The Sharjah Consultative Council will hold its seventh session this Thursday to discuss a draft law on corporate tax for natural resources in the emirate. The meeting will take place at the Council’s headquarters under the leadership of its Chairman, Dr. Abdullah Belhaif Al Nuaimi. The session will begin with the approval of the minutes...
The second Khorfakkan Marine Festival concluded on January 5, 2025, after ten vibrant days of activities held from December 27, 2024, to January 5, 2025. Organised by the Sharjah International Marine Sports Club (SIMSC), the event attracted more than 70,000 visitors, offering a unique blend of maritime heritage, culture, and entertainment, according to WAM. Khalid...
Dubai is gearing up to host the 17th edition of Arab Plast, the largest trade exhibition for the plastics, petrochemicals, recycling, packaging, and rubber industries in the Middle East and North Africa. Starting tomorrow, January 7, at the Dubai International Convention and Exhibition Centre, the event will run until January 9, welcoming over 750 exhibitors...
Abu Dhabi has introduced the Abu Dhabi Registration and Licensing Authority (ADRA) to enhance the emirate’s business environment. The new authority, launched on Monday, aims to regulate business activities, streamline licensing, and support compliance with applicable laws across Abu Dhabi and its non-financial free zones. ADRA was established following a resolution from the Abu Dhabi...
His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, hosted His Excellency Dr. Abdulla Khalil, the Foreign Minister of the Maldives, in Abu Dhabi today. The leaders discussed ways to deepen relations between the two countries, focusing on areas such as the economy, trade, investment, renewable energy,...
Two major agreements have been signed between the Ministry of Higher Education and Scientific Research (MoHESR) and Dubai’s Knowledge and Human Development Authority (KHDA) to support scholarship students and strengthen the accreditation process for higher education institutions in Dubai. The first agreement is focused on the Hamdan Bin Mohammed Scholarship Programme, which selects 100 top-performing...
The UAE’s Ministerial Development Council, led by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, convened at Qasr Al Watan to discuss updates on key national agendas and policies, according to the Emirates News Agency (WAM). The meeting addressed several critical areas, including policies...
The UAE marked a major milestone in 2024 by surpassing one million annual air traffic movements, as confirmed by the General Civil Aviation Authority (GCAA). The record was achieved on December 22 with the arrival of Emirates Flight 305 from Shanghai. This achievement highlights a 10.3% growth in air traffic compared to 2023. As reported...
Mashreq Bank has completed the sale of a majority stake in its digital payments platform, Neopay, for $385 million. A consortium formed by Turkey-based DgPays and Bahrain’s Arcapita Group Holdings Limited led the acquisition. While the majority stake is now owned by the consortium, Mashreq still holds a significant minority share. The bank emphasized its...
Dubai’s office property market is witnessing remarkable activity, with waiting lists for premium spaces growing rapidly. According to Gulf News, Indialand Group, led by founder Harish Fabiani, has made significant moves with a series of major acquisitions in the city. Just days after purchasing the Thuraya Telecommunications Tower in Barsha for Dh160 million, Fabiani acquired...