His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has issued Executive Council Resolution No. (30) of 2023 appointing Hadi Mohammed Taher Mohammed Badri as the Executive Director of the Dubai Economic Development Corporation.His Highness also issued …
Read More »CBUAE issues its 2022 Annual Report on monetary, financial stability
The Central Bank of the UAE (CBUAE) issued its 2022 Annual Report, highlighting its progress and initiatives to bolster monetary and financial stability in the UAE throughout the year. The report highlighted the CBUAE’s monitoring and supervision efforts to enhance monetary stability and the financial sector’s resilience and support economic …
Read More »Ministry of Finance Issues Ministerial Decision on Exempt Persons for Corporate Tax Purposes
The UAE Ministry of Finance has issued Ministerial Decision No. (105) of 2023 on Determination of Conditions under which a Person may Continue or Cease to be Deemed an Exempt Person, which helps to clarify the application of the Corporate Tax Law, ensuring a transparent and efficient tax system that …
Read More »UAE condemns killing of Palestinians in Gaza
The UAE condemned the Israeli operation that targeted areas in the Gaza Strip, which resulted in the death and injury of numerous people. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) called on Israeli authorities to halt escalation and avoid exacerbating tension and instability in the …
Read More »UAE, Tajikistan sign air transport services agreement
An air transport services agreement and a Memorandum of Understanding (MoU) have been initialled by the General Civil Aviation Authority (GCAA) and the Civil Aviation Authority (CAA) in Tajikistan. The two documents aim to lift restrictions on designated carriers from the UAE and Tajikistan, streamline trade and air traffic between …
Read More »Khaled bin Mohamed bin Zayed approves budget of AED85.4bn to develop integrated residential neighbourhoods
Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a budget of AED85.4 …
Read More »UAE participates in the 68th meeting of GCC Undersecretaries of Ministries of Finance Committee
The United Arab Emirates, represented by the Ministry of Finance, participated in the 68th meeting of GCC Undersecretaries of Ministries of Finance Committee yesterday, which was held in Muscat, Oman, in order to discuss topics related to Gulf economic work and ways to enhance financial and economic cooperation, as well …
Read More »Dubai Police Account for 47% of Drug-Related Arrests and 36% of Narcotics Confiscated Across the UAE
During the first quarter of 2023, the General Department for of Anti-Narcotics at Dubai Police reported significant success in combating drug-related crimes, apprehending 47% of total suspects arrested in the country during this period. The Department also confiscated 238 kilograms of drugs and 6 million narcotic pills in Dubai, which …
Read More »Public Prosecution launches ‘Waey’ Criminal Information Centre
The State Public Prosecution announced the launch of “Waey,” a new Criminal Information Centre aimed at increasing legal literacy and promoting awareness of criminal laws among the public. The centre will develop a range of initiatives and programmes to promote positive behaviour and spread a culture of tolerance, including media …
Read More »‘Gallant Knight 2’ operation distributes 156,000 food parcels in Syria
The Emirates Red Crescent (ERC) has sent over 156,000 food parcels to Syria, providing essential support to a total of 780,000 people. The humanitarian effort is part of the ongoing “Gallant Knight 2” operation, launched by the Joint Operations Command at the Ministry of Defence, to support the Syrian Arab …
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