President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a congratulatory cable to Zoran Milanović, the President of the Republic of Croatia, following his re-election for another presidential term. This gesture highlights the friendly relations between the United Arab Emirates and Croatia. In addition to Sheikh Mohamed, Vice President, Prime Minister, and Ruler of...
Dubai’s Jumeirah Lake Towers (JLT) is set to welcome a groundbreaking 17-storey Crypto Tower, a landmark project launched by DMCC in partnership with REIT Development. The tower will support the expanding blockchain, decentralized finance (DeFi), and Web3 ecosystem in the region. Spanning 150,000 square feet of leasable space, the tower will include nine office floors...
The Federal Tax Authority (FTA) and Abu Dhabi Global Market Academy (ADGMA) have announced a partnership aimed at providing training and job opportunities for UAE national graduates. This collaboration focuses on specialised tax education and hands-on training to prepare high-performing graduates for careers in taxation and related fields. The announcement was made in the presence...
Abu Dhabi’s Mubadala Investment Company, through its unit Kelix Bio, has finalized the acquisition of DiabTec, a subsidiary of Julphar. This move marks a significant step in strengthening Mubadala’s biologicals portfolio and advancing biomanufacturing in the MENA region. DiabTec’s advanced facility, equipped with 20,000-litre drug substance reactors and a dedicated cartridge fill-finish facility for drug...
Dubai’s super-prime property market, featuring homes priced at $10 million (Dh36.7 million) and above, witnessed a surge in demand throughout 2024, according to a report by UAE real estate intelligence firm Property Monitor (originally reported by Gulf News). International buyers seeking exclusive lifestyles have propelled this segment to new heights, with developers like Omniyat Properties...
Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture & Arts Authority, inaugurated the multi-sensory art exhibition titled *‘The Sublime Nature of Being’* at the Summer Garden of ICD Brookfield Place. The exhibition, a collaboration with the ICD Brookfield Place Arts Programme, showcases the transformative power of art and its...
The UAE has been recognized as the most prepared Arab nation to meet the future job market demands in the green, AI, and digital sectors, according to the QS World Future Skills Index. The index evaluates global higher education systems based on four key criteria: skills fit, academic readiness, future of work, and economic transformation....
The United Arab Emirates has announced plans to construct an eye hospital in Uganda, as part of the Emirates Global Hospitals programme. This initiative falls under the Zayed Humanitarian initiative and aims to improve healthcare access in the region. The project, which will be situated in Entebbe, is projected to cost approximately Dh20 million (around...
The United Arab Emirates, through the Ministry of Finance, has successfully concluded the final round of negotiations for a Double Taxation Avoidance Agreement concerning income and capital with the Russian Federation. This significant achievement highlights the UAE’s dedication to enhancing economic and tax cooperation. The agreement aims to create a business-friendly environment that safeguards taxpayers’...
The UAE government has announced that it will solely provide fast and super-fast electric vehicle (EV) chargers across the country. This initiative aims to enhance the living conditions in the UAE by promoting cleaner air and reducing carbon emissions, as stated by the UAE Minister of Energy and Infrastructure, Suhail Al Mazrouei, during an interview...