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UAE Foreign Minister meets Syrian President Bashar al-Assad in Damascus

The two leaders discussed developments in the Middle East and Syria

Abu Dhabi Sheikh Zayed Grand Mosque White Mosque

UAE updates Covid-19 protocols for mosques, prayer rooms

Imams and cleaning staff of mosques should be vaccinated and must undergo a PCR test every 14 days

Abu Dhabi’s ADNOC Distribution posts net profit worth Dhs1.7bn for first nine months of 2021

It recorded a net profit of Dhs529m for the third quarter of 2021

International investors boosting Dubai property market, say developers at Cityscape

During the first nine months of the year, a total of 43,299 property sales transactions worth Dhs104.3bn were recorded in Dubai

Abu-Dhabi

Abu Dhabi Securities Exchange proposes SPAC regulatory framework

The Abu Dhabi Securities Exchange and Abu Dhabi’s Department of Economic Development have submitted a proposal to the Securities and Commodities Authority

UAE reports 72 Covid-19 cases, 90 recoveries

The nationwide case count has now risen to 740,572

UAE amends conditions for granting residency visas to retired expatriates

As per the amendment, retirees will be eligible for retirement residency, should they fulfil certain criteria

Zayed University UAE

UAE’s Zayed University signs academic partnership MoU with Israel’s University of Haifa

Both universities will exchange knowledge and academic best practices, conduct joint-research projects, and organise mutually beneficial events and seminars

Dubai Financial Market appoints new CEO

Hamed Ahmed Ali was previously appointed as deputy CEO and chief markets officer in July 2020

Visa Dubai

Visa opens its new flagship regional headquarters in Dubai

Spanning 100,000 sq ft, the new HQ will serve almost 90 countries across the Central and Eastern Europe, Middle East and Africa region

Oracle announces second cloud region in the UAE

Emaar, Emirates Post Group chose Oracle Cloud Abu Dhabi Region for strategic business operations

Sharjah UAE

Sharjah records Dhs5.7bn in real estate transactions for Q3 2021

The total volume of area circulated in sales transactions amounted to around 16.5 million sq ft

ASUS Business

Here’s how ASUS Business is bridging the technological gap in education

The company is also aggressively launching new products, solutions and initiatives in 2022

Emaar Malls

Dubai’s Emaar Malls records nine month net profit of Dhs1.07bn, up 82% y-on-y

Its revenue for the first nine months of 2021 was reported at Dhs3.191bn, up 28 per cent over the corresponding period last year

Emirates Garuda Indonesia

Dubai’s Emirates signs codeshare MoU with Garuda Indonesia

Subject to required regulatory approvals, the codeshare agreement is expected to come into effect from January 2022

UAE reports 68 Covid-19 cases, 2 deaths

The nationwide case count has risen to 740,500

UAE says oil prices would be even higher if it wasn’t for OPEC+

Brent crude’s climbed 62 per cent this year to almost $84 a barrel

Abu Dhabi authority implements plan for climate-smart agriculture

The Abu Dhabi Agriculture and Food Safety Authority has urged farm owners to shift toward organic agriculture

Debt management office

Sheikh Mohammed approves board of directors for Dubai International Arbitration Centre

The board will be chaired by Dr. Tarik Humaid Al Tayer, while Dr. Ahmed Saeed Al Suwaidi will serve as its vice chairman

Abu Dhabi, Etihad Towers complex.

New personal status law to be applicable to non-Muslims in Abu Dhabi

A new bilingual court will also be set up in the emirate to deal specifically with these matters, with all procedures conducted in Arabic and English

UAE reports 70 Covid-19 cases, 92 recoveries

The total number of reported cases has risen to 740,432

Dubai to encourage IPOs from private firms to revive market

The city merged its economic and tourism departments on Saturday

Abu Dhabi UAE government

Indonesia fund lets UAE invest in its high-yield instruments

The investment framework deal was signed with the Abu Dhabi Growth Fund

Mahzooz

Participant wins Dhs10m jackpot in UAE’s Mahzooz live draw

In the most recent edition held on November 6, the winning combination of numbers were 36, 38, 26, 4, 37

Abu Dhabi updates green list; Turkey, Philippines and Malaysia among new additions

The green list now includes 95 destinations in total

Dubai Courts

Dubai Courts establishes two new courts to address securities-related disputes

Dubai Courts also announced the formation of a law enforcement committee for the emirate’s financial market

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed merges Dubai’s economy and tourism departments

Helal Al Marri has been named as director general of Dubai’s Department of Economy and Tourism

artificial intelligence

To master AI as a revenue catalyst requires first understanding its costs

As smart technologies take more prominent position among the economic activity of nations, enterprises must look for efficiencies in their implementation

Dubai

Dubai relaxes Covid-19 physical distancing restrictions – reports

The mandatory spacing between individuals has been reduced from two metres to one

UAE reports 73 Covid-19 cases, 112 recoveries

The nationwide case count has now risen to 740,209