Jumeirah Village Circle residents in Dubai will see reduced regulated parking fees from April 24, 2026. Parkonic has revised subscription rates, with monthly plans dropping to AED 672 and quarterly plans to AED 1,999, following resident feedback. New tiers include monthly, quarterly, six-month, and annual options, offering significant savings, especially on the annual plan.
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DMCC is launching two new office towers, One Uptown Place and Two Uptown Place, in Dubai. This expansion will increase the district's commercial footprint to over one million square feet. Leasing opens later this year, with completion expected in Q1 2028. The towers will offer flexible office spaces and retail, aiming for LEED Gold certification.
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Despite a revised GDP outlook, the UAE's property market demonstrated resilience in Q1 2026. Growth was observed across office, hospitality, retail, and industrial sectors, underpinned by structural undersupply and the nation's role as a hub for international capital. Geopolitical factors influenced sentiment, but market fundamentals remained strong.
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The UAE has approved orforglipron (Foundayo™), an oral GLP-1 receptor agonist for chronic weight management. Developed by Eli Lilly, it's the second country to register the drug, with patient access expected from May 2026. Clinical trials showed significant weight loss, and the oral form offers an alternative to injections.
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Unauthorised users accessed Anthropic's powerful Mythos AI model, capable of cyberattacks, via a contractor and online research. The group, part of a private forum, gained entry shortly after Anthropic announced limited testing. Anthropic is investigating, stating no evidence of access beyond a third-party vendor or impact on their systems.
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Dubai's Crown Prince, Sheikh Hamdan, visited Dubai International Airport (DXB) to review operations. The airport welcomed over 95 million passengers in 2025, maintaining its status as the world's busiest international hub. Sheikh Hamdan praised the airport's teams and highlighted its role in global aviation and Dubai's growth.
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The UAE Ministry of Economy and Tourism has warned consumers against using 220ml Flying Tiger glass drinking cups sold in 2024-2025. The external print contains lead and cadmium above acceptable levels, posing potential health risks. Consumers are urged to stop using and immediately dispose of the affected cups.
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The UAE's ambassador to the US has refuted claims that the nation needs external financial support, despite reports of currency swap discussions with Washington. He highlighted the UAE's strong financial standing, with over $2 trillion in sovereign assets, to counter these suggestions.
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