News

In the first quarter of 2023, the Ministry of Economy imposed fines worth AED 65.9 million on 137 companies operating in the UAE’s designated non-financial business or professions (DNFBP) sector following an inspection of 840 companies for failing to comply with the anti-money laundering and combating the financing of terrorism …

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, today attended the second edition of the ‘Make it in the Emirates’ forum. Taking place at the Abu Dhabi Energy Centre, the forum is organised in partnership with …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the new futuristic development masterplan of Palm Jebel Ali. Part of the Dubai 2040 Urban Master Plan, Palm Jebel Ali is one of a series of visionary projects being undertaken by world-leading Dubai-based …

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, directed to raise the number of annual housing assistance for the emirate’s citizens from 1,000 to 1,500, starting from the current year, to keep pace with the results of the Sharjah Census 2022. The …

The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for Licensed Financial Institutions (LFIs) including banks, finance companies, exchange houses, payment service providers, registered hawala providers and insurance companies, agents and brokers. The new guidance will assist …

Fuel prices for the month of June 2023: Super 98: Before: 3.16AED/L After: 2.95 AED/L Special 95: Before: 3.05 AED/L After: 2.84 AED/L Diesel: Before: 2.91 AED/L After: 2.68 AED/L

The UAE has rejected the mischaracterisation, in recent press reports, of US-UAE conversations regarding maritime security. In a statement today, the Ministry of Foreign Affairs (MoFA) said that the UAE is committed to peaceful dialogue and diplomatic engagement as a means of advancing the shared goals of regional security and …

Dubai saw the completion of the first successful trial of medical delivery via drones at the Dubai Silicon Oasis (DSO), in yet another unique public-private sector partnership that raises the city’s global competitiveness as a hub for advanced technologies and smart applications. The completion of the trial makes Fakeeh University …

The Ministry of Foreign Affairs has launched the Retired Diplomats Council to provide services to retired diplomats and leverage their expertise by encouraging them to share their experience and knowledge acquired during their service with new diplomats. On this occasion, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign …

Within 48 hours… Sharjah Police arrested a driver who was involved in a hit-and-run accident causing moderate to severe injuries to a woman.The accident occurred on Sunday evening, on King Faisal Street near the Fourth Industrial Area, then he fled the accident site, ignoring the social and humanitarian responsibility towards …