President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Dr. William Samoei Ruto, President of Kenya, participated in the signing of the UAE-Kenya Comprehensive Economic Partnership Agreement (CEPA) at Qasr Al Bahr in Abu Dhabi. This far-reaching agreement aims to deepen trade and investment ties, strengthen supply chains, and enhance market access...
Ministers and officials in the UAE have expressed strong support for the recently signed Comprehensive Economic Partnership Agreement (CEPA) with New Zealand. They view this agreement as a strategic move to enhance bilateral economic relations and improve cooperation in key sectors such as advanced technology, clean energy, agriculture, and financial services. The CEPA is set...
Catalyst, the first technology startup accelerator in the region focused on sustainability and clean technology, announced three new direct investments and the launch of its tenth cohort of startups. This announcement was made at the World Future Energy Summit in Abu Dhabi on January 14, 2025. The new investments include AeD energy, Batsand, and Solumar,...
Dr. Sultan Ahmed Al Jaber, the Minister of Industry and Advanced Technology in the UAE, and Muto Yoji, the Minister of Economy, Trade and Industry of Japan, have engaged in discussions aimed at enhancing cooperation and exploring opportunities to further develop the space industry in both nations. This collaboration will occur under a Memorandum of...
Sharjah is set to launch a new rental index aimed at increasing transparency in the emirate’s real estate market, which is expected to foster greater confidence among investors. The rental index will be accompanied by a map of Sharjah, allowing residents to view rental prices in their respective neighborhoods. This initiative is part of the...
Citizens in the UAE who possess unlicensed weapons have been instructed to register them within three months to avoid potential legal repercussions. The Weapons and Hazardous Materials Office, in collaboration with the Ministry of Interior, announced this initiative called ‘Registering Unlicensed Weapons for Citizens’ on January 13, 2025. The initiative will run until April 13,...
Devsinc, a prominent IT company from Pakistan, has announced its acquisition of Alchemative Group, a UAE-based provider of e-commerce and digital retail solutions. This strategic move marks Devsinc’s entry into the Middle Eastern market, specifically targeting the UAE, which is valued at approximately $7 billion, as reported by Statista. Alchemative Group is known for its...
Starting January 20, 2024, drivers in Ras Al Khaimah will have a new option for managing impounded vehicles. The emirate’s police announced the launch of the “Smart Home Vehicle Impoundment System,” which allows vehicle owners to request that their cars be impounded at a location of their choice instead of a traditional impound yard. This...
The General Civil Aviation Authority (GCAA) announced that all drone registration certificates issued in the UAE before January 6 will now be deemed invalid. This update was part of significant changes for drone enthusiasts following a partial lift of the individual drone use ban, which was initially announced by the Ministry of Interior on January...
Sharjah’s Kalba City will introduce a paid parking system starting February 1, as announced by the Kalba municipality on Tuesday. This new system will require drivers to pay for parking from 8 AM to 10 PM, applicable from Saturdays to Thursdays. Fridays will remain free for parking, although certain zones within the city will still...