#UAE

UAE: The year 2022 in review

The UAE has accelerated its growth this year with key strategies, strong initiatives and a future-first approach

UAE trade agreements

UAE funds to buy $855m stake in Israeli financial firm

Phoenix Group is listed on the Tel Aviv stock exchange, with a market value of $2.85bn

Central-Bank passes new AML guidelines for PEP

UAE Central Bank raises base rate by 50 basis points

The US Federal Reserve raised its key interest rate by 50 basis points

UAE, Armenia sign MoU to regulate recruitment of Armenian workers

The MoU stipulates the entry, residency, and employment of Armenians in the UAE in accordance with the country’s legislations

SME Story: Interview with Kate Brunette-Sireteanu, co-founder of Peace of Mind Products

While we all walk around wearing masks to protect ourselves from airborne particles, our youngsters had no added layer of resistance until we launched our VirusShield Stroller Cover

tech

Can Dubai’s growing tech affinity propel its real estate sector?

Dubai’s real estate sector has taken massive strides in terms of sales and investment

Technologies underpinning sustainability in the GCC's construction industry

Technologies underpinning sustainability in the GCC’s construction industry

The UAE is committed to achieving net-zero emissions by 2050 and the construction sector is a vital part of this strategy

UAE issues corporate tax law

The country’s corporate tax regime will levy a standard rate of 9 per cent on taxable profits exceeding Dhs375,000

Turtlefin

Turtlefin partners with The Continental Group in the UAE to offer insurance solutions

The solution is said to bring operational efficiencies by automating proposal journeys, management reporting and dashboards, which will be accessible from a single source

UAE’s foreign non-oil trade to grow to Dhs2.2tn by end of 2022

Non-oil foreign trade crossed Dhs583bn during the third quarter of the year

UAE has the world’s best passport in a top ten dominated by Europe

With a UAE passport, travellers can enter to 180 countries hassle-free — seven more than European countries such as Germany and Sweden

New launch date for Emirates Lunar Mission announced

New launch date for Emirates Lunar Mission announced

Upon landing, the Rashid rover will explore the characteristics of the lunar soil

Mubadala's head of UAE investments platform to join ADNOC

Head of UAE investments platform at Mubadala to join ADNOC

Mubadala’s deputy CEO, Waleed Al Mokarrab Al Muhairi, will serve as interim chief executive of the UAE investments platform

UAE, Ukraine announce intent to negotiate comprehensive economic partnership agreement

UAE, Ukraine to begin negotiations towards comprehensive economic partnership agreement

In 2021, non-oil trade between the UAE and Ukraine reached $904.4m, increasing 28.4 per cent over the previous year

UAE President Sheikh Mohamed arrives in Qatar

The UAE President was welcomed by Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani, upon his arrival at Hamad International Airport

Construction

Building and construction show Big 5 opens in Dubai today

Global players, startups, digital disruptors, investors, ESG advisors, and policy makers will gather for the four-day event at Dubai World Trade Centre

UAE, Japan to sign MoU on establishing joint business council

The formation of the council is aimed at developing joint projects and exchange expertise

RODRIGO RODRIGUEZ _Takeda

How public-private partnerships can power the next phase of the UAE healthcare sector

A world-class healthcare sector requires that all players collaborate wherever synergies are found and leverage one another’s strengths to meet the challenges of tomorrow

World's Coolest Winter Campaign_ WAM

Sheikh Mohammed launches third ‘World’s Coolest Winter’ campaign

In its second edition last year, the campaign generated Dhs1.5bn in revenue, with the number of local tourists increasing to more than 1.3 million

UAE President

UAE President looks to the future with hope and optimism in his first National Day address

Marking the 51st UAE National Day, the UAE President said the nation will continue investing in opportunities to support economic sectors of strategic importance to its national security

Amea Egypt

UAE’s Amea Power completes $1.1bn renewable energy deal in Egypt

The company will build, own and operate the 500MW solar PV plant and 500MW wind farm in the country

UAE reduces fuel prices for December 2022

The price of Super 98 has been reduced to Dhs3.30 per litre

Sharjah Museum Authority

Sharjah Museums Authority announces free entry to visitors on Dec 1-2

A number of entertaining and educational activities will be hosted by the authority for members of the public

Mars

Everdome’s debut rocket to Mars set to launch on November 30

The launch will take place at 5pm Gulf Standard Time and will be broadcasted live

Emirates Lunar Mission to launch on December 1

Upon landing, the Rashid rover will explore the characteristics of the lunar soil

UAE President wipes out over Dhs536.2m debt for Emiratis

The non-performing debt relief fund has announced that 17 banks and financial institutions have waived the obligations

UAE Work permits Mohre issues new rules

UAE: Four violations that could lead to suspension of new work permits

The Ministry of Human Resources and Emiratisation has identified these violations as part of a newly announced resolution

metaverse

Sheikh Hamdan approves new phase of Dubai Metaverse Strategy

The new phase was approved at the first meeting of the Higher Committee of Future Technology Development and Digital Economy

shop online

How to shop safely online by avoiding common scams

Although online shopping is extremely convenient, consumers should always be alert when looking for the top offers

Poland opens representative office in UAE

Poland opens representative office in UAE

The UAE is one of Poland’s largest trading partners in the region, with non-oil trade reaching $1.3bn in the first 9 months of 2022