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Dubai is set to unveil the Gulf’s inaugural hydroelectric power plant in 2025, solidifying its position as a key player in regional clean energy initiatives.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE, issued Law No (21) of 2023 on Sunday, modifying the legal status of Dubai Taxi Corporation to Dubai Taxi Company PJSC. This alteration grants the company the status of a public joint-stock company, providing it with financial and administrative autonomy and enabling it to initiate an initial public offering (IPO).
His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his role as Ruler of Dubai and Vice President and Prime Minister of the UAE, has given his approval to the Dubai Government’s general budget for the fiscal years 2024-2026, with a total budget of AED 246.6B ($67.1B). Additionally, Sheikh Mohammed has sanctioned Law No. (20) of 2023 concerning the Dubai Government’s General Budget for the Fiscal Year 2024, with an estimated expenditure of AED 79.1B ($21.5B).
Abu Dhabi announced on Wednesday, unveiling the inauguration of an exclusive English-language Notary Services Office,…
Imran Kannuti has more than 22 years of experience in the financial sector, with a…
In the Dubai desert, a housing community for Emiratis will be constructed, giving families the…