#UAE

Housing programme _ Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai image credit: Dubai Media Office

Sheikh Mohammed approves Dhs1.6bn in housing loans

Housing loans for 2,000 Emiratis were approved under the Sheikh Zayed Housing Programme

Hakuto mission mapped image credit ispace

HAKUTO-R lunar mission results announced, here’s what happened

The analysis reveals that the cause of the lander’s failure to make a soft landing was due to the software, especially in the phase just prior to landing

Public cloud

Public cloud’s contribution to UAE economy could reach $181bn by 2033 – report

Amazon Web Services commissioned a study to provide an econometrical method for calculating the aggregate productivity gains realised by economies that adopt cloud computing

Ministry of Interior

Ministry of Interior, Etihad Rail ink MoU on strategic cooperation and coordination

Under the MoU, the two parties will work towards enhancing readiness to confront security risks and threats, improving security and safety measures and strengthening civil protection

UAE announces fund to support restoration of heritage projects in Africa Photo credit WAM

UAE to fund world heritage restoration, rehabilitation projects in Africa

These projects will be implemented in cooperation with local governments, alongside local and international partners

Magic5 Pro

Honor unveils Magic5 Pro, Magic Vs flagship smartphones in the UAE

The Magic series will be available for pre-order starting May 25 until June 1

Sultan AlNeyadi with other crew members

UAE astronaut Sultan Al Neyadi celebrates birthday in space

Al Neyadi has been in space for almost three months and during this period he has performed a historic spacewalk and carried out several scientific investigations

ASUS Zenbook S 13 OLED

Redefining Mobility: Introducing the astonishingly lightweight ASUS Zenbook S 13 OLED

Unmatched portability at 1cm thin and 1kg light

Sheikh Mohammed

Sheikh Mohammed approves 78 environmental initiatives ahead of COP28

It includes national strategies to reduce carbon and regulate the use of solar energy products, sustainable tourism and other initiatives

AD Ports Group, Vale to jointly develop low-carbon mega hub for steel industry photo WAM AD Ports

AD Ports Group, Vale to develop low-carbon mega hub for steel industry

Land and related services from KEZAD will be allocated for the ‘Mega Hub’, in addition to the development and management of a high-tech handling facility at Khalifa Port

Construction uae saudi arabia

Construction boom: UAE, Saudi Arabia expect surge in project numbers and values, says report

Majority of construction decision makers in the two countries are confident about the market conditions over the next 12 months

UAE Minister of State for foreign trade Dr Thani bin Ahmed Al Zeyoudi

UAE, Malaysia agree to launch CEPA negotiations

The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force

Etihad Rail and Uber sign MoU photo credit Uber

Etihad Rail, Uber sign MoU to jointly bolster integrated mobility services

The companies will look at integrating e-hailing services and explore the possibility of creating an Uber dedicated pickup and drop-off area for passengers within stations

insurance company

CBUAE removes board of directors of insurance company

It is replaced it with a temporary committee of experts for six months

MoF issues Ministerial decisions related to corporate tax Photo WAM

UAE corporate tax: MoF issues 3 new ministerial decisions

According to the ministry, the three new decisions aim to enhance the flexibility of UAE’s corporate tax regime and ensure a supportive business environment for all sectors

uae national day holiday

UAE foreign ministry announces name change

The authority will now be known as the Ministry of Foreign Affairs

UAE Weather rain

UAE weather: Rain hits parts of the country; Orange alert raised

Residents are advised to take precautions and avoid flooded areas for their safety

Israel consul general Liron Zaslansky with Ian Fairservice, Managing Partner & Group Editor-in-Chief of Motiva

Strengthening the UAE-Israel partnership

H.E Liron Zaslansky, Consul General of Israel in Dubai shares her thoughts on the strong relationship between the two states and avenues for further growth

UAE, Italy strengthen economic partnership

UAE, Italy strengthen economic ties, explore investment exchanges

The partnership is expected to create new investment opportunities to support sustainable economic growth

UAE MoI amends certain traffic laws

UAE’s MoI announces amendments to UAE traffic laws, covers fines, points

Ministerial Resolution No (178) of 2017, which outlines traffic control rules and procedures, now includes additional violations related to the preventive measures mentioned in the resolution

FTA unveils tax agents classification initiative Photo Getty Images

The UAE’s FTA unveils initiative to simplify tax compliance, enhance customer satisfaction

The initiative is designed based on the results of an opinion poll and proposals fielded by the authority through its direct communication with customers

UAE corporate tax exempt

UAE corporate tax: Ministry issues decision on exemptions

The decision aims to clarify the application of the corporate tax regime for individuals and ensures that only business income is taxed

travel and tourism

Travel and tourism sector set to contribute Dhs180.6bn to the UAE economy this year

WTTC is forecasting that the sector will create nearly 7,000 jobs this year, surpassing the pre-pandemic peak of 745,100

Hedge fund. - Sanjay Shah

Hedge fund trader Sanjay Shah loses appeal over order to pay $1bn in tax

The authority said in a statement Wednesday that it would now begin an asset recovery process

World Bank non-oil

World Bank expects UAE’s non-oil economy to grow by 4.8% in 2023

The economies of the Gulf Cooperation Council are projected to grow by 2.5 per cent in 2023 and 3.2 per cent in 2024

UAE receives wanted terrorist from Jordan

The UAE’s Federal Supreme Court in 2013 sentenced Khalaf Abd Al Rahman Humaid Al Rumaithi in absentia to 15 years for terrorist activities

Central bank on gross bank assets

CBUAE says gross banks’ assets reached Dhs3.74tn in February

Latest data from the central bank shows that gross credit surged by 1.2 per cent to Dhs1.89tn in February from 1.87tn a month earlier, driven by a 1.6 per cent increase in domestic credit

Al Seer Marine invests into Adnoc L and S

Al Seer Marine makes Dhs257m cornerstone investment into ADNOC L&S

Al Seer Marine recently announced a strong revenue profit of Dhs1.11bn for 2022

Etihad Airways

Etihad Airways announces new route to Japan

The introduction of this route will support the growing trade and tourism ties between the countries and add to Etihad’s existing Tokyo service

NCEMA X Presight MoU

NCEMA, Presight sign MoU to bolster crisis and emergency management

Presight will work closely with NCEMA to create a hi-tech AI platform that serves the emergency management community