In front of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, nine new judges at the Dubai Rental Disputes Center were sworn in at Zabeel Palace in Dubai. His Highness Sheikh Mohammed bin Rashid …
Read More »Abu Dhabi acquires half of the branches of foreign companies in the UAE
Until the end of last year 2022, the number of branches of foreign companies in the UAE reached approximately 2,722 branches, distributed over Abu Dhabi with a majority share of 49% (almost half) with 1,333 branches, and Dubai second with a share of 43% and with 1,178 branches. According to …
Read More »The Ministry of Interior: Transforming 107 services into digital by 100%
The Ministry of Interior revealed that more than 107 services have been automated at 100% of its services, some of which include the use of modern technologies such as artificial intelligence. For example, the employment of the most prominent artificial intelligence tools such as machine learning and computer vision in …
Read More »United Arab Bank records a net profit of 120.5 million dirhams for the first half
Sharjah, July 24 / The United Arab Bank recorded during the first half of this year a net profit of 120.5 million dirhams, compared to a net profit of 83.3 million dirhams in the same period of 2022, an annual increase of 45%. The growth in net profit comes as …
Read More »“Banks” led the UAE stock gains in the early week session
Market indices followed an upward trend after the mixed start at the opening of the Monday session, so that the Abu Dhabi market rose 0.67% at the level of 9694.26 points, while the Dubai market index rose 0.47% to 4005.32 points. Trading was active on the shares of “First Abu …
Read More »Abu Dhabi Marine and ADNOC Distribution cooperate in marine bunkering services
ABU DHABI, July 24 / Abu Dhabi Maritime, affiliated to the Abu Dhabi Ports Group, in cooperation with the Department of Municipalities and Transport in Abu Dhabi, concluded an agreement with ADNOC Distribution, which includes three main axes within the proposed areas, including the establishment of an ADNOC service station …
Read More »Director General of “Abu Dhabi Development”: The UAE is a pioneer in the field of development work and support for developing countries
Abu Dhabi, July 24 / His Excellency Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development, said that the distinguished presence of the UAE government delegation, including the Abu Dhabi Fund for Development, at the United Nations High-level Political Forum on Sustainable Development for the year …
Read More »The Head of State participates in the International Conference on Development and Migration in Rome
Rome, July 23 / His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, “may God protect him,” participated in the work of the “International Conference on Development and Migration,” which began its activities today in the Italian capital, Rome. The conference was opened by Her Excellency Giorga …
Read More »Family businesses drive Dubai’s economy and shape its economic model
Abdulaziz Al Ghurair: Providing an ideal environment that stimulates growth and sustainability Issa Kazem: Legal framework with the highest levels of global control 60% of companies’ contribution to the state’s output, 40% in Dubai 1 trillion dollars financial wealth in the UAE 2026 90% of private companies in the country …
Read More »Ruwad approves funding for three projects in Q2’23
SHARJAH, 23rd July, 2023 (WAM) The Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad), affiliated to the Sharjah Economic Development Department, has approved the financing of three projects after studying the feasibility of 15 requests for funding in various sectors between April and June. Sultan Abdullah bin Hadda Al Suwaidi, Chairman …
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