Middle East News

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Dubai’s Golden Visas Bolster City’s Resilience Amidst Global Office Downturn

February 18, 2024 at 9:00 AM GMT During the peak of the global pandemic, as Dubai grappled with expatriate departures and rising competition from nearby business centers, the government made pivotal decisions. These choices are currently shielding the city from the commercial real estate downturn sweeping across the world.   The United Arab Emirates, including …

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Ensuring Business Stability: A Comprehensive Guide to Divorce-Proofing Your Business

Thu 15 Feb 2024 Navigating Divorce with Your Business: Strategic Steps to Protect Your Assets   Divorce is a complex and emotionally charged process, especially when it involves a business. However, business owners have the opportunity to take proactive measures to safeguard their companies from potential upheaval in case of marital dissolution.   According to …

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Abu Dhabi and Shenzhen Forge Twin City Pact

Thu 15 Feb 2024 Abu Dhabi and Shenzhen Ink Twin City Pact to Foster Smart City Development   Abu Dhabi, the capital of the UAE, and Shenzhen, China, have formalized a Twin City agreement aimed at sharing expertise and collaborating on smart city initiatives spanning various domains. These encompass infrastructure, urban planning, eco-friendly transportation, cutting-edge …

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Etihad Cargo Emerges as a Top Choice for its Temperature-Controlled Cargo Solutions

Fri 16 Feb 2024 Etihad Cargo Sees Significant Growth in PharmaLife and FreshForward Products   In 2023, Etihad Cargo witnessed impressive growth in its PharmaLife and FreshForward products, with PharmaLife experiencing a remarkable 37 percent increase and FreshForward recording a 10 percent rise compared to the previous year.   The surge in pharmaceutical shipments underscored …

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UAE-Mauritius CEPA Trade Agreement: A Mutual Benefit for All, Positioning the Middle East as Africa’s Gateway

Thu 15 Feb 2024 A trade pact between the UAE and Mauritius is poised to act as a conduit linking the Middle East to Africa, as highlighted by Prithvirajsing Roopun, the President of Mauritius.   President Roopun emphasized that the Comprehensive Economic Partnership Agreement (CEPA) with the UAE will position Mauritius as a pivotal gateway …

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Japan intends to introduce visa-free travel for Kuwait: Diplomat

Thu 15 Feb 2024 Japan is in the process of granting visa-free travel for Kuwaitis and is close to implementing waivers for diplomats, according to a senior official.   Japanese Ambassador Morino Yasunari stated that the Japanese government is actively working to streamline travel for Kuwaiti citizens to Japan, undertaking various measures to achieve this …

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UAE Reaches Landmark Achievement with Record Non-Oil Trade Exceeding $952 Billion: Sheikh Mohammed

Sun 18 Feb 2024 The UAE has achieved a monumental milestone in its non-oil foreign trade sector, with the total value of goods and services reaching a historic high of AED 3.5 trillion in 2023.   Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, unveiled …

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Altman Envisions UAE as Global Hub for AI Regulation Testing

February 13, 2024 at 8:16 AM GMT Altman of OpenAI Proposes UAE as AI Regulatory Testing Ground During a virtual appearance at the World Governments Summit, Sam Altman of OpenAI suggested that the United Arab Emirates (UAE) could function as a “regulatory sandbox” for testing artificial intelligence (AI) technologies, with the potential to shape global …

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UAE Endorses Sam Altman’s Proposal to Transform It into an AI Testing Hub

February 15, 2024 at 9:59 AM GMT The United Arab Emirates is poised to take center stage in testing and regulating artificial intelligence technology on a global scale, according to a senior official, echoing sentiments expressed by OpenAI’s CEO Sam Altman earlier this week.   Altman’s assertion that the UAE could evolve into the “epicenter …

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Dubai Real Estate Transactions Soar to $173 Billion in Record-Breaking Year; Non-Resident Investors Show Significant Increase

Dubai Witnesses Record-Breaking $173 Billion in Real Estate Transactions in 2023 Dubai experienced a significant surge in real estate transactions, reaching nearly $173 billion in 2023, marking an all-time high for the emirate.   The Dubai Land Department (DLD) reported a remarkable achievement with 1.6 million transactions encompassing various real estate activities, including transactions and …

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