The UAE is making strides in solar energy, cementing its role as a leader in renewable energy on the global stage. With substantial investments in solar power projects, the country continues to advance its sustainability agenda and target of achieving climate neutrality by 2050, as highlighted by the Emirates News Agency (WAM). The UAE currently...
Dubai has announced future locations for drone delivery services throughout the emirate, aiming to utilize advanced technologies to alleviate traffic congestion and enhance convenience for its residents. In December 2024, four delivery routes were introduced at Dubai Silicon Oasis, marking the launch of the Middle East’s first drone delivery service. The Dubai Civil Aviation Authority...
Experts in the UAE foresee a significant rise in the use of cryptocurrency for everyday transactions, including buying coffee and paying for petrol. According to Khaleej Times, Mohammed Al Hakim, president of Crypto.com, stated that within the next two years, many business owners, restaurant operators, and high-net-worth individuals are likely to favor cryptocurrency as a...
A high-level UAE delegation, led by Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure and Special Envoy of H.H. the Minister of Foreign Affairs, recently visited Indonesia to discuss ways to deepen cooperation between the two nations. The official visit, which took place from January 29 to February 1, aimed to strengthen the...
The Federal Tax Authority (FTA) has called on natural persons conducting business in the UAE to register for Corporate Tax by March 31, 2025, to avoid penalties. The authority highlighted that failing to meet this deadline would result in an administrative fine of AED10,000. According to the FTA, a natural person, defined as any living...
The UAE Golden Visa is a long-term residency option offering expats a chance to live, work, and study in the country without the need for a sponsor or employer. With a validity of up to 10 years, it is renewable and provides unique benefits, making it one of the most attractive permits for residents, investors,...
Emirati billionaire Khalaf Ahmad Al Habtoor has announced he is halting his investments in Lebanon, citing personal safety concerns and the country’s ongoing instability. Speaking to Reuters, Al Habtoor revealed that he had been threatened with being “slaughtered and killed” last year, a threat that pushed him to abandon plans for a media venture in...
Dubai World Trade Centre (DWTC) has unveiled its February calendar, promising a vibrant month of events at its prestigious venues, including the Dubai International Conference and Exhibition Centre (DICEC) and Dubai Exhibition Centre (DEC) in Expo City. The schedule features 12 major events spanning diverse industries, reinforcing Dubai’s position as a global hub for business,...
In a notable real estate transaction, Select Group has acquired the Radisson Blu Hotel in Dubai Media City for over AED200 million. Knight Frank MENA, led by Andrew Love, brokered the sale, marking the highest recorded hotel deal in Dubai’s Media Free Zone. The hotel, surrounded by corporate giants like META, Pfizer, and Samsung, is...
Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, officially opened the 13th Sikka Art & Design Festival at Al Shindagha Historic District. The festival, organized by Dubai Culture, is set to run until February 9 and showcases over 350 artworks and installations, alongside live performances, workshops,...