News

 The UAE economy has quickly survived the economic impact of the COVID-19, with near-term economic growth being strong, underpinned by a rebound in domestic activity, while elevated oil prices support high surpluses in the fiscal and external balances, according to a top IMF official. “Economic growth has been robust this …

Sheikh Dr. Sultan bin Mohammed Al Qasimi, Ruler of Sharjah and Member of the Supreme Council, has directed on Wednesday the establishment of a facility dedicated to the treatment of mental illnesses. His Highness added that this facility will perform semi-custodial work for mental patients, overseeing the necessary sedation doses …

Ambassador Lana Nusseibeh, Assistant Minister for Political Affairs and Permanent Representative to the United Nations, reiterated the UAE’s strong condemnation of the most recent decision by the Taliban to ban Afghan women and girls from accessing higher education. The decision is the latest example of the restrictions imposed on Afghan …

 Abu Dhabi Department of Energy (DoE) has launched a consumer protection policy to protect the interests of energy and water consumers in the emirate. The policy outlines a regulatory framework and assigns roles and responsibilities to companies that supply energy, water, sewerage, and district cooling services in the emirate. The …

During an official visit to Morocco, Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, met with Aziz Akhannouch, Prime Minister of Morocco, and several ministers from the Moroccan government. The meeting was attended by Al Asri Saeed Ahmed Al Dhaheri, UAE Ambassador to Morocco. At the beginning …

 As part of its campaign to raise awareness on the rights and duties of the insured in the private sector, launched in conjunction with the NAFIS program announced by the UAE government to support Emiratis employed in the private sector, the General Pension and Social Security Authority (GPSSA) confirmed that …

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, discussed today with visiting First Lady of Israel, Michal Herzog, ways of enhancing cooperation between the UAE and State of Israel as well as issues of mutual interest. H.H. Sheikh Abdullah affirmed the UAE’s keenness to …

The Ministry of Economy has imposed administrative penalties on 6 Designated Non-Financial Businesses and Professions (DNFBPs) companies for violating anti-money laundering and terrorism financing laws. The companies failed to take the necessary measures to identify the financial crime risks, as 59 violations were detected, amounting to AED 3,200,000.

Dubai real estate market recorded 495 sales transactions worth AED1.32 billion, in addition to 81 mortgage deals of AED454.83 million, and 24 gift deals amounting to AED34.33 million on Tuesday, data released by the Dubai’s Land Department (DLD) showed. The sales included 479 villas and apartments worth AED1.28 billion, and …

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