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Month: May 2024

Posted on 27/05/2024

UAE-Korea relations record steady growth across various areas

The two countries have embarked on a partnership that promises to unlock new frontiers Non-oil trade between UAE and Korea reached US$5.3 billion in 2023, a 12.5 per cent increase year-on-year. Image …

Posted on 27/05/2024

UAE allocates USD6.3B to enhance industrial sector

(MENAFN) The UAE is allocating an extra Dh23 billion (USD6.3 billion) to its industrial sector, with support from two prominent companies as part of its efforts to enhance domestic manufacturing and …

Posted on 27/05/2024

S. Korean biz leaders to meet with UAE president

SEOUL, May 27 (Yonhap) — South Korean business leaders, including Samsung Electronics Co. Chairman Lee Jae-yong, will meet with the President of the United Arab Emirates (UAE) in Seoul to explore …

Posted on 27/05/2024

All you need to know about small business relief in the UAE

Small Business Relief has emerged as a transformative measure for small enterprises The UAE government has implemented a new tax regime, effective from June 1, 2023. The new tax regime imposes taxes …

Posted on 27/05/2024

Mukesh Ambani gifts son Anant a $77.3 million villa in Dubai

Ambani recently purchased a stunning $77.3 million beachfront property on Dubai’s Palm Jumeirah, for his son Anant.

Posted on 27/05/2024

A Look Inside Dubai’s Newest Crown Jewel, Tiger Sky Tower: Everything You Need to Know

World records, larger-than-life skyscrapers, and grandeur are not merely catchwords but the spirit of Dubai’s identity. In a megapolis where novelty meets desire and ideas are carved into towering …

Posted on 27/05/2024

ZāZEN Properties; Dubai’s off-plan market will continue to flourish with record surge in 2024

83% of all transactions were for apartments and the remainder was attributed to villas Dubai, UAE: ZāZEN Properties, a leading homegrown sustainable property developer in the UAE, highlights that …

Posted on 27/05/2024

14 of the best concerts coming to Dubai in the second half of the year

It’s a Dubai thing to keep on partying… We are almost halfway through 2024 and that means that we’re heading into the summer months which means, in theory Dubai should be slowing down. However, that …

Posted on 27/05/2024

DMCC AND SIGNATURE DEVELOPERS ANNOUNCE W RESIDENCES IN THE THRIVING JLT DISTRICT

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has partnered with Signature Developers to bring a new luxury residential development, the …

Posted on 27/05/2024

Former soldier drugs mule caught at Newcastle Airport trying to import £750,000 of cannabis from Thailand

On January 23 this year, Allen arrived in Newcastle from Thailand, via Dubai, carrying two suitcases. When asked by a customs officer if there was anything illegal in the luggage, the 29-year-old said …

Posted on 27/05/2024

Abu Dhabi International Book Fair 2024 shed light on cultural legacy of renowned Egyptian author Naguib Mahfouz

Abu Dhabi, UAE – The 33rd Abu Dhabi International Book Fair (ADIBF 2024), which recently concluded its activities in the UAE capital, Abu Dhabi, celebrated the rich cultural legacy of renowned …

Posted on 27/05/2024

Stopping single-use: Abu Dhabi to ban specific Styrofoam products from June 1

Abu Dhabi is implementing a ban on various “avoidable” single-use Styrofoam consumer products, which will take effect from June 1, 2024.

Posted on 27/05/2024

7 upcoming waterfront developments in Abu Dhabi

These developments across Abu Dhabi promise a lifestyle that blends nature, culture, and access to domestic and international cities …

Posted on 27/05/2024

As cash-strapped Pakistan seeks to ease its China reliance, Saudi, UAE pledge billions

Investment pledges from Abu Dhabi and Riyadh give Islamabad financial breathing room amid new bailout talks with the International Monetary Fund Analysts say Pakistan should seize the opportunity, …

Posted on 27/05/2024

ADNOC boosts local manufacturing target to AED90bln by 2030 to propel UAE’s economic diversification

Previous 2027 local manufacturing target of AED70 billion worth of products in ADNOC’s procurement pipeline delivered ahead of schedule …

Posted on 27/05/2024

UAE to boost industrial sector with additional $6.3bn in financing

The UAE’s industrial sector will receive an additional Dh23 billion ($6.3 billion) in funding, backed by two of its major companies, as the country intensifies its plans to expand its domestic …

Posted on 27/05/2024

UAE announces new Haj, Umrah rules; fines of up to Dh50,000 for violations

Operators in the UAE cannot receive requests for Haj or Umrah without prior approval from the General Authority of Islamic Affairs and Endowments, it was announced Monday. This came as the authority …

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