21 Dhu al-Qi'dah 1445 - 29 May 2024
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Eye of Riyadh

Minister of Economy and Planning Meets OFID's Director General
Government | Tuesday 28 May, 2024 1:32 pm
Minister of Economy and Planning, Faisal bin Fadhil Alibrahim, met with the Director General of the OPEC Fund for International Development (OFID), Dr. Abdulhameed Abdulhamid Al Khalifah, during his official visit to the Republic of Austria.During the meeting, they discussed issues of mutual...
Sharjah Chamber enhances cooperation with Hong Kong in international commercial arbitration
Government | Tuesday 28 May, 2024 8:41 am
The Sharjah Chamber of Commerce and Industry (SCCI) and a high-level judicial delegation from the Hong Kong Special Administrative Region, explored avenues for enhancing cooperation in the field of commercial and investment laws. Both sides also discussed establishing a strategic partnership...
Ajman Department of Finance, Marsa Properties Sign Agreement to Enhance Emirate’s Investment Environment
Government | Sunday 26 May, 2024 11:44 am
The Ajman Department of Finance has finalised a service provision agreement with the independent government company Marsa Properties, allowing it to utilise the services of the ‘Tawreed’ platform within the Ajman government. The collaboration aims to create an attractive investment environment...
AD Ports Group launches Maritime Sustainability Research Centre
Government | Sunday 26 May, 2024 11:41 am
AD Ports Group, a leading facilitator of global trade, logistics and industry, today launched The Maritime Sustainability Research Centre, Abu Dhabi (MSRCAD), a non-profit agency dedicated to joint industry-government academia research, with a focus on sustainability and innovation. The...
UAE tourism sector expected to contribute 12% to GDP in 2024, UN tourism meeting told
Government | Sunday 26 May, 2024 11:38 am
The UAE's tourism sector contributed AED220 billion to the GDP in 2023, accounting for 11.7 percent of the overall economy, This upward trend is expected to continue in 2024, with projections indicating the sector will reach AED236 billion and account for an even greater share of the GDP at 12...
ZATCA sets measures for selecting entities at 12th phase of e-invoicing
Government | Sunday 26 May, 2024 8:58 am
The Zakat, Tax and Customs Authority (ZATCA) determined measures for selecting target establishments at the 12th category to apply the integration phase of e-invoicing.   In a statement, the authority added that the 12th category includes all entities whose revenues, inclusive of...
ADIB wins 4 major accolades at Euromoney Islamic and Excellence Finance Awards
Government | Saturday 25 May, 2024 12:02 am
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been awarded four prestigious awards at Euromoney Islamic and Excellence Finance Awards 2024, serving as a significant tribute to the bank's exceptional performance and unwavering commitment to redefining innovation in...
CBUAE Governor, IMF mission discuss UAE financial, banking sector developments
Government | Saturday 25 May, 2024 12:00 am
Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), met with a mission from the International Monetary Fund (IMF), led by Ali Al-Eyd, during the 2024 Article IV Consultation to discuss the UAE’s economic and financial developments. The meeting encompassed a review of the...
Interior Ministry bans entry of visit visa holders to Makkah from today
Government | Thursday 23 May, 2024 1:55 pm
The Ministry of Interior announced that entry to or stay in Makkah is prohibited for anyone holding any type of visit visa, from the 15th of Dhu al-Qi'dah 1445 AH until the 15th of Dhu al-Hijjah 1445 AH, the ministry said on its X account. Visit visa, in all its types and names, does not...
PCFC announces a 105% increase in licenses issued for bunkering companies in Dubai
Government | Wednesday 22 May, 2024 9:28 am
The Ports, Customs, and Free Zone Corporation has announced a 105% growth in the number of licenses issued to companies specializing in bunkering operations in Dubai Waters during the first quarter of 2024. This comes alongside an overall increase in maritime operations performance since the...