Sheikh Hamdan held the position of Minister of Finance since the first formation of the Cabinet on December 9, 1971
The investments will focus on strategic sectors in Indonesia, including infrastructure, roads, ports, tourism and agriculture, among others
Three new chambers of commerce will be created and the five-year plan seeks to increase Dubai’s foreign trade from Dhs1.4 trillion to Dhs2 trillion
The nightly curfew timing has been reduced by one hour
Legal procedures against the accused are currently underway
The UAE became the first Gulf Arab nation to agree to normalise ties with Israel
These strikes came after Iran-backed Houthi rebels attacked an Aramco refinery in the Saudi capital on Friday
Cryptocurrency businesses will be offered bespoke licences by the DMCC Crypto Centre in Dubai
Normalisation of ties with the GCC, the upcoming FIFA World Cup and economic reforms are painting a positive picture for the gas-rich nation
Covid-19 response sees Ministry of Health spending almost tripled compared to 2019
Gross credit in the banking system grew from Dhs1.779 trillion by the end of December 2020 to Dhs1.779.2 trillion in January 2021
The non-oil economy shrank an annual 0.8 per cent in the fourth quarter
Each of the four defendants has been handed a five-year imprisonment term followed by deportation and a fine of Dhs10m
It confirmed a minimum Dhs2.57bn dividend for 2022
The ‘Year of the 50th’ officially starts on April 6, 2021 and lasts until March 31, 2022
Emirates Global Aluminium said earnings before interest, tax, depreciation and amortization were Dhs4.1bn in 2020
Some two million people in Kuwait are expected to receive Covid-19 vaccination by September
The Central Bank of the UAE projects the country’s real GDP to increase by 2.5 per cent in 2021
The requirement came into force after the Securities and Commodities Authority’s meeting on Sunday
The new exemptions follow an earlier set of measures that were approved last year
The new initiative offers expatriate workers labour mobility and amends existing exit procedures
The UAE’s cultural development showcases its traditional values while embracing a modern vision
Bur Dubai accounted for the largest share of the new licences issued in February 2021 in terms of areas
The three-year freeze on government fees was first announced by Sheikh Hamdan in March 2018
The UAE government instituted a 5 per cent VAT on goods and services in January 2018
IHC’s total assets increased to Dhs14bn as of December 31, 2020, from Dhs4bn a year earlier
A 12-hour nightly curfew – from 5pm to 5am – will be in place for one month starting Sunday, March 7
The new decision allows expat government employees and those on dependent visas to transfer to jobs in the private sector
Banks are the largest distributors of profits
The issuance of the violations and fines list supports the UAE’s efforts in combating money laundering crimes and financing of terrorism