UAE creates ‘Parkin’ to oversee parking space operations in Dubai
Dubai, UAE - The UAE has issued a law establishing ‘Parkin’, a public joint stock company (PJSC) that will oversee operations related to parking spaces in Dubai. The newly established company will have financial, administrative and legal autonomy to fulfil its responsibilities, WAM reported. Also, the company's duration is set...Decree issued to form Board of Dubai Corporation for Ambulance Services
Dubai, UAE -- Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum Monday issued a decree for the formation of the Board of Dubai Corporation for Ambulance Services chaired by the Director-General of Dubai Health Authority. The Assistant Commander-in-Chief for Excellence and Pioneering Affairs of Dubai Police will serve as the...Educational institutions are shaping UAE’s tomorrow
"Dubai's schools attract students of various nationalities seeking holistic education. These schools emphasize well-rounded education, with a sports culture enhancing personality development and skill refinement, whether in science labs or on the field," adds Sheikh Mansoor.UAE approves $52 billion federal budget for 2024-26
UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum, who chaired a meeting of the cabinet where the budget was approved, said that during 2024, the development and social benefits sector will receive 42 percent, government affairs 39 percent and the remainder will be channeled to enhance the infrastructure and...UAE Vice-President wishes China in Chinese on National Day
Dubai, UAE - Vice-President and Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum on Sunday shared a rare video from his visit to China 30 years ago while extending congratulations to China on its 74th National Day. In a heartfelt message posted in Chinese on Platform X,...UAE celebrates astronaut Sultan Al Neyadi’s homecoming
The UAE president and the ruler of Dubai spent time in conversation with Al Neyadi – accompanied by his father and three of his children – and discussed aspects of the mission and his experience during his time in space. They congratulated him for completing the longest ever space flight...UAE cabinet sets up ministry of investment, approves new strategies
The new ministry will bolster the UAE's business aims and investment policies, apart from promoting its infrastructure as a global platform to attract investments in various sectors. The ministry will propose the general investment policies of the country in coordination with the relevant authorities, in addition to preparing strategies, legislation,...Dubai approves Palm Jebel Ali masterplan, twice the size of Palm Jumeirah
Dubai, UAE - Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum on Thursday approved the new futuristic development masterplan of Palm Jebel Ali. Part of the Dubai 2040 Urban Master Plan, Palm Jebel Ali is one of a series of projects being undertaken by Dubai-based real estate master developer...Dubai real estate sector deals increase by 80% in Q1 to $42.75 billion
Dubai, UAE – Dubai’s real estate sector recorded deals worth AED157 billion ($42.75 billion) in the first quarter of 2023, an 80 percent increase from the same period last year. Transactions worth AED528 billion were recorded during the year 2022, a 44.7 percent increase in volume and 76.5 percent increase...UAE okays 24 initiatives to double re-export industry by 100%
Abu Dhabi, UAE--The UAE government has endorsed 24 national initiatives to double the country’s re-export industry by 100 per cent over the next seven years. The measures were approved during a cabinet meeting chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler...Equestrianism is an integral part of UAE’s heritage
She was speaking at the Dubai International Equestrian Conference, organized under the theme "A touch of loyalty and gratitude .. Sheikh Hamdan bin Rashid: 50 years of giving to equestrianism," was held concurrently with the 20th Dubai International Arabian Horse Championship.Dubai receives 14.36mn international visitors in 2022
The latest data from the United Nations World Tourism Organisation (UNWTO) shows that global tourist travel in 2022 was 37 percent lower than 2019.Dubai ruler evinces support for global economic growth
Reiterating Dubai's resolve to work in collaboration with its global partners, Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has affirmed that the city was keen to explore new avenues in order to support global economic growth through the hosting of various exhibitions.UAE’s H1 non-oil trade billion dirhams for first time in its history
The UAE has proven to the world the recovery of international trade after the most difficult pandemic that humanity has gone through, said Prime minister Sheikh Mohammed bin Rashid Al Maktoum. Non-oil exports were about AED180 billion for the first time in its history, recording a growth rate of 8...Panel to steer development of digital ecosystem in UAE formed
The United Arab Emirates has formed a committee that aims to supervise and guide the development of the digital ecosystem in the country. The committee will also enhance readiness, competitiveness, flexibility and digital alignment between projects and digital systems in federal government agencies, an official statement said. The formation of...Expo City Dubai to open on 1 Oct, will house HQ of DP World
Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum said the Expo site will be transformed into Expo City Dubai, which will be home to a new museum, an exhibition center and free of single-use plastic.Dubai sees increased trade through commercial wooden dhows in Q1
Dhows coming from outside the country have been given direct access to local markets, including through Deira Wharfage and Al Hamriyah Port.UAE to send astronaut on six-month International Space Station mission
The United Arab Emirates announced Friday it will send an astronaut on a six-month mission to space, as it seeks to become a major player in the industry. The country signed "a new agreement to send the first Arab astronaut on a long 180-day mission to the International Space Station",...UAE’s GDP beats expectations, grows at 3.8 percent
The UAE's Gross Domestic Product (GDP) for 2021 has exceeded expectations, registering the highest rate in the region of AED 1.489 trillion. "In a turbulent and changing world, the UAE has been moving steadily forward,” Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum said ...Dubai passes new law to regulate virtual assets like Bitcoin
Dubai has promulgated a new law in order to regulate virtual assets that are becoming popular with many investors in the UAE and across the world.‘Most beautiful building on Earth’ opens in Dubai
Roadside signboards describe the museum as the "most beautiful building on Earth" ahead of its gala opening.UAE Cabinet okays trading cooperative shares on financial markets
The move is said to be conducive to strengthening the regulatory environment of the cooperatives sector and driving their economic returns.DEWA says 35% of work completed on Hatta power plant
The project is also part of DEWA’s initiative to develop the area to meet its social, economic, and environmental needs.Winners of 2022 Zayed Sustainability Prize honored for community services
The 2022 Zayed Sustainability Prize has been awarded to 10 winners who have contributed towards achieving sustainable development in their communities. The award ceremony coincided with the start of the 2022 Abu Dhabi Sustainability Week (ADSW) on Monday. Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, who gave away the...Dubai seeks feedback on social services to enhance quality of life
The UAE has issued a decree which seeks to obtain feedback from Emiratis on their requirements for social services, with the aim of enhancing their quality of life and strengthening neighborhood community bonds. Prime Minister of The UAE Sheikh Mohammed bin Rashid Al Maktoum issued it on Residential Neighborhood Majlises...Ruler establishes Dubai Council to deliver Emirate’s future vision
The council will focus especially on boosting the emirate’s leading-edge competitiveness and leadership regionally and internationally.Empower lists on DFM
Empower is the world’s largest district cooling services provider.DEWA inaugurates visitors center at Al Maktoum solar park
Saeed Mohammed Al Tayer, MD&CEO of Dubai Electricity and Water Authority (DEWA), has inaugurated the ‘Noor Energy 1 Visitors Centre’ at the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The 950-megawatt phase has investments totaling AED15.78 billion based on the Independent Power Producer (IPP) model. The...UAE and Brazil discuss ties, sign several agreements
The discussions took place between Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and Brazil President Jair Bolsonaro at Expo 2020 on Saturday. The meeting saw the signing of several agreements and MoUs between the two sides.Dubai arbitration center board gets ruler nod
Sheikh Mohammed bin Rashid Al Maktoum has directed the Board of Directors of DIAC to establish Dubai as a leading global center for alternative dispute resolution within the next three years, and ensure it maintains the highest standards of efficiency and transparency.Dubai increases ease of doing business by more than half
This was more than double the target of 30 percent reduction in business setup procedures that the emirate had set earlier this year.Dubai approves Hatta master development plan
The Hatta master development plan is said to be aimed at developing Hatta, an exclave of Dubai, into a tourist spot that will also serve as a local and international destination for business and investment. It is expected to be implemented as part of a five-year development plan in the...Dubai approves $17.7 billion over 20 years for citizens’ housing
The outlay is for the next 20 years, Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum said.Dubai to get new arbitration court
The court will be part of a new arbitration body formed by Dubai’s ruler, and have 13 members with non-renewable four-year terms.UAE pulls up underperforming tax authority, energy ministry
The UAE has said some underperforming government offices and ministries have 90 days to improve their digital services.UAE announces 50 national development projects
The projects are expected to lay the foundations for further growth of the UAE.UAE forms new law to punish erring ministers and officials
Any minister or senior official found guilty of corruption could be relieved of their job.Dubai Chambers reform aims to raise annual foreign trade to $540 billion
The emirate’s annual trade stood at $320 billion in 2020 Foreign trade focus likely on high-growth markets like Latin America, Asia Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum recently approved a new structure of the board of the Dubai Chambers to, among other things, raise the annual foreign trade...Dubai crown prince orders government procedures for doing business be cut by 30 percent
This is expected to improve Dubai’s, and in turn the United Arab Emirates’, position in the global Ease of Doing Business rankings The UAE’s score has already improved from 76.285 in 2015 to 80.915 in 2019, with the peak being 81.589 in 2018 Doing business in Dubai may...Dubai crown prince: Industries emirate’s driving force for productivity, growth
Dubai Industries & Exports to play a key role in making the emirate a hub for future industries, attracting foreign investment Under 'Operation 300bn', UAE industrial sector targets raising GDP contribution from $36 billion to $81.67 billion by 2031. The industrial sector in Dubai has become a driving force...









































