Business
Abu Dhabi’s Space42 Secures Dh18.7 Billion Deal With UAE Government for Critical Space Services
Abu Dhabi-based AI-powered space technology company, Space42, has signed a landmark Dh18.7 billion ($5.1 billion) agreement with the UAE Government to provide secure satellite communication services until 2043. The 17-year contract, set to commence in 2026, highlights the UAE’s growing leadership in space technology and reinforces Space42’s financial strength.
Long-Term Revenue and Advanced Services
The contract significantly strengthens Space42’s financial position, forming a large part of its Dh26 billion backlog of contracted revenues, which represents approximately 10 times its last-12-month revenues as of September 30, 2024. This ensures a clear, long-term cash flow outlook through 2043.
Under the new agreement, Space42 will continue providing secure satellite capacity and managed services via its Al Yah 1 and Al Yah 2 satellites already in orbit. These will be supplemented by two new cutting-edge satellites, Al Yah 4 and Al Yah 5, expected to launch in 2027 and 2028, respectively.
The deal consolidates Space42’s operations by replacing two existing agreements—the Capacity Services Agreement and Managed Services Mandate—both set to expire in late 2026. Additionally, the new contract integrates operations, maintenance, and advanced technology management for ground segment systems and terminals, currently covered under separate agreements.
Dh3.7 Billion Advanced Payments for New Satellites
Space42 will receive Dh3.7 billion in advance payments to fund the construction of Al Yah 4 and Al Yah 5 satellites. These advanced satellites will deliver secure and reliable communication capabilities across the Middle East, Africa, Europe, and Asia, addressing evolving governmental requirements with greater efficiency and security.
Ali Al Hashemi, CEO of Yahsat Space Services, Space42, emphasised the contract’s significance, stating:
“The Al Yah 4 and Al Yah 5 satellites will offer new capabilities to advance our technology and service offerings, enabling us to continue providing our innovative SpaceTech solutions that meet the UAE Government’s evolving requirements more efficiently, securely, and reliably.”
Cutting-Edge Technology and Launch Partners
Space42 has partnered with Airbus to construct the satellites, leveraging the Airbus Eurostar Neo platform, known for deploying flexible multiband payloads in orbit. To ensure a reliable launch, SpaceX has been selected to deliver the satellites into orbit using its trusted Falcon 9 rocket.
The total cost for the development of Al Yah 4 and Al Yah 5, including the spacecraft, ground infrastructure, launch, and insurance, is estimated at Dh3.9 billion.
Strategic Communication Capabilities
Once operational, the new satellites will play a pivotal role in enhancing secure governmental communications and boosting the UAE’s regional and global connectivity. This project aligns with the country’s continued investment in space innovation, cementing its position as a leader in the evolving SpaceTech sector.
With this monumental contract, Space42 is poised to set new standards for secure communication technology, further advancing the UAE’s ambitious space programme.
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Entrepreneur
How to Get Into the Private Crypto & NFT Investment Circles in the UAE
The United Arab Emirates (UAE), particularly Dubai, has emerged as a global hub for cryptocurrency and NFT investments. With its progressive regulatory environment and burgeoning tech ecosystem, the region offers numerous opportunities for those looking to delve into exclusive investment circles. If you are interested in Private Crypto & NFT investments, here’s how you can navigate this dynamic landscape:
1. Exclusive Investment Groups & DAOs Making Waves in Dubai
RAK Digital Assets Oasis (RAK DAO): Located in Ras Al Khaimah, RAK DAO is a government-supported free zone designed to foster digital asset companies. It offers efficient onboarding processes and pivotal licensing, fueling business growth in the crypto sector, especially in areas like private crypto and NFT domains.
XDC Blockchain Accelerator: In collaboration with RAK DAO, XDC has launched the “Builder’s Oasis” accelerator program, dedicating $2 million to support Web3 startups in gaming, AI, and blockchain infrastructure. Select participants are eligible for up to $100,000 in funding, alongside guidance from RAK DAO’s network of ecosystem partners.
HomeCubes DAO Initiatives: HomeCubes leverages DAOs to facilitate co-living property investments in the UAE, creating new ways for individuals to pool resources and invest collectively in real estate, often intersecting with private crypto and NFT spaces.
2. Attending Invite-Only Crypto & Blockchain Networking Events
Global Blockchain Congress: Scheduled for February 5-6, 2025, in Dubai, this exclusive event connects blockchain innovators with leading investors through pre-arranged, one-on-one meetings. Participation is strictly by invitation, ensuring a curated networking environment with key private crypto and NFT investors.
TOKEN2049 Week: Taking place from April 28 to May 4, 2025, in Dubai, TOKEN2049 Week encompasses a wide range of meetups, workshops, networking drinks, and parties, with TOKEN2049 being the flagship event. Some events are invite-only, offering exclusive networking opportunities for crypto and NFT enthusiasts.
AIBC World Summit: Recognized globally for blockchain, AI, crypto, and emerging technologies, the AIBC Summit hosts exclusive, invitation-only events, providing a platform to connect with industry leaders and private investors in the crypto and NFT spaces.
Meetup Groups: Platforms like Meetup.com list various cryptocurrency groups in Dubai, offering opportunities to connect with local enthusiasts and professionals, many focused on private crypto and NFT investments.
Eventbrite Listings: Eventbrite features blockchain networking events in Dubai, ranging from workshops to symposiums, catering to different interests within the crypto community, including private crypto and NFT sectors.
3. UAE-Based Web3 Startups to Keep an Eye On
CoinMENA: Licensed by Dubai’s Virtual Asset Regulatory Authority (VARA), CoinMENA is a platform that allows users to buy, sell, send, receive, and store digital assets securely and efficiently, with a focus on private crypto and NFT transactions.
HomeCubes: This platform utilizes DAOs to fund mixed-use developments in Dubai, providing a transparent, efficient, and inclusive alternative to traditional financing methods in real estate, including aspects of private crypto and NFT investments.
DMCC Crypto Centre Members: The Dubai Multi Commodities Centre (DMCC) hosts a vibrant crypto and blockchain ecosystem, offering flexible licensing solutions, commercial space, and access to a highly skilled talent pool. Members benefit from industry networking events and funding opportunities, especially those related to private crypto and NFT sectors.
Final Thoughts
Integrating into the private crypto and NFT investment circles in the UAE requires strategic networking, active participation in exclusive events, and staying informed about emerging Web3 startups. By engaging with leading DAOs, attending high-profile conferences, and monitoring innovative projects, you can position yourself at the forefront of the UAE’s dynamic digital asset landscape.
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Entrepreneur
How to Sneaker-Shop Like a Pro: Finding Rare Kicks in the UAE
Dubai has rapidly become a global sneaker hub, with limited-edition drops, high-end sneaker boutiques, and exclusive resell markets thriving across the city. If you’re wondering how to sneaker-shop effectively, whether you’re after Nike Dunks, Yeezys, or rare Jordan collaborations, the UAE offers plenty of ways to cop exclusive sneakers—if you know where to look. Knowing how to sneaker-shop in such a diverse marketplace can be overwhelming, but understanding the scene is key.
Here’s your ultimate guide to finding the rarest sneakers in Dubai & Abu Dhabi like a pro. Learning how to sneaker-shop here means knowing the right places and times.
1. The Best Sneaker Stores for Exclusive Releases in the UAE
If you’re looking for exclusive releases, high-heat sneakers, and rare collaborations, these are the top sneaker boutiques in the UAE:
👟 Top Sneaker Boutiques in Dubai & Abu Dhabi
🏆 Presentedby (Dubai Mall) – The UAE’s hottest sneaker consignment store, with a gallery-style layout and premium sneakers sourced globally.
🔥 Concepts Dubai (City Walk 2) – One of the best stores for limited-edition sneaker collabs, including Nike, New Balance, and Yeezy.
💎 Amongst Few (Jumeirah 1) – A UAE-based streetwear brand and sneaker boutique stocking exclusive releases and local collabs.
👀 The Good Life (Alserkal Avenue) – A sneaker boutique known for carrying rare Air Jordans, Yeezys, and New Balance drops.
🚀 MAD Kicks (Bluewaters Island) – One of the top resell sneaker stores in Dubai, specializing in rare and high-value kicks.
🌍 Snkr Bubble (Dubai Design District) – A go-to spot for luxury sneakers, Nike SB Dunks, and premium streetwear.
✅ Pro Tip: Follow these stores on Instagram for real-time updates on exclusive sneaker releases and restocks. Additionally, knowing how to sneaker-shop in Dubai is simplified by staying connected through social media.
2. How to Get Early Access to Nike SNKRS & Yeezy Drops in Dubai
Copping sneakers at retail prices is tough, but early access and raffles can help you secure limited-edition kicks before they hit the resell market.
🔥 Best Ways to Get Exclusive Sneaker Drops in Dubai
✅ Nike SNKRS App – Nike’s official app for exclusive releases and limited sneaker drops. Download it and enable notifications to increase your chances when you learn how to sneaker-shop effectively.
✅ Adidas CONFIRMED App – The best way to enter raffles for Yeezy and Adidas collaborations before they sell out.
✅ Limited-Edition Sneaker Raffles – Boutiques like Concepts Dubai, Presentedby, and Amongst Few regularly host raffles for high-heat sneakers. Follow them on social media for updates.
✅ Retailer Priority Lists – Stores like The Good Life and MAD Kicks offer VIP customer lists, giving priority access to exclusive sneaker drops.
3. The Best Sneaker Resell Marketplaces in the UAE
If you miss out on retail drops, resell platforms and consignment stores are your best bet for scoring rare kicks in Dubai & Abu Dhabi. Learning how to sneaker-shop in the resell market is a must for rare finds.
💰 Trusted Resell Marketplaces for Legit Sneakers
📦 MAD Kicks (Dubai) – A top resell sneaker store specializing in rare Jordans, Yeezys, and Off-White collaborations.
💎 Presentedby (Dubai Mall) – A premium sneaker consignment store offering authenticated high-value sneakers.
🌐 GOAT & StockX (Online) – Global sneaker marketplaces that ship to the UAE with authentication services for added security.
🛍 The Luxury Closet (Dubai & Online) – A resale platform offering designer sneakers and rare hype collaborations.
✅ Pro Tip: Always authenticate sneakers when buying from resellers. Use platforms like CheckCheck or LegitGrails to verify authenticity.
Final Thoughts: Sneaker Shopping in Dubai Like a Pro
If you’re serious about copping rare sneakers in Dubai, it’s all about strategy, connections, and early access. Follow boutique sneaker stores, enter raffles, and know where to resell safely—and you’ll be rocking the rarest kicks in the UAE in no time. Knowing how to sneaker-shop can make this process much easier.
📍 Which sneaker drop are you waiting for? Let us know!
Read more in our online magazine: 😎
https://whatshotinuae.com
Entrepreneur
How to Become a Nightlife Insider & Party Like a VIP in Dubai & Abu Dhabi
Dubai and Abu Dhabi boast some of the most exclusive nightlife experiences in the world, where A-list celebrities, high-rolling entrepreneurs, and socialites party in luxury. But getting past the velvet ropes and into the VIP section isn’t just about spending money—it’s about knowing the right people, choosing the best venues, and playing the game like a pro to become a nightlife insider.
Here’s how to navigate the UAE’s elite nightlife scene, make key connections, and party like a true insider.
1. How to Make Connections with Top Promoters & Club Owners
The biggest names in the nightlife scene—from international DJs to club owners—are always looking to fill their VIP sections with the right crowd. Here’s how to get noticed and secure invites to exclusive events.
🎟 Leverage Social Media & Club Promoters
✅ Follow Dubai’s biggest nightlife promoters on Instagram & TikTok. They regularly post about upcoming events and guest lists for high-end clubs.
✅ Engage with club managers & PR teams. If you want to get noticed, comment on their posts, share their events, and DM them politely asking about VIP access.
✅ Join WhatsApp & Facebook groups dedicated to nightlife and exclusive parties in Dubai & Abu Dhabi.
💼 Network at Industry Events & Launch Parties
✅ Attend luxury brand events, yacht parties, and hotel grand openings, where club owners and promoters frequently scout guests for their VIP lists.
✅ Stay connected with club hosts—many of them have private lists of exclusive gatherings.
🔑 Make Friends with the Right People
✅ Concierge services and elite networking groups often have direct access to club owners and can secure VIP bookings.
✅ Frequent top-tier lounges and pre-club spots like CÉ LA VI, Mimi Kakushi, and Zuma, where Dubai’s elite socialise before heading to the clubs.
2. Which Venues Offer the Best VIP Table Service & Hidden Perks?
Not all VIP sections are created equal. Some venues offer complimentary perks, the best bottle service, and exclusive areas where you’ll party with celebrities.
🔥 Top VIP Nightclubs & Party Destinations in Dubai & Abu Dhabi
💎 Ushuaïa Dubai Harbour Experience – The Ibiza-famous Ushuaïa is taking over Dubai with world-class DJs, beachside parties, and high-energy VIP experiences.
🏆 Soho Garden DXB – A hybrid superclub concept with multiple venues offering bespoke VIP experiences and exclusive tables with premium bottle service.
🎧 Billionaire Dubai – The go-to spot for luxury nightlife, offering a blend of high-end dining, live entertainment, and an elite nightclub experience.
🚀 1-OAK Dubai – One of the most exclusive clubs in the UAE, known for its lavish VIP service, top DJs, and celebrity-studded guest list.
✨ Sky2.0 – A futuristic nightlife venue in Dubai Design District, offering unparalleled production, extravagant shows, and a top-tier VIP lounge.
✅ Pro Tip: Want to secure the best VIP table? Book in advance through trusted concierge services or directly message club hosts for last-minute premium seating.
3. How to Navigate the Nightlife Scene Like a True UAE Party Pro
It’s not just about where you go—it’s how you play the game. Here’s how to move like a VIP and get the best experiences without overspending.
🏆 Master the Art of Entry & Guest Lists
✅ Arrive early—many clubs let VIPs in before peak hours to create the right atmosphere.
✅ Dress the part—Dubai’s top clubs enforce strict dress codes, so always opt for luxury fashion and polished looks.
✅ Travel with a balanced group—clubs prefer small groups with a mix of men and women for VIP entry.
🍾 Unlock Hidden Perks at Dubai’s Best Clubs
✅ Many clubs offer free VIP entry if you book tables or arrive with influencers and promoters.
✅ Ladies’ nights often include complimentary drinks, table service, and even limousine pickups for high-end guests.
✅ Some clubs offer loyalty perks—if you regularly book tables, expect free bottle upgrades, VIP seating, or priority reservations.
🚀 The Secret to Dubai’s Best After-Parties
✅ Many VIP events happen in private lounges, penthouses, or yacht parties. The key to getting invited? Social proof. If you’re seen at the right places, you’ll get access to even more exclusive events.
✅ Private clubs & secret bars like Salvaje, Galaxy Bar, and The Other Side cater to Dubai’s elite crowd—knowing a host or VIP member gets you instant access.
Final Thoughts: How to Become a True Nightlife Insider in the UAE
Dubai and Abu Dhabi’s nightlife scene is built on exclusivity, connections, and top-tier experiences. If you want to party like a VIP, you need to network smart, choose the right venues, and always look the part.
With the right club connections, promoter invites, and VIP bookings, you’ll never wait in line again.
🚀 What’s the next club on your list? Let us know!
Read more in our online magazine: 😎
https://whatshotinuae.com
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