This decision includes no requirements such as a specific capital or any additional fees for foreign investors, while allowing branches of foreign companies to conduct their business in the Emirate …
ICAI Abu Dhabi donates Rs1 million for Covid-19 relief
Abu Dhabi Chapter has donated Rs1 million (around Dh50,000) to its parent body ICAI in India towards efforts to provide relief to members affected by Covid-19 in India. The pandemic is unprecedented, …
UAE: 98,545 Covid vaccine doses administered in 24 hours
The UAE has administered 98,545 doses of the Covid-19 vaccine in the past 24 hours.The country’s Ministry of Health and Prevention (MoHAP) said the total doses administered now stand at 13 million.
UAE: Should you buy into the Dogecoin hype? Let’s find out if it’s a worth investment
How Dogecoin came about with an analysis of the popular crypto’s investment credibility UAE: Bitcoin prices are dropping again. Should I hold off on selling? UAE: Does Ethereum have the potential to …
India-UAE ties strengthened during Covid-19 pandemic: Ambassador Pavan Kapoor
Ties between the UAE and India have strengthened during the pandemic and it is reflected in the continued support both countries are providing each other, said Pavan Kapoor, Indian Ambassador to the …
Covid-19: UAE airlines extend flight reduction to Pakistan till June 15
UAE airlines have extended temporary reduction of flights to Pakistan till June 15 in line with the Pakistan government’s instructions to curb the spread of Covid-19. Pakistan had asked international …
UAE ambassador to China looks forward to greater collaboration between the two nations
Ali Obaid Al Dhaheri, ambassador of ] The breadth and depth bilateral of collaborations between the United Arab Emirates and China in science and technology have been rising over the years and there …
The trends that could shape the future of the UAE insurance industry
Zurich International Life in the Middle East (Zurich) has revealed some key insights for the future of the industry in the UAE, thanks to the ‘Shaping a Brighter Future of Work’ report just published …
UAE’s Masdar wins Uzbek Sherabad solar power plant tender ahead of four other bids
Abu Dhabi Future Energy Company, also known as Masdar, has won the tender to build a 457 megawatt photovoltaic solar power plant in the Sherabad district …
( read original story …)
ALEC Energy appointed to deliver solar solution at DEWA’s new headquarters
ALEC Energy has won the contract to provide a solar photovoltaic solution for Dubai Electricity and Water Authorities’ new headquarters based in the Al Jaddaf area of Dubai. Speaking on behalf of ALEC …
( read original story …)
flydubai Resumes Its Operations to Italy
Dubai-based airline, has announced today the resumption of its operations to Naples in Italy. The three weekly flights to Naples Internati …
( read original story …)
Innovation will drive the UAE’s evolution: Top official
Human capital important to help drive innovation forward, Dr. Tariq Bin Hendi says at Global Investment Forum 2021 …
( read original story …)
Sharjah, Ajman approve foreign ownership of commercial and industrial licenses
Industrial and commercial license holders can seek change in status to full ownership Dubai: The Sharjah Economic Development Department (SEDD) has started implementing 100 per cent foreign ownership …
( read original story …)
Abu Dhabi’s Mubadala hires banks for Yahsat’s IPO-sources
Abu Dhabi state investor Mubadala has hired banks for the planned initial public offering of Al Yah Satellite Communications Company (Yahsat) which could raise over $500 million, three sources said.
( read original story …)
Emirates Development Bank, Commercial Bank of Dubai to offer credit guarantee, co-lending to SMEs
The partnership will focus on providing strategic financing solutions to SMEs Abu Dhabi: The Emirates Development Bank (EDB), fully owned by the UAE Federal Government has signed a Memoradum of …
( read original story …)
Relative calm in crypto markets disturbed as Coinbase lets the Doge out
Bitcoin continues to trade within a very narrow channel between $33k and $38k, currently changing hands at just above $37,000.
Sharjah to dispatch trade mission to Russia
(MENAFN – Emirates News Agency (WAM)) SHARJAH, 1st June, 2021 (WAM) — The Sharjah Exports Development Centre (SEDC), an initiative of the Sharjah Chamber of commerce and Industry (SCCI), has …