Dubai ranked among global top five in new Tier-1 City Index

09 May 2025 CW Team

Dubai has been ranked fifth among seven leading global cities in a newly launched Tier-1 City Index developed by Driven | Forbes Global Properties. The real estate brokerage released its first report, Dubai on the Verge of Tier-1 City Recognition, at a roundtable in Dubai on May 5. The index benchmarks Dubai against cities like New York, London, Paris, Singapore, Sydney and Hong Kong using 28 indicators, including infrastructure, governance, quality of life, and global appeal. The emirate scored particularly high in infrastructure (2nd), international appeal (3rd), and safety (4th), reflecting its rapid strides toward tier-one global status. Driven’s CEO Abdullah Alajaji said the initiative was aimed at grounding market conversation in data and long-term vision. The findings are aligned with Dubai’s D33 Economic Agenda and the Dubai 2040 Master Plan. The report also notes Dubai's attractive cap rates, maturing pricing phase, and long-term investment potential. Strategic opportunities lie in limited-supply segments like waterfront properties and affordable housing. With institutional capital inflows rising, the report concludes that Dubai is steadily evolving into a mature global real estate hub.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..