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Showing posts from November, 2020

The UAE is a popular destination for wealthy foreigners for a number of reasons.

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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in

Study reveals 98% trust of Dubai resident on police

  For any country, happy and content citizens are the sign of its progress and the United Arab Emirates has been successfully doing that. The new feather to its hat is Dubai getting the nod of 98% of its residents being satisfied with the police integrity. According to a survey conducted by the Community Development Authority (CDA) and the Dubai Statistics Centre, Dubai received an overwhelming majority as its citizens showed their trust in the emirates police. The results of the survey, which was released on Friday, only two percent of the people in Dubai did not fully trust the emirates police. This is the lowest among all the other countries where this survey was taken. Dubai topped Western Europe that showed 84% trust on the regions policing system while as of Southeast Asia, 83% residents showed their trust in the police. In the United States and Canada, the percentage was further below at 79%. For the senior officials, it is no less than a medal for the Dubai police awarded

With the ‘Hope Consortium’ Abu Dhabi becomes logistics hub for Covid-19 vaccine

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  The United Arab Emirates steps up in organising facilities for the upcoming Covid-19 vaccine as Abu Dhabi launches a logistical facility--Hope Consortium--which will be the hub for Covid-19 vaccine distribution for all over the world. People and the healthcare sector are desperately waiting for coronavirus vaccines to hit the market but with it, they are also looking for vaccine logistics. Abu Dhabi has cemented its position as the leading logistical hub for the much anticipated vaccine to facilitate its distribution. With this consortium plan , the aim is to complete the chain of supplies that will be taking care of the transportation of the vaccines, leading up to the demand, using technology for the infrastructure used in the process and finally the ultimate destination to make vaccines available across the world. In November itself, the Hope Consortium member Etihad cargo services have transported around five million vaccines. These vaccines were sent by the Department of h

Investments keep coming Abu Dhabi’s way even during covid, experts credit governments diverse policies

  There is a reason why when the whole world was going through an economic meltdown, the United Arab Emirates, especially Abu Dhabi is doing wonders for itself in the financial sector. Even with an unpredictable nature of the year 2020, the Emirati capital has managed to create a space for itself in non-traditional sectors such as oil.   An article in the pharmaceutical technology revealed that in a report of UNCTAD’s 2020 World Investment Report, the UAE was the largest FDI recipient in the Middle East in 2019, with flows of almost $14bn, up by a third from the year before.   H.E. Dr Tariq Bin Hendi, director general of the Abu Dhabi Investment Office (ADIO) credited the government for tackling the coronavirus pandemic efficiently and keeping the future perspective of the country in mind.   But it is not only him but the general population believes that the government has managed to keep the public interest theri priority showed its keen involvement in diversifying the economy.

UAE, Greece solidify strategic foundation as Sheikh Mohamed bin Zayed meets the Greek PM

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In an attempt to strengthen the strategic partnership between the United Arab Emirates and Greece, Sheikh Mohamed bin Zayed met with the Greek Prime Minister Kyriakos Mitsotakis on Wednesday. With this meet, the crown prince of Abu Dhabi and the deputy supreme commander of armed forces, Sheikh Zayed hopes to establish better cooperation across various fields between the two countries. He expressed his happiness on twitter saying, “I had the pleasure of meeting Kyriakos Mitsotakis, the Prime Minister of Greece, and I am happy to announce the establishment of a strategic partnership to enhance political, economic and cultural co-operation between our countries.” https://twitter.com/MohamedBinZayed/status/1329044192249720834?s=20 The meeting took place in Al Shati Palace in Abu Dhabi where the crown price welcomed the Greek PM and his officials who reportedly discussed the rapidly changing dynamics of the two countries and the ways of developing their joint interests in different areas. T

UAE announces coronavirus vaccines for armed forces of the country at a conference

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  In a latest development in its fight against the novel coronavirus, the country has given covdi-19 vaccine to over 30,000 Armed Forces personnel and national service recruits. Last few weeks have seen the United Arab Emirates delegates receiving vaccines by the healthcare officers. This initiative has been taken with the aim to safeguard the interest of Armed personnels and support them as they fight to protect the nation, confirms Brig Gen Dr Aysha Al Dhaheri, commander of the Medical Services Corps. Recently the UAE allowed usage of the vaccine developed by the combined effort of UAE sciences and the Chinese manufacturer Sinophram. The decision was taken only after phase three trials of the ‘inactivated vaccine’ was started. As of now, the vaccine was revised by the healthcare officials, senior officers, people in power like the UAE Cabinet, including Sheikh Mohammed bin Rashid, who is also the Vice President and Ruler of Dubai. “When the trial came we encouraged a large number of

How will US-UAE relationship unfold in controlling terrorism?

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  When it comes to terrorism, the United States has a major role to play. The economic powerhouse not only controls the other major powerhouse all over the world but also observes the activities that are being conducted concerning terrorism.   Historically, the Middle East corporation has also played an equally important role in controlling the terror activities in the region, the United Arab Emirates is one of them. Now that the US has got a new face in the form of democrat leader Joe Biden, there are some aspects that the two need to discuss as far as terrorism is concerned.   After November 7, when it was declared that the new president-elect will be Biden, experts have shown optimsm for newer possibilities and positive approach in between the two nations.   One of them is Shaan Saee, who is the Chief Economist of IQI holdings said while talking to the Gulf today, “ I expect Biden will seek cooperation in the areas of economy, defence and oil and gas sector. American companies

Israel hurries launching flight services to the UAE

  Since the United Arab Emirates officially announced opening borders and diplomatic talks with Israel, relations between the two are rapidly escalating and the latest addition is launching flights between the two countries.   To go by the latest development, Israelis may start boarding non-stop flights to the UAE, which in itself is an achievement considering the hostility shown by the middle east to Israel just a few months ago. There are talks of launching three Israeli airlines to Dubai as Dubai is the only Emirate that is allowing forign visitors at present.   First few flights will be launched by the end of November itself, which will be a mix of Boeing 737-900ER and 787-9 Dreamliner aircraft, reported by the foreign media. The first commercial flight between the two nations was flown in August by El Al which carried delegations from both Israel and UAE and also included Jared Kushner who is credited with brokering the deal.   Gradually, flights from other airlines will als

UAE Prime Minister received trial vaccine for Covid-19 on Tuesday

  A lot of governments officials and authorities have been posting about them receiving covid-19 trial vaccine on their social media handles and now the United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum. The prime minister who is also the vice president of the country posted a picture of him getting a shot on Twitter and captioned the post saying, “We ask God to protect and heal everyone.” He can be seen receiving the vaccine in shoulder. “We appreciate the efforts of the teams that worked hard to make our country one of the first to receive the vaccine for this virus. The future is always better and more beautiful in the United Arab Emirates,” Sheikh Mohammed said. The UAE has been granted approval by the health authorities to use Covid 19 vaccine for emergencies and hence frontline heroes, health officials and ministers have been getting shots of the vaccine, which is the third phase of its trial.   https://twitter.com/HHShkMohd/status/1323543394350759