Home / News / United Arab Emirates

United Arab Emirates

Dubai Cares launches Dh3.4m programme in Zimbabwe

Dubai Cares, part of the Mohammad Bin Rashid Al Maktoum Global Initiatives, has launched a new programme in Zimbabwe titled ‘WASH UP! Girl Talk’, in partnership with Sesame Workshop. The Dh3.4-million ($952,000) programme aims to empower primary school-aged children to practise and promote healthy water, sanitation and hygiene (WASH) behaviour, …

Read More »

The changing face of UAE business

Last week’s announcement that private firms would no longer have to provide a Dh3,000 bank guarantee to recruit each new employee is just the latest of a series of measures aimed at transforming the UAE’s economy. The packages announced this year are an indication that the objectives announced in a …

Read More »

SCA to investigate Abraaj for local investor impact

The UAE’s Securities and Commodities Authority (SCA) is investigating whether any local investors are affected due to the current financial problems being faced by the private equity firm Abraaj, according to a top executive. Dubai-based Abraaj is currently facing allegations that investment funds were misused, specially that it commingled about …

Read More »

UAE financial markets poised for take off

The UAE’s financial markets are solid and will take off again in terms of liquidity and volume of trading due to positive indications from the government and an improvement in the economy, the chief executive of the Securities & Commodities Authority (SCA) said. “I am optimistic because of the incentives …

Read More »

Stimulus package will aid in diversification

The new economic stimulus package will accelerate the local economy, further promote economic diversification and build a long-term future for its people, heads of Abu Dhabi’s top industrial firms said. “At the heart of this announcement are initiatives that will attract more innovative talent and across all economic sectors, including …

Read More »