Dubai Multi Commodities Centre — a free trade zone established by the Dubai Government — has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot precious …
Abu Dhabi Is Said to Weigh Sale of $4 Billion Taqa Stake
Abu Dhabi is weighing the sale of a stake in its biggest utility as the oil-rich emirate seeks more international investment in its marquee assets, people familiar with the matter said.
Sheikh Mohammed to outline UAE’s green vision at US President Biden’s climate summit
The summit on April 22 and 23 is being hosted remotely by US President Joe Biden. In his speech, Sheikh Mohammed will highlight the UAE’s green vision and climate action ambitions. The US President …
Vaccinated UAE team out of Fleche Wallonne over virus cases
Tour de France winner Tadej Pogacar is out of the Flèche Wallonne one-day race Wednesday after his UAE Team Emirates squad withdrew following two positive tests for the coronavirus, even though the …
Treasury-Buying Spree of $17 Billion Has UAE Eclipsing China
The United Arab Emirates went on its biggest Treasury-buying foray on record in February, purchasing more of the safe-haven securities than China in one of the worst months for U.S. debt markets in …
Emirates Could Tap Dubai for Support Amid Delayed Recovery
Emirates said it may need to tap Dubai’s government for an equity injection if demand doesn’t rebound from the coronavirus crisis in the next six to eight months.
US man who legally smoked marijuana in Las Vegas before flying to Dubai is freed and deported
Peter Clark, 51, was deported from Dubai after prosecutors dropped all charges against him. He was arrested in February after going to hospital, where doctors did blood tests and found drugs.
Dubai Investments acquires stake in National General Insurance Company
The UAE’s leading investment company, Dubai Investments announced the execution of a direct deal of acquiring 21.53 per cent shares of National General Insurance Company (NGI) from Emirates NBD Bank.
UAE Adopts Blockchain Tech for Its Judicial Notary Services
UAE has adopted blockchain technology in its judicial notary services. This will help reduce time, effort, and the high cost of contract verification. UAE plans to move half of its transactions on …
Abu Dhabi seeks bids for key PPP infrastructure projects
Abu Dhabi is launching two major infrastructure public-private partnership (PPP) projects under the Partnership Projects framework issued by the Abu Dhabi Investment Office (ADIO), for the procurement …
Covid: UAE revises guidelines for kids’ face masks, shields; here’s why
A recent study in The Lancet suggested strong evidence that the primary route of transmission of the novel coronavirus is airborne.
Chinese businessman receives UAE golden residency visa
Huang Tianguo, the founder of China-based UC Forward Marketing LLC, has received the UAE’s golden real estate residency visa. UC Forward Marketing was appointed by the Dubai Land Department (DLD) as …
Dubai’s Commodities Hub Plans Gulf’s First Blockchain-Backed Facility
Dubai Multi Commodities Centre (DMCC) plans to create the first precious metals refinery and storage facility in the Gulf region enabled by blockchain technology. The facility will refine and store …
Dubai: Man on trial for attempting to smuggle cocaine into UAE
An African national is facing trial at Dubai Criminal Court on charges of smuggling and possessing 577 grams of cocaine while on a visit to the emirate earlier this year.ALSO READ:>> Dubai: Seven …
Abu Dhabi now offering Pfizer-BioNTech vaccine; updates list of centres for free jabs
Abu Dhabi has begun rolling out free Pfizer-BioNTech Covid-19 vaccine for eligible residents and citizens across 11 locations within the emirate. In an update issued by Abu Dhabi Media Office on April …
UAE May Impose Virus Curbs on Unvaccinated People, Official Says
Impose Virus Curbs on Unvaccinated People, Official Says DUBAI (Reuters) – The United Arab Emirates has warned it could impose restrictions on people who have not been vaccinated against COVID-19 as …
UAE Weighs Movement Restrictions for Unvaccinated People
The United Arab Emirates, which has rolled out one of the world’s fastest coronavirus inoculation programs, is considering restrictions on people who haven’t yet taken a vaccine despite being eligible …