UK Prime Minister Boris Johnson shared optimism about Saudi Arabia raising oil outputs, after his meeting with the Saudi Crown Prince, but received no guarantees that it would occur |
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| The EDB initiative, named ‘Sanad’ aims to extend quick, easy-to-access, and flexible loans at a starting rate of 5.99 percent per annum on a reducing balance basis
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| Dubai is the first global economy to have set up a specialised regulator for the virtual assets sector
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| SMEs represent 94 percent of the total companies and institutions operating in the country and contribute more than 50 per cent to the country’s GDP
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| The $100,000 in grants and training aims to build the capacities of small business owners and entrepreneurs to lead stronger business ecosystems in Palestine, and grow outside Palestine
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| The UAE will be the 56th signatory to the Singapore Convention, which will help facilitate international trade and investment
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| The North Island will be unveiled as part of Phase 1, consisting of 240 villas, ranging from two- to seven-bedroom villas
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The DEWA IPO is part of the Dubai Markets Supervisory Committee’s strategy to increase the size of the emirate’s stock market to $816.74 billion |
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| Despite a modest setback at the turn of the year, the UAE GDP is forecast to grow by 6.2 percent in 2022, and 6.7 percent in 2023
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| The offering will be made available to individuals and other investors, as well as to professional investors outside the US, and will include investors in the UAE
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| The decision follows a recent agreement extending visa-free entry to all UAE nationals. Prior to 1 March, Israel borders were closed to tourists from the UAE
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| AIM for Climate partners pledge to raise investment commitments for climate-smart agriculture and food systems innovation to $8bn by COP27 in November
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An owner can only evict a tenant if they are selling the unit, are carrying out major maintenance to the property, or if they are planning to move into the property themselves – but there is an alternative option, as well! |
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| The Russian war in Ukraine, coupled with the rising jet fuel prices, has sent new shockwaves to the aviation industry
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Louvre Abu Dhabi Residences by Aldar will be limited to only 400 apartments with sweeping views of the Arabian Gulf and the iconic Louvre Abu Dhabi |
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Digitalisation of cities, shipping, and ports are crucial if critical sustainability objectives are to be reached |
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