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UAE grants citizenship to investors, professionals and special talents

Dubai / WAM The UAE has approved amendments to the Executive Regulation of the Federal Law concerning Nationality and Passports allowing investors, professionals, special talents and their families to acquire Emirati nationality and passport under certain conditions. The step aims at appreciating the talents and competencies present in the UAE and attracting more bright minds to the Emirati community in ...

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World Bank commits $12b for Covid-19 vaccinations in Africa

Bloomberg The World Bank has committed $12 billion to African countries to support vaccination programs across a continent that hasn’t been able to keep pace with developed nations’ rollouts. The World Bank money will be in the form of grants or on “highly concessional terms,” said David Malpass, president of the World Bank, in a statement following a virtual meeting ...

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Dubai-Israel trade hits AED1b in five months

Dubai / WAM Dubai’s trade with Israel in the last five months (Sep 2020 -Jan 2021) reached a value of AED1 billion and a volume of 6.217k tonnes, according to Dubai Customs statistics. Of this, imports were valued at AED325 million (718 tonnes), exports at AED607million (5.4k tonnes), and transit trade at AED98.7million (52.4 tonnes). Sultan bin Sulayem believes opening ...

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