Author: dailyguardian.ae

From having eureka moments to struggling to find funding for years, several top entrepreneurs shared the ups and downs of their journey at the Investopia. They were speaking on the sidelines of the launch of the first ever Future 100 list. A list of 100 companies that will shape the future of UAE, it recognises the incredible work of exemplary entrepreneurs in the country. One of the companies placed on the list is AR Engineering that turns complex textbooks about aerospace into graphics using 3D technology and AR. According to one of the co-founders Akram Amir, it was his own…

Apartment prices in Dubai witnessed the highest annual capital growth in a decade, a key index showed on Wednesday. As residential property valuations in Dubai continued to witness growth in January, the ValuStrat Price Index (VPI) revealed apartment capital gains catching up with the villa market, mainly due to affordability constraints. The VPI is a valuation-based price index constructed to represent periodic change in capital values and rental values experienced by typical residential and commercial properties. High offplan sales within established communities taking up the majority of home sales during January 2024. The VPI grew 21.5 per cent annually, with…

Andy Murray is unlikely to step on the Dubai centre court as a professional tennis player ever again. A former champion at the Dubai Duty Free Tennis Championships, Murray cut a frustrating figure on Wednesday evening during his 6-2, 6-4 loss to Frenchman Ugo Humbert. Unable to match his opponent’s energy, the 36-year British was left chasing lost balls in a hopelessly one-sided battle. This was Murray’s sixth defeat in eight matches this season. The British icon seemed to have given up hopes on regaining his mojo in a career filled with Grand Slam triumphs, Olympic gold medals and epic…

Saudi Arabia’s fortifies digital landscape by convening industry masterminds at LEAP 2024 By Feras AL Al Shaikh, Regional Director KSA region at Red Hat The Kingdom of Saudi Arabia is not only witnessing significant changes but also setting stage for a transformation journey. Currently, the nation strides firmly, guided by the ambitious Vision 2030. This development is a testament to the resounding success of the initiatives Saudi Arabia implemented during 2023 as well as the nation’s resolute commitment to ensure continuous economic growth. Amid this transformative journey stands the digital economy, a towering pillar demonstrating Saudi Arabia’s pursuit of innovation and…

Fiat is taking a slightly more fun approach to developing EVs. The company is showing off a hefty five new EV concepts that show off what it thinks the future of electric cars will look like — and that will ultimately serve as inspiration for future EVs that will launch starting later this year. The cars are inspired by the city cars built by Italian automaker Panda and will launch starting in July 2024 with a new city car. Fiat will then launch a new model each year for three more years. It’s unclear if the cars will launch in…

Ahmed Al Shehhi has become the UAE’s very own Ironman, soaring through the skies in his jet suit. After undergoing intense training in Britain, Al Shehhi qualified for the ‘Dubai Jet Suit Race’ — the first sporting contest in the world featuring opponents who go aerial without the aid of an aircraft. The contest on Wednesday saw competitors rely on suits equipped with jet engines to navigate a predetermined course. Eisa Al Khalfan from United Kingdom won the race that saw jet-suited champions took off with an incredible burst of power, defying gravity and soaring into the sky. Stay up…

LONDON (AP) — Prince Harry was not improperly stripped of his publicly funded security detail during visits to Britain after he gave up his status as a working member of the royal family and moved to the US, a London judge ruled on Wednesday. Justice Peter Lane said in the High Court that the decision to provide security to Harry on a case-by-case basis was not unlawful, irrational or unjustified. The Duke of Sussex claimed he and his family were endangered when visiting the UK because of hostility towards him and his wife on social media and relentless hounding by…

Prime residential values in Dubai are expected to keep the upward momentum in 2024 after recording the world’s second-highest growth rate in 2023. Knight Frank’s 2024 global prime residential markets forecast positions Dubai in third place at 5.0 per cent. This comes hot on the heels of an estimated 16 per cent rise in prime residential prices in 2023 and building on the 44.4 per cent rise registered in 2022. Of the 100 markets tracked in Knight Frank’s Prime International Residential Index, 80 recorded flat or positive annual price growth. Across the world, prices of luxury property increased by an…

Deloitte reports record real estate transaction levels in Dubai: Sales prices up 18% and rents up 26% in 2023 The Emirate preserves its status as a safe haven for investors, amidst geopolitical and economic headwinds in other global investment markets The average occupancy rate for Dubai hotels stood at 77% in 2023 and the number of international visitors surpassed pre-pandemic levels Dubai, United Arab Emirates, February 28, 2024 – Theleading global professional services firm, Deloitte, released its annual Real Estate Report for the year 2023, reflecting on the robust performance of Dubai across all market sectors. The residential market in…

Magnetar UDP900 MSRP $2,999.00 “The Magnetar UDP900 is fantastic, to the point that it’s my favorite disc player ever now.” Pros Pristine video fidelity Pristine audio fidelity Plays everything Outboard DAC features Built like a tank Cons Occasional mechanical noises Software feels dated Expensive Let’s say you are looking for a disc player that can act as an outboard digital-to-analog converter. You’re looking for something that can handle just about any digital audio device — like a PC or a MiniDisc player or an older disc player with a lame DC in it. Or maybe one of today’s modern streamers…