UAE

Abu Dhabi March 31, 2020 WAM The Department of Economic Development – Abu Dhabi issued a decision to issue licenses to practice free business activities / Freelance / for 52 commercial activities, allowing citizens of the UAE to practice specific professions and activities in a professional manner and in a …

ABU DHABI, 25th March, 2020 (WAM) His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Executive Council of Abu Dhabi, has issued a decision appointing Tariq Bin Hendi as the Director-General of the …

ABU DHABI, 25th March 2020 (WAM) The Abu Dhabi Government has unveiled a comprehensive package of financial incentives, in line with the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu …

ABU DHABI, 26th March, 2020 (WAM)  The Central Bank of the UAE, CBUAE, has directed banks to replenish ATMs with new banknotes of all denominations and to ensure the availability during the salary payment cycle this month. According to a press release issued by CBUAE, the move is in line …

ABU DHABI, 18th March, 2020 (WAM) Driven by the latest incentive stimulus packages, and the recent decision to set a 5 percent decline limit, UAE stocks gained AED12.5 bn in market cap by the end of Wednesday’s session. The improved investor sentiments following the recent stimulation decisions to prop up …

ABU DHABI,18th March, 2020 (WAM) Khalifa Industrial Zone Abu Dhabi, KIZAD, a subsidiary of Abu Dhabi Ports, today announced that it has implemented the 25 percent reduction in land lease tariff for new contracts as announced by Abu Dhabi Executive Council. The tariff reduction will help companies setting up in …

Abu Dhabi, 14th March, 2020 (WAM) The Central Bank of the UAE, CBUAE, has launched an AED100 billion comprehensive targeted economic support scheme for retail and corporate customers affected by COVID-19. These measures will enter into force with immediate effect, according to a CBUAE statement issued Saturday. “Given that the …

SHARJAH, 9th March, 2020 (WAM) Air Arabia has announced that it is offering more flexibility to its customers by introducing a new modification fee waiver policy in light of the current travel restrictions and to allow customers the choice of changing travel dates. According to a press release issued by …

DUBAI, 1st March, 2020 (WAM) The gold and jewellery market, which is among the pillars of Dubai’s reputation as a global retail hub and shopping destination, continues to enjoy consumer confidence and remain a leading economic activity in the emirate. Efforts by the Commercial Compliance and Consumer Protection, CCCP, sector …

DUBAI, 1st March, 2020 (WAM) In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. 09 of 2020 on the Board of Directors of Dubai World. Under the chairmanship of H.H. Sheikh Ahmed bin …