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Emirates Islamic launches Fractional Sukuk for investors

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 ...

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‘Katateeb’ and ‘Takkul’ win Fourth cycle of ‘Pitch@Gov’

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 ...

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CABSAT 2024 to highlight new media advancements, satellite technology

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 ...

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UAE corporate tax to bolster economic future

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 ...

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UAE’s Remote Work System: A pillar of safety and efficiency amid changing work dynamics

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 ...

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Abu Dhabi leaps 10 spots in 2024 Leading Maritime City Report

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 ...

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Abu Dhabi Municipality marks World Day for Safety and Health at Work

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 ...

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Seven conditions related to pension disbursements in Law No. 57 of 2023: GPSSA

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 ...

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