Abu Dhabi is to invest 448 billion dirhams (US$122 billion) in oil and natural gas over the next five years as it seeks to raise production capacity, even while OPEC restricts its output. The Persian …
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New oil discovery credit positive for Abu Dhabi
Abu Dhabi National Oil Company’s (Adnoc) discovery of 22 billion barrels of unconventional oil and two billion barrels of conventional crude reserves is credit positive for the emirate and attract …
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Video: Abu Dhabi inspects school buses for anti-Covid measures
According to the regulations, all buses have to be regularly sanitised to protect the health of students, staff and drivers.
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Abu Dhabi’s ADDED launches ‘TAHAQAQ’ verification service
The Abu Dhabi Department of Economic Development, ADDED, has announced ”TAHAQAQ”, a verification feature on the website of the Department’s Abu Dhabi Business Center, ADBC, which allows companies, …
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Dubai’s billionaire ruler Sheikh Maktoum wins battle to build six-bed lodge at his Highlands estate
Sheikh Maktoum’s proposal was refused by Highland Council in June but he took his appeal to Scottish government. Last week he gave £30k for local affordable housing.
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UAE residents can now watch National Day celebrations from their homes
Designed and produced under Emirati leadership, the dramatic show would be broadcast live for the UAE residents and the audiences beyond on December 2.
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Dubai Cycles for Health and Fitness
Dubai has sent out a strong message that it is the global hub for health and fitness. This became evident when a section of the city’s mai – Mediawire …
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Golden visa to boost Dubai growth by up to 1%
Dubai’s economy will get a boost of up to one per cent from the 10-year golden visa residency scheme launched to attract foreign direct investment as well as best human capital into the UAE and more …
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Foreign nationals permitted 100 per cent business ownership in the UAE
Reacting to the new law, Sachinn J Laala, CEO of Shopper marketing agency Liquid, a foreign investor in the UAE, says, “When it comes to starting a business in the UAE, local ownership restrictions …
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Sharjah introduces Austrian businesses investment opportunities across sectors
Sharjah’s array of highly diversified investment sectors that are the focus of Austrian businesses and entrepreneurs took centre stage at a recent event. The high-level virtual event titled …
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SAIF Zone, HFZA ink deal with Sharjah Municipality
Sharjah International Airport Free Zone (SAIF Zone) and Hamriyah Free Zone Authority (HFZA) have jointly signed a MoU with Sharjah Municipality to support their digital transformation vision, enhance …
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Everything you need to know about Zayed Heritage Festival in Abu Dhabi
Here’s everything you need to know about Sheikh Zayed Heritage Festival. Sheikh Zayed Heritage Festival is a cultural event held every year in in Al Wathba. Named in honour of the UAE’s founding …
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UAE eases limits on foreign ownership to attract investors
The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies, state-run media reported Monday, in the country’s latest bid to boost its global status and …
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UAE relaxes rules on foreign ownership of companies amid pandemic fallout
The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies, state-run media reported, in the country’s latest bid to boost its global status and attract …
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Sharjah decongests 11,000 drainage holes in a week ahead of rains
About 11,000 drainage holes were cleaned every week to prevent water logging as the Sharjah Municipality braced for the rainy season. Thabet Al-Tarifi, director-general of Sharjah City Municipality …
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Dubai expects economic boost from UAE golden visa extension
Dubai said the economic growth rate could increase by up to 1% because of plans by the United Arab Emirates to extend to more categories a “golden” visa system which grants 10-year residency in the …
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MIDEAST STOCKS-Dubai leads gains as markets cheer vaccine news
Major Gulf markets ended higher on Monday, as further encouraging news on the COVID-19 vaccine boosted investor sentiment, spurring optimism over a faster-than-expected global economic recovery. Nov …
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