Author: Dubai News Staff
UAE President HH Sheikh Mohamed bin Zayed Al Nahyan will begin a state visit to the Republic of Korea starting Tuesday, June 28th as an official invitee of HE President Yoon Suk Yeol. During the two-day visit, His Highness Sheikh Mohamed bin Zayed will hold talks with President Yoon Suk Yeol on bilateral cooperation and the possible areas for development, primarily trade, investment, oil and gas, and high technologies. These discussions are a part of the special strategic partnership between the UAE and the Republic of Korea, and their concepts for the progressive and sustainable development modeled on the principals…
Dubai: In 2023, the GDRFA Dubai has granted 158,000 people with the golden visa permits. This is a stark-rising from the previous years; according to the available information, the number of golden visas granted was 79, 617 in 2022 and 47, 150 in 2021. The golden visas used are issued for a long time – up to 10 years – and they are issued to individuals in different categories including the category of outstanding students, and property investor’s category. Mr Mohammed Ahmed Al Marri, director-general of GDRFA Dubai, outlined this growth and describe how it plans to use artificial intelligence…
Abu Dhabi: Pakistan and UAE have signed the agreement for investment worth $10 billion (approximately Dh36. 7 billion) to support the development of potential areas of economic growth in Pakistan, the Ministry of Investment of the UAE informed. This was made on Thursday shortly after a meeting held between His Highness Sheikh Mohamed Bin Zayed Al Nahyan President of the UAE and Shehbaz Sharif, Prime Minister of Pakistan. In a nutshell, the main objective of the meeting was to strengthen cooperation in regards to the support of the Pakistani economy. At the meeting in Qasr Al Shati, Prime Minister Sheikh…
Hollywood actors Will Smith and Martin Lawrence have brought their iconic ‘Bad Boys’ franchise to the Middle East, launching the global premiere of their fourth installment, ‘Bad Boys: ”Ride Or Die”, in this city known as Dubai. The show is still hilarious, filled with their trademark chemistry and adrenaline-fueled segments; The premiere held on the Tuesday at the Coca-Cola Arena. The new film that is planned to be released in UAE theaters on June 6 is the further story of the popular pair of policemen, Mike Lowrey and Marcus Burnett. A scene showing Will Smith and Martin Lawrence, during an…
Eminem’s daughter; Hailie Jade Scott has wedded her fiancé; Evan McClintock in a very private event that took place in Battle Creek, Michigan. Kylie Jenner, the bride-to-be, also invited lots of friends and family only; however, the rapper 50 cent, Dr. Dre, and Jimmy Iovine also attended the ceremony, which gave a glamorous celebrity status like a film shot to the traditional wedding. The ceremony however was conducted at the beautiful Greencrest Manor. Eminem whose birth name is Marshall Mathers had a key role in the festivities, and was even caught on the night dancing with his daughter. The tender…
Doha, Qatar: I am happy to announce that Private Jet Charter Division of the prominent carrier, Qatar Airways known as Qatar Executive makes the G700 Aircraft available to aviation enthusiasts as the first carrier. It is planned that the aircraft will be used starting from next month, in June. Qatar Executive has already taken delivery of two G700 with two more expected in the next one or two weeks. In total, there will be nine G700s, which are to entering the fleet of 15 Gulfstream G650 plane. In an exhaustive interview that was carried out, the Qatar Airways Group Chief…
Reuters: Saudi Arabia is distancing Archer Aviation today after electric air taxi company announces it will partner with the Kingdom’s economic and regional competitor, the UAE. The lure to be the chosen country for foreign investors in the region makes the countries spend more and that is good for companies such as Archer which are just establishing in the field. Last month, Archer invested in a deal with the Abu Dhabi Investment Office (ADIO) that would see the multiillion-dollar that Archer intends to launch the planned commercial air taxi services within the UAE. “Since we had made our first few…
Dubai: As one of the legacy projects that Dubai implemented in the year 2005, this building is receiving another round of facelift. The ‘Dubai Lifestyle City,’ that was introduced by ETA earlier than has been sold 68 plots for Dh175. 6 million. This area is in Dubailand and in the recent past there has been a lot of development and infrastructure works to support the sort of development the new buyer of Lifestyle City plans to undertake. However, what was very surprising was that there was not even any competition in the bidding process as there was only one entity…
Shorooq Partners of Abu Dhabi is part of a technology investing firm has closed its second private credit fund at $100 million through the support of regional and South Korean investors. This further enhances bilateral cooperation between the United Arab Emirates and South Korea in the economy. The fund follows SIM . *’s initial investment with a subsidiary of IMM Investment Corp. , which is a $6 billion Korean private equity and venture capital organization. This will be a new partnership in which IMM Investment Corp. shall own only a fraction of the partnership shares. Earlier, both firms dealt in…
The construction of the Saadiyat Cultural District is on schedule to be finalized by the end of the year 2025 and this was confirmed by the Department of Culture and Tourism Abu Dhabi. When completed, this cultural district on western coast of Saadiyat Island will house few of the most important museums and cultural attraction, thereby making Abu Dhabi a truly global city of Culture. The district will include five major museums: To this end, the following is a list of the renowned architectural designs in Abu Dhabi: the Zayed National Museum, Guggenheim Abu Dhabi, Louvre Abu Dhabi, teamLab Phenomena…