UAE has decided to end a 10-day grace period policy for visitors who overstay the visas issued in Dubai. Visitors will now have to strictly adhere to the duration of their stay as prescribed in their …
UAE’s FAB to provide $1.36bn in financing solutions to investors
FAB will offer competitive financing solutions to support the adoption of advanced technology in the industrial sector.
Brick By Brick: Watch How Dubai Built The ‘Most Beautiful City In The World’ Over 60 Years
Another visionary project – the futuristic development masterplan of palm jebel ali – has been announced by His Highness Sheikh Mohammed bin Rashid …
Dubai attracts Billionaires: $2.5 Billion set to be invested in luxury real estate in 2023.
ALBAWABA – According to a report by “Destination Dubai” from Knight Frank, wealthy individuals are preparing to spend $2.5 billion on real estate in Dubai in 2023. The report is based on a survey of …
Palm Jebel Ali set to take its place in the sun, 21 years on
Now reinvigorated and reimagined, the Palm Jebel Ali has been part of the Dubai landscape for more than 20 years.Construction began in 2002 as part of a hugely ambitious series of artificial offshore …
New EGA agreements could lead to $272m in industrial investments in UAE
Emirates Global Aluminium, the UAE’s largest industrial company outside the oil and gas sector, on Thursday signed agreements that could lead to industrial investments in the UAE worth more than Dh1 …
EGA’s agreements at ‘Make it in the Emirates Forum’ could drive AED1 billion of industrial investments in UAE
ABU DHABI, 1st June, 2023 (WAM … Production from the new carbon anode manufacturing facility in the UAE would entirely replace these imports, and additional capacity could supply other aluminium …
Tecom’s Dubai Industrial City sets target of 500 factories by 2026
Dubai Industrial City, which is part of the Dubai-listed Tecom Group, aims to have more than 500 operational factories in its free zone by 2026, up from 300 currently, amid UAE’s industrial strategy …
Montfort teams with Dubai sheikh to buy Uniper’s UAE bunker business
German energy company Uniper’s Uniper Energy DMCC is the market leader in producing and supplying IMO 2020-compliant low-sulphur fuel oils to the Fujairah market, a key hub for …
9 blockbuster movies shot in Abu Dhabi
From Furious 7 to Dune: Part Two, here are the 9 biggest blockbuster movies shot in Abu Dhabi.
What UAE’s New Corporate Tax Means for Its Business-Hub Status
And it won’t apply to business conducted within the UAE’s “free zones” — where firms operate under a different set of regulations to the rest of the country. Personal income from employment, real …
The Impact of Expo 2020 on Dubai’s Off-Plan Property Market
Dubai was an exceptional event that showcased the city’s grandeur on a global scale. With the spotlight on Dubai, the real estate sector experienced an exciting shift, particularly in the off-plan …
UAE’s exports will reach $544.6bln by 2030
UAE exports are projected to reach AED 2 trillion ($544.6 billion) by 2030, growing at an annual rate of 5.5%, surpassing the global rate. India will remain the emirates’ largest trading partner, with …
EGA signs deals that could bring $270m in investments to UAE
EGA produces some 1.2 million tonnes of carbon anodes every year at its own carbon plants in Jebel Ali and Al Taweelah, but the remainder of the company’s need is currently impo …
Abu Dhabi Investment Office calls for RFPs for a new project
In collaboration with the Department of Municipalities and Transport (DMT), the Abu Dhabi Investment Office (ADIO) is inviting proposals for the design, build, maintenance and operation of a new “Al …
Adnoc Logistics Jumps 49% After $769 Million Abu Dhabi IPO
Adnoc Logistics & Services, the maritime logistics unit of Abu Dhabi’s main energy company, soared as much as 49% on its debut after its hugely oversubscribed $769 million initial public offering.
Abu Dhabi’s ADNOC Logistics & Services trades 44.8% over IPO price in debut
REUTERS/Toru Hanai DUBAI, June 1 (Reuters) – Shares in Abu Dhabi’s ADNOC Logistics & Services climbed 44.8% above their listing price on its market debut on Thursday, after raising $769 million in an …