Dubai PR Network, Online Press Release from Dubai and Middle East
 
Business, Banking and Investments(Banking & Investments)
Filter PR by
  
“New Law to Position Dubai as World's Commercial and Start-up Hub for Drone Services – FEDS CEO”
 
“New Law to Position Dubai as World's Commercial and Start-up Hub for Drone Services – FEDS CEO”
  Dubai, United Arab Emirates, July 27, 2020: 
                                                                                       
• Dubai’s new drone law will position the emirate as the world’s commercial and start-up hub for drone services and will drive growth in the region’s drones industry, making it one of the strategic sectors that will lead to the economic recovery
  
• This is according to Falcon Eye Drones (FEDS), the Middle East’s leading provider of DT^3 (Drone Technology, Data Technology, and Digital Transformation) technology, who underscored the importance of the new law in removing a major barrier in developing and utilising drones to its fullest potential
  
• Rabih Bou Rashid, CEO of FEDS, said: “The global commercial drones market is slated to grow 20% annually. That growth, however, has been limited because of a lack of crucial legislation and roadmap in the world”
  
• GCC’s drone industry is expected to reach $1.5 billion by 2022, according to PwC’s Strategy&. Much of this, the study said, will be generated from oil and gas as well as utilities, constituting 43 per cent and 32 per cent, respectively


Posted by : Dubai PR Network Editorial Team
Viewed 5209 times
PR Category : Banking & Investments
Posted on : Monday, July 27, 2020  2:43:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : ABCC and KIZAD to host webinar exploring new opportunities f...
Next Story : Instinctif Partners and Advert One Complete IPO Advisory Rol...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Herbal Essences Taps into Nature's most Powerful Ingredients with the new Potent Aloe Vera... [9553-Views]
The Most Inclusive Range of Primers to Offer 24hr Correction for Any Skin Type, Any Skin T... [9040-Views]
Unique Spatial Sound Technologies for Ambient Room-filling Sound with Sony's Latest Premiu... [8061-Views]
Hello 2021, HELLO, GOOD STUFF! with Essence [6970-Views]
Middle East Hotels Ready to Capitalise on Workation Trend, says ATM [6662-Views]
IRENA's World Energy Transition Day Kick-Starts Crucial Assembly Meeting [6105-Views]
Ogilvy Names James Kinney as Global Chief Diversity, Equity & Inclusion Officer and Chief ... [5916-Views]
Latest PGA Tour Winner Kevin Na Joins Strong American Contingent vying for 2021 Saudi Inte... [4801-Views]
How Small Travel & Tourism Business can Overcome COVID-19 Pandemic [4276-Views]
Join the A-Beauty Revolution with Sukin's Buy 2 Get 2 Limited Time Offer [3780-Views]
Danube Group Launches World's First Civil Defence Approved Alucopanel A1 Aluminium Composi... [3182-Views]
Jaguar Land Rover Mena Offers Customers Warranty Extension Lasting Up to 10 Years [3161-Views]
A New Wave of Coffee has Arrived at AlBarari [3018-Views]
Sony Middle East & Africa Launches Newest Addition to G Master™ Full-Frame Lens Series wit... [2911-Views]
Henrik Stenson Leads Past Winners' Delight for Omega Dubai Desert Classic Return [2886-Views]
Etihad Airways to Recommence Flights to Doha [2866-Views]
Dubai Sports Council Launch Dubai's First All-Schools Sports Tournament Series [2665-Views]
Abu Dhabi Delivers Knockout Opportunity for UFC Fight Island Triple Header Spectators to A... [2657-Views]
Wizz Air Abu Dhabi Commences Operations in Abu Dhabi [2640-Views]
Take Special Care of your Skin with Martiderm [2583-Views]
Dubai Shopping Festival's Highest Value Raffle Ever In Partnership With Idealz and W Motor... [2550-Views]
Ericsson: Smart Home Privacy: How to avoid ‘Data Paparazzi' [2517-Views]
Pampers Introduces the First Diaper Designed for Nighttime Wetness Protection and Un-inter... [2489-Views]
Jalabiyas – Epitome of Grandeur, Grace and Elegance [2288-Views]
Samsung Introduces a One-Stop Shop that Curates Every Step of Your Cooking Journey [2271-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories