Local News

Dubai / Emirates Business The varied initiatives launched by Dubai Land Department (DLD) share several common factors, including promoting a culture of creativity and innovation among all parties involved in the real estate sector. This objective is evident in the many innovative applications designed to serve DLD’s customers, ensure their comfort and prevent wasting their time, and showcase DLD’s commitment ...

DUBAI / WAM Digital consumption in the Middle East and North Africa region is growing at one of the fastest paces in the world, driven by a large population, fast-improving mobile connectivity and a flood of new streaming platforms in the market, according to an EY report commissioned by the Dubai World Trade Centre (DWTC). The report was published ahead ...

Abu Dhabi / Emirates Business The UAE Research Program for Rain Enhancement Science will hold an award ceremony on the sidelines of Abu Dhabi Sustainability Week (ADSW) to announce its Third Cycle awardees. The Program will also host its Second International Forum on Rain Enhancement Science that provides a platform for the exchange of ideas related to the development of ...

Dubai / Emirates Business The Federal Tax Authority (FTA), has clarified the import procedures for non-registered businesses, adopting the e-Dirham system for payments and e-Guarantee to provide guarantees, in order to ease processes for non-registered importers. Non-registered businesses wishing to import, are required to follow standard customs procedures and pay VAT in one of the following methods: By completing a ...

ABU DHABI / WAM The Zayed Volunteers Humanitarian Hospital opened in Cox’s Bazar, Bangladesh, as part of a programme by the Zayed Giving Initiative to treat children and elderly Rohingya refugees. The United Arab Emirates is the first Arab country to set up a field hospital to serve Rohingya refugees under the supervision of a UAE-Bangladesh volunteer medical team. This ...

Bloomberg Emirates, the world’s largest airline by international passengers, is talking to banks about raising as much as $1 billion through an Islamic bond sale that could happen in the first half, people familiar with the matter said. The Dubai government-owned carrier joins a list of regional issuers seeking funding from international debt markets before higher US interest rates push ...

ABU DHABI / Reuters Abu Dhabi has invited international firms to express interest in building one of the world’s biggest water desalination plants as the capital of the United Arab Emirates boosts capacity to meet rising demand, a senior official said on Wednesday. The project, estimated to cost between $600 million and $1.2 billion, will have capacity of 200 million ...

DUBAI / Emirates Business HH Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Airport Freezone Authority (Dafza), inaugurated Swiss luxury goods group Richemont’s new operations centre, the latest and most advanced facility in Dafza. The Richemont Operations Center is a pioneering project, as for the first time, Dafza has purpose-built a facility based on a client’s specific requirements. The ...

Abu Dhabi / WAM The Zayed Future Energy Prize has officially set a Guinness World Record title for the ‘Largest Environmental Sustainability Lesson’, it was announced on Wednesday. A total of 282 students from across the UAE took part in the sustainability-themed lesson at the Ritz-Carlton Abu Dhabi, presented by Illac Angelo Diaz, Executive Director of Liter of Light, the ...

Dubai / WAM Following a recent meeting with the UAE Ambassador to India, Dr. Ahmed Al Banna, the PHD – Punjab and Haryana – Chamber of Commerce has decided to create a ‘ginger group’ of influential Indians from all walks of life to act as catalysts in deepening economic relations between India and the UAE. K. V. Rajan, Convener of ...