UAE Projects of the 50: Schemes to bring 75,000 Emiratis into the Private Sector Announced

13 September 2021

Abu Dhabi – As the country awaits the celebration of its Golden Jubilee, the government has announced a series of projects and initiatives to transform the UAE’s economic, political and social status over the next 50 years.

The first set of projects was declared on 5th September with new schemes on visas, campaigns to attract foreign investment and strategies to support local companies tackled. The aim is to ensure a sustainable future for all of its residents. This recent announcement was … Read more ›

Abu Dhabi Properties See a Rise in Prices Amid High Demand

16 August 2021

Abu Dhabi residential communities have seen an increase in sales prices following higher demand in key areas as the country recovers from the repercussions of the recent pandemic.

According to Propertyfinder, the average sales listing price for an apartment in the emirate jumped from AED 1.15M as recorded in January to AED 1.3M in July, while villa / townhouse sales listing price went from AED 4.1M in January to AED 4.57M in July.

“In Abu Dhabi there is an undersupply of villas, … Read more ›

Abu Dhabi Investment Office Supports Tech Sector with $24.5M Funds

10 August 2021

Abu Dhabi Investment Office publicised its plan to provide financial and non-financial incentives to three technology companies in Abu Dhabi, namely Lyve and Rizek of the UAE, as well Callsign of the UK.

Over AED 90 million ($24.5M) of monetary support is allocated to fund the businesses in order to help grow their operations regionally through ADIO’s AED 2 billion Innovation Programme in Abu Dhabi.

“The three of them fit very, very well within our ICT [Information and Communications Technology] cluster approach … Read more ›

Islamic New Year 2021 Announced!

10 August 2021

UAE residents are to enjoy another long weekend this week due to the upcoming Islamic New Year on Thursday, 12th August 2021, as announced by the Ministry of Human Resources and Emiratisation (MOHRE).

The holiday is in celebration of the beginning of the new Islamic year, 1442, when the Prophet Mohammed migrated from Makkah to Madinah. The Islamic calendar is based on a lunar system, unlike the Gregorian calendar which is based on the solar system. Muharram marks the first month … Read more ›

Henry Wiltshire’s Exclusive AED 6.2M Full Floor Apartment in Al Bandar Featured in The National

08 August 2021

This week, The National, Abu Dhabi’s leading news agency has yet again featured one of our exclusive and premium properties in Al Manara, Al Bandar, Al Raha Beach.

The property is a four-bedroom, four- bathroom full floor apartment covering over 4,000 sq ft of space and is located in the highly exclusive Al Manara in Al Raha Beach. The residential building consists of 12 floors with only 12 apartments, shared swimming pool, squash and tennis courts. The apartment is situated on … Read more ›

1,105 Commercial and Industrial Activities Owned by Non-UAE Nationals Get 100% Ownership in Abu Dhabi

27 July 2021

Abu Dhabi – The Abu Dhabi Department of Economic Development recently released a list of business activities that are eligible for full business ownership offered in the UAE’s capital.

Existing owners and investors who fit the category have the privilege to change their status, given that they comply with the provided regulations and restrictions set forth.

Presently, there has been no confirmation on whether additional activities will be included in the list going forward. The Economic Departments of the other emirates will … Read more ›