As the world looks to making sustainability changes, countries including the UAE are looking to nuclear energy. ENEC Managing Director and CEO Mohamed Al Hammadi spoke to Becky Anderson about his work …
Property worth Dhs1m or Dhs240,000 annual income must to obtain UAE residency permits for retirees
Emadeddin Khalil, Staff Reporter The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has identified six steps, conditions …
UAE space sector goes from desert to Mars as investments pass $10.9bn
UAE space investments have rocketed beyond $10.9bn and the country is leading missions to the moon, Mars and the asteroid belt …
Foundster introduces AI-Powered Company Formation in Dubai
IFZA Freezone is the first integrated partner, offering company formations at official list prices through the Foundster platform – Foundster.com launches as the first AI-powered platform for company …
UAE’s GDP is projected to grow by 5% year over year
The UAE’s gross domestic product (GDP) in 2025 is projected to grow by five per cent year over year, continuing to outperform global GDP growth, which is f..
UAE family foundations: Three wins for the price of one — wealth, succession, and taxes
Through its innovative corporate tax regime, the UAE now allows family foundations to opt for tax transparency by being treated as unincorporated partnerships, offering families u …
Dubai Airport expects to scan over 5.2M passengers during winter holiday season
Dubai International Airport expects to process more than 5.2 million passengers between mid-December 2024 to the beginning of 2025.
‘From desert to Mars’: Sheikh Hamdan says UAE space sector investment has reached Dh40 billion
Sheikh Hamdan chaired the first meeting of the Supreme Space council, during which he reviewed key economic achievements of the sector. Research and development spending on space …
Dubai can now boast 750 charge points across the city
In the United Arab Emirates (UAE), the Dubai Electricity and Water Authority (DEWA) has announced that its network of electric vehicle charging stations now …
UAE Aims to Lead the World in Sustainability with Revolutionary Battery Recycling Project
The UAE announces its first battery recycling plant, aiming to support sustainability and the growing electric vehicle ecosystem.
Tourists in Dubai will now get ‘world-first’ tax refund on online shopping
The Federal Tax Authority of the UAE has launched a ‘world first’ VAT tax refund system for online shopping by tourists in Dubai and other emirates …
Imports from UAE up 109 pc in November to USD 6.12 billion: Commerce ministry data
India’s imports from the UAE surged by 109.57% to $6.12 billion in November, resulting in a $3 billion trade deficit. Overall, imports from the UAE reached $44.76 billion during April-November, a …
Dubai Customs handles over 1.23m bags on 187 cruise ships so far this year
Dubai Customs announced that its Passenger Operations Department handled more than 1.23m bags for 281,775 passengers on board 187 cruise ships between January and November 2024. This underscores its …
Dubai Customs handles over 1.23mln bags, on board 187 cruise ships between Jan -Nov 2024
This underscores its commitment to providing world-class customs services at Port Rashid and Dubai Harbour amid the continued growth of Dubai’s maritime tourism sector …
Trade Tides: India’s Import Surge with UAE
India’s imports from the UAE significantly increased by 109.57% year-on-year, resulting in a trade deficit exceeding USD 3 billion in November. The bilateral trade between the two nations reached USD …
Dubai welcomes over 200,000 cruise passengers during first 11 months of 2024
Dubai has welcomed and provided assistance to over 200,000 passengers arriving in the emirate by cruise ships. In addition, Dubai Customs has efficiently handled more than 1.23 million bags for …
Dubai to host rare coffee auction as MENA coffee market tipped to hit $11.5bn
As the MENA coffee market surges towards an estimated value of $11.5bn by 2025, WOC Dubai arrives at a pivotal moment for the industry.