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Month: March 2024

Posted on 07/03/2024

CEPAs help UAE firms expand globally, says Al Saleh

Once ratified, these agreements create new opportunities for businesses to thrive and expand globally, Abdulla Ahmed Al Saleh, undersecretary of the Ministry of Economy, said. Spe …

Posted on 07/03/2024

Heavy rains in UAE: Parks to be closed in Sharjah due to adverse weather

Authorities in Sharjah have announced the closue of all parks in the emirate due to the adverse weather conditions forecast over the weekend. Sharjah Municipality said that parks will remain closed …

Posted on 07/03/2024

UAE-India ties grow as DP World secures $422M for Gujarat container terminal

Dubai-based port operator DP World has reportedly secured a 35 billion-rupee ($422.23 million) loan from two Indian funders to build a mega container terminal in Gujarat, a province in the west of the …

Posted on 07/03/2024

Dubai Ruler Introduces a 20% Yearly Tax on Foreign Banks

A recent legislation has been enacted about the taxation of foreign banks in operation in Dubai. The law applies to all foreign banks within the emirate, encompassing special development zones and …

Posted on 07/03/2024

Dubai: Sheikh Mohammed announces new 20% annual tax on foreign banks

A new law has been issued regarding the tax on foreign banks operating in Dubai. The provisions of the law apply to all foreign banks operating in the emirate, including special development zones and …

Posted on 07/03/2024

Abu Dhabi taps banks for Etihad Airways IPO, Bloomberg News reports

Abu Dhabi wealth fund ADQ has chosen advisers including HSBC Holdings, Citigroup and First Abu Dhabi Bank for a potential initial public offering of Etihad Airways, Bloomberg News reported on Thursday …

Posted on 07/03/2024

UAE: Sustainable City launches new IMMERSEE destination

In addition to digital art shows, the 500-square-meter space will feature programmes that extend beyond visual spectacle …

Posted on 07/03/2024

UK minister to visit UAE to deepen ties with space industry

The UK minister of science, research and innovation will visit the UAE in the near future to strengthen the ties between the two countries’ space industries.Speaking to The National at the Space Comm …

Posted on 07/03/2024

Real-life superheroes? Pilots take to the skies of Dubai in jet suits

Pilots flew through the skies in jet suits in Dubai, United Arab Emirates, last week as part of a flying competition held by jet suit company Gravity.

Posted on 07/03/2024

Abu Dhabi Said to Tap Citi, HSBC and FAB for Etihad Airways IPO

ADQ has picked advisers including Citigroup Inc., HSBC Holdings Plc and First Abu Dhabi Bank for a potential initial public offering of hub carrier Etihad Airways PJSC, according to people familiar …

Posted on 07/03/2024

UAE: Schengen, UK visa slots fill up as residents begin summer vacation planning months in advance

Many UAE residents have already begun planning their summer holidays, four months in advance. That is according to officials at passport and visa outsource company VFS Global. “For summer travel to UK …

Posted on 07/03/2024

UAE, Switzerland to strengthen trade and investment relations

Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, headed a high-level UAE delegation to Bern and Basel, Switzerland, where he met senior government officials and private-sector …

Posted on 07/03/2024

UAE is fourth largest exporter of white sugar in the world

The UAE occupies the fourth position in the world for exporting white sugar and the local market has witnessed a 5 per cent growth in 2023, said Jamal Al Ghurair, Managing Director of Al Khaleej Sugar …

Posted on 07/03/2024

Sunreef Yachts Opens Massive Yacht Production Facility In The UAE

I’ve had a soft spot in my heart for Sunreef Yachts since I first visited the shipyard in Gdansk, Poland where a hard-working entrepreneur named Francis Lapp was …

Posted on 07/03/2024

Biometric border control gates speed air passenger processing in UAE and Indonesia

Airports in Indonesia and the Emirates are reporting faster border checks through face biometrics. Boarding passes are on the way out at Miami International.

Posted on 07/03/2024

Sheikha Fatima congratulates women of UAE, entire world on International Women’s Day

HH Sheikha Fatima bint Mubarak the Mother of the Nation Chairwoman of the General Women Union GWU President of the Supreme Council for Mother …

Posted on 07/03/2024

Terminus Group Inaugurates International Headquarters in UAE

During the ceremony, Terminus International Headquarters reached strategic partnerships with ecological cooperators from the capital, technological, and energy fields. Based on AIoT technology, the …

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