Government | Tuesday 28 May, 2024 1:32 pm

Minister of Economy and Planning Meets OFID's Director General

Minister of Economy and Planning, Faisal bin Fadhil Alibrahim, met with the Director General of the OPEC Fund for International Development (OFID), Dr. Abdulhameed Abdulhamid Al Khalifah, during his official visit to the Republic of Austria.During the meeting, they discussed issues of mutual...

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Government | Tuesday 28 May, 2024 8:41 am

Sharjah Chamber enhances cooperation with Hong Kong in international commercial arbitration

The Sharjah Chamber of Commerce and Industry (SCCI) and a high-level judicial delegation from the Hong Kong Special Administrative Region, explored avenues for enhancing cooperation in the field of commercial and investment laws. Both sides also discussed establishing a strategic partnership...

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Government | Sunday 26 May, 2024 11:44 am

Ajman Department of Finance, Marsa Properties Sign Agreement to Enhance Emirate’s Investment Environment

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...

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Government | Sunday 26 May, 2024 11:41 am

AD Ports Group launches Maritime Sustainability Research Centre

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...

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Government | Sunday 26 May, 2024 11:38 am

UAE tourism sector expected to contribute 12% to GDP in 2024, UN tourism meeting told

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...

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Government | Sunday 26 May, 2024 8:58 am

ZATCA sets measures for selecting entities at 12th phase of e-invoicing

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...

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Government | Saturday 25 May, 2024 12:02 am

ADIB wins 4 major accolades at Euromoney Islamic and Excellence Finance Awards

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...

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Government | Saturday 25 May, 2024 12:00 am

CBUAE Governor, IMF mission discuss UAE financial, banking sector developments

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...

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Government | Thursday 23 May, 2024 1:55 pm

Interior Ministry bans entry of visit visa holders to Makkah from today

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...

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Government | Wednesday 22 May, 2024 9:28 am

PCFC announces a 105% increase in licenses issued for bunkering companies in Dubai

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...

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