The sun-drenched city of Dubai has long been a beacon for international business, and its bustling free zones serve as magnets for global companies seeking a strategic foothold in the Middle East. This week, news emerged that further solidifies Dubai’s reputation as a business haven: license renewals within the Dubai World Trade Centre Authority (DWTCA) […]
In a testament to Dubai’s global appeal as a hub for prestigious international events, Dubai Chambers has successfully attracted the world’s largest and most significant family business conference to the emirate. Partnering with Campden Wealth, Dubai Chambers is set to host the inaugural edition of the Campden Global Owners and Family Office Congress from 9th […]
Dubai, UAE – In a significant financial achievement, the Dubai government has announced a reduction of approximately Dh29 billion in its public debt by the end of this year. This accomplishment includes a partial settlement of Dh20 billion of a loan extended by the Abu Dhabi government and the Central Bank of the UAE. The […]
The Public Debt Management Office (PDMO) of the Government of Dubai’s Department of Finance (DOF) has announced a significant reduction of approximately AED 29 billion in Dubai’s public debt by the end of this year. This achievement comes within just a year and a half since the establishment of the office in 2022, marking a […]
Locals.org, the rapidly growing “real-life” social networking platform for entrepreneurs and aspiring individuals, has officially launched in the United Arab Emirates (UAE) after securing $11 million USD in seed funding. With over 200,000 entrepreneurs already on board, Locals.org offers a unique platform for connecting like-minded individuals based on shared interests, whether for business networking, sports, […]
Dr Sultan Al Jaber, the President-designate of Cop28 and Minister of Industry and Advanced Technology, unveiled a comprehensive plan based on four pillars aimed at driving significant progress in addressing climate change. Speaking at a climate meeting in Brussels, Dr Al Jaber emphasized the need for a “science-based, action-oriented” approach to disrupt business as usual […]
A recent emirate-wide survey conducted in Abu Dhabi has shed light on community sports trends, revealing that 37.3% of the 10,854 respondents met the physical activity recommendations and guidelines set by the World Health Organization (WHO). The WHO recommends at least 150 minutes of moderate-intensity or 75 minutes of vigorous-intensity physical activity per week.The Department […]
The United Arab Emirates (UAE) has extended a fresh loan of $1 billion to Pakistan, providing a much-needed boost as the International Monetary Fund (IMF) projects a significant rise in Pakistan’s external debt to $136.5 billion by the end of the fiscal year. This loan comes after the reopening of blocked financing pipelines, signifying an […]
Indian businesses and the education community in the United Arab Emirates (UAE) are eagerly awaiting the upcoming visit of Prime Minister Narendra Modi. Scheduled after his trip to France, this visit is expected to deepen the Comprehensive Strategic Partnership between India and the UAE, particularly in sectors such as energy, education, healthcare, food security, fintech, […]
The Ministry of Human Resources and Emiratisation (Mohre) in the UAE has issued a warning to residents regarding a scam message circulating in the region. The fraudulent document bears the logos of multiple government entities, including Mohre, and is titled “Legal notice from Ministry of Interior.” The message attempts to deceive recipients by requesting their […]
