His Majesty King Hamad bin Isa Al Khalifa of Bahrain arrived in the UAE today on a visit to the country. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received King Hamad upon his arrival at …
Read More »Khalifa bin Zayed issues new family business ownership governance law
In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a new family business ownership governance law that further strengthens the sector’s contribution to the economy and facilitates the transition to successive generations. The new law aims to further enhance the …
Read More »The latest developments on COVID-19 in the UAE
The Ministry of Health and Prevention, MoHAP, announced on Tuesday that it conducted 563,330, additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the Ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus …
Read More »Abu Dhabi leads further streamlining of business set-up requirements
Over 20,000 requirements to set up businesses in Abu Dhabi have been cancelled as part of the ongoing massive procedural overhaul led by the Abu Dhabi Department of Economic Development (ADDED). Having grown to a total of 26 participating local and federal partner entities, the reductions exercise first unveiled in August …
Read More »Expo 2020 Dubai approaches 11 million visits
Expo 2020 Dubai has recorded 10,836,389 visits as of 24th January, while the virtual visitation reached 72.5 million. The visitors were attracted by the new musical from Indian stars Shekhar Kapur and A.R. Rahman, plus a series of high-profile events as part of the first Global Goals Week to be …
Read More »OPEC daily basket price stands at $87.98 a barrel Monday
The price of OPEC basket of thirteen crudes stood at $87.98 a barrel on Monday, compared with $87.46 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi …
Read More »Dubai records world’s lowest electricity Customer Minutes Lost of 1.43 minutes per year
Dubai Electricity and Water Authority (DEWA) has achieved a new world record in electricity Customer Minutes Lost (CML) per year. Dubai recorded 1.43 minutes per customer in 2021, compared to around 15 minutes recorded by leading utility companies in the European Union. The achievement results from DEWA adopting the latest …
Read More »“Dangerous to assume Omicron will be last variant”: WHO Chief
The head of the World Health Organisation said on Monday that the planet can end the Covid-19 emergency this year, although the virus last week killed someone every 12 seconds. “We can end Covid-19 as a global health emergency and we can do it this year,” Tedros Adhanom Ghebreyesus told …
Read More »Significant drop in temperatures expected over western, coastal areas
Residents of the UAE are expected to experience varying weather conditions this week with a significant drop in temperatures forecast over western and coastal areas, according to the National Center of Meteorology. Weather is expected to be humid with a chance of fog or mist formations by morning over internal …
Read More »Global COVID-19 cases cross 350.35 million
More than 350.35 million people have been reported to be infected by the novel coronavirus globally, and 5,945,623 have died, according to a Reuters tally on Tuesday. Infections have been reported in more than 210 countries and territories since the first cases were identified in December 2019.
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