity for four passengers plus a pilot, the aerial taxi generates significantly less noise compared to traditional helicopters. 

Al Tayer elaborated on the project, stating: “In the initial phase, the aerial taxi service will operate from four strategic locations close to Dubai International Airport, Downtown Dubai, Dubai Marina, and Palm Jumeirah. This service provides Dubai residents and visitors with a new, rapid, and secure transport option to key city locations. For example, a journey from Dubai International Airport to Palm Jumeirah is anticipated to take approximately 12 minutes, compared to 45 minutes by car. The service also supports integration with public transport modes and individual transport solutions like e-scooters and bicycles, promoting multimodal transport and city-wide connectivity to deliver a smooth travel experience.” 

Earlier this year, RTA signed an agreement to launch the aerial taxi service with the General Civil Aviation Authority (GCAA), the Dubai Civil Aviation Authority (DCAA), Skyports Infrastructure, a UK-based leader in advanced aerial mobility infrastructure development, and Joby Aviation, a US-based specialist in aerial vehicles. 

ALSO READ: UAE National domain ‘.ae’ marks 347,000 registrations 

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Sheikh Mohammed launches Dh2b Dubai Police projects 

These initiatives aim to bolster security and safety, invest in specialised police training, and enhance employee wellbeing through housing projects designed to promote family stability…reports Asian Lite News

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has unveiled a comprehensive AED2 billion Dubai Police development plan. These projects aim to enhance public safety, improve specialized police training, and increase family stability by offering housing benefits to employees. The announcement was made at the Dubai Police Officers Club in Al Jaddaf, where His Highness was welcomed by Lieutenant General Dhahi Khalfan Tamim, Deputy Chief of Police, Lieutenant General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, and other senior officials. 

Sheikh Mohammed commended Dubai Police for their dedication to public safety, noting Dubai’s position as a global leader in security through technology. He urged the force to keep setting new standards of excellence and innovation, reinforcing Dubai’s status as one of the safest cities in the world. 

Among the projects, the Dubai Police Academy expansion in Al Ruwayyah 1 stands out with a budget of AED1 billion and covers 155 hectares. It will accommodate up to 2,500 students and offer residential, academic, and sports facilities. The academy’s design includes zones dedicated to residential, classroom, sports, and operational facilities, alongside a 3.5-kilometre track for cycling and running. The project is scheduled for completion by 2027. 

In Hatta, a new training center will be opened next year, with facilities such as a sports field, shooting range, residential quarters, and classrooms to accommodate 180 students. 

Another major initiative, ‘Area 56,’ will serve as a Unified Centre for Crime Prevention, integrating advanced data analysis and predictive policing technology to combat crime, traffic issues, and narcotics. With an AED300 million investment, the facility emphasizes digital transformation and AI capabilities. 

The Dubai Police Housing initiative, with a budget of AED300 million, is designed to provide stable housing in Umm Al Daman. Scheduled for completion in 2026, it will include 246 apartments, green areas, retail outlets, sports centers, playgrounds, and more, supporting the well-being of Dubai Police families. 

Additionally, His Highness reviewed other strategic projects, including the General Department of Organisation Protective Security and Emergency building in Al Ruwayyah, which will house training facilities, sports centers, and parking for specialized vehicles, with a 2026 completion target. 

The Bur Dubai Police Station expansion, with an AED90.9 million budget, will introduce a Smart Police Station (SPS) and provide upgraded facilities for investigations, traffic services, and anti-narcotics operations. A new Forensic Medicine Building will enhance Dubai’s forensic capabilities, equipped with modern facilities such as virtual anatomy labs, a biobank, and advanced medical data research resources. 

Notably, the plan includes the world’s first Floating Smart Police Station (SPS), set offshore at The World Islands. This unique facility, designed for water sports and yacht enthusiasts, will operate 24/7, offering automated services with no need for on-site personnel. 

ALSO READ: UAE National domain ‘.ae’ marks 347,000 registrations 

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UAE urges swift climate action efforts 

His Highness Sheikh Mohamed bin Zayed underscored the UAE’s deep-rooted legacy of environmental stewardship and commitment to the principles of sustainable development…reports Asian Lite News

President His Highness Sheikh Mohamed bin Zayed Al Nahyan attended the opening session of the COP29 World Leaders Climate Action Summit and reiterated the UAE’s commitment to helping accelerate climate action and build a climate resilient economy for the future. 

Inaugurated by Ilham Aliyev, President of Azerbaijan, the COP29 climate conference is being hosted in Baku from 11th to 22nd November under the slogan ‘In Solidarity for a Green World.’ 

On the occasion of his participation in the summit, His Highness Sheikh Mohamed bin Zayed underscored the UAE’s deep-rooted legacy of environmental stewardship and commitment to the principles of sustainable development. 

He highlighted that this dedication led to the UAE’s hosting of COP28 last year, during which the country championed international cooperation to provide an effective response to the first Global Stocktake assessing progress in achieving the goals of the Paris Agreement. 

His Highness emphasised that continued constructive international collaboration on climate action can pave the way for a new era of sustainable economic and social growth that benefits all nations. He framed climate action as a unique opportunity for advancement, rather than a burden, noting that the historic UAE Consensus delivered at COP28 confirmed a shared global resolve to achieve a systematic, responsible, fair, and rational transition within the energy sector. 

The agreement also provided a roadmap for meeting the ambitions of the Paris Agreement and succeeded in restoring trust in the multilateral system through commitments to previous financial pledges and efforts to mobilise climate funding for the most vulnerable nations and communities. 

His Highness called on all parties to prioritise mutual understanding over division, stressing that the collective mission now is to work together for the greater good of humanity. 

Upon his arrival at the COP29 venue earlier in the day, His Highness Sheikh Mohamed bin Zayed was welcomed by the President of Azerbaijan His Excellency Ilham Aliyev, and His Excellency António Guterres, Secretary-General of the United Nations. 

His Highness also engaged in cordial conversations with several delegation heads, discussing bilateral relations between the UAE and their respective countries, as well as the important role of COP29 in enhancing international cooperation and accelerating global efforts to address climate change. 

The UAE delegation accompanying His Highness the President participated in the opening session of the World Leaders Climate Action Summit. 

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President Ilham Aliyev of Azerbaijan welcomed President His Highness Sheikh Mohamed bin Zayed Al Nahyan at the beginning of his speech during the opening ceremony of the World Leaders Climate Action Summit at COP29. 

He congratulated His Highness on the historic “UAE Consensus” during COP28 and praised the UAE’s supportive efforts in hosting COP29. 

In his speech, Aliyev said that the organisation of COP29 in Baku reflects his country’s appreciation of multilateralism and cross-culturalism, noting that more than 72,000 participants from more than 196 countries have registered to attend COP29. 

He added that his country, as COP29 President, seeks to create consensus between developing and developed countries and establish South-North relations, noting that the mega projects initiated by Azerbaijan have changed the energy and transport routes in Eurasia. 

He explained that his country pays great attention to export markets and endeavours with its partners to implement other important energy security projects, noting that one of them is the supply of energy through the bottom of the Black Sea. 

In his speech, UN Secretary-General António Guterres said that at COP28, held in the UAE last year, parties agreed to transition to an energy system free from conventional fuels that do not reduce emissions and to accelerate the use of zero-emission energy systems. 

He stated that they have agreed to outline the pathway for improved climate adaptation, aligning it with the next round of nationally determined contributions and comprehensive national climate plans to maintain the 1.5°C target. “Now is the time to deliver on commitments,” he emphasised. 

He added that the economic necessity is becoming more clear and urgent with each innovation in renewable energy use and price reduction. He described solar and wind energies as the most affordable sources of new electricity. 

He said that no group, company or government can stop the clean energy revolution, but everyone must work to ensure that the transition is fair and swift in a way that can limit the global temperature rise to meet the 1.5°C target. 

He emphasised that to achieve this goal the pace of global emissions reductions must reach nine per cent per year, and by 2030, reach 43 per cent below 2019 levels. 

At this COP, it must be agreed to set rules for fair and efficient carbon markets that respect the rights of local communities and leave no room for land grabs by the next COP, he said. “New national climate action plans must be introduced at the economy-wide level.” 

He spoke about the need to align national energy transition strategies and sustainable development priorities with climate action to attract the necessary investment. He said that this should be achieved in line with shared responsibilities, taking into account different national circumstances and capabilities. 

ALSO READ: UAE National domain ‘.ae’ marks 347,000 registrations 

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UAE National domain ‘.ae’ marks 347,000 registrations 

The UAE national domain name (.ae) is one of the vital elements in promoting the digital infrastructure of the UAE…reports Asian Lite News

The UAE national domain .ae has achieved 347,000 registrations reflecting the demand and confidence in it by companies, individuals and businesses. 

These domains are managed by the UAE’s Telecommunications and Digital Government Regulatory Authority, which is working constantly to improve the services and provide the latest technologies to ensure the security and effectiveness of the domains. 

The UAE national domain name (.ae) is one of the vital elements in promoting the digital infrastructure of the UAE. It contributes significantly to strengthening the country’s digital identity and supporting the digital economy. It is considered a symbol of trust and credibility for business owners, individuals and businesses, as it validates the status of their activities, and increases their chance for digital visibility and access to local and international customers. 

In order to improve the user experience, the National Domain Registry in the UAE launched several features, including the “Name Ideas” service, which suggests domain names for aspiring registrants with the help of generative artificial intelligence. 

Companies and individuals are required to provide a simple description of their business activity and the AI tool will suggest domain names that reflect their business. 

The service, which is the first of its kind in the region, has achieved more than10,000 visits since its launch in 2023. In addition, the .ae domain has attracted major registered companies, bringing the total number of accredited registrars to 26. 

Commenting on these improvements, Mohammed Ibrahim Al Zarooni, Deputy Director General of the Information and Digital Government Sector, said, “As a result of the continuous efforts and improvements by TDRA, the UAE national domain (.ae) remains an ideal choice for companies and individuals seeking to enhance their digital presence and achieve growth in a competitive digital market.” 

He added, “The UAE national domain (.ae) is more than just an internet domain name. It reflects the UAE’s commitment to strengthening its digital economy and providing new opportunities for businesses and individuals alike”. 

ALSO READ: ‘UAE’s diamond trade to hit $40b in 2024’ 

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UNFCCC commends UAE’s COP28 presidency 

Stiell stressed the significance of a unified financial commitment to climate action, stating, “We must agree a new global climate finance goal.”

Simon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), expressed his appreciation for the UAE’s relentless efforts during its COP28 presidency. 

In his opening remarks at the 29th Conference of the Parties (COP29) held today in the Azerbaijani capital, Baku, Stiell stressed the significance of a unified financial commitment to climate action, stating, “We must agree a new global climate finance goal.” He added, If at least two-thirds of the world’s nations cannot afford to cut emissions quickly, then every nation pays a brutal price.” 

“If nations can’t build resilience into supply chains, the entire global economy will be brought to its knees. No country is immune,” he warned. 

Stiell stressed that climate finance should not be regarded as “charity”, noting “An ambitious new climate finance goal is entirely in the self-interest of every nation, including the largest and wealthiest.” 

He added that simply agreeing on a goal isn’t enough, “We must work harder to reform the global financial system. Giving countries the fiscal space they so desperately need.” 

“Here in Baku, we must get international carbon markets up and running, by finalising Article 6. We need to move forward on mitigation, so targets from Dubai are realised,” Stiell emphasised. 

“We mustn’t let 1.5 slip out of reach,” Stiell said, noting that clean energy and infrastructure investments are projected to reach two trillion dollars in 2024— almost twice that of fossil fuels. 

ALSO READ: ‘UAE’s diamond trade to hit $40b in 2024’ 

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MBZ in Azerbaijan to participate in COP29 

The conference is being hosted in the Azerbaijan capital from 11 to 22 November under the slogan ‘In Solidarity for a Green World.’…reports Asian Lite News

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived today at Heydar Aliyev International Airport in Baku on a working visit to the Republic of Azerbaijan, during which he will participate in the COP29 climate conference. 

The conference is being hosted in the Azerbaijan capital from 11 to 22 November under the slogan ‘In Solidarity for a Green World.’ 

MBZ hosts special dinner 

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today hosted a special dinner in Baku in honour of His Royal Highness Crown Prince Al Hussein bin Abdullah of the Hashemite Kingdom of Jordan, His Excellency Alexander Lukashenko, President of the Republic of Belarus, and His Excellency Edi Rama, Prime Minister of the Republic of Albania. 

The event took place on the sidelines of His Highness’ working visit to Azerbaijan, where he is attending the COP29 climate conference. 

During the dinner, His Highness Sheikh Mohamed bin Zayed and the guests engaged in cordial conversations reflecting the strong relations between the UAE and their respective countries. 

They affirmed their shared commitment to further advancing these ties for mutual benefit and growth, and also discussed the important role of the COP29 climate conference – being hosted in Azerbaijan from 11th to 22nd November – in promoting international climate action. 

The Jordanian Crown Prince, Belarusian President, and Albanian Prime Minister expressed their appreciation to His Highness for this kind gesture, wishing him good health and continued progress and prosperity for the UAE. 

ALSO READ : ‘UAE’s diamond trade to hit $40b in 2024’ 

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‘UAE’s diamond trade to hit $40b in 2024’ 

Al Kait said that diamonds account for a large share of the UAE’s non-oil trade, exceeding 5.5%, with the value of diamond trade reaching nearly $39 billion in 2023…reports Asian Lite News

The UAE ranks third globally in the diamond trade after India and the United States, with a share of more than 15% of total international trade in this sector. 

Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, in statements to the Emirates News Agency (WAM) on the sidelines of the sixth edition of the Dubai Diamond Conference, organised by the Dubai Multi Commodities Centre (DMCC) as part of Dubai Diamond Week, said that the value of the UAE’s diamond trade will exceed $40 billion this year. 

Al Kait said that diamonds account for a large share of the UAE’s non-oil trade, exceeding 5.5%, with the value of diamond trade reaching nearly $39 billion in 2023, and during the first half of 2024 it reached about $20 billion. 

He stressed the important role that comprehensive trade agreements play in boosting the UAE’s diamond trade, removing barriers and opening up new markets and opportunities in Asia, Africa, and various countries around the world, noting that DMCC plays a crucial role in stimulating diamond trade around the world. 

In his speech at the conference, Juma Al Kait highlighted the growing role that the diamond sector plays in the UAE’s economy and the sector’s continued ability to innovate and adapt. He noted that the discussions at the conference provide a better opportunity to understand the challenges facing the sector, as well as identify the pathways and policies needed to ensure its long-term sustainability. 

The UAE will chair the Kimberley Process in 2024 for the second time since it became the first Arab country to hold this position eight years ago. The growth of the diamond sector reflects the UAE’s position as a global destination for trade and investment and reinforces its vision to diversify the economy, he indicated. 

He said that the UAE’s foreign trade agenda is one of the main pillars of these ambitions, working to raise the total value of non-oil trade to AED 4 trillion by 2031, and increase non-oil exports to AED 800 billion in the same period. He pointed out that the UAE has adopted an ambitious strategy to enhance the diversity of supply chains and create new market opportunities for the private sector in all sectors. 

The Comprehensive Economic Partnership Agreements (CEPA) programme is one of the main pillars of this policy, as it contributes to the consolidation of trade and investment relations with key allies around the world, he added. 

He also noted that the UAE’s non-oil trade reached AED 1.4 trillion in the first half of 2024, an increase of 11.2% compared to the same period in 2023, noting that this continuous growth came amid global trade growth of only 1.5%. 

ALSO READ: Russian minister highlights UAE as largest energy partner in MENA

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UAE forms new aid agency to expand global efforts 

The agency is tasked with implementing foreign aid programmes in line with the general policy for international humanitarian affairs. ..reports Asian Lite News

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a federal decree to establish the UAE Aid Agency, affiliated with the International Humanitarian and Philanthropic Council. The agency shall have an independent juridical personality and full legal capacity to act. 

The agency is tasked with implementing foreign aid programmes in line with the general policy for international humanitarian affairs. Its responsibilities include planning, overseeing, executing, and monitoring official government support, with a particular focus on disaster relief, early recovery programmes, post-conflict stabilisation, development programmes, and capacity building programmes. 

Speaking on the occasion of the establishment of the UAE Aid Agency, His Highness Sheikh Mansour bin Zayed bin Sultan Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, said, “The establishment of the UAE Aid Agency represents a continuation of the steadfast humanitarian legacy laid by our Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan. 

“This approach reflects the UAE’s dedication to addressing humanitarian challenges and fostering sustainable development globally. The country pursues this mission under the wise leadership and enduring support of President His Highness Sheikh Mohamed bin Zayed Al Nahyan affirming the commitment of the leadership, government, and nation to advancing this noble humanitarian endeavour.” 

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, stated, “The establishment of the UAE Aid Agency reaffirms the UAE’s humanitarian role in providing essential assistance, improving living conditions, and supporting communities and people across all continents.” 

His Highness emphasised the UAE’s commitment to collaborate with international partners to create a tangible and lasting positive impact, especially in regions affected by crises and instability, with a focus on vital areas such as educational services, healthcare facilities, and infrastructure sectors to achieve sustainable development and prosperity for all. 

H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of the International Humanitarian and Philanthropic Council, said, “With the formation of the UAE Aid Agency, we are reaffirming our commitment to addressing global humanitarian challenges and promoting sustainable development in a strategic and coordinated manner.” 

He added that the agency aims to enhance the impact of UAE’s global priority foreign aid. It seeks to maximise positive outcomes in executing humanitarian relief programmes, initiatives, and developmental projects worldwide, aligning with the UAE’s role and stature in regional and international humanitarian and developmental efforts. 

The UAE is considered one of the world’s most generous donor countries. Latest figures show the UAE, since its founding by the late Sheikh Zayed bin Sultan Al Nahyan, has contributed over US$98 billion (AED360 billion) in foreign assistance, which has benefited over one billion people worldwide. 

ALSO READ: Russian minister highlights UAE as largest energy partner in MENA

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Arab-Islamic Summit renews support to Palestine

The resolution warned of the expansion of the aggression on the Gaza Strip, now extending to Lebanon, and the violation of the sovereignty of Iraq, Syria, and Iran….reports Asian Lite News

A resolution passed at an Extraordinary Arab and Islamic Summit in Riyadh has warned of the escalating conflict in the Middle East and its potential regional and global consequences.

The resolution, published on Monday in full, also warned of the expansion of the aggression on the Gaza Strip, now extending to Lebanon, and the violation of the sovereignty of Iraq, Syria, and Iran.

It expressed support for Egypt and Qatar’s efforts, in collaboration with the US, to secure an immediate and permanent ceasefire in the Gaza Strip and the release of hostages and prisoners. The resolution held Israel accountable for the failure of these efforts due to its government’s withdrawal from the agreements reached by the negotiators, Xinhua news agency reported.

The resolution urged the international community to take effective action to compel Israel to adhere to international law, condemning the double standards in the application of international law, humanitarian law, and the United Nations Charter.

The summit reiterated the centrality of the Palestinian cause, affirming its steadfast support for the Palestinian people in their struggle for their legitimate and inalienable rights, including the right to freedom and an independent state based on the 4 June 1967 borders with East Jerusalem as its capital.

The statement also upheld the right of Palestinian refugees to return and receive compensation according to international law.

The summit stressed Palestine’s complete sovereignty over East Jerusalem, condemning any Israeli decisions or actions aimed at Judaising the city and solidifying its colonial occupation. According to international law and United Nations resolutions, such actions were labelled as illegal.

The statement also condemned Israel’s ongoing brutal aggression on Gaza and Lebanon, calling for an immediate cessation of hostilities and efforts to end the catastrophic humanitarian consequences on civilians — especially children, women, the elderly, and unarmed civilians.

The summit followed the first meeting held in November 2023, focusing on the ongoing Israeli aggression in Palestinian territories and Lebanon, as well as current regional developments.

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MBS meets Iran, Palestine leaders

Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud met with Iran’s First Vice President Mohammad Reza Aref on the sidelines of the Extraordinary Arab and Islamic Summit.

During the meeting, they discussed bilateral relations and several topics of mutual interest.
The meeting was attended by Minister of National Guard Prince Abdullah bin Bandar bin Abdulaziz, Minister of Defence Prince Khalid bin Salman bin Abdulaziz, several Saudi officials, and the accompanying delegation of the Iranian first vice president.

The crown prince had also met Palestine President Mahmoud Abbas on the sidelines of the Extraordinary Arab and Islamic Summit.

They discussed the topics on the summit agenda, developments in Palestine, and the efforts exerted in this regard.

Attending the meeting were Minister of State and Member of the Cabinet Prince Turki bin Mohammed bin Fahd bin Abdulaziz; Minister of National Guard Prince Abdullah bin Bandar bin Abdulaziz; Minister of Defence Prince Khalid bin Salman bin Abdulaziz; Minister of State, Member of the Cabinet and National Security Advisor Dr. Musaed bin Mohammed Al-Aiban; and the delegation accompanying the Palestinian president.

Senior Saudi military officer visits Iran

General Chief of Staff Fayyad al-Ruwaili of the Saudi armed forces held talks with his Iranian counterpart in Tehran, marking a significant step in defence ties between the two regional powers following their diplomatic rapprochement last year.

Al-Ruwaili met with Mohammad Baqeri, chief of staff of the Iranian Armed Forces, to explore ways to strengthen military cooperation, Xinhua news agecy reported quoting Iran’s Fars news agency.

During the meeting, Baqeri extended an invitation for Saudi naval forces to participate in an Iranian maritime exercise planned for next year, either as an active participant or observer.

“The exchange of such visits between our armed forces carries special importance for the region and Muslim world in the current circumstances,” Baqeri was quoted as saying by Fars.

Al-Ruwaili, who arrived in Tehran on Sunday leading a high-level military delegation, agreed to enhance bilateral military cooperation across various domains. Both officials emphasised their countries’ influential role in fostering regional unity among Muslim states.

The Palestine issue was also discussed during the talks, according to Fars.

This high-level military engagement follows the Beijing-sponsored restoration of diplomatic relations between Saudi Arabia and Iran in April 2023, ending a seven-year freeze. Riyadh had severed ties with Tehran in 2016 after Iranian protesters attacked Saudi diplomatic missions following the kingdom’s execution of a Shiite cleric.

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Lulu Opens New Hypermarket, Eyes 100 GCC Stores 

Located in the leafy residential area of Motor City, this state-of-the-art store spans an impressive 37,000 square feet. The new hypermarket is the 26th in Dubai Emirate and 109th in UAE….reports Asian Lite News

Lulu has officially opened the doors to its newest store in Motor City, Dubai following a highly successful Initial Public Offering. The move signals a better chapter in the company’s rapid expansion and growth strategy, as it continues to build on the momentum of its mega IPO launch. 

Dawood Abdulrahman Al Hajri, Director General of Dubai Municipality along with Majid Ibrahim Al Zarooni, Director of the Licensing Department of Security Industry Regulatory Agency (SIRA) inaugurated the new hypermarket in the presence of Yusuff Ali M.A., Chairman of LuLu and other dignitaries. 

“We are glad to launch our latest Hypermarket in Dubai Motor City that will provide a world-class shopping experience to the local community and its adjoining areas. We’re extremely proud to see such strong demand for the LuLu IPO, a sign that investors share our passion and excitement for the company. We look forward to rewarding the trust shown by investors in LuLu, and the new hypermarket in Motor City, Dubai, is the 16th store since the IPO declaration. We aim to open 100 stores in the next three to five years, and the latest developments underscore LuLu’s commitment and show that we are on track to achieve our targets for 2024 and beyond,” said Yusuff Ali. 

“We express our sincere gratitude to the UAE leadership for their wholehearted support”, he added. 

Located in the leafy residential area of Motor City, this state-of-the-art store spans an impressive 37,000 square feet. The new hypermarket is the 26th in Dubai Emirate and 109th in UAE. 

With this new hypermarket, the area will now offer a global shopping experience, featuring a massive collection of both locally sourced and international products. The new hypermarket is expected to become a key destination for residents and visitors in Motor City, further solidifying LuLu’s status as a leading retailer in the region. 

The state-of-the-art hypermarket will include a wide variety of categories, including groceries, fresh food, meats and fish, bakery items, dairy, pizza and snacks, hot food stations, roastry, health and beauty products, electronics, IT goods, home appliances, and more. Customers will also be able to enjoy an array of global cuisines at the store’s bakery and hot food stations. 

Expansion Across GCC: 

The opening of the Motor City hypermarket is part of LuLu’s broader expansion plans in Dubai. Six additional stores are set to open soon in key areas including Al Jaddaf, JLT, Nad Al Hammar, Dubai Expo City, Khorfakhan, and Oud Al Mutina. Furthermore, 15 more projects are currently in the pipeline across the region. 

Saifee Rupawala, CEO of LuLu, Ashraf Ali M.A., Executive Director, Salim VI, Chief Operating and Strategy Officer, Salim M.A., Director for Global Operations, along with other officials were also present on the occasion. 

Recently, LuLu began the process of listing on the Abu Dhabi Securities Exchange (ADX), marking a significant milestone in its growth. The IPO subscription was oversubscribed by 25 times, raising a record $37 billion and setting a new benchmark for private sector IPOs in the UAE. The listing is scheduled for November 14th. 

LuLu operates more than 240 hypermarket, express, and mini-market stores across the six GCC countries, spanning over 1.3 million sq. m of total retail space. It also maintains a growing e-commerce presence through its app, webstore, and partner channels. To serve more than 600,000 shoppers from 130 nationalities every day, it sources products from 85 countries, supported by an on-the-ground sourcing presence in 25 countries. The organization’s strong brand recognition and trust among consumers in the GCC continues to drive the growth of its existing stores, expand its store network, and elevate loyalty across its customer base. www.luluretail.com 

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