All posts by uaenews247

Travel & Tourism

WTTC launches its global ‘Together in Travel’ SME initiative with VFS Global joining as a Founding Partner

In a landmark move to boost small and medium-sized enterprises (SMEs) in the global travel industry, the World Travel & Tourism Council (WTTC) has launched its Together in Travel SME initiative, with VFS Global proudly joining as a Founding Partner. WTTC is the only global body representing the travel and tourism private sector and its numerous industries. Over 200 companies are now represented on the Council, accounting for two-thirds of a trillion US dollars in turnover, equivalent to 30% of the entire sector

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Real Estate

Property Finder -Q1 2025 Market Watch

Q1 2025 sees Dubai’s ready property sales soar to record levels, while Abu Dhabi’s pivot to high-value existing homes reflects maturing, strategic market movement

  • Dubai’s real estate market showed robust growth in Q1 2025, with 45,474 transactions worth AED 142.7 billion, reflecting a 22% increase in volume and a 30% increase in value.
  • The ready property segment in Dubai achieved record-breaking volumes and value in Q1 2025, with 20,034 transactions totaling AED 87.5 billion – a 21% increase in volume and a 34% rise in value compared to Q1 2024.
  • Total sales transactions for existing properties in Abu Dhabi continued to surge in Q1 2025, with value increasing by 75% year-on-year and a 9% rise in volume; possibly brought on by large commercial deals.

Cherif Sleiman, Chief Revenue Officer at Property Finder

United Arab Emirates, 17 April 2025: Q1 Insights from Property Finder, the MENA region’s leading property portal, reveal a bullish UAE real estate market with both Dubai and Abu Dhabi experiencing a robust start to the year – for different reasons.  

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Education

American University in Dubai launches bachelor’s degrees in artificial intelligence and gaming

Programs unveiled at Education for Employment Conference aim to build capacity in key sectors

April 16th, 2025, Dubai, UAE: The American University in Dubai (AUD) has announced the launch of two new programs aimed at building capacity in the UAE’s artificial intelligence (AI) and gaming sectors, to support the UAE’s ambitious plans for global leadership in the fields. The Bachelor of Science in Game Design and Development and a new concentration in AI in Business were unveiled during the 2025 Education for Employment Conference, staged under the theme ‘Innovate & Play: Navigating the Future of AI & Gaming’.

(L to R) Modhar Khan, Dr Kyle Long, Faisal Kazim, Sophie Boutros, Dr. Assaad Farah, Cynthia Samaha

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Business & Investments

Mubadala Announces $600 Million Investment in Nord Anglia Education Joining a Consortium led by EQT

Abu Dhabi, UAE – 17 April 2025 – Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to acquire a minority stake in Nord Anglia Education, a leading international schools organization for $600 million. Mubadala will join the consortium led by global investment organization EQT which includes Neuberger Berman, Canada Pension Plan Investment Board, Corporación Financiera Alba, S.A., and Dubai Holding.

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Health Care

M42’s NRL and Neurocode International launch region-first Center for Advanced Neuro Biochemical Diagnostics

  • Equipped with world-class laboratory equipment and staffed by renowned neurologists and pathologists, the Center for Advanced Neuro Biochemical Diagnostics will offer non-invasive testing for patients as young as 40, enabling early detection and helping reduce Alzheimer’s cases in the UAE and the wider region

Abu Dhabi, United Arab Emirates. April 16, 2025: Setting a new regional benchmark in the fight against Alzheimer’s disease, the National Reference Laboratory (NRL), part of the M42 Group, is establishing the MENA region’s first Center for Advanced Neuro Biochemical Diagnostics dedicated to early detection, in partnership with Neurocode International, global leader of neurology diagnostic solutions. Announced on the sidelines of Abu Dhabi Global Health Week, this Center for Advanced Neuro Biochemical Diagnostics, based in Abu Dhabi, is a pioneering step toward reducing Alzheimer’s cases in the UAE and wider region and transforming neurological diagnostics worldwide.

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