DUBAI / GULF TIME Dubai Taxi Company PJSC (DTC), reinforcing its position as Dubai’s largest taxi operator, has acquired another 250 new license plates for its taxi fleet in the recent auction by the Dubai Roads and Transport Authority (RTA), bringing its total taxi fleet to 6,210 vehicles. This expansion is set to generate additional annual revenues of approximately AED …

ABU DHABI / WAM Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer, successfully commenced trading on the Abu Dhabi Securities Exchange (ADX) on Thrusday following its Initial Public Offering (IPO) and trading under the ticker “LULU”. Lulu’s IPO raised gross proceeds of AED 6.32 billion (around $1.72 billion) making it the largest offering in the UAE in …

ABU DHABI / AD MEDIA OFFICE Department of Municipalities and Transport launches Innovative Future Hub to advance urban development. The Department of Municipalities and Transport (DMT) has launched its Future Hub, reinforcing Abu Dhabi’s global leadership in urban governance and affirming its role in driving its future-forward development. DMT’s Future Hub’s first collaboration is with MIT’s Senseable City Lab, a …