The Dubai Land Department (DLD) has signed a memorandum of collaboration with the Awqaf and Minors Affairs Foundation, commonly known as Awqaf Dubai. This partnership aims to strengthen the competitiveness of Awqaf Dubai’s real estate portfolio. The collaboration focuses on sharing expertise and resources to maximize the potential of real estate assets managed by Awqaf...
H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, recently met with Sarah Friar, the Chief Financial Officer of OpenAI, a prominent artificial intelligence research organization. During the meeting, they discussed OpenAI’s latest AI solutions and the organization’s global initiatives to...
The United Arab Emirates has achieved the highest representation of women on public company boards in the Gulf Cooperation Council (GCC), reaching 14.8 percent as of January 2025. This figure translates to 185 out of 1,248 board seats, a significant rise from 10.8 percent in 2024, representing a 37 percent increase. According to the ‘GCC...
Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, has announced that it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This approval permits Circle to operate as a money services provider, marking a significant step toward obtaining a Financial...
Dubai has commenced awarding contracts for Al Maktoum International Airport, which is set to become the world’s largest airport upon completion. The airport is designed to accommodate a staggering capacity of 260 million travelers, a project approved by Sheikh Mohammed bin Rashid Al Maktoum, the Vice-President, Prime Minister of the UAE and Ruler of Dubai....
Peru and Saudi Arabia are working to strengthen their diplomatic and economic cooperation, despite their geographical distance. Elmer Schialer, Peru’s Minister of Foreign Affairs, emphasizes the potential for collaboration rooted in economic complementarity. Both nations share a vision for global integration, aiming to build bridges that enhance their mutual interests. Strategically positioned on the Pacific...
The Sharjah Executive Council (SEC) has announced new regulations for media activities in the emirate of Sharjah. This decision was made during a meeting on Tuesday, chaired by Sheikh Abdullah Bin Salem Bin Sultan Al Qasimi, the Deputy Ruler of Sharjah and Vice Chairman of the Council. The meeting took place at the Sharjah Ruler’s...
Marwan Saleh Alichla, the Director of the Investment Promotion and Support Department at the Sharjah FDI Office (Invest in Sharjah), announced the successful organization of the Sharjah-Mexico Business Forum. This event focused on exploring investment opportunities and services available to Mexican investors and business leaders in the Emirate. According to Sharjah24, Alichla highlighted that the...
Latifa bint Mohammed inaugurated the DIHAD 2025 Conference and Exhibition, which is held under the patronage of Mohammed bin Rashid. The event focuses on humanitarian assistance and aims to address key global challenges related to humanitarian aid. During the inauguration, the agenda for DIHAD 2044 was launched, highlighting five critical areas of focus. These areas...
The United Arab Emirates has announced that it will waive late registration fees associated with the corporate tax law. This decision is aimed at easing the financial burden on companies as they navigate the new tax regulations. To qualify for the waiver, companies must file their tax returns within seven months from the conclusion of...