President Sheikh Mohamed received US Senator from Iowa Joni Ernst on Friday at Al Shati Palace, where they engaged in discussions regarding the promotion of development and stability in the Middle East.
Month: October 2023
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UAE, India sign MoU to drive investment, collaboration in industry, advanced technologies
The UAE and India will cooperate more closely in sustainable industrial development following a Memorandum of Understanding (MoU) signed on Thursday at Emirates Palace.
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Businesses to get ‘operational’ flexibility if Dubai allows them to choose free zones
Businesses in Dubai have already experienced significant flexibility in terms of licensing and operational reach. The potential for companies to select their free zone base would further enhance this flexibility. A consultant noted that such a decision would provide businesses with extensive operational flexibility, rather than solely focusing on tax considerations. Currently, licensed businesses are required to operate within free zones that are operationally aligned with their activities. Any change to this requirement would be advantageous for businesses.
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UAE, Turkey Discuss Rail Link in Race For Europe-Asia Trade Routes
According to sources familiar with the matter, Abu Dhabi wealth fund ADQ and Turkey are engaged in discussions regarding the construction of a railway over Istanbul's Bosphorus strait. This railway is intended to form part of a planned trade corridor linking Europe to the Middle East and Asia.
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Saudi Arabia announces bid to host World Cup in 2034
On Wednesday, Saudi Arabia made an official announcement regarding its intention to submit a bid to host the 2034 FIFA World Cup. The bid, led by the Saudi Arabian Football Federation, aims to organize a tournament of the highest caliber, drawing inspiration from Saudi Arabia's ongoing social and economic transformation, as well as the nation's deep-rooted passion for football.
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Dubai Miracle Garden reopens for its 12th season: Tickets, timings & more
Dubai Miracle Garden has commenced its 12th season, offering visitors the opportunity to witness its renowned and breathtaking seasonal decorations. The garden showcases intricate designs and meticulously crafted floral scenes, captivating all who visit.
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UAE: Single-use plastic bags banned in this emirate from January 1, 2024
On New Year's Day, a new rule will come into effect in the Emirate of Ras Al Khaimah, under Law No. (4) of 2023, which has been announced by the Environmental Protection and Development Authority.
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UAE announces Haj 2024 registration dates
The United Arab Emirates (UAE) has officially announced the registration dates for individuals intending to participate in the Islamic pilgrimage, Haj, in the year 2024. The General Authority of Islamic Affairs and Endowments has stated that interested pilgrims can register through their designated application from December 5th to December 21st.
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Gulf Navigation makes bid to take over Brooge Energy
Dubai-based maritime and shipping company Gulf Navigation (GulfNav) has formally proposed the complete acquisition of all businesses and assets from fuel and crude storage provider Brooge Energy Limited. GulfNav has stated that this proposed acquisition is a key component of its growth strategy, aimed at providing an integrated portfolio of logistical services related to oil, petrochemicals, and gas.
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New board appointed for Investment Corporation of Dubai
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has issued a decree to appoint the board of directors for the Investment Corporation of Dubai (ICD). According to a statement released by the Dubai Media Office on Tuesday, the ICD's board will be chaired by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, under Decree No. (40) of 2023. Sheikh Maktoum bin Mohammed, First Deputy Ruler of Dubai, will serve as the vice chairman of the board.