The Ministry of Human Resources and Emiratisation announced that the period from the first to the third of December 2022 will be an official paid holiday for all workers in the private sector in the UAE on the occasion of “Martyr’s Day” and the 51st National Day. This came in …
Read More »“Americana Restaurants” raises the percentage of the individual segment in the UAE to 10%, reduces the shares available for qualified institutions to 80% of the total offering
Americana International Restaurants Company announced an increase in the number of shares available to individual investors in the UAE in its initial public offering from 5% to 10% of the total offering shares, to become similar to the percentage of individual investors in the Kingdom of Saudi Arabia. There is …
Read More »What do you know about the virtual trade license in the UAE?
As a foreign investor not residing in the UAE, you can apply from anywhere outside the UAE, to obtain an Abu Dhabi virtual license, as well as the Dubai Virtual Commercial Zone, which allows you to do business in the Emirates of Abu Dhabi and Dubai from outside the UAE, …
Read More »Gold is rising due to the decline in the dollar
Gold prices rose on Friday, due to the decline in the US dollar, but it is still heading towards incurring its first weekly loss in three weeks, affected by indications from officials of the Federal Reserve (the US central bank) that more interest rate hikes are on the way. By …
Read More »Abu Dhabi Ports acquires Twatom Logistics for 2.5 billion dirhams
Abu Dhabi Ports Group announced on Friday that it has acquired Noatum, the global platform for integrated logistics services spread in 26 countries, which in the last twelve months achieved revenues of 6.91 billion dirhams and profits before interest, taxes, depreciation and amortization amounted to 555 million dirhams. The total …
Read More »UAE newspaper editorials
Abu Dhabi on November 18/ The local newspapers issued this morning, in their editorials, focused on the participation of the Emirates, the Sultanate of Oman, in its celebrations of its 52nd National Day, which is an embodiment of the depth of the brotherly relations and the distinguished strategic partnership between …
Read More »The President and Vice President congratulate the Sultan of Oman on the National Day
Abu Dhabi on November 18 His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the State, may God protect him, sent a congratulatory message to his brother, His Majesty Sultan Haitham bin Tariq, the sisterly Sultan of Oman, on the occasion of the glorious 52nd National Day. His …
Read More »Mohammed bin Rashid: Qatar’s hosting of the World Cup is an achievement and a Gulf pride
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, described Qatar’s hosting of the 2022 World Cup as a Qatari achievement, Gulf pride, and a historic milestone for all Arabs. His Highness added that all …
Read More »Sultan inaugurates Victoria International School in Kalba See the teaching mechanism in different classes
His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated on Thursday morning the Victoria International School in Kalba, located in the Al Ghayl region. Upon his arrival, His Highness, the Ruler of Sharjah, removed the traditional curtain, and then toured the school, …
Read More »“Emirates Sharia Fatwa” organizes a symposium “Bridges Towards International Peace”
Allama Sheikh Abdullah bin Bayh, Chairman of the Emirates Council for Sharia Fatwa, attended an international symposium organized by the Council, with the participation of 42 muftis representing various centers, roles and institutions of fatwas in the world. The symposium dealt with the importance of the role played by fatwa …
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