The UAE marked a milestone in heritage preservation as the UNESCO World Heritage Committee officially inscribed Sharjah’s Faya Palaeolandscape on the World Heritage List. Recognised under the Cultural Landscape category, Faya was the only Arab site added this year and the second from the UAE after Al Ain’s cultural sites …
Read More »CBUAE revokes licence of Al Khazna Insurance Company
The Central Bank of the UAE (CBUAE) has revoked the licence of Al Khazna Insurance Company P.S.C (Al Khazna), pursuant to the Article 33 of Federal Decree Law No.48 of 2023 regulating Insurance Activities (the Insurance Law). This is due to Al Khazna’s failure to meet the licencing requirements necessary …
Read More »UAE President receives credentials of new ambassadors, witnesses oath-taking of UAE Ambassador to Brazil
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received the oath of office from His Excellency Sherif Isa Mohamed Al Suwaidi, who has been appointed UAE Ambassador to the Federative Republic of Brazil. The ceremony took place in the presence of His Highness Sheikh Mansour bin Zayed …
Read More »UAE remains focused on delivering its planned production capacity of 5 million barrels per day by 2027: Ministry of Energy and infrastructure
The UAE Ministry of Energy and infrastructure reiterated that the UAE remains focused on delivering its planned production capacity of 5 million barrels per day by 2027. In a statement, the Ministry said that there is no change to its production capacity target.
Read More »UAE, Azerbaijan Presidents witness signing of Comprehensive Economic Partnership Agreement
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Ilham Aliyev, President of the Republic of Azerbaijan, witnessed today the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the two countries, aimed at driving joint economic growth, diversification, and prosperity as part of the strategic …
Read More »Abu Dhabi Commercial Court Halts Global Trademark Infringement
The Abu Dhabi Commercial Court has issued a judicial ruling to halt the infringement of a globally renowned trademark in the fashion and e-commerce sector, following proven unauthorized use of the trademark by a local store without obtaining permission or licensing. The case originated when the company that owns trademark …
Read More »UAE President receives Mohammed bin Rashid
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, at Qasr Al Bahr in Abu Dhabi. Also in attendance were His Highness Sheikh Mansour bin Zayed Al …
Read More »GPSSA enforces late payment penalties on GCC employees
The General Pension and Social Security Authority (GPSSA) has urged employers to ensure the timely payment of contributions for GCC nationals working in the UAE. These contributions are necessary for employees under the Unified Protection Extension System, which guarantees GCC nationals working in any GCC country to receive the same …
Read More »No golden visa for digital currency investors in UAE, authorities clarify
The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) have issued a joint statement denying reports circulating on certain websites and social media platforms that claim the UAE grants golden visas to investors in digital …
Read More »OPEC+ countries reaffirm commitment to market stability on current healthy oil market fundamentals, adjust production
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 July 2025, to review global market conditions and outlook. In view of a steady global economic outlook and current healthy …
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