On Wednesday, Arabian Business covered some of the most happening stories in the region, which included heavy rains and thunderstorms to hit UAE, Dubai Taxi Corporation to use AI to track and monitor taxis, buses, delivery riders and more.
Here are five trending stories you missed yesterday.
UAE weather: Heavy rains, thunderstorms to hit Dubai, Abu Dhabi
Heavy rain is expected to impact various parts of the UAE in the coming days as stormy weather persists throughout the country.
The National Centre of Meteorology (NCM) has issued a yellow alert for much of Abu Dhabi and Dubai, with predictions of rain and reduced visibility until 8.30PM on Thursday.
An even more severe orange alert has been issued for the eastern regions, with the public being warned about the likelihood of hazardous weather events.
Dubai Taxi Corporation to use AI to track and monitor taxis, buses, delivery riders
Dubai Taxi Corporation (DTC) has announced the use of artificial intelligence technology to closely track the performance of its extensive fleet, consisting of 14,500 drivers and 7,200 vehicles.
DTC, a subsidiary of Dubai Roads and Transport Authority (RTA), employs this technology at its control centre to oversee a wide range of transport services, including taxis, limousines, school buses, public buses, and motorcycles.
Dubai luxury off-plan real estate boom could push developers to ignore affordable mid-market, experts warn
Dubai has seen a boom in luxury off-plan launches this year due to heavy advertising which has overshadowed launches in the affordable mid-market segment, experts say, suggesting real estate developer’s focus on wealthy buyers risks supply imbalances.
With 64 percent of purchases just under AED3 million historically, some say more must be done to cater to mid-market demand as more Dubai residents look to snap up properties due to the hike in rental prices this year.
While luxury branded projects have flooded listings in prime locations, data shows that the majority of buyers traditionally seek more modest budgets. If left unaddressed, some warn this disparity risks distorting the emirate’s inclusive vision.
UAE jobs: Bosses expect to increase headcount within 2 years, 89% forecast revenue growth
UAE bosses expect their companies to increase headcount and revenue in the next two years, according to a study by HR specialist Darwinbox.
The study reveals that C-level executives (CXOs) in the UAE are not only confident about their organisation’s increasing headcount over the next one to two years, but are also overwhelmingly optimistic about revenue and profit.
This positive outlook among UAE CXOs aligns with the expectations of a robust economic expansion in the region.
Dubai Police issues warning for use of e-scooters due to 5 deaths, 29 injuries in 8 months
Dubai Police has issued a warning regarding the improper use of e-scooters on roads, which has led to 5 deaths, 29 injuries and over 10,000 violations over the past 8 months.
In an X post, the authority warned against riding a bicycle in a way that endangers the cyclist or the life and safety of others.
Those caught in the act as per the video, will incur a fine worth AED300.
Follow us on
