UAE

The United Arab Emirates' tourism industry is set to generate 23,500 new jobs this year, according to Julia Simpson, President and CEO of the World Travel and Tourism Council (WTTC). By 2024, the total employment in the sector is expected to reach 833,000 positions.

The WTTC projects that by 2024, tourism's contribution to the UAE's GDP will rise to 12%, amounting to AED 236 billion. Additionally, international visitor spending in the UAE is anticipated to grow by nearly 10%, reaching AED 192 billion, while domestic tourism spending is expected to increase by 4.3%, totaling nearly AED 58 billion.

UAE authorities warn of fines of up to Dh10,000 for 'cryptocurrency mining' in agricultural areas

The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) issued a warning to farmers on Thursday, emphasizing that cryptocurrency mining should not be carried out in agricultural areas as it could lead to a sharp rise in electricity bills.

Sheikh Hamdan Inaugurates Dubai AI Campus, Expected to Create Over 3,000 Jobs

Dubai, UAE - Dubai Crown Prince Sheikh Hamdan inaugurated the Dubai Artificial Intelligence Campus (Dubai AI Campus) at the Dubai International Financial Centre (DIFC). This significant development is set to play a crucial role in Dubai's digital transformation.

The new campus is projected to boost Dubai's digital economy by $27 billion by 2028, attracting 500 companies and creating over 3,000 jobs. This initiative is part of the first phase of Dubai's Artificial Intelligence Blueprint (DUB.AI), which aims to accelerate the development of the AI sector, fostering an ideal ecosystem for AI enterprises and talent, positioning Dubai as a global digital economy hub.

In a decisive crackdown on illegal activities, Ras Al Khaimah police have apprehended a dealer engaged in the illicit sale of fireworks within the emirate.

Acting swiftly on intelligence, authorities uncovered a staggering cache of 1,038 boxes of fireworks, totaling a weight of 18.5 tons. The clandestine operation was meticulously concealed within a warehouse nestled in the rural expanse of a farm, discreetly tucked away behind a residential property.

Dubai :

Have you received a call from someone asking you to 'update your bank details'? He's probably in jail by now.

The UAE stock market attracted nearly Dh6.5bn ($1.bn) of liquidity during the past week's trading, mainly concentrated in stocks in the real estate, financial and banking sectors.

The weekly distribution of liquidity was as follows:

Dubai Police has announced a Dh1 million donation to the Mothers' Giving campaign, launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to create a Dh1 billion endowment fund to support the education of millions of people across the globe.

Launched by the Mohammed bin Rashid Al Maktoum Global Initiative (MBRGI), the campaign coincides with the month of Ramadan and aims to honor mothers by allowing donors to make donations in their name. The campaign also aims to support underprivileged individuals and communities in a sustainable manner through education.

Dubai(GreenhallMedia) : In a major boost to digital payments in the UAE, Direct Debit System, the UAE's first paperless direct debit marketplace, has partnered with Keyper, a leading venture capital-backed, technology-enabled property management platform, to launch the first digital rental payments platform for all tenants and landlords in the UAE. The partnership enables landlords to receive rental payments digitally.

"The Direct Debit System automatically deducts rent from tenants' bank accounts under pre-agreed conditions. The technology eliminates error-prone check acceptance, management and processing systems, and works seamlessly with the Central Bank of the UAE and the UAE government's strategic directive to transition to modern payment methods.

This shift to digital payments will significantly improve the rental experience for both landlords and tenants, in addition to reducing operational costs associated with rent payment processing. This initiative is particularly beneficial to non-resident real estate investors in Dubai, providing them with a seamless channel to rent properties and receive digital payments anywhere in the world.

Areas of Dubai where parking is currently free may be charged!

Parkin PJSC is the sole operator of public parking spaces in Dubai. In announcing its initial public offering (IPO) at the Dubai Financial Market late last month, the company noted that demand for parking spaces in Dubai is expected to grow by 60% by 2033. In response, residents are concerned that areas where parking is currently free will be charged.

"Good News for Weight Watchers! Onion Prices in UAE Set to Drop by 20%"

Following a three-month export ban in India, onions are now permitted for export to the UAE, expected to result in a potential 20% decrease in onion prices.

Weight Loss Pays Off! Pakistani Man Wins 9000 Dirhams Reward for Shedding 30.2 Kilograms in Ras Al Khaimah Challenge

This Wednesday, the highly anticipated "2024 Ras Al Khaimah Biggest Weight Loss Challenge" winners were announced.

By 2025, the e-commerce market in the United Arab Emirates (UAE) is expected to grow to $17 billion, according to a new market research by YallaHub, with "metaverse e-commerce" rapidly expanding.

The report states that government incentives, increasing internet penetration rates, rising smartphone adoption rates, and convenient shopping experiences are all driving forces behind the rapid development of e-commerce in the UAE.