News

The Central Bank of the UAE (CBUAE) has developed an enhanced framework to supervise banks’ exposures to the real estate sector. The new standards cover all types of on-balance-sheet loans and investments, and all off-balance-sheet exposures to the real estate sector. They refine definitions, measurement and supervision, facilitating the adoption …

Russian Swimming Federation’s Kliment Kolesnikov took the headlines on Sunday, Day 4 at the FINA World Swimming Championships (25m) in Abu Dhabi as he won the 100m Individual Medley and the 50m Backstroke in 80 minutes, bringing his total to four medals here – and 15 in 2021, only majors …

The Careem BIKE service, offered through a partnership between Dubai’s Roads and Transport Authority and Careem, announced that it has registered one million trips. The milestone strengthens Dubai’s efforts to transform itself into the world’s most bicycle-friendly city and raise use of sustainable forms of mobility. To celebrate the milestone, …

Building on a rich maritime heritage, Dubai has made rapid progress to emerge as a preferred destination for yacht owners, charters and cruise travelers from across the world and a leading multi-faceted global hub for the sector. With its world-class infrastructure, picturesque coastline, simplified access procedures, open anchorage areas, luxury …

Starting from next Monday, December 20, the lockdown in Austria will come to an end, with the capital city of Vienna being the last part of the country to reopen hotels and restaurants. From the same date, the country is set to reopen for tourism. “The infection situation in Austria …

The joint UAE-Bahraini nanosatellite Light-1 will be launched to the International Space Station on 21st December 2021. It represents a major milestone of cooperation in space science, technology and engineering between the UAE and Bahrain. Light-1 will take off onboard a SpaceX CRS-24 flight on board of a Falcon 9 …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today launched the UAE Declaration of Arabic Language in the UAE Pavilion at Expo 2020 Dubai. The declaration was introduced in the presence of the Arab Ministers of Culture to mark the World Arabic …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, offered condolences to the family of the late prominent Emirati businessman, Majid Al Futtaim. Sheikh Mohammed was accompanied by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime …

All federal government employees and the public seeking federal government services nationwide are required to follow the Green Pass Protocol on Alhosn app effective 3rd January, 2022, to have access to federal entities, with entry to these departments to be confined to the individuals who have received two doses of …

Emirates SkyCargo has announced that it has crossed a major milestone in the global distribution of COVID-19 vaccines with 600 million doses flown on its flights. Since October 2020, the carrier has transported more than 2.8 million kilograms (2,800 tonnes) of COVID-19 vaccines from 35 origins to over 80 destinations. …