Dubai Opera Presents Extraordinary Ballet Gala: Rising Stars from La Scala Ballet Academy to Grace the Stage
Febbraio 2, 2024
News
09Set’21
Dubai’s real estate queues are on their way back
Future purchaser are lining up to take a share of Dubai’s lucrative real estate sector, showing how the industry has recovered to the level of the covid-19 pandemic. These rows bring back memories before the whole global pandemic, however Nakheel told that all the rules to stay safe were applied. The CEO of Springfield Properties said that it has seen an incredible reaction to its latest launch as prices are moving faster precisely because people prefer the extra square footage and communal lifestyle as compared to living in tall vertical structure.
07Set’21
10 reasons to invest in the UAE
The first images evoked by even hearing the name of the city of Dubai are almost always related to luxury, business, heat, and desert. As of today, everything that could previously be summed up in the concept of the “American dream” can be translated to the city of Dubai, a metropolis that offers opportunities of all kinds, where it is important to be there and to know how to do. The city over the past few years is changing faster and faster in the green direction and is increasingly at the centre of futuristic projects. Until 30 years ago, the city looked like a small desert village, located on the Persian Gulf coast, whose pivotal activity was fishing. Unlike other emirates, Dubai`s development began thanks to the discovery of oil fields but to this day it is not its main source of livelihood, in fact thanks to the foresight of the Royal family that still governs the Emirate, a program of investment differentiation has been initiated, diverting profits from the sale of oil to the modernization of the city and the tourist sector. In support of Sheikh Mohammed bin Rashid Al Maktoum`s, to say the least, futuristic and forward-looking ideas, at the beginning of the year 2023 the Dubai government announced the implementation of the Dubai Economic Agenda “D33,” which aims to double the value of the city`s economy in the next decade and consolidate its position among major global cities. The D33 Agenda includes the launch of 100 transformational projects that will help realize His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision of making Dubai the best city in the world to live and work in and the preferred destination for international business and investment. So here are 10 good reasons to invest in the city of Dubai. It`s the city of the future. Investing in Dubai guarantees a very high return on the investment made as well as huge growth possibilities in every field. The real estate sector has literally exploded, it guarantees a very high ROI as the value of real estate is constantly increasing and the market is in constant turmoil. It`s open. Many people associate the majestic metropolis of Dubai with the most radical, extremist and closed Islamic thought and customs. Dubai, on the other hand, over the past few years has proven through facts that it is one of the seven emirates that make up the UAE, among the most liberal and open to the West. It is cosmopolitan and open to new cultures. It`s safe; in fact, it was listed in the top ten safest cities in the world. It`s clean and at the service of its citizens and tourists. It`s stable politically. Sheikh Mohammed bin Rashid Al Maktoum is a well-liked and supported ruler by the people, as an enlightened ruler he has always made investments to grow the city and give it a real identity. His stability on the throne is therefore well regarded by both locals and governments around the world. It has proven to be able to handle borderline situations such as the pandemic from Covid 19. While the rest of the world faced the toughest and darkest period due to lockdowns and restrictions due to the pandemic, Dubai, thanks to a few clear guidelines to follow, strategically always remained open to tourists becoming an attractive destination to escape the Lockdowns and continue living. In December 2020 Dubai was overbooked. It`s strategically located. Dubai sits at the crossroads of Europe, Asia and Africa, providing easy access to many of the world`s fastest growing emerging markets. It has a stable currency. Since November 1997, the UAE dirham (AED) has been pegged to the U.S. dollar. The value of the currency has enjoyed balance and growth as well as stability in import and export trade. Zero or close to zero taxes. Dubai is exempt from income tax for residents; a 5 percent VAT rate and a 9 percent rate on profits earned by large companies were recently introduced. Possesses flexible legislation with different types of licenses and many company forms that can be adapted according to the type of business one wishes to engage in. Counts several Free Zones or free zones. Free zones are geographically delimited areas with different offices and legislation according to the zones in which they are located and aim to facilitate specific industrial activities through tax and regulatory incentives and infrastructure support. Importantly, each free zone has its own different rules. Obtaining a visa is very simple, there are different types of visas, and they are often linked to an initial investment whether it is in real estate or business, also for employees it is the companies that are responsible for the paperwork and costs of obtaining it. To learn more, all you must do is browse our site and follow our social to find more specific and interesting content on all the topics mentioned in the article.
05Set’21
Here’s what you need to travel to Abu Dhabi
From September 5th passengers who are completely vaccinated against Covid-19 or coming from countries belonging to the Green List, won’t be forced to quarantine. As Etihad stated, to be considered fully vaccinated, travelers must have got two doses of the same vaccine at least 14 days before departure. Source: https://www.khaleejtimes.com/coronavirus-pandemic/explained-covid-guidelines-quarantine-rules-pcr-tests-for-passengers-to-abu-dhabi
30Ago’21
Abu Dhabi, Dubai safest in Mena
Abu Dhabi and Dubai are the safest cities in the Middle East and Africa in 2021, according to the Economist Intelligence Unit’s (EIU) Safest Cities Index 2021. The UAE capital scored “very high” for health security and infrastructure security, Abu Dhabi Media Office tweeted, quoting EIU. Reinforcing its position as a safe and secure place to live, work and invest, Abu Dhabi has topped the regional ranking in all four iterations of the Safe Cities Index since 2015. January, the UAE capital was ranked the world’s safest city for the fifth year in a row, with Sharjah and Dubai among the top 10, in a survey conducted by data crowd-sourcing website Numbeo. Abu Dhabi has ranked ahead of 431 cities around the world as per Numbeo’s Quality of Life index with a score of 88.46 per cent for safety. Resource: khaleejtimes
19Ott’20
Israel-UAE Flights Opening-up
Israel and the UAE will sign an agreement on Tuesday to allow 28 weekly commercial flights between Israel's Ben Gurion Airport, Dubai and Abu Dhabi, Israel's Transport Ministry said on Sunday. The deal, which also allows for unlimited charter flights to a smaller airport in southern Israel and 10 weekly cargo flights, comes after Israel and the UAE agreed to normalize relations. The aviation deal will be signed at Ben Gurion Airport and flights are expected to begin within a few weeks, the ministry said. The two countries have also reached a bilateral agreement that will give incentives and protection to investors investing in their respective countries, both finance ministries said on Sunday. The deal is one of the first between the UAE and Israel after they agreed to normalize relations in August. It is also the first such agreement that Israel has made with an Arab country and will become the 37th treaty of this type for Israel, with the other 36 mainly Western countries. The latest was signed with Japan in 2017. The UAE signed 99 investment protection treaties and this with Israel would strengthen economic ties, encourage competition and increase investment attractiveness between the two countries, he said in a statement the Undersecretary of the Ministry of Finance of the United Arab Emirates Younis Haji Al Khoori. Elaboration by IICUAE on source Khaleej Times
20Set’20
UAE Minister of Health receives first dose of Covid-19 vaccine
The UAE announced last week that the vaccine will be available mainly to frontline workers dealing with Covid-19 patients The UAE’s minister of Health and Prevention, Abdul Rahman Al Owais, has received the first dose of the Covid-19 vaccine currently being tested in the country. The move comes after the UAE announced last week that the vaccine, which is currently under Phase III trails in the country, will be available mainly to frontline workers dealing with Covid-19 patients. Al Owais stressed that the measure is “fully and completely compatible with the regulations and laws that allow a faster review of licensing procedures,” official news agency WAM reported. Studies on its safety have also been reviewed and demonstrated that it is safe to use, officials said. The results of the studies during the third phase also showed that the vaccine is effective and generated antibodies to the virus. The world’s first Phase III trial were conducted as a partnership between Abu Dhabi based G42 Healthcare, and Sinopharm CNBG, the world’s sixth largest vaccine manufacturer. In the UAE, 31,000 volunteers, representing 125 nationalities, participated in the clinical trials. The UAE reported 809 new Covid-19 cases on Saturday, after 103,124 tests were undertaken to screen people for the virus. The total number of infections recorded recorded in the country has now reached 84,242. To view the full article, visit the website: Gulfnews
14Set’20
Expo Live finanzia gli innovatori che cercano di cambiare il mondo
The beneficiaries were selected from a pool of over 4,000 applicants from 170 countries. More than half of the cycle of five beneficiaries are led by women. The Expo Live Innovation Impact Grant (IIGP) program began in 2016 to help organizations addressing some of the world’s most pressing challenges. It has gone from 29 global innovators in 22 countries to 142 beneficiaries in 76. Each innovator is offered funding of up to Dh367,000 ($ 100,000), as well as expert advice and the opportunity to share their ideas with a global audience . “All projects supported by Expo Live – from improving access to mental health platforms in Egypt, Saudi Arabia or the UK, to innovative recycling technology in China – remain committed to improving people’s lives during the global health crisis. The latest cohort of innovators will carry on this tradition, inspiring others to find solutions to challenges in their communities and playing a significant role in helping to shape a better world, ”he added. Some of these challenges, including rising levels of unemployment, inequality and poor access to quality health care, have been exacerbated by the current global health crisis, demonstrating a greater need than ever for collaborative solutions to address them. Yousuf Luiz Caires, Expo Live’s Senior Vice President, said: “Through Expo Live, Expo 2020 is demonstrating its commitment to driving solutions that will positively affect global communities and future generations. To view the full article, visit the website: Khaleej
13Set’20
How will economies chart their recovery paths in the wake of Covid – 19?
Key epidemiological data on the pandemic point to important and shared trends across countries, including major differences in national experiences. The pandemic has followed an exponential trajectory, albeit at very different rates around the world. It is also clear that the blocs have “flattened the curve” in infections and deaths in most major economies. So far, therefore, it seems that a bad situation has improved. However, it seems unlikely that the sharp rise in the pandemic will be followed by a spike and then a sudden and exponential decline in most countries. In fact, while China’s data shows a sharp decline in cases and deaths, every other country seems to have experienced a plateau, hence a trend of gradual decline with ups and downs. Several Asian countries have even experienced secondary waves. These epidemiological factors in turn could slow the economic recovery. The good news is that all available information suggests that more developed markets (DMs) should be able to withstand moderate backwaves, assuming the virus doesn’t significantly mutate and other important new facts don’t come to light. Now that the first wave appears to be passing, there are reasons to think that capacity has been improved for personal protective equipment, tests, hospitals and ventilators. All of these factors suggest that a secondary wave should be lower and more manageable than the first. To view the full article, visit the website: GulfBusiness
18Ago’20
Covid-19: Free coronavirus testing centre opened in Fujairah
Minister of Health and Prevention, Abdul Rahman bin Mohammad bin Nasser Al Owais, expressed deep thanks to the front in defense of the nation – doctors, nurses and paramedics – who fight the virus “The safety and well-being of all is a priority for us, it is a shared national responsibility,” he concluded. The government’s commitment to the fight against the new virus and the protection of the health, safety and well-being of the community is our goal. The President of the Health and Prevention Council, (MoHAP) together with Fujairah Medical Zone announced the inauguration of a coronavirus (Covid-19) testing center in Mirbah, which will perform free tests for all citizens and residents of the UAE US. The center was opened on the orders of His Highness Sheikh Hamad bin Mohammed Al Sharqi, a member of the Supreme Council and ruler of Fujairah. The inauguration of the center took place in coordination with the Emirate Crisis and Disaster Management Team of the emirate, in collaboration with the Fujairah Police. The Ministry is cooperating with the Fujairah government to deploy coronavirus testing centers across the emirate and provide them with the latest medical, nursing and administrative equipment and cadres from Abu Dhabi Health Services Company, SEHA, according to a timeline of the program. field survey. To view the full article, visit the website: Khaleej
17Ago’20
UAE economy poised for recovery in 2021: How will this affect residents and their spending?
The United Arab Emirates has an open and dynamic economy which, in the space of a few decades, has been able to transform itself into one of the most developed realities in the Middle East. Like the other countries in the region, the UAE was hit hard by the Covid-19 pandemic, which caused a double shock on the economy: On the one hand, the collapse in demand and prices for crude oil that has put pressure on the industry, from here on you have cuts in OPEC production. On the other hand, some of the most significant elements of the trade, air transport, real estate and tourism sectors (all heavily dependent on the mobility of people) Finally the third factor, the EXPO, (which will start in October 2021) According to the study by several scientists, the UAE’s economy is expected to recover strongly again in 2021 until 2024, reaching a growth rate of (GDP) of 4.1% in 2021, after a contraction of the 5% in 2020. The continuous stimulus of the government here has as its objective the unblocking of the economy through EXPO 2021, has recently received a “Safe Travel Certification” from the Word Travel and Tourism Council, with the aim of achieving a standardization of six sectors ( Aviation / Tourism / Retail) and return to its pre-COVID levels. The central bank of the UAE has so far implemented stimulus measures for around 18% of GDP. Of the 100 billion Dh of monetary stimulus announced so far, most of the funds have been earmarked for SMEs and consumers. But it also explains what are the strategies that could help in GDP recovery: a) Simplify the rules for the participation of foreign investors in local businesses; b) further loosen the residence rules; c) encourage faster private sector growth. The role of oil in the economic recovery As we know, oil is the main source of government revenue in the UAE, Oil exports represent about 25% of the UAE’s total exports, and the goal of stabilizing the economy and generating a price recovery. of it. To view the complete article, visit the website: Khaleej