Local News

Sharjah’s emerging prospects to European investors highlighted

Sharjah / Emirates Business The Sharjah FDI Office (Invest in Sharjah), an affiliate of the Sharjah Investment and Development Authority (Shurooq) organised a Sharjah – Europe Business Roundtable, at the Sharjah Chamber of Commerce and Industry, to explore interests with six European business councils based in the UAE, and to introduce emerging prospects in a variety of sectors attractive to ...

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AED2.5mn worth of fake products seized in Dubai

DUBAI / WAM The Dubai Police General HQ confiscated nearly 25,560 counterfeit fire prevention products worth AED2.5 million, during an anti-counterfeit campaign of the Department of Combating Economic Crimes of the General Department of Criminal investigations at the Dubai Police. The campaign was carried out in partnership with Underwriters Laboratories, UL, the Middle East, a technology security company, and Ten ...

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UAE pledges AED184mn to support Comoros

PARIS / WAM The UAE pledged to donate AED184 million ($50 million) of development support, in addition to a previous amount of AED184 million ($50 million) allocated this year by the Abu Dhabi Fund for Development (ADFD), to support development projects in the Comoros. The UAE made this announcement during its participation in the “Donors’ Conference in Support of the ...

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UAE advances eight points in mathematics skills

DUBAI / WAM The Ministry of Education (MoE), announced that the UAE advanced eight points in mathematics skills, according to the results of the recent edition of the Programme for International Student Assessment (PISA), 2018, which were officially announced for the participating countries at the Organisation for Economic Co-operation and Development (OECD), headquarters in Paris. The United Arab Emirates achieved ...

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The UAE is with Saudi Arabia with heart, soul: Mohamed

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and HRH Prince Mohammed bin Salman bin Abdul Aziz, Saudi Arabia’s Crown Prince, Deputy Prime Minister and Minister of Defence, have presided over the second meeting of the Saudi-Emirati Coordination Council in Abu Dhabi ...

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MoE launches new plan to back innovative firms

DUBAI / WAM The Ministry of Economy (MoE) launched a new plan to develop National Programme to Support Young Innovative Companies to stimulate national entrepreneurship and increase the number of projects in line with the country’s innovation standards. The plan, developed by the National Programme for SMEs, in MoE, was launched in cooperation with its partners, including 15 federal and ...

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‘Expansion on excise tax from December 1’

ABU DHABI / WAM The Federal Tax Authority (FTA), is finalising its preparations to implement Cabinet Decision No. (52) of 2019 on excise goods, excise tax rates, and the methods of calculating excise price, which comes into force on December 1. The decision was taken to expand the scope of Excise Tax to include sweetened drinks, electronic smoking devices and ...

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Saudi Crown Prince arrives in UAE

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defence of Saudi Arabia, who arrived in the country on Wednesday for a two-day ...

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Mohammed waives AED173m outstanding home loans of Emiratis

DUBAI / WAM In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has ordered the Department of Finance to waive outstanding home loans worth AED173 million of Emiratis in Abu Hail area in Deira. The announcement was made on the occasion of the UAE’s 48th National ...

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Emirates all set to operate historic National Day flight

DUBAI / Emirates Business Underscoring its mission to bring the world together, Emirates has rolled out its A380 dressed in the striking ‘Year of Tolerance’ livery from its Engineering Centre, ready to take-off for the historic one-off EK 2019 flight on November 29 that will bring together the diverse, multi-cultural communities of the UAE. The vibrant ‘Year of Tolerance’ livery ...

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