UAE accredits five drone training hubs
The General Civil Aviation Authority (GCAA) has accredited five new specialized drone training centers as it looks to give its drone economy a boost, according to a press release. The move aims to expand certified training programs and meet demand for certified drone pilots, flight operations managers, and specialized technicians.
The approval is a boon for key sectors like logistics, construction, real estate, oil and gas, and security, big users of drones which would previously have relied on costly overseas certification or insubstantial in-house programs.
P10 is planting a flag in the UAE
NYSE-listed private markets firm P10 has opened a Dubai Financial Services Authority-licensed office in Dubai International Financial Center (DIFC), formalizing its Middle East presence as it builds closer coverage for regional limited partners, the firm said. With upward of USD 40 bn in assets under management across private equity, private credit, and venture capital, the move adds another global manager to DIFC’s roster and reinforces Dubai’s role as a base for private markets activity in the region.