Recent Posts

UAE presents best models of friendship to the world

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister for Tolerance, said that the UAE, since its establishment by the late Sheikh Zayed bin Sultan Al Nahyan, presented leading models of friendship and community harmony to the world, with its various residents of many races, religions and cultures. He made his statement on the occasion of the annual ...

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AED1bn in wages transferred via WPS in 5 years

ABU DHABI / WAM Around AED1 billion worth of wages was transferred through UAE Wages Protection System (WPS) during the period from 2013 through 2017. According to CBUAE statistics, salaries transferred thro-ugh WPS has been on a rise over past five years, increasing from AED147 million in 2013 to AED170.6 million in 2014. In 2015, AED196 million worth of salaries ...

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Dafza cuts business set-up fees up to 65%

DUBAI / WAM Dubai Airport Freezone Authority (Dafza) has reduced business set-up cost by up to 65 percent, as part of its aim to increase its regional competitiveness and activate a number of key sectors by attracting Foreign Direct Investment (FDI). Supporting Dubai’s efforts to become an ideal destination for investment and prosperity, the decision will help achieve further stability ...

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