Dubai / WAM HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, today announced the launch of the region’s first ‘Virtual Company Licence’, allowing investors worldwide to do business in Dubai digitally without requiring residence and in accordance with the highest international legal standards. The announcement is aligned with the third Article of the 50-Year Charter ...
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UAE named ‘rising star of global trade’
Dubai / WAM UAE features among the top 10 markets that have rapidly improved their trade growth potential over the past decade, according to a new research from Standard Chartered, the Trade20 Index, which identifies the 20 rising stars of global trade. The Trade20 Index, which determined the potential of each market for trade growth over the past 10 years ...
Read More »UAE approves raising general federal budget by 2% for 2020
ABU DHABI / WAM The Financial and Economic Committee held its 40th meeting on Sunday at the Presidential Palace in Abu Dhabi. The meeting was chaired by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and was attended by HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential ...
Read More »Dubai FDI soars to AED46.6bn
DUBAI / WAM The Emirate of Dubai has witnessed exceptional growth during the first half of 2019, with foreign direct investments (FDIs), reaching a record-breaking AED46.6 billion, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, announced on Sunday. This new record represents a growth of 135 percent compared to ...
Read More »Cabinet adopts 10 resolutions on supporting Emiratisation
Abu Dhabi / WAM The UAE Cabinet adopted ten strategic resolutions to support Emiratisation on Sunday during a meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, at the Presidential Palace in Abu Dhabi. The new resolutions are part of the outcomes of the committee, chaired by H.H. Sheikh Mansour ...
Read More »Early voting for FNC elections on Oct 1
Abu Dhabi / WAM Early voting for the Federal National Council (FNC), election 2019, will take place from 1st to 3rd October at nine national polling stations, according to the National Elections Committee (NEC). Voting will begin on the national election day on October 5 at 39 polling stations nationwide. The NEC stated that voters can cast their votes at ...
Read More »ERC launches new development projects in the Philippines
Abu Dhabi / WAM The Emirates Red Crescent (ERC), announced the launch of new development aid projects in the Philippines, with a focus on the education and water aid sectors. An ERC delegation, led by Hamoud Abdullah Al Junaibi, Deputy Secretary-General of the ERC Marketing and Donations Collection Division, inaugurated the “Attaya School” in Manila, which has eight classrooms for 500 ...
Read More »UAE calls for fight against terror, extremist ideologies
New York / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, underlined the central importance of starting “the new decade by protecting the future of our region and the world … and continue to fight terrorist groups and extremist ideologies.†HH Sheikh Abdullah made the statements while delivering the UAE’s statement before ...
Read More »Sharjah opens up new cooperation with Seoul
Dubai / WAM The Sharjah Chamber of Commerce and Industry (SCCI), recently signed a Memorandum of Understanding (MoU) with Gyeonggi Business and Science Accelerator, South Korea, to improve cooperation between the two sides and establish partnerships for the benefit of businessmen and the economic sector in the emirate of Sharjah and Gyeonggi-do Province. The agreement is also aimed at strengthening the exchange ...
Read More »Hazza Al Mansoori conducts experiments aboard the ISS
Dubai / WAM Hazza Al Mansoori, the first Emirati astronaut, has shared a series of photos with the team at the Mohammed bin Rashid Space Centre (MBRSC), conducting an experiment on bone status indexes, body composition, and endocrine regulation in astronauts. This experiment on Osteology is conducted in cooperation with the Russian Space Agency Roscosmos. The pictures show Al Mansoori and ...
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