UAE pledges to invest $10bn in South Africa

AGENCIES The UAE intends to invest as much as $10 billion in South Africa’s economy, with a focus on key sectors such as tourism and mining among others, to support the sustainable development of the country. The commitment was made during the first state visit by South African President Cyril Ramaphosa to the Middle Eastern nation, the Presidency said in ...

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FTA says ‘VAT refund system’ in final stages

ABU DHABI / WAM The Cabinet Decision to implement a system that returns Value Added Tax (VAT) to tourists will cement the UAE’s status as a premier global tourist destination, asserted the Federal Tax Authority (FTA). In a press statement issued on Saturday, the authority explained that the Cabinet Decision has set clear standards branded with transparency and accuracy in ...

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VP, Mohamed welcome China president’s upcoming visit

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have welcomed the milestone visit of President Xi Jinping of China, at the head of ...

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Preparations for second Aqdar World Summit underway

ABU DHABI / WAM The heads of organising committees of the Aqdar World Summit have met to discuss preparations and agendas for the second summit, to be held from November 26-28, in Abu Dhabi, under the theme, “Role of Human Empowerment in Developing Stable Societies: Sustainable Development.” The meeting, chaired by Dr Abdullah Al Raisi, Chairman of the Scientific Committee ...

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DCT Abu Dhabi organises promo event for UK media

ABU DHABI / Emirates Business The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) organised a media event in London for British travel and lifestyle journalists, to promote the emirate, boost media coverage in the UK market and to increase interest in press trips to the UAE capital. A presentation about Abu Dhabi’s offerings and latest news ...

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DLD, Dubai Properties partner to back realty sector

Dubai / Emirates Business Dubai Land Department (DLD) announced a strategic partnership with Dubai Properties (DP), a member of Dubai Holding, to promote Dubai’s real estate sector. The agreement was signed by HE Sultan Butti bin Mejren, Director General of DLD, and Raed Al Nuaimi, Group Chief Executive Officer of Dubai Properties. Under the collaboration, Dubai Properties will support DLD’s ...

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ADP operations room received 1.5 million calls in 6 months

ABU DHABI / WAM The central operations room at the Abu Dhabi Police (ADP) GHQ received 1,450,594 calls during the first half of this year, through the emergency number 999. Colonel Nasser Sulaiman Al Maskari, Director of Operations, said that Abu Dhabi Police’s Command and Control Centre is fully ready and equipped with highly trained professionals and advanced communication systems ...

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Shams, Emirates Creative Society sign agreement to nurture creative talent

SHARJAH / WAM Sharjah Media City (Shams), announced that it has signed a Memorandum of Understanding (MoU), with the Emirates Creative Society to establish a long-term partnership to offer innovative training programmes and workshops for creatives in the UAE. The MoU’s primary goal is to contribute to sustainable development by attracting and nurturing creative talent from all media-related fields with ...

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Emirates opens $3.6mn airport lounge in Cairo

Cairo / Emirates Business Emirates unveiled its 42nd dedicated lounge across its global network at Cairo International Airport (CAI). The lounge is now open to Emirates First Class and Business Class customers as well as Platinum and Gold members of Skywards, the airline’s loyalty programme. Reflecting the airline’s ongoing commitment to Egypt, the Emirates Lounge in Cairo represents a $ ...

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UAE a key Middle East stop along Silk Road

Abu Dhabi / WAM The UAE is undisputedly the most important stop on China’s 21st Century Maritime Silk Road Initiative, thanks to its world-class infrastructure and the top rankings in the world’s quality indices. The Industrial and Commercial Bank of China, one of the largest financial establishments in the world with estimated assets of $2.3 trillion, has already set its ...

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