The Central Bank of the UAE (CBUAE) issued a new banknote of AED1000 denomination, made of polymer for circulation in the market. The new banknote will be available at banks and exchange houses starting from 10 April 2023. In the design of the new banknote, the CBUAE was keen to …
Read More »Dubai Police Arrest 88 Street Vendors Since Beginning of Ramadan
Since the beginning of the holy month of Ramadan, the Infiltrators Control Department at Dubai Police, in collaboration with police stations and strategic partners, have arrested 88 street vendors and seized several vehicles used to illegally sell fruits and vegetables in violation of public health and safety regulations. Colonel Ali …
Read More »Ministry of Finance Issues Decision on Small Business Relief for Corporate Tax Purposes
The Ministry of Finance has issued Ministerial Decision No. 73 of 2023 on Small Business Relief for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the “Corporate Tax Law”). The decision is issued in accordance with Article 21 of the Corporate Tax …
Read More »Islamic countries to sight Shawwal crescent on this date
International Astronomy Center: Islamic Countries are expected to sight the crescent of Shawwal on Thursday, April 20. Sighting the crescent on that day might not be possible with the naked eye or with a telescope from all over Asia and Australia, while there is a possibility that it can be …
Read More »Public Prosecution explains penalty for unlicensed collection of money
The UAE Public Prosecution (PP) explained today, through a post on its social media accounts, the penalty for unlicensed collection of money. According to Article No. 41 of the Federal Decree Law No. 34 of 2021 on Combatting Rumors and Cybercrimes, whoever invites or promotes for a competition or a …
Read More »UAE and Qatari officials meet in Abu Dhabi to follow up implementation of AlUla Declaration
Two official delegations representing the United Arab Emirates and the State of Qatar met in the UAE capital, Abu Dhabi, today, in the fourth joint meeting to follow up the implementation of “AlUla Declaration “, issued by the GCC Summit hosted by the Kingdom of Saudi Arabia in 2021.The UAE …
Read More »UAE condemns storming of Al-Aqsa Mosque by Israeli police
The UAE strongly condemned the storming of Al-Aqsa Mosque by Israeli police, which resulted in the assault of worshipers and multiple arrests. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) reiterated its firm position on the need to provide full protection for Al-Aqsa Mosque and halt …
Read More »UAE President receives phone call from Israel’s Prime Minister
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from Benjamin Netanyahu, Prime Minister of Israel, during which they discussed bilateral relations and ways to enhance them in a manner that serves common interests. His Highness affirmed the UAE’s ongoing commitment to bilateral relations with Israel, …
Read More »Statement from “MoHAP” on spread of Marburg virus in Tanzania and Guinea
The Ministry of Health and Prevention (MoHAP) has urged the public to be aware of the virus causing Marburg hemorrhagic fever and to avoid travelling to Tanzania and Equatorial Guinea unless it’s necessary due to the recent spread of Marburg virus. This comes after several Arab countries advised their citizens …
Read More »Gold prices slip as US dollar regains some ground
Gold prices fell on Tuesday as spot gold was down 0.3% at $1,978.10 per ounce, as of 0549 GMT, Reuters reported. U.S. gold futures dipped 0.2% to $1,997.30, added Reuters. Spot silver shed 0.9% to $23.79 per ounce, platinum fell 0.3% to $982.62 and palladium lost 0.4% at $1,453.64.
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