DMCC Closes Second Most Successful Year On Record
the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has today published its 2023 Annual Report and confirmed its second-best year on record as companies continue to flock to its business district. A total of 2,692 new companies joined DMCC last year, bringing the total number of companies […]
DEWA fosters volunteering culture based on integrated organisational framework to serve society
Dubai Electricity and Water Authority (DEWA) institutionalises volunteering among its employees in accordance with the highest international standards, to maintain its position as one of the biggest supporters of the integrated and sustainable volunteering ecosystem in the UAE and Dubai. DEWA encourages its employees to have a positive effect on society through a clear framework […]
EWEC conducts Q1 2024 Clean Energy Certificates Auction
Emirates Water and Electricity Company (EWEC) today announced that registration is now open for its Q1 2024 auction for Clean Energy Certificates (CECs) in Abu Dhabi, which is scheduled to take place on 14 March. CECs allow Abu Dhabi entities to certify their clean energy consumption and track and verify progress towards their environmental goals. […]
Mohammed bin Faisal bin Sultan Al Qassimi elected as Chairman for United Arab Bank
The Board of Directors of United Arab Bank (UAB) unanimously elected Sheikh Mohammed bin Faisal bin Sultan Al Qassimi as Chairman of the Bank, succeeding Sheikh Faisal bin Sultan bin Salem Al Qassimi, who chaired the bank’s Board of Directors for nearly fifty years. This appointment reflects United Arab Bank and its shareholders pledge to […]
Dubai Free Zones Council discusses Free Zones Model 2030
H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council (DFZC), confirmed during the 26th meeting of the Council that it is working to develop performance indicators that will enhance the DFZC’s leading role in diversifying Dubai’s economy and attracting international investment. Sheikh Ahmed bin Saeed said, “Over the past decades, […]
UAE, Greece discuss economic relations within Comprehensive Strategic Partnership framework
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technolog and COP28 President, led a delegation to Greece as part of an official working visit, comprising government officials and private sector representatives. During the visit, Dr. Al Jaber held several bilateral meetings with Kyriakos Mitsotakis, Prime Minister of Greece; George Gerapetritis, Minister of […]
Mohammed bin Rashid issues Law on taxation of foreign banks in Dubai
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (1) of 2024 on taxation of foreign banks operating in Dubai. The Law applies to all foreign banks operating in Dubai, including special development zones and free zones, […]
President Sheikh Mohamed sends Ramadan 2024 greetings to UAE and rest of the world
President Sheikh Mohamed has sent out a message of congratulations to mark the start of Ramadan. Ramadan will begin in the UAE on Monday, authorities announced on Sunday. The Moon-sighting committee met at the Abu Dhabi Judicial Department after maghrib (sunset) prayers on Sunday and announced that they sighted the new crescent moon. It follows a decision […]