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Dubai

Dubai is a city in the United Arab Emirates and the capital of the emirate of Dubai, one of seven emirates that make up the federation. It is the most populous city in the UAE and serves as the country's principal commercial and financial hub. Dubai is located on the south-east coast of the Persian Gulf and has grown from a modest trading port into a global business centre and tourist destination. The city's economy is driven by trade, tourism, aviation, real estate and financial services, with oil revenues now accounting for less than five per cent of its GDP. Dubai is home to the world's tallest building, the Burj Khalifa, and one of the busiest international airports, Dubai International Airport. The city has positioned itself as a luxury tourism and shopping destination, attracting millions of visitors annually with its hotels, malls, beaches and entertainment offerings. Dubai's strategic location makes it a key transit hub connecting Europe, Asia and Africa. The city has invested heavily in infrastructure, including the construction of artificial islands, extensive metro systems and world-class port facilities. Dubai was established as a small fishing village in the eighteenth century and began its modern transformation following the discovery of oil in the 1960s, with rapid development accelerating under the leadership of the ruling Al Maktoum family.

Latest Articles in 60 Seconds

DMCC signs Botswana commodity trade corridor

Dubai's DMCC and the Botswana Stock Exchange Group signed a memorandum of understanding creating Africa's first sister-hub trading corridor between Dubai and Gaborone, covering diamonds, copper, coal, critical minerals and beef. Signed by DMCC chairperson Ahmed Bin Sulayem and BSE chairperson Neo Mooki, the pact links Botswana's Okavango Diamond Company with the Dubai Diamond Exchange for coordinated tenders expected late in 2026, and explores Islamic finance and commodity tokenisation through DMCC FinX.

Dubai satellite deal draws scrutiny in South Africa

AfriForum has filed a Promotion of Access to Information Act request seeking details of a memorandum of understanding signed with Space42 and BrainSAT Technologies in Dubai in April 2024, which underpins the new state-backed BrainSAT Satellite Services. The organisation questions the procurement process and argues the venture, offering far slower speeds than Starlink, is favoured only because it meets government race-based requirements.

Dubai diamond bourse builds global ties

The Dubai Diamond Exchange has signed cooperation agreements with the London Diamond Bourse and, through DMCC, with Botswana's diamond sector, as Dubai positions itself as a hub linking African producers to global buyers and institutional capital.

Dubai Updates


BSE chairperson Neo Mooki and DMCC chairperson and CEO Ahmed Bin Sulayem hold a signed document marking the partnership
DMCC, Botswana Stock Exchange Group sign MoU to expand market access for Botswana's commodity exports
15th July 2026 By: Creamer Media Reporter

International business district that drives the flow of global trade through Dubai, DMCC, has signed a memorandum of understanding (MoU) with the Botswana Stock Exchange Group (BSE), operator of... 


LDB president Charlotte Rose and DDE chairperson Ahmed Bin Sulayem
DMCC’s Dubai Diamond Exchange, London Diamond Bourse sign MoU to strengthen global diamond trade
8th July 2026 By: Sabrina Jardim

Dubai Multi Commodities Centre (DMCC), the international business district that drives the flow of global trade through Dubai, has announced a new memorandum of understanding (MoU) between the... 


Emirates arrives in Cape Town with a third daily service, its newest aircraft
Emirates arrives in Cape Town with a third daily service, its newest aircraft
2nd July 2026 By: Sabrina Jardim

International airline Emirates’ third daily service on the Dubai-Cape Town route landed at Cape Town International Airport on July 1, marking the first arrival of flight EK778 and the debut of the... 


Gold bar
Dubai exchange to launch same-day gold contract, targeting safe-haven flows
24th June 2026 By: Reuters

Dubai's commodities exchange will launch a same-day settlement gold contract on Monday, its CEO told Reuters, aiming to tap safe-haven demand and faster trading infrastructure to boost liquidity in... 


Dubai Chamber of Commerce holds trade meetings with South African counterparts
5th June 2026 By: Schalk Burger

The Dubai Chamber of Commerce recently hosted a series of bilateral business meetings between companies from Dubai and South Africa, in Johannesburg, noting that businesses in both markets see... 


AMEA Power's Doornhoek solar PV plant
AMEA Power's 120 MW solar plant achieves commercial operation
22nd May 2026 By: Schalk Burger

Dubai-based renewable-energy company AMEA Power has successfully commissioned its 120 MW Doornhoek solar PV plant in South Africa – the first project under Bid Window 6 of the Renewable Energy... 


Perseus exploration drilling
Perseus Mining appoints Wade Bickley as incoming COO
8th May 2026 By: Schalk Burger

ASX- and TSX-listed gold mining company Perseus Mining has appointed Wade Bickley as COO with effect from June 1. Bickley, who will be based out of Perseus’s Dubai office, has more than 25 years of... 


Emirates Airways has restored most of its services, including to South Africa
5th May 2026 By: Rebecca Campbell

Dubai-, United Arab Emirates (UAE), based global major airline Emirates has announced that it has restored operations on 96% of its global network, following the disruptions caused by the conflict... 


A FedEx aeroplane landing
South Africa needs efficient air cargo hubs to boost economic growth
28th April 2026 By: Rebecca Campbell

Efficient performance by South Africa’s air cargo hubs was a key strategic instrument to propel the country’s economic growth and increase its competitiveness in world markets. So highlighted FedEx... 


The JSE offices in Sandton
South Africa plans exchange control revamp to attract billions in investment
28th April 2026 By: Reuters

South Africa has proposed a sweeping overhaul of its decades-old rules governing money flows, including tightening its control on crypto assets, seeking to bolster its position as a financial hub... 


BLSA CEO Busi Mavuso
To tap into tourism potential, South Africa must address airport, visa bottlenecks – Mavuso
20th April 2026 By: Schalk Burger

To seize the opportunity for boosting growth and development presented by tourism, South Africa must address airport capacity constraints, particularly at the OR Tambo International Airport, in... 


Ahmed Bin Sulayem
UAE KP chair updates UN General Assembly on 2025 achievements
16th April 2026 By: Sabrina Jardim

United Arab Emirates (UAE) custodian chairperson of the Kimberley Process (KP) Ahmed Bin Sulayem addressed the UN General Assembly (UNGA) on April 15, presenting the UAE’s achievements under its... 


Africa urged to seize opportunity to increase its refining capacity
15th April 2026 By: Rebecca Campbell

Current conflicts have been a reminder of the fragility of global energy networks, with 30% of the world's supply of oil and gas now shut down due to the disruption of shipping through the Strait... 


CPM Group MD Jeffrey Christian.
China's gold market importance probably growing, says precious metals analyst
14th April 2026 By: Martin Creamer

China is probably growing in importance to the gold market the same way it is growing in importance to the global economy. By contrast, the hegemonic dominance of the US is continuing to... 


Peter Venison
Escaping The Sun: My Life Beyond Sol Kerzner – Peter Venison
1st April 2026

Hot on the heels of Venison’s award-winning bestseller SOL: My Friend & Adversary, ESCAPING THE SUN is the blazing, untold story of a man who lived in the orbit of a giant, and finally broke free.... 


The JSE building in Sandton
South African stock index is heading for worst month since 2008
30th March 2026 By: Bloomberg

Johannesburg’s benchmark stock index is heading for its worst month in almost two decades, reeling from a double hit as the Iran war saps demand for emerging-market assets while plunging... 


Iran war ripples hit Africa
27th March 2026 By: Tara O’Connor

The chaos that Donald Trump’s administration has imposed on the global economy escalated sharply on February 28 as the US and Israel launched the Third Gulf War with a “war of choice” attack on... 


Thungela CEO Moses Madondo.
South Africa’s Thungela prioritises safety, well-being of endangered Dubai employees
23rd March 2026 By: Martin Creamer

As a result of the ongoing conflict in the Middle East, South Africa’s coal company Thungela is prioritising the safety and well-being of its 16 employees in Dubai, where the Johannesburg Stock... 


Gold from South Africa's Rand Refinery.
Gold’s Middle East disruption confined to region, World Gold Council strategists note
16th March 2026 By: Martin Creamer

Gold trade disruption caused by the war in the Middle East should not be compared with that of the global impact experienced during the Covid pandemic but should rather be viewed as a regional... 


Gold cubes
Gold, silver prices lower as concerns over Middle East conflict ease
10th March 2026 By: Marleny Arnoldi

Precious metals refiner Heraeus says the initial safe haven boost to gold has faded, with the gold price still suffering from the fallout of the rapid rally to its record high. Safe-haven... 


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pqt: 0.072s - ct: 0.137s - 290pq - 2rq
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