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Posted on 17/12/2024

Canadian man faces life in prison in Dubai for travelling with cannabis, wife says

A Mississauga man is facing life in prison in Dubai for travelling with more than 100 grams of cannabis products his wife says he was using to help cope with chronic pain related to Addison’s disease.

Posted on 17/12/2024

Bitpanda secures in-principle approval for expansion into the UAE

Bitpanda has been authorized to operate in Dubai by the Dubai Virtual Asset Regulatory Authority (VARA), making it eligible to enter into the United Arab Emirates’ growing market for digital assets.

Posted on 17/12/2024

McDonald’s UAE introduces McCrispy chicken burger

McDonald’s United Arab Emirates (UAE) has announced the launch of the McCrispy, a new chicken burger, in the region, as reported by Zawya. The McCrispy features a 100% chicken breast fillet, fresh …

Posted on 17/12/2024

UAE: Health insurance mandatory for visa issuance, renewal in Northern Emirates from January

The new basic health insurance plan starts from as low as Dh320 per year, which is lower than Abu Dhabi and Dubai …

Posted on 17/12/2024

Abu Dhabi Sovereign Wealth Fund Acquires McLaren Automotive in Historic Deal

Discover how Abu Dhabi’s CYVN Holdings has acquired McLaren Automotive in a landmark deal, redefining high-performance …

Posted on 17/12/2024

The UAE is making transformational moves and investments in nuclear energy

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 …

Posted on 16/12/2024

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 …

Posted on 16/12/2024

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 …

Posted on 16/12/2024

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 …

Posted on 16/12/2024

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..

Posted on 16/12/2024

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 …

Posted on 16/12/2024

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.

Posted on 16/12/2024

‘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 …

Posted on 16/12/2024

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 …

Posted on 16/12/2024

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.

Posted on 16/12/2024

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 …

Posted on 16/12/2024

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 …

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