The property developers in the United Arab Emirates (UAE) has demanded the government to lower the price tag for 10-year residence visas. According to the representatives, this will eventually help the sector absorb the oversupply within the market. Additionally, this will help make the economy more competitive, attract talent from around the globe, and the…
The lucky draw for Dubai raffle concluded on Tuesday and the winners have been announced, which includes an Indian who has been trying for the prize for the past 20 years. Jagdish Ramnani, a 42-year-old Indian national based in Dubai, won the $1 million prize when his ticket number 1778 in Series 324 was drawn.…
The Abu Dhabi traffic police on Tuesday announced that all fines imposed on motorists from 22nd December, 2019 to 22nd December, 2020 will be eligible for a 35 percent discount. https://twitter.com/ajmanpoliceghq/status/1228600962798977025?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1228600962798977025&ref_url=https%3A%2F%2Fwww.khaleejtimes.com%2Fnews%2Ftransport%2F50-traffic-fine-discount-in-uae-to-come-into-effect-on-feb-16–1 However, in order to avail that 35 percent discount, the fine must be paid within the 60 days after it has been issued otherwise…
The Venture Capital (VC) firm Wamda on Monday confirmed its $6 million investment in UAE-based automative platform called Seez. This Series A funding of $6 million will enable Seez to grow and access the $10 billion used-automative industry in the UAE and other parts of Middle East and North Africa (MEA) markets. The round of…
The total government spending on information and communications technologies in the Middle East and Africa (MEA) will cross $15 billion by 2023, reports have confirmed. This report was compiled by the International Data Corporation and informed that there has been a renewed interest in the fields of technology, with blockchain and artificial intelligence. In 2018,…
A UAE-based company, Agthia Group, has become the first one from the region to start the production of bottles made entirely from fermented plant sugars. It is worth mentioning that Agthia is the same company which markets the Al Ain brand of drinking water and it is planning to distribute its first-ever shipment in the…