CRYPTO-

Ripple to power tokenized property deeds in Dubai with Ctrl Alt: Crypto solutions firm Ripple has partnered with Ctrl Alt to provide custody infrastructure for the Dubai Land Department’s (DLD) real estate tokenization project, according to a press release. Under the agreement, Ripple’s institutional-grade technology will securely store tokenized title deeds on the XRP Ledger.

REMEMBER- DLD launched the pilot phase of its real estate tokenization project in March, becoming the first real estate registry in the Middle East to tokenize property title deeds. The project is expected to drive AED 60 bn in tokenized property transactions by 2033. It tapped tokenization infrastructure firm Ctrl Alt in May to manage the minting of property title deed tokens.

REGULATION-

SEC issues new regulations for Sharjah’s health sector: Sharjah Executive Council (SEC) will create a new comprehensive system to regulate the licensing of healthcare facilities and professionals through the Sharjah Health Authority, according to a statement. Key provisions include establishing the conditions and procedures for issuing licenses. The decision also details administrative penalties, committees for complaints and grievances, and fee structures.

Who it applies to: These regulations will apply to all medical professionals and all private and government-run health facilities — including those located within freezones — with the exception of federal establishments.

M&A-

Yemen’s HSA Group expands UAE footprint with GFC acquisition: Frimex Investment, part of Yemen’s HSA Group conglomerate, has finalized an agreement to acquire UAE’s fast-moving consumer goods firm GFC General Trading, according to a LinkedIn post.

GFC + Frimex: Founded in 2003, GFC is a player in the UAE’s chilled and fresh food distribution market, supplying more than 600 retail outlets daily — including Adnoc, Emarat, Enoc. Fremix operates across the FMCG, packaging, distribution, real estate, and private equity sectors.

LOGISTICS-

#1- Emirates courier starts delivery in Australia: Emirates’ new delivery solutions firm Emirates Courier Express is expanding into Australia, with plans to directly deliver parcels in Brisbane, Melbourne, Perth, and Sydney in Australia through 70 flights, according to a press release. Parcels will be picked up and delivered within a few days as Emirates looks to tap into underserved Australian markets, currently affected by logistical challenges, unstable delivery costs, and slow shipping times.

What’s new? Emirates Courier Express will bypass traditional hub-and-spoke models by using its direct Dubai connections to reduce time lost in transit and parcel handling.

REMEMBER- The parcel delivery service had planned to expand into Australian, Asian and US markets this year, with plans to tap into India within the “next few months.”

#2- DP World, India ink MoU on autonomous freight rail: State ports operator DP World, India’s Deendayal Port Authority, and Polish transport solutions provider Nevomo have inked an MoU to mull the deployment of autonomous magnetic rail freight movement solutions in India, according to a statement. They will assess the feasibility of its implementation at DP World’s Kandla terminal at Deendayal Port. No investment ticket or timeline for the project have been disclosed.

The details: Under the agreement, the three firms will test Nevomo’s MagRail technology for the self-driven movement of rail-based cargo and freight. The pilot project will be implemented on some 750 meters at the port to install autonomous and electric-powered wagons.

Not the first UAE-Nevomo tie-up: National railway network operator Etihad Rail inked an agreement last October with Nevomo to explore the potential for integrating autonomous solutions into the railway sector.

AVIATION-

Ethiopian Airlines touches down in Abu Dhabi: Ethiopian Airlines has launched a new daily passenger flight between Addis Ababa and Abu Dhabi, according to a press release. The carrier now flies to four UAE airports — Dubai International Airport, Al Maktoum International Airport, Sharjah International Airport, and Abu Dhabi’s Zayed International.

REMEMBER-Etihad Airways and Ethiopian Airlines activated a codeshare agreement in June, expanding connectivity between Africa and the Middle East, Australia, and Asia. Ethiopian Airlines already launched an Addis Ababa-Abu Dhabi service on 15 July, while Etihad will run daily flights to the Ethiopian capital starting 8 October.

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