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Showing posts from April, 2023

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

UAE's Engagement with Mercosur: Strengthening Regional and Global Trade Relations

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The meeting between the UAE Ambassador to the Argentine Republic and the non-resident Ambassador to the Eastern Republic of Uruguay and the Republic of Paraguay, and Ambassador Bernardino Hugo Saguier Caballero highlights the growing importance of South America in the UAE's foreign policy agenda. During the meeting, both sides emphasized the critical role played by the Mercosur bloc in foreign trade at the regional and global levels. The UAE's engagement with Mercosur demonstrates its commitment to building strong diplomatic and economic ties with the region, as well as its broader commitment to multilateralism and global trade. As a key member of the Mercosur bloc, Argentina has a pivotal role to play in expanding the UAE's access to regional and global markets. By enhancing opportunities for cooperation between the UAE and Mercosur members, both regions stand to benefit from increased investment, trade, and cultural exchange. The meeting underscores the importance of bui

The UAE Approves 71 Economic Activities to Promote Sustainable Farming and Boost Economic Growth"

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  The United Arab Emirates (UAE) has recently approved 71 economic activities to support sustainable farming in the country. This move is expected to enhance food security, promote innovation, and boost economic growth in the region. The UAE government's decision to support sustainable farming practices is commendable. As the world's population continues to grow, ensuring food security is becoming increasingly important. The UAE's focus on sustainable agriculture practices can help ensure that the country's food supply remains stable in the face of potential challenges, such as climate change or other environmental factors. Furthermore, the approval of these 71 economic activities is expected to boost income for farmers in the country. This is particularly important in rural areas, where farming is often a primary source of income for families. By supporting sustainable agriculture practices and promoting innovation, the UAE is helping to ensure that farmers have acces

India-UAE trade partnership set to strengthen with new gold import policy

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  India and the UAE have enjoyed a strong trade partnership for decades, and it appears that it will continue to grow stronger as India prepares to open a new window for importing gold from the UAE. The move is designed to enable broad-based participation in the TRQ (tariff rate quota) process by making all imports available to interested parties, rather than restricting them to just manufacturing importers. This new policy is expected to boost India's gold trade with the UAE significantly. The Indian government has always viewed the UAE as an important trading partner, and this latest move to increase the import of gold from the UAE is a testament to the strength of the relationship. The new policy is expected to attract a wide range of stakeholders, including jewellers, refiners, and traders, all of whom will be able to import gold from the UAE. By doing so, the Indian government hopes to make the TRQ process more inclusive and create a level playing field for all interested par

Ukrainian journalist shot dead by Russian snipers in ambush near Kherson

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  Bogdan Bitik, working with reporters for Italian newspaper La Repubblica, has been killed by Russian snipers in an ambush near Kherson in southern Ukraine , while his Italian colleague Corrado Zunino sustained injuries to his shoulder and is now in the civil hospital in the city. Bitik, who had a son with his wife, was working as a fixer for Zunino, La Repubblica said on Wednesday. Zunino, who had extensively covered the year-long brutal invasion, told the newspaper he had been wearing a bulletproof vest with "press" on it when they were attacked. The Italian journalist has got a wound on his right shoulder, shaved by the bullet that hit Bitik. "I crawled until I got out of the line of fire. I ran until I came across a civilian's car ... I got myself taken to the hospital," he added. Further elaborating on the incident, Zunino tried several times to call Bitik, but he didn't answer. He was on the ground and wasn't moving. La Repubblica said it's cu

The Power of Digital Services in the UAE Job Market: Why Job Seekers Need to Embrace Technology

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  Recent research has shown that the average person in the UAE now uses seven different digital services when looking for or applying for a new job. This includes social media platforms, company websites, and job sites. This trend highlights the importance of technology in the job market and why job seekers need to embrace these digital services. According to data from Cisco AppDynamics, social media platforms are the most popular digital service for job seekers in the UAE, with 70% of consumers using them to find employment. This is not surprising, as social media has become an essential tool for networking and connecting with potential employers. By utilizing social media, job seekers can showcase their skills and experience to a wider audience, making it easier for them to find the right job. In addition, company websites and job sites were also found to be popular digital services for job seekers in the UAE, with 65% and 63% respectively relying on them to find employment. Company

.UAE and Germany Partner Up to Drive Decarbonization and Ensure Energy Security

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  The United Arab Emirates (UAE) and Germany have recently announced a new partnership aimed at promoting decarbonization and energy security. The partnership comes at a time when both countries are actively pursuing ambitious clean energy goals and seeking ways to address the global climate crisis. The agreement, which was signed during the recent Abu Dhabi Sustainability Week, outlines several areas of cooperation between the UAE and Germany. These include the development of renewable energy projects, energy efficiency programs, and sustainable urban planning initiatives. One key focus of the partnership will be the development of hydrogen technologies, which are seen as a crucial component of the global transition to a low-carbon economy. Both the UAE and Germany have identified hydrogen as a key area of strategic importance, and both countries have set ambitious targets for the deployment of hydrogen technologies in the coming years. In addition to hydrogen, the partnership will a

UAE regarded as the best Arab nation for inhabitants' access to economic opportunities: Report

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  When it comes to providing citizens and investors with the most economic prospects, the UAE has been regarded as the best Arab nation overall. In the list of 128 countries, the World Citizenship Report 2023 ranked the UAE 20th overall and first in the Middle East and Arab area for "Economic Opportunity Rankings," placing it ahead of countries like Iceland, Malaysia, China, Qatar, Italy, Saudi Arabia, South Korea, and Turkey. Globally, the top five nations that offer the finest economic prospects are Singapore, the US, Hong Kong, the Netherlands, and Japan. The UAE has made a number of announcements to make doing business easier, including the introduction of a new long-term visa regime, 100% foreign ownership to foreigners, zero income tax, very low corporate income tax, and signing of the Comprehensive Economic Partnership Agreement (CEPA) with a number of nations to facilitate and ease trade with major economies like India, Israel, and others. According to the 2022 IMD

UAE's Rashid Rover: Pushing the Boundaries of Space Exploration and Innovation with Lunar Landing Attemp

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  The UAE's space program has been making significant strides in recent years, and all eyes are now on the Moon as the country's Rashid Rover attempts a lunar landing on April 25th. This mission is a testament to the UAE's commitment to pushing the boundaries of space exploration and innovation. The Rashid Rover's lunar landing attempt is a monumental achievement for the UAE's space program, and it marks a significant milestone in the country's quest to become a leading player in the space industry. The mission is part of the Emirates Lunar Mission, which aims to study the Moon's surface and environment, as well as to test new technologies that could be used in future space missions. The Rashid Rover is equipped with advanced scientific instruments that will allow it to study the Moon's geology, mineralogy, and other aspects of its environment. The mission will also help scientists gain a better understanding of the Moon's composition and history. B

Dubai Metro used by more than two billion passengers since its launch

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  Dubai Metro has carried over two billion passengers since its launch on September 9, 2009, according to a report by Dubai Media Office. Dubai Metro' s red line has transported 1.34 billion passengers since its launch. The green line served over 673 million people. Dubai Media Office said on Sunday that it maintained a punctuality rate of 99.7 per cent in 2022. Reportedly, over 616,000 passengers used the metro daily in 2022. Last year, over 621 million journeys were made on Dubai public transport. Expo 2020 Dubai took place in 2022. The event attracted a large number of visitors from various countries. Visitors used public transport to get to Expo 2020 Dubai, which concluded on March 31 last year. Reportedly, Mattar Al Tayer, the Roads and Transport Authority's director general and chairman said, “Statistics reveal a consistent rise in Dubai Metro ridership since the start of the service in September 2009. In 2022, the Dubai Metro set a new record and the highest since its l

UAE: Aljada's garden villa community's 114 villas are now complete thanks to Arada

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  At the Sharjah megaproject Aljada, Arada announced that it has started transferring ownership of 114 townhouses and semi-detached villas in the Sarab 2 garden villa neighborhood. The only villas and townhouses in the Aljada masterplan are found in the two Sarab neighborhoods. At Sarab, a stove, hood, and washer/dryer are already built in every residence, along with smart home amenities. "The prompt delivery of the high-quality homes in Sarab 2 allows homeowners to enjoy an exceptional lifestyle in homes inspired by nature in one of the most desirable locations at the rapidly expanding Aljada community," said Ahmed Alkhoshaibi, group CEO of Arada. While both Sarab communities are situated in quiet, remote areas of Aljada, they are only a short stroll from Madar, the fastest-growing leisure and entertainment hub in the UAE with a 1.9 million square foot complex built by Zaha Hadid Architects. Following the completion in December of 2,473 apartments at the upscale student hou

Rashid Rover Landing: UAE's Space Mission Gets a Major Boos

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  The UAE' s space mission has received a major boost with the recent landing of the Rashid rover on the surface of Mars. This significant achievement marks the latest success in the country's ambitious space program, which aims to establish the UAE as a leading player in space exploration. Adding to the excitement, Mr. Al Neyadi is set to attempt a spacewalk this week as part of the UAE's space mission. The spacewalk attempt is not just a major milestone for the UAE but also for the entire world. Spacewalks are considered one of the most challenging and daunting activities in space exploration, and only a handful of astronauts have had the opportunity to experience them. The spacewalk will be an incredibly risky endeavor for Mr. Al Neyadi, and it will test his physical and mental capabilities to the limit. However, the UAE's space program has been meticulously planned and designed to overcome such challenges, making the nation one of the most capable and innovative spa

G-7 Agriculture Ministers' Pledge for Sustainable Agriculture Productivity to Strengthen Global Food Security

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  The recent pledge by the agriculture ministers of the G-7 advanced economies to promote policies for sustainable agriculture productivity is a significant step towards strengthening global food security. With climate change and the crisis in Ukraine threatening food security, it is essential for countries to come together and implement policies that support sustainable agriculture and food systems. The "Miyazaki Actions" action plan, which outlines policies to be implemented by each country, including reducing greenhouse gas emissions and facilitating responsible private sector investment, will play a crucial role in achieving sustainable agriculture and food systems. It is heartening to see that the G-7 agriculture ministers recognize the impact of the crisis in Ukraine on global food security and are deeply concerned about it. This underscores the importance of international cooperation to address food security issues. The G-7 statement and action plan will be reflected

The Imperative of Envisioning the Future: The Success of the World Government Initiative

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  The world is changing at an unprecedented pace, and predicting the future has become an essential obligation. The success of the World Government initiative, a decade-long collaboration between the United Arab Emirates and nations worldwide, is a testament to the importance of envisioning the future. Led by the visionary leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, the 2023 World Government summit attracted over 10,000 global leaders. This summit went beyond exploring previously predicted issues and transcended them, paving the way for a brighter future for us all. The World Government initiative is a shining example of how collaboration and vision can lead to transformative change. The initiative brings together leaders from different nations and entities, transcending boundaries and differences, to work towards a common goal: creating a better future for all. With the world facing challenges such as climate ch

Dubai locals throng to Beach Canteen for food, entertainment, and celebrations

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  Residents flocked to the Dubai Food Festival , which began on Friday, the first day of Eid Al Fitr. Visitors were spoilt for choice as they sated their cravings with a vast selection of gastronomic options at Etisalat by e& Beach Canteen. Etisalat by e& Beach Canteen, a component of Dubai Food Festival (DFF), comes back this year to celebrate the special 10th edition of DFF, which includes 17 days of food and entertainment. The characteristic shipping containers used by the pop-up concept are famous for being turned into food stands. This event is free to attend and offers a fun beachside setting for friends, families, and foodies to enjoy the outdoors through can't-miss activities at each of its zones, each of which promises a distinctive experience. The Beach BBQ zone will deliver the beach-side grilling vibes one likes as one strolls around the food bonanza. Visitors can choose from a variety of fresh-off-the-grill dishes in the zone, which is devoted to a variety of