News

Under the patronage of H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council (DSC), the inaugural edition of the Dubai Challenge Cup 2024 is set to be held from 26th to 28th January 2024. Hosted in partnership with Dubai’s Department of Economy and Tourism …

H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council (SEC), chaired, on Tuesday, the meeting of the SEC, in the presence of H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice …

The National Centre of Meteorology (NCM) has urged motorists in the UAE to follow the traffic regulations regarding a chance of fog formation. In a statement, the NCM warned that horizontal visibility may drop even further over some internal and coastal areas, especially westward, from 23:30 Monday, 25th December, until …

UAE stocks generated strong cash flows Monday, with market liquidity surpassing AED1 billion. International Holding Company (IHC) and Dubai Electricity and Water Authority (DEWA) topped the market in terms of number of transactions. The Abu Dhabi Securities Exchange (ADX) gained AED 885.8 million in liquidity, as compared to the AED …

The National Center of Meteorology: The weather tomorrow will be fair in general and partly cloudy at times, with a decrease in temperatures especially westward. Humid by night and Wednesday morning with a chance of fog or mist formation over some internal areas. Light to moderate Northeasterly to Northwesterly winds, …

The United Arab Emirates has welcomed the announcement of the Special Envoy of the United Nations Secretary-General for Yemen, Hans Grundberg, to reach an agreement between the Yemeni parties to work on a roadmap to support the peace process, expressing hope that it will be achieved and signed soon. In …

Institutional investors have notably boosted their acquisition of domestic stocks in 2023, enticed by the diverse investment prospects and the opportunity to engage in the strong expansion of the country’s economy. Furthermore, prominent global and regional institutions consider local listed companies highly attractive for their investment strategies. Data from the …

The Abu Dhabi Police (ADP) warned parents against violent electronic games, noting that the serious effects of these games include addiction, isolation and separation from reality. Officials said parents and guardians should monitor and surveil their children’s activity on their smart devices. Police thus urged parents to monitor their children …

In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Decree No. 62 of 2023 forming the Board of Dubai Corporation for Ambulance Services chaired by the Director-General of Dubai Health Authority. The Assistant Commander-in-Chief …

The Federal Tax Authority (FTA) has issued a new guide outlining the criteria to determine natural persons subject to the Corporate Tax Law, that came into effect on 1st June 2023. The guide provides a comprehensive and simplified explanation and instructions for natural persons realising income in the UAE, enabling …