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Dubai retained its No. 1 spot globally for attracting Greenfield FDI projects in 2022, further reinforcing its position as the world’s top foreign direct investment hub, according to the latest data from the 2022 Financial Times ‘fDi Markets’ report. Retaining its top spot for a second successive year, Dubai achieved …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, announced that the 7th edition of the Arab Reading Challenge for 2023 has seen record participation and an 11 percent increase compared to last year’s numbers. Around 24.8 million students, including over 22,500 people …

The Emirates Red Crescent (ERC) delegation distributed food parcels to more than 600 medical personnel working in hospitals in the Syrian Governorate of Latakia, as part of “Operation Gallant Knight 2” launched by the Joint Operations Command of the Ministry of Defence. The ERC delegation announced the continuation of the …

The Sharjah Consultative Council (SCC), during its fourteenth session of its regular fourth legislative term at its headquarters in Sharjah, approved draft laws for the Sharjah Civil Aviation Department and the Sharjah International Airport Authority. The session was chaired by Hanan Rashid Al Jarwan, Vice Chairperson of the Sharjah Consultative …

Dubai Municipality has further expanded its beach tourism offering with the opening of three new beaches for night swimming in Jumeirah 2, Jumeirah 3 and Umm Suqeim 1. The 800-metre-long night-swimming beaches feature lighting systems, which enable residents and tourists to swim around the clock, and electronic screens that display …

Dubai’s Roads and Transport Authority (RTA) has embarked on a trial operation of the ‘First Autonomous Electric Abra’, with a capacity to carry eight riders. It was manufactured locally at RTA’s Al Garhoud Marine Maintenance Centre, featuring a design that preserve the heritage identity of abras. The initial journey of …

The UAE is ready to host the new version of Abu Dhabi Grand Slam 2023, from 24th to 26th October Abu Dhabi, after the COVID-19 is over, announced a senior UAE sports official. ‘’I think it’s a good sign for the future and I am looking forward to having more …

The Federal Tax Authority (FTA) has launched registration for Corporate Tax through the EmaraTax digital tax services platform for Public Joint Stock Companies and Private Companies starting tomorrow, Monday, 15th May 2023. In line with Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (“Corporate Tax …

Four evacuation planes carrying 253 nationals from several countries have arrived in the UAE over the past two days from Sudan, which has experienced clashes since mid-April, bringing the total number of planes arriving from Sudan to nine. The UAE prioritised the evacuation of the most vulnerable groups, including the …

In 2022, the EU imported €482 billion worth of high-tech products from extra-EU countries (+22% compared with 2021), according to an estimate published by Eurostat, the statistical office of the European Union. Exports to these countries reached €446 billion (+16% compared with 2021). In 2022, over half of the EU’s …