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 ›

Yas Creative Hub for Media and Gaming set to be Launched in November

26 July 2021

Abu Dhabi – Yas Creative Hub, the first industry-specific hub in GCC for media, entertainment, and gaming, is set to house Twofour54 Abu Dhabi, the capital’s media free zone, by Q4 this year.

Media and gaming giants CNN, Ubisoft and Unity Technologies have already confirmed to join, and more than 600 companies are expected to follow suit.

The megaproject spreads over 2.9 million sq.ft. (270,000 sq.m) and 16,000 + professionals will relocate to the new campus by 2031, three times as many … Read more ›

Long Eid Al Adha Holiday Announced for Private and Public Sectors

18 July 2021

UAE: The Ministry of Human Resources and Emiratisation announced last week that private sectors in the country shall get four days holiday, starting from 19th July to 22nd July.

The said holiday is in celebration of Eid Al Adha which will start on 9th Dhu Al Hijjah (Day of Arafat), falling on Monday, 19th July, and will end on Thursday, 22nd July, following the Islamic calendar. The celebration will be paid holidays for all workers in private sectors, institutions and companies … Read more ›

HSBC to allot $5 billion for UAE Growth Initiative

15 July 2021

In celebration of its 75th year in the UAE and the nation’s Golden Jubilee, HSBC recently announced its plans of committing $5 billion lending to assist strong companies in need of new capital to grow their businesses globally.

The initiative was made in support of its celebration of being the first bank to open its doors in the UAE and of the nation’s strategy of fortifying global standing by financing businesses looking to invest in international growth by way of sustainability … Read more ›