The United Arab Emirates climate envoy and designated president of the COP28 climate summit said on Wednesday his main priority would be to keep alive the goal of limiting global warming to 1.5 …
Leen Alkhair completes establishment of 100%-owned sole proprietorship in UAE
Logo ofLeen Alkhair Trading Co. Leen Alkhair Trading Co. completed the legal procedures required for the establishment of a new wholly-owned …
UAE Travelers Required to Declare Assets Over AED 60,000
Passengers traveling to/from UAE must declare their currency, assets, or precious metals/rocks to customs officials if they exceed AED 60,000 ($16,334). The Federal Authority for Identity and …
UAE: Travellers must declare cash, valuables exceeding Dhs60,000
Passengers arriving into the UAE or travelling outside of it must declare their possessions, in cash or kind, should they surpass Dhs60,000 in value, or an equivalent amount in any other currency. The …
Abu Dhabi Customs Enables Digital Customs Inspections with Accela
Accela ®, the trusted provider of cloud solutions at the heart of government operations, released new insight into how Abu Dhabi Customs – General Administration of Customs – Abu Dhabi’s …
UAE’s ADNOC Delivers First LNG to German Floating LNG Terminal
German utility RWE’s trading arm received its first cargo of liquefied natural gas (LNG) at Brunsbuettel port from Abu Dhabi National Oil Company (ADNOC … without Russian gas also includes increased …
Abu Dhabi launches ‘Hub71+ Digital Assets’ with $2b funding for Web3 startups
Hub71+ Digital Assets’ is focused on unleashing the disruptive potential of Web3 and the growth of digital assets. “Hub71+ Digital Assets signifies that Abu Dhabi is open to disruptive businesses …
Emirate of Sharjah tightens guidance for dollar sustainable bonds – document
Feb – The government of Sharjah, one of the seven United Arab Emirates, has tightened guidance for a sale of nine-year sustainable bonds denominated in U.S. dollars by 25 basis points, a document on …
Travelling to or from the UAE? It’s now easier to declare your valuables
Doesn’t sound too shabby to us. Afseh: Dubai International Airport It comes as the UAE’s Federal Authority Identity, Nationality, Customs and Ports Security (ICP) has called on all travellers to and …
Wedding, business plans after Dh100,000 win in Mahzooz draw in UAE
The 49-year-old father of two who works at a gas plant in Oman, received a phone call from his daughter in Dubai informing him of his win … Gyan plans to use his windfall to start his own business …
UAE travellers must declare cash, valuables over AED60,000 at all ports
The Federal Authority for Identity, Nationality, Customs and Ports Security (ICP) has called on all travellers to and from the UAE to disclose their possession of cash and valuables, in case it …
Possessions over Dhs60,000 must be declared by UAE travellers at all ports
In accordance with the UAE’s disclosure system for cash … The disclosure system determines the penalties for those who fail to abide by the rules, whereby a customs fine is imposed in accordance …
What Travelers in the UAE Must do if Assets Exceed Dh 60K
Any traveler carrying more than Dh60,000, or an equal amount in any other money, financial assets, precious metal, or gemstones, must report it to customs officers while entering or leaving the UAE.No …
UAE: All passengers must declare currencies, assets, jewellery valued over Dh60,000
All passengers travelling into or out of the UAE with more than Dh60,000, or an equivalent amount in any other currency, financial assets, precious metal or stones, must declare it to customs officers …
Dubai’s Emaar Properties posts 80% surge in 2022 profit on record sales
Emaar Properties, Dubai’s largest listed developer, has reported that its 2022 net profit rose 80 per cent on record real estate sales across its portfolio.Net profit attributable to equity owners of …
Soaring Russian oil imports hit India’s rupee trade plans with the country
New Delhi’s imports from Russia in eight months to November were almost … “Refiners would rather pay in the UAE dirham which is pegged to the dollar,” the BPCL executive said. Spokespersons for …
Mena Fintech Association launches Future of Finance Vertical
Dubai, UAE – The Mena Fintech Association (MFTA) is proud to announce the launch of its highly anticipated Future of Finance (FoF) vertical, aimed at shaping the future of the financial industry in …