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Showing posts from August, 2022

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

Texas reports the first death due to monkeypox in the US

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  Texas has reported the first death of a person diagnosed with monkeypox in the United States . The Centers for Disease Control and Prevention (CDC) has confirmed 15 deaths worldwide. The Texas Department of State Health Services (DSHS) said that the patient who died due to monkeypox was an adult living in Harris County in the US. John Hellerstedt, DSHS Commissioner, reportedly said, "Monkeypox is a serious disease, particularly for those with weakened immune systems.” He also urged people to take treatment if they have been exposed to monkeypox. The DSHS also advised people to contact their doctors if they experience fever, chills, swollen lymph nodes and new rash. Reportedly, monkeypox patients develop severe skin rashes on the face and other body parts. They also develop a series of symptoms, including fatigue, headache, inflammation, fever and a sore throat. It can enter the human body through broken skin, the respiratory tract, eyes, nose and mouth. Reportedly, the CD

UAE's air bridge operation to provide aid to flood victims in Pakistan

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T he Joint Operations Command, which is the Ministry of Defense's representative, has started running an air bridge to deliver humanitarian aid from the UAE to Pakistan. In order to contribute in attempts to lessen the suffering of individuals affected by torrential rains and floods , the relief aid includes shelter supplies, humanitarian necessities, food, and medical parcels. President HH Sheikh Mohamed bin Zayed Al Nahyan directs support to areas affected by torrential rains and floods in #Pakistan . #UAE Ministry of Defence Joint Operations Command begins operating urgent humanitarian aid air bridge to the Pakistani people. #UAEAid pic.twitter.com/O102b1be7s — وزارة الدفاع |MOD UAE (@modgovae) August 29, 2022    The action is in accordance with President His Highness Sheikh Mohamed bin Zayed Al Nahyan's orders to support the friendly people of Pakistan in any way possible in light of the effects of the most recent floods. The first Emirati relief jet arrived in Pakistan

Flood-ravaged Pakistan may import tomato and onion from India amid a spike in prices

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  Flood-ravaged Pakistan may import tomatoes and onions from India amid a massive spike in the prices of various vegetables and fruits in Lahore and other parts of Punjab province, according to the market dealers. The flood has sent food prices soaring in Pakistan. On Sunday, per kg of tomato and onion were available in Lahore's markets at around Rs500 and Rs400 respectively. Jawaad Rizvi, a wholesale dealer in the Lahore market, reportedly revealed that the prices of commodities will increase further in the coming days. The supply of vegetables from Balochistan, Sindh and south Punjab has been affected because of floods. Rizvi told PTI, "In the coming days, onion and tomato per kg prices may cross Rs 700. Similarly, the potato price has increased from Rs 40 per kg to Rs 120 per kg.” Another reason for soaring food prices is the short supply of vegetables and fruits after the destruction of the crops on thousands of acres by the destructive floods in Balochistan and Sind

The UAE Aid To Pakistan Following Torrential Rains And Floods

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  The President of the United Arab Emirates (UAE), His Highness Sheikh Mohamed bin Zayed Al Nahyan, has ordered urgent relief aid to the Islamic Republic of Pakistan as the country is witnessing torrential rains and floods that have caused deaths, injuries and displacements. His Highness has also ordered the provision of all humanitarian relief services to the displaced people to improve their ability to overcome the challenges they are facing because of torrential rains and floods. The UAE relief aid for Pakistan includes around 3,000 tonnes of food and medical and pharmaceutical supplies, and tents and shelter materials. The relief aid teams will also offer humanitarian support to Pakistani cadres and institutions in order to boost their efforts to secure the safety of the flood victims and their food, medical and logistical needs. On Saturday, His Highness called Pakistan’s Prime Minister Shehbaz Sharif and offered condolences to the flood victims. Reportedly, the flood kille

Mideast producers cautious as price rises amid recession fears

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  The national oil firms in the Middle East were living the good life, making unrestricted profits in the face of triple-digit oil prices. In the big scheme of things, September 2022 is unlikely to make any difference, but this year more than ever, macroeconomic forecasts and consumption algorithms have been plagued by worries about demand annihilation. There is little chance of global growth because China is also struggling to restart economic growth, the United States is now technically in a recession, and the European Union will follow suit once Q3 closes. While Iran is getting closer to some form of a deal breakthrough and Libya has returned (even if it turns out to be a brief comeback), falling outright prices have corresponded with flattening futures curves. So pricing in September is probably going to be the last month when Middle Eastern NOCs can still be assertive. Saudi Aramco increased all of its Asian prices for September 2022, but did so with extreme care. The hikes we

Elon Musk’s ex-girlfriend auctions old photos of Tesla CEO to raise money

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  Elon Musk’s ex-girlfriend Jennifer Gwynne has put up old pictures of them from their college days for the auction to raise some money for her stepson’s college fees. Gwynne dated the Tesla founder in 1994 when they were in their early 20s and studying at the University of Pennsylvania. They dated for a year. Gwynne kept their old photographs from their college days. She has now begun auctioning their old photographs and personal items to get some money. Speaking with a news media portal, Gwynne said their romance was “sweet” but wasn’t “extremely affectionate.” She reportedly said, “We met in the fall of 1994. I was a junior and he was a senior. We were in the same dorm and we worked together.” They broke up when Musk moved to Palo Alto in 1995. Later on, Musk started dating his first wife, Justine Wilson. According to media reports, Gwynne hadn’t thought of selling the old photographs of her and Musk when they were in a relationship. However, later on, she decided to auction t

UAE: Ways to prevent trends like 'the great resignation'

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  Experts have stated that finding the appropriate job involves more than just salary in light of viral workplace trends like "the great resignation" and "silent resigning."   According to Tibet Eriolu, VP of the Adecco Group, a provider of worldwide HR solutions, "a strong work-life balance is increasingly crucial." In fact, over 25 percent of employees who leave their employment take positions with lower salary in exchange for benefits like a better workplace culture.   People have been leaving their jobs or quietly quitting over the past couple of years because they are so unsatisfied with their jobs, the expert added.   According to Niousha Ehsan, a certified life coach, mentor, and advocate for leadership and workplace culture, many are quietly leaving their jobs to prevent burnout.   "When workers are unfulfilled, they only want to accomplish the absolute minimum to do the job. Instead of giving their all to be the greatest at what the

Johnny Depp Accused Of ‘Threatening Witnesses’ & Making Them Testify Against Amber Heard

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  American actor Johnny Depp has been making headlines after winning his defamation trial against his ex-wife Amber Heard. However, the legal drama continues as both actors appeal the verdict. Latest reports revealed that Depp allegedly made his legal team “threaten” the witnesses for winning the defamation case. As per The News, the documents stated that the “declarations were often obtained through threats and deception.” Reportedly, Laura Divenere testified that she only provided a declaration after Waldman (Johnny Depp’s lawyer) threatened her with negative consequences if she did not cooperate with him. This month, Heard surprised people by declaring bankruptcy after being unable to pay the fine of the trial Depp. After the end of the trial, the jury ruled that Heard had to pay $10 million in damages to Depp. On the other hand, Depp would also have to pay $2 million as compensation to Heard. After the final verdict, Heard’s lawyers explained to the judge that Heard would not h

Pakistan police charge ex-Prime Minister Imran Khan under the terrorism act

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  Pakistan's police have charged the country's ex-Prime Minister, Imran Khan, under anti-terror laws because he threatened police, judiciary, and other state institutions at his Islamabad rally. Reportedly, Khan accused the Pakistan police and judiciary of detaining and torturing his close aide. However, according to the police, Khan’s close aid was detained under sedition charges. On Saturday, at a rally in Islamabad, Khan slammed Islamabad's police chief and a female judge for the detention and alleged mistreatment of his party colleague, Shahbaz Gill. He also threatened the police and the judiciary. While referring to them, he said, “You should also get ready as we will take action against you.” Subsequently, Pakistan police officers accused the former prime minister of breaching the country's anti-terrorism act for allegedly making threats against judiciary and state officials. Hundreds of the former prime minister's supporters gathered outside his home in Islam

New virus 'Tomato flu' detected in India

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  While the world continues to fight against monkeypox and the Covid-19 virus, another new disease has been found called ‘Tomato flu’. Those infected with 'Tomato flu' have symptoms like red blisters on the skin, joint pain and fever. Doctors have sounded an alarm over this new illness. 'Tomato flu' has been found in three Indian states: Kerala, Tamil Nadu and Odisha. According to Lancet Respiratory Journal, cases of 'tomato flu' were first reported in Kerala's Kollam district. Reportedly, it has so far infected 82 children. According to Lancet, these kids are under the age of 5. Lancet said in its report, “Just as we are dealing with the probable emergence of the fourth wave of Covid-19, a new virus known as tomato flu, or tomato fever, has emerged in India in the state of Kerala in children younger than 5 years.” Tomato flu is caused by intestinal viruses. The disease is rare in adults as they usually have strong immune systems. The disease has been

Monkeypox Vaccines "Not 100% Effective", Says WHO

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  Vaccines against monkeypox are not 100 per cent effective, said WHO (World Health Organisation). People must reduce their own risks of infection, WHO technical lead, Rosamund Lewis, warned on Wednesday. The new development comes when more than 35,000 cases of monkeypox have been reported across more than 92 countries. Reportedly, 12 deaths have been attributed to the disease. While addressing a press briefing, Lewis said that WHO is "not expecting a 100 per cent efficacy" for vaccines for the prevention of monkeypox. WHO Director-General, Tedros Adhanom Ghebreyesus, said that almost 7,500 cases were reported last week, a 20 per cent increase from the previous week. During the media briefing, Adhanom Ghebreyesus announced the news. Last month, Tedros announced that the global monkeypox outbreak represents a public health emergency. Subsequently, WHO declared a global health emergency over the monkeypox outbreak. According to Tedros, monkeypox cases are being reported from

UAE treasury bonds rise 5.1 times so far in 2022

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  The third auction of UAE treasury bonds in dirhams was 5.1 times oversubscribed and generated bids totalling AED 7.6 billion. The auction is a component of the UAE's 9 billion AED plans for T-bond issuance in 2022.   The Ministry of Finance (MoF) reports that a total of AED 1.5 billion in two tranches of two and three-year notes, each worth AED 750 million, were issued in the third auction.   According to the ministry, "the success is evident in the excellent market-driven prices, which was reached by a spread of a 16 basis points (bps) over US Treasuries for two years, and a 15 bps over US Treasuries for three years.   The last month for which data is available in June, which marked the conclusion of the protracted period of constraint. According to Treasury Department data, Saudi Arabia upped its stockpile by $4.5 billion, the largest since August 2020, to a little over $119 billion. It's still very close to its lowest point since 2017.   Adding $1.6 billion was the ne

Defaulters in Dubai can pay outstanding funds in instalments

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  In order to amend Article No. (25) of Executive Council Resolution No. (5) of 2021, which relates to Executive Regulation of Law No. (1) of 2016 on the Financial Regulations of the Government of Dubai, His Majesty Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, issued Executive Council Resolution No. (53) of 2022.   In accordance with Article No. (25) on the payment of unpaid public funds in instalments, any public monies included on a list that a government body submits to the Department of Finance may be paid in instalments by the entity's head or an authorized representative (DoF).   Public funds must be due by the date on which the application for payment by instalment is submitted, and the number of public funds to be paid by instalments cannot be less than the minimum amount set by the DoF, according to the Resolution. Other requirements include that public funds be due by the date on which the applica

Robert B. Charles talks about the importance of the relationship between UAE and its allies

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In 2020, the United Arab Emirates (UAE) established full diplomatic relations with Israel, making it the third Arab nation to establish formal relations with Israel and the first new country to do so in 28 years by signing the Abraham Accords. Former US President Donald Trump welcomed breakthroughs at that time. The two countries also thanked Trump for advancing their positions in Washington. At that time, the leader of Lebanon’s Hezbollah movement condemned the deal between Israel and the UAE. Over the years, the UAE also participated in peacekeeping operations in the region, including Palestine and Israel. Robert B. Charles talks about strategic realities Prolific Solutions wrote an article highlighting the facts about the UAE’s relationship with other Middle East countries. Robert B. Charles, an American lawyer and Republican political figure, talked about the strategic relationships between UAE and other Arab countries. B. Charles served as Assistant Secretary of State in the

UAE: Travelers to save time on Schengen visa appointments

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  Finally, UAE citizens no longer have to wait three months or longer to travel to Europe on a Schengen visa. This will undoubtedly increase corporate travel to the EU as the UAE prepares for a new season after the summer. The availability of Schengen visa appointments is currently dependent on the embassy or nation that travelers from the UAE are applying with, according to Raheesh Babu, Chief Operating Officer of the online travel site Musafir.com. Some nations won't accept appointments for visas beyond October. Airlines' prices to Europe will start to decline starting in the first week of September, according to travel agents. Currently, a ticket to Amsterdam can cost between Dh3,000 and Dh4,000; however, in September, the cost will be between Dh1,500 and Dh2,500. Currently, a one-way ticket to Berlin will cost at least Dh3,000, but that price will drop to 50% by the end of the month. For a ticket to Madrid, airlines are already charging up to Dh2,500, but future price incre

Massive India-US Flag Flies In Sky In First-Ever India Day Parade In Boston

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  A 220-feet US-India flag flew high in the sky in Boston, a city in Massachusetts, during the first-ever India Day Parade to mark the 75th anniversary of India’s independence in the American city. The event attracted everyone's attention. The Indian Day Parade was attended by many people from over 30 countries. The event reflected the diversity of India and the United States. India's tricolour flying high in the sky gathered people’s attention. The parade was led by former Indian cricket player R P Singh. The event was addressed by several politicians from Massachusetts and New England. Many eminent Indian-American celebrities from the region also attended the event. Community leader Abhishek Singh, the president of the Federation of Indian Associations-New England and the organiser of the parade, said, “The first-ever India Day Parade in Boston was a historic success. All credit goes to the Indian-Americans in the city and the volunteers who worked day and night to make this

UAE is prepared for an emergency as COVID-19 cases cross 1 million mark

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  The Covid-19 cases have surpassed the 1 million mark in the United Arab Emirates (UAE). The country’s frontline agency said it is prepared for a national emergency amid rising numbers of Covid-19. The UAE has a history to prove its preparedness to confront national emergencies, including the Covid-19 pandemic. Earlier this year, the country topped the list of countries with a population of over one million in addressing the Covid-19 pandemic in terms of the rate of fully vaccinated individuals. Sheikh Sultan bin Tahnoon Al-Nahyan, Chairman of the Board of Directors of the Frontline Heroes Office, said in a statement, “Surpassing the one million mark for positive COVID-19 cases reaffirms the UAE’s future emergency preparedness network and continued social and economic prosperity.” He further appreciated the help of people. He also noted that the UAE consistently ranked as having one of the lowest infection and mortality rates of any country worldwide. Sheikh Sultan also noted the publ