#News

union properties

Shareholders of Dubai developer Union Properties approve continuity of company

The company board affirmed its support for legal action against the previous management

Expo 2020 dubai sme

Expo 2020 Dubai awarded SMEs contracts worth Dhs6.8bn

It represents over a quarter of all Expo 2020 Dubai contracts in terms of value

damac metaverse

UAE’s Damac Group to invest $100m in metaverse project

Damac has established a new division called D-Labs which is led by Ali Sajwani and dedicated to the metaverse initiative

MenaTech magazine

MenaTech launches Arabic tech and business magazine

MenaTech Magazine aims to be a dependable Arabic source for the latest trends in technology, and a hub of innovation for the region’s tech community

Eid holidays

Eid Al Fitr 2022: Holidays declared for private sector employees in UAE

They will either receive a four- or five-day weekend contingent on the sighting of the moon which will indicate the end of Ramadan

Abu Dhabi

Non-oil contribution to UAE’s GDP reaches 72.3% in 2021

The non-oil contribution to the country’s GDP in 2020 stood at 71.3 per cent

UAE Tourist Visas

UAE rolls out comprehensive changes to visa regime for residents and tourists

The UAE Cabinet has announced expanded eligibility criteria for Golden Visas, outlined conditions under which Green Visas can be obtained and also introduced new self-sponsored visas for visitors

Ukraine uae

Ukrainians in UAE offered one-year residency visas

They need to approach Tasheel service centres in the country to avail of the permit

Dubai Courts

New dedicated court in Dubai to handle inheritance cases whose value exceeds Dhs500,000

The entire litigation process and ruling must typically be executed within 12 months of the case being filed

Doha world cup qatar

Hayya Card mandatory for all visitors to Qatar during the 2022 FIFA World Cup

At the moment, the card is only being issued to those who have a ticket for the tournament

Dubai Airport

Covid-19: Travel ban to be lifted for unvaccinated Emiratis in UAE

Also, unvaccinated individuals under the age of 16 no longer need to undergo a Covid-19 PCR test on arrival in the UAE

grocery

UAE approves new mechanism to control price increase of essential commodities

Prior approval is required from the Ministry of Economy by any supplier if they wish to raise prices of certain products

uae Adnoc

UAE’s ADNOC L&S to acquire two new-build LNG vessels built in China

Each vessel will have a capacity of 175,000 cubic metres – enough to power 45,000 homes for a year

Eid Al fitr 2022 uae

Revealed: Likely date for Eid Al Fitr 2022 in UAE

Ramadan is predicted to extend for 30 days this year

Dubai

Dubai issued 24,662 new business licences in Q1 2022, up 58% y-on-y

Fifty-seven per cent of the new business licences issued were under the professional category and 43 per cent were commercial

UAE’s GDP grows 3.8 per cent in 2021, beating international expectations

Its GDP reached Dhs1.489tn at current prices, with the growth rate for 2021 reported to be the highest in the region

Abu Dhabi

UAE: Foreign direct investment inflows grew 3.9% in 2021 to Dhs76bn

The UAE aims to attract Dhs550bn worth of foreign investments to the country by 2030

Abu Dhabi

Abu Dhabi’s non-oil real GDP grew 4.1% in 2021

Non-oil activities contributed 49.7 per cent of the GDP at constant prices last year

UAE residence visas

UAE: Residents to no longer get visa stickers in passports

The Emirates ID card issued to all foreigners residing in the UAE will instead serve as the alternative to proving their residence status within the country

Expo 2020 Dubai

Over 24 million visits recorded at recently concluded Expo 2020 Dubai

Arrivals at Dubai International Airport recorded growth of 12.7 per cent in 2021 compared to 2020

UAE Israel

The UAE reaches trade agreement with Israel

The official signing of agreement is expected to follow in the coming weeks

Saudi Investment

Saudi Arabia makes $5bn deposit in Egypt Central Bank

It is part of the kingdom’s efforts to support Egypt’s economy

Dubai, UAE Burj Khalifa

The first-ever Michelin Guide Dubai will debut this June

Dubai becomes the 36th destination globally, and the first within the Middle East, for the Michelin guide to be present within

Emirates_Airline

Dubai’s Emirates announces revised schedule for flights to India from April 1

The airline will revert to its pre-pandemic frequency, operating 170 weekly flights to nine cities in the country

Abu Dhabi Fund for Development opens five colleges in Jordan

The colleges were built with ADFD funding worth Dhs80.3m

Flydubai

Flydubai to temporarily operate flights to 34 destinations from Dubai World Central

The Roads and Transport Authority will provide a complimentary bus service between all terminals at DXB and DWC every 30 minutes

UAE cabinet

UAE Cabinet approves strategy to regulate operators of crowdfunding platforms

The UAE Cabinet met at the Expo 2020 Dubai during which a number of initiatives and legislations were approved

Qatar airways

Qatar Airways to resume flights to London Gatwick in June

The airline will operate a daily service from Gatwick to Doha using its Boeing 787 Dreamliner

Ramadan Eid 2022

Revealed: Dates for Ramadan and Eid Al Fitr 2022 in UAE

The Suhoor and Iftar timings across the country have also been indicated

Saudi ukraine visas

Saudi Arabia to extend visas of Ukrainians in kingdom

The visas will be extended without any fees charged and will be done so automatically