News

The UAE has welcomed the statement issued by the Organisation for Economic Cooperation and Development and the G20 (G20/OECD) on the Inclusive Framework on Base Erosion and Profit Shifting (Inclusive Framework) with regards to laying the building blocks for a new global tax framework on 1st July 2021. The UAE …

Three leading technology companies are growing their presence in Abu Dhabi, as the emirate doubles down on its focus to support the growth of innovation-focused companies. The Abu Dhabi Investment Office (ADIO) announced on Monday individual partnerships with Callsign, Lyve and RIZEK to provide the three companies financial and non-financial …

Abu Dhabi Police have arrested a young man who killed 3 members of his family using a firearm in Al Ain. All procedures are in process to refer the accused to the Public Prosecution.

Dubai has hosted 270 local and international sporting events during the first half of 2021, with the support, oversight and cooperation of the Dubai Sports Council. The council announced its figures and statistics on sporting events held from 1st January to 30th June, 2021, which included international tournaments, social events, …

As a result of collaborative efforts led by the Abu Dhabi Department of Economic Development (ADDED), in collaboration with multiple government entities including Abu Dhabi Chamber of Commerce and Industry, business setup fees in Abu Dhabi emirate have been reduced to AED1,000 – a reduction of more than 90 per …

The Commercial Compliance and Consumer Protection (CCCP) Sector in Dubai Economy has started imposing fines on companies in the emirate that did not register their Beneficial Owner data by the 30th June 2021 as was required by law. The disciplinary measure being adopted now follows an intensive awareness campaign that …

Dubai’s real estate sector recorded 6,388 sales transactions in June 2021, worth AED 14.79 billion, according to the 16th edition of Mo’asher, Dubai’s official sales price index. This was the highest value of sales in eight years, noted officials. The sales transactions in June 2021 were 44.33 percent higher, in …

The Dubai Police’s emergency hotline (999) received 37,422 calls during the Eid Al Adha holiday from 20th-23rd July, while the force’s non-emergency toll number (901) received 5,456 calls in the same period. Colonel Turki bin Fares, Director of the Command and Control Centre of Dubai Police’s Operations Department, said they …

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, has issued a resolution to form a new Board of Directors for the Abu Dhabi Chamber of Commerce and Industry. The …

The Ministry of Health and Prevention, MoHAP, announced on Sunday that it conducted 232,307 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 …