The United Arab Emirates (UAE) recently signed an investment agreement worth over $900 billion with Kazakhstan. Both countries engaged in investment discussions during the visit of Kazakhstan’s Prime Minister to the UAE. Alikhan Smailov, Kazakhstan’s Prime Minister, visited the
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Days ago, Dubai launched a robotics and automation program to boost the country’s economy and prepare it for the future. The government announced the program in a tweet by the Dubai Media Office. According to the Media Office, Dubai’s Crown Prince, Sheikh Hamdan bin Mohammed. The Media Office further stated that the program aims to make Dubai […]
The Saudi Arabia Artificial Intelligence summit has come to a close with over 15,000 participants and 200 speakers worldwide. The conference stemmed from the intent to restructure AI in the country, leading to the finalizing and signing of the Riyadh AI Call for Action Declaration. The AI Summit in full detail The Riyadh AI Global summit was […]
In an intentional move, Dubai has scaled up its support for the underprivileged in the country through the Bread-for-All scheme. The government hopes that the project will aid the livelihood of low-income families and workers. What Led to the Bread-for-All Scheme? In response to the Prime Minister’s vision to see that no one sleeps hungry […]
The UAE has initiated a paperless tax refund scheme for tourists. This move is strategically implemented to eliminate the need to retain receipts. It also contributes its own quota to reducing environmental degradation brought on by the manufacturing and disposal of paper. Specifics of the Paperless Tax System The UAE paperless tax system is a […]
China and the UAE Join Forces to Secure the Country’s Property on the Moon : China and the UAE Join Forces to Secure the Country’s Property on the Moon In a never seen space collaboration between China and the UAE, both countries have agreed to the former’s assistance in landing the UAE’s Rover from the Moon’s surface. […]
The Taliban administration in Afghanistan recently announced its intention to give force to the final contract to award the running and control of its airport to the state-owned GACC holdings in the UAE. This contract is primarily influenced by the Afghanistan government’s need to boost the country’s economic activities. Why UAE wants to enter the Agreement
Grieving in the UAE as the country declares three days of mourning for Britain’s Monarch : Queen Elizabeth II The UAE has issued an order for the national flags in all its sectors and embassy to fly at half-mast as a show of its state of mourning for Queen Elizabeth II, Britain’s Monarch, who recently passed […]
The UAE has issued visa restrictions on specific countries for the time being. This decision by the UAE government was at all times influenced by the actions of specific stakeholders in the affected country and not made arbitrarily. What are the Specifics of the Visa Restrictions? For some countries, the UAE has restricted issuing visas to persons […]
The UAE and US Governments Meet to Discuss the Strengthening of Military Ties : The UAE and US Governments Meet to Discuss the Strengthening of Military Ties Rear Admiral Sheikh Saeed bin Hamdan, commander of the UAE Naval forces, and Vice Admiral Brad Cooper, Central commander of the US Naval forces, recently had a rendezvous to discuss […]
Tons of Relief Supplies Flood Pakistan as UAE President Gives Orders for Humanitarian Aid : Tons of Relief Supplies Flood Pakistan as UAE President Gives Orders for Humanitarian Aid Sheikh Mohamed bin Zayed Al Nahyan, the UAE President, issued directives for delivering relief supplies to Pakistan on the 27th of August, 2022. These supplies are […]
UAE airlines are increasing workers’ salaries and benefits while offering cheaper services : UAE airlines are increasing workers’ salaries and benefits while offering cheaper services The United Arab Emirates airlines seek to improve employee salaries and benefits. Earlier this year, the country expressed wishes to implement a 4% increase in workers’ wages. The increased
Commercial Bank International Launches the First Ever Metaverse Bank in the UAE : Commercial Bank International Launches the First Ever Metaverse Bank in the UAE Top-tier corporate and retail bank Commercial Bank International (CBI) recently announced its prospects to become the first ever Metaverse Bank in the UAE. CBI’s launch comes after the UAE pledges […]
Crown Dubai Prince Commissions a New Specialized Arm of Dubai Hospital Worth $48 Million : Dubai’s Crown Prince, Hamdan bin Mohammed Al Maktoum, recently inaugurated a new specialized arm of Dubai Hospital to cater to outpatients. The project, worth $48 million (Dh 177 million), aims to boost the hospital’s capabilities by 200 percent. The project is also […]
Dubai Recruitment Firm Introduces Program to Hire Employees in the Metaverse : The top recruitment agency, Marc Ellis, is well on becoming the first recruitment firm to introduce a recruitment and training program that directly hires employees into the Metaverse. The decision by the firm is according to the recommended Metaverse Strategy pioneered by Hamdan […]
Dubai Approves Municipality Restructuring to Create Dh10 Billion Economic Opportunities : The Crown Prince of Dubai, Hamdan bin Mohammed Al Maktoum, recently approved the restructuring of the Dubai Municipality based on a directive from the Prime Minister of UAE. The Dubai government announced the approval through a tweet on the Crown Prince’s official Twitter handle.
Bahrain Enters Partnership with UAE, Egypt, and Jordan to Boost Industrial Strength : Bahrain Enters Partnership with UAE, Egypt, and Jordan to Boost Industrial Strength Bahrain recently joined an industrial bloc that includes UAE, Egypt, and Jordan. The partnership is called the Industrial Partnership for Sustainable Economic Development, and Bahrain’s participation
Dubai Unveils Metaverse Strategy: Plans to Become a Global Hub for NFTs Dubai has released a metaverse policy document that contains strategies to establish the Emirate as a globally recognised hub of the metaverse and other emerging technologies. The release was announced in a tweet by Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai. Among other
Bahamas-based FTX Acquires a Crypto License to Expand its Operations to Dubai : FTX, a Bahamas cryptocurrency company, has acquired a full crypto license in Dubai. This license issuance is coming after Dubai launched extensive plans to improve its blockchain industry and become a preferred destination for cryptocurrency companies. The Backstory As far back as […]
Leading consulting firm predicts UAE financial wealth will reach $1 trillion by 2026 : Leading consulting firm predicts UAE financial wealth will reach $1 trillion by 2026 According to a new report by management consultancy firm Boston Consulting Group (BCG), UAE’s financial wealth is expected to reach $1 trillion in 2026. The report shows that […]