The Ajman Department of Finance has finalised a service provision agreement with the independent government company Marsa Properties, allowing it to utilise the services of the ‘Tawreed’ platform within the Ajman government. The collaboration aims to create an attractive investment environment...
AD Ports Group, a leading facilitator of global trade, logistics and industry, today launched The Maritime Sustainability Research Centre, Abu Dhabi (MSRCAD), a non-profit agency dedicated to joint industry-government academia research, with a focus on sustainability and innovation. The...
The UAE's tourism sector contributed AED220 billion to the GDP in 2023, accounting for 11.7 percent of the overall economy, This upward trend is expected to continue in 2024, with projections indicating the sector will reach AED236 billion and account for an even greater share of the GDP at 12...
The Zakat, Tax and Customs Authority (ZATCA) determined measures for selecting target establishments at the 12th category to apply the integration phase of e-invoicing. In a statement, the authority added that the 12th category includes all entities whose revenues, inclusive of...
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been awarded four prestigious awards at Euromoney Islamic and Excellence Finance Awards 2024, serving as a significant tribute to the bank's exceptional performance and unwavering commitment to redefining innovation in...
Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), met with a mission from the International Monetary Fund (IMF), led by Ali Al-Eyd, during the 2024 Article IV Consultation to discuss the UAE’s economic and financial developments. The meeting encompassed a review of the...
The Ministry of Interior announced that entry to or stay in Makkah is prohibited for anyone holding any type of visit visa, from the 15th of Dhu al-Qi'dah 1445 AH until the 15th of Dhu al-Hijjah 1445 AH, the ministry said on its X account. Visit visa, in all its types and names, does not...
The Ports, Customs, and Free Zone Corporation has announced a 105% growth in the number of licenses issued to companies specializing in bunkering operations in Dubai Waters during the first quarter of 2024. This comes alongside an overall increase in maritime operations performance since the...
Dubai Courts have forged a Memorandum of Understanding with Emirates Tech. This move marks a significant step towards accelerating the development of the court system in the realm of digital transformation and technological solutions. This initiative reflects a commitment to deploying innovative...
The Security Department at Ports, Customs and Free Zone Corporation (PCFC) issued 800,000 security passes during the first quarter of 2024 to facilitate the entry of individuals and companies into the ports and free zones overseen by the PCFC in Dubai. This comes as part of its commitment to...