Local News

DUBAI / WAM Emirates Islamic has launched Fractional Sukuk, an innovative new product catering to investors. The exclusive offering grants customers access to international Sukuk markets with a minimum investment as low as $25,000. The international Sukuk market typically requires a minimum investment of $200,000, posing a challenge for retail investors seeking exposure to Sukuk markets. Investors interested in accessing ...

DUBAI/ WAM The Mohammed bin Rashid Centre for Government Innovation (MBRCGI) honoured the winners of the fourth cycle of Pitch@Gov, organised in partnership with the Mohammed bin Rashid Innovation Fund (MBRIF). The two projects are Rashid Al Zaabi’s “Katateeb” project on family values in the Internet age challenge and Aminata Ndiaye’s “Takkul” project on sustainability in digital transformation. “Katateeb” is ...

ABU DHABI / WAM CABSAT 2024, the Middle East’s flagship event for content, broadcast, satellite, media, and entertainment, will be held from May 21 to 23 at the Dubai World Trade Centre. CABSAT 2024 will provide participants with the opportunity to learn about the latest developments in global media, entertainment, and technology industries, especially during this year’s Content Congress and ...

ABU DHABI / WAM The UAE has initiated a transformative fiscal policy with the introduction of a federal corporate tax, aiming to cement its economic future’s resilience and prosperity. This strategic policy shift, outlined in Federal Decree-Law No. (47) of 2022, aligns with international tax standards and best practices, further solidifying the UAE’s stature as a competitive global financial and ...

ABU DHABI / WAM The remote work system in the United Arab Emirates (UAE) has become a safety valve contributing to the preservation of the safety of society members and enabling them to perform their daily tasks and duties with ease and convenience. Due to the weather conditions witnessed by the country, the UAE has implemented the remote work system ...

ABU DHABI / WAM Abu Dhabi has secured its place within the top 25 maritime cities worldwide, jumpingan impressive 10 spots since 2022, ranking 22, the highest jump among all cities, according to the prestigious 2024 Leading Maritime City (LMC) Report, unveiled in Singapore. The LMC report, a bi-annual benchmarking study jointly produced by DNV and Menon Economics, assesses the ...

DUBAI / WAM Dubai is set to host the ACRES Real Estate Exhibition from May 16-19 at the Dubai World Trade Centre. Launched in strategic partnership with the Sharjah Chamber of Commerce and Industry (SCCI) and Sharjah Real Estate Registration Department (SRERD) and sponsored by the Department of Land and Real Estate Regulation in Ajman, ACRES stands out as an ...

ABU DHABI / WAM The United Arab Emirates and Ukraine have finalised the terms of a Comprehensive Economic Partnership Agreement (CEPA) between the two nations, the latest milestone in the UAE’s efforts to elevate the value of non-oil foreign trade to AED4 trillion by 2031. The conclusion of negotiations was confirmed with the signing of a joint statement by Dr ...

ABU DHABI / WAM The Environment, Health, and Safety Department of the Abu Dhabi City Municipality celebrated the World Day for Safety and Health at Work to promote responsible behaviour and foster a culture of safety among workers at construction sites. This initiative underscores the municipality’s unwavering commitment to upholding the highest international standards in construction site safety. It involves ...

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) said that an insured individual is allowed to legally retire and receive a pension if the retirement criteria have been fulfilled. As part of the “Know Your Law” awareness campaign launched at the beginning of the year, the GPSSA reviewed pension entitlement cases in Article 13 of Law ...