News

Dubai / Emirates Business The UAE has moved ahead of other regional and overseas destinations in positioning itself as a hub for investment and international talent, say legal experts. The introduction of a long-term visa system for investors, entrepreneurs, specialised talents, and researchers has been warmly received by business analysts, and STA Law Firm says the initiative can deliver even ...

Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, said that His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, is a leader of sublime vision and man of principles, who sets an example to be followed for wisdom and loyalty to one’s homeland. ...

Dubai / Emirates Business Dubai Land Department (DLD) recorded an unprecedented growth in the last ten days of 2018. HE Sultan Butti bin Mejren, Director General of DLD, stressed that Dubai’s real estate market recorded a high-transaction volume during the last ten days of 2018 with a value of over AED 19 billion through 2,081 transactions. Bin Mejren affirmed that ...

Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, said that Monday marks the conclusion of the ‘Year of Zayed’ and the nation’s celebration of 50 years of inspiring leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. ...

Abu Dhabi / WAM His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and Chairman of the Abu Dhabi Sports Council, said that His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has succeeded over ...

Sharjah / WAM Sharjah SME (RUWAD) in cooperation with the Sharjah Education Council, have launched the “Business Stars” initiative, which empowers school and university students and encourages them to take part in the business investment experience. The initiative was inaugurated by Dr. Saeed Musbah al Kaabi, Chairman of Sharjah Education Council, and Abdullah Musabah Al Tunaiji, Board Member of RUWAD. ...

Bloomberg Japanese prosecutors extended Carlos Ghosn’s stay in jail for 10 more days, another setback for the fallen auto executive who has sought bail to start mounting his defense in the case that has shocked the global car industry. A Tokyo court approved the extension of detention until January 11, The Foreign Press in Japan said in a statement on ...

Bloomberg China has approved 80 new video game titles in the first batch of licenses granted by the media regulator after the end of a nine-month freeze. The initial games were mostly local, mobile titles and didn’t include any from industry giants Tencent Holdings Ltd. or Netease Inc. The notice of approvals was posted online by the State Administration of ...

Bloomberg Chinese companies spent far less on German firms in the second half of this year as Chancellor Angela Merkel’s government moved to tighten its grip on foreign investment, according to data compiled by business services provider Ernst & Young. Chinese investment in German takeovers or in stakes in German companies plunged to $311 million during the period from almost ...

Bloomberg Tesla Inc. is getting ready to break ground on its factory and Chief Executive Officer Elon Musk can’t wait to visit. “Looking forward to visiting soon for the groundbreaking of Gigafactory Shanghai,” Musk wrote in a tweet. He didn’t provide a date for the visit. The China plant would be a significant milestone for the battery-car manufacturer as it ...