Sheikh Mohamed bin Zayed

Sheikh Mohamed bin Zayed elected President of the UAE

Sheikh Mohamed bin Zayed, Ruler of Abu Dhabi, has been elected the country's president. The official announcement followed a meeting in Abu Dhabi of the rulers of the Emirates. He becomes the third president in the UAE's history, following the death of Sheikh Khalifa on Friday. State news agency Wam reported the decision by the Federal Supreme Council, which comprises the rulers of which...

UAE President Sheikh Khalifa bin Zayed passes away

UAE President Sheikh Khalifa bin Zayed passes away

Abu Dhabi: President His Highness Sheikh Khalifa bin Zayed Al Nahyan has passed away on Friday, May 13, the Emirates News Agency (WAM) reported. In a statement issued today, the Ministry of Presidential Affairs announced the death of Sheikh Khalifa. “The Ministry of Presidential Affairs mourns the death of the nation’s President His Highness Sheikh Khalifa bin Zayed Al Nahyan,” the statement...

Golden visa

UAE investor residency visa changes, Golden residency visa

Golden Residency visa Substantial amendments are introduced to the Golden Residence Scheme to simplify the eligibility criteria and expand the categories of beneficiaries. This long-term 10-year residence is granted to investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers and frontline heroes. The amendments allow the...

expo 2020

Emiratis account for almost 30 per cent of all Expo employees

Emirati citizens accounted for nearly one-third of the total number of employees of Expo 2020 Dubai. This was due to the many initiatives aimed at empowering Emirati citizens and improving their overall skills as part of the country’s overall Emiratisation efforts. Emirati citizens comprised some 30 percent of all employees of Expo 2020 Dubai, with 248 working in operations while 35 percent worked...

DUBAI OPERA, DOWNTOWN DUBAI

Dubai’s off-plan sales surge on steep ROI spike

Dubai continuing to grow its reputation as a hub for international business, more and more new home buyers and investors are switching on to the extensive benefits on offer in the emirate’s real estate market Off-plan investment opportunities in Dubai are now attracting “generational interest” with rental returns recording the steepest increase since 2014, property pundits say. Investors can...

Al Arabiya

Dubai home sales surge in February as demand persists

According to a recent research, Dubai's real estate continued to rise in February as investors and end-users looked for the finest purchase possibilities for residential properties on long-term lease. The ValuStrat Price Index (VPI), which reached 78.1 points in February – 21.9 percent lower than the 100-point index base of January 2014 – saw a consistent price increase of just over 1% due to...

expo 2020

At Expo 2020 Dubai, 100 grooms were married in the first ever mass wedding

Part of the UAE's 'Fazaa' project, which strives to revitalize the country's social customs and culture. A mass traditional wedding was held at Expo 2020 Dubai on March 11 under the patronage of the Ministry of Interior, Fazaa Social Security Fund. His Highness General Sheikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior (MOI), attended the event, congratulating 100 grooms...

law

Everything you need to know about virtual assets and restrictions under the new Dubai law

Dubai approved the Virtual Asset Regulation Law on Wednesday to regulate this new-age business, which has been rapidly increasing. As this new business develops, the local market has witnessed a slew of local and international entrepreneurs and investors build digital assets in recent years. Because this industry is not fully regulated around the world, here are some guidelines that local investors and...

business

Dubai: Business conditions in the non-oil industry have improved dramatically

According to the latest PMI survey data, Dubai-based non-oil enterprises reported a sharper rebound in business conditions in February, following the Omicron wave of the Covid-19 pandemic caused a new slowdown in demand at the start of the year. Business activity grew at a rapid pace, although input price constraints eased. However, employment grew only slightly, and businesses continued to stress...

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