A delegation from the United Arab Emirates participated in a multilateral meeting to discuss the establishment of an integrated asset recovery inter-agency network (ARIN), hosted by Egypt’s Money Laundering Combating Unit (MLCU) and held in Cairo, Arab Republic of Egypt from 29th to 30th April.
Category: Economy
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Dubai Customs seizes 4.364 million counterfeit goods valued at AED5.430 million in Q1 2024
Dubai Customs' dedication to strengthening its role against counterfeit goods and safeguarding intellectual property rights was showcased through its annual celebration of World Intellectual Property Day in 2024.
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Ruler of Ras Al Khaimah receives Ambassador of Pakistan
H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received today at his palace in the Saqr bin Mohammed City, Faisal Niaz Tirmizi, Ambassador of the Islamic Republic Pakistan to the UAE, who came to greet him.
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UAE contributed 44.1% to Japan’s total oil imports in March 2024
Japan's oil imports from the UAE totaled 32.77 million barrels, constituting 44.1 percent of the overall imports, as per data from the Natural Resources and Energy Agency of the Japanese Ministry of Economy, Trade and Industry.
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Regulatory environment in UAE created surge in financial technology investments in 2023: Visa
Visa, a global leader in digital payments, affirmed that the Dubai FinTech Summit is a pivotal platform for fostering innovation and collaboration in the UAE
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UAE’s Islamic finance sector witnesses accelerated growth of 8% in 2023: S&P
S&P Global Ratings, the global credit rating agency, confirmed that the total assets of the global Islamic finance sector continue on a path of rapid growth, pointing to the sector's accelerated growth in the UAE last year due to the strong performance of the non-oil economy.
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Abu Dhabi leaps 10 spots in 2024 Leading Maritime City Report
Abu Dhabi has secured its place within the top 25 maritime cities worldwide, jumpingan impressive 10 spots since 2022, ranking 22, the highest jump among all cities, according to the prestigious 2024 Leading Maritime City (LMC) Report, unveiled in Singapore.
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UAE corporate tax to bolster future economic sustainability: MoF
The UAE has initiated a transformative fiscal policy with the introduction of a federal corporate tax, aiming to cement its economic future’s resilience and prosperity. This strategic policy shift, outlined in Federal Decree-Law No. (47) of 2022, aligns with international tax standards and best practices, further solidifying the UAE's stature as a competitive global financial and business centre.
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Bin Touq leads UAE delegation participating in WEF Special Meeting in Riyadh
Abdullah bin Touq Al Marri, Minister of Economy, led the UAE delegation at the World Economic Forum (WEF) Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh, Saudi Arabia, which was held on 28th and 29th April. The delegation included Abdullah Ahmed Al Saleh, Under-Secretary at the Ministry of Economy.
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Dubai Real Estate Brokers Programme attracts over 1,000 citizens, 25 strategic partnerships with the private sector
Since mid-March, the Dubai Land Department (DLD) has received more than 1,000 registrations from Emirati citizens to implement the Dubai Real Estate Brokers Programme, a pivotal initiative under Dubai’s Social Agenda 33.