UAE Expat Diaries

Hi expats! As you may know, Abu Dhabi stands out in terms of growth and economic resilience. The recently released “Business Activity Report” for the year 2023 by the Abu Dhabi Department of Economic Development (ADDED) paints a compelling picture of the emirate’s robust business ecosystem. The report showcases a remarkable surge in key indicators, underlining Abu Dhabi’s attractiveness to investors and its commitment to economic diversification. 1. Overall Growth in Business Licenses:    - The report reveals that a staggering 24,143 commercial sector licenses were issued in 2023, constituting 94.1% of the total licenses issued.    - New occupational licenses and professional licenses witnessed significant growth, reaching 411 and 410, respectively.    - The total capital of new economic licenses announced surpassed AED 210.7 billion, signaling a strong inflow of investments. 2. License Issuance and Renewals:    - In 2023, a total of 25,647 new economic licenses were issued, with 75,77

Hi readers! Recently, Việt Nam's Ministry of Industry and Trade (MoIT) and the UAE Ministry of Economy have embarked on a collaborative journey to accelerate negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between the two nations. This pivotal move holds the promise of a deeper and more comprehensive economic partnership that can reshape the landscape of bilateral trade and cooperation. Accelerating CEPA Negotiations: A Strategic Focus The heart of this unfolding narrative lies in the shared commitment of officials from both countries to fast-track the negotiations for a CEPA. This comprehensive agreement aims to create a framework that goes beyond traditional trade agreements, encompassing a wide range of economic cooperation areas. By prioritizing the acceleration of these talks, Việt Nam and the UAE are signaling a strong intent to fortify their economic ties for the benefit of both nations. Việt Nam-UAE Economic and Trade Cooperation: A Success Story The

Hey there, expats! Today, a recent revelation IS stirring up the geopolitical waters. According to Bloomberg, Iran is reportedly supplying Sudan with a fleet of “Muhajir 6” drones. Satellite snapshots are spilling the tea, confirming the drones’ presence at Wadi Sedna air base. Dutch drone guru Wim Zweigenberg dissected the distinct features of these ‘Muhajir 6’ marvels. A January 9 satellite pic showcasing those unique wings. Both Sudanese and Iranian authorities are playing the quiet game. Analysts like Alan Boswell are waving red flags, hinting at Iran strengthening ties in the Red Sea. Cue concerns among the big shots on the global stage. In Sudan’s ongoing tango with conflict, the army is losing ground to Rapid Support Forces. Enter Iranian drones, adding a splash of complexity to an already precarious situation. Zooming out a bit, Sudan’s Red Sea coast is like a magnet for geopolitical influencers, with China, Russia, and Turkey vying for the crown. The U.S. claims Iran has a his

Hey expats!  Today, we will look back on some heartening news from about 3 years ago, amidst the challenges that Yemen has been facing. Yemen's internationally recognized government recently signed a deal with the Arab Monetary Fund, making its way for a significant $1 billion economic aid injection. So, Yemen has been grappling with a civil war for eight long years, affecting its economy and pushing half of its population to the brink of famine. The conflict began in 2014 when Houthi rebels took control of the capital, Sanaa. A Saudi-led coalition, including the United Arab Emirates (UAE), stepped in to restore the internationally recognized government's power. Socotra Fast forward to now – the Abu Dhabi-based fund, part of the Arab League, is ready to dish out $1 billion from 2022 to 2025. This economic deal is aimed at helping Yemen establish monetary and fiscal stability through a series of economic reforms.  The Aden branch of Yemen’s central bank, under Saudi coalition co

Hi expats and tech nerds!  Abu Dhabi's tech startup, Kintsugi, is flexing its innovative muscles with the introduction of Magnus, a 'Made in UAE' AI-powered hybrid vehicle designed specifically for military operations. As the star of the show at the largest Unmanned Systems (Umex) and Simulation and Training (SimTex) exhibitions, Magnus is more than just a vehicle; it's a testament to the UAE's relentless pursuit of excellence in electric mobility for defense. Magnus, a six-seater 4X4 marvel, is not your average military vehicle. Boasting an impressive array of features, including an autonomous vehicle stack, six drones, and a powerful 805 HP electric motor, it's a force to be reckoned with on the battlefield. With a top speed of 130kmph, a driving range of 200km (electric) to 800km (hybrid), and a massive payload capacity of 2,000kg, Magnus is a game-changer in the world of military technology. Waleed Al Blooshi, the corporate communications manager of Kintsugi

Hi Expats! In a meeting presided over by UAE President Sheikh Mohamed bin Zayed Al Nahyan, the Abu Dhabi National Oil Company (ADNOC) Board of Directors has set forth a visionary roadmap for the future. The meeting, held at ADNOC Headquarters, unveiled ambitious plans that align with global sustainability goals and underscore the company’s commitment to a cleaner, more sustainable energy future. Under the strategic guidance of Sheikh Mohamed bin Zayed Al Nahyan, ADNOC is taking significant strides to transform, decarbonize, and future-proof its business. The company has set the bar high, committing to tripling its renewable energy capacity through its shareholding in Masdar. The aim is clear: to deliver secure, reliable, and responsible energy, supporting a just, orderly, and equitable global energy transition. A noteworthy highlight is ADNOC’s dedication to reducing its greenhouse gas intensity by 25% and achieving near-zero methane emissions by 2030. To achieve these targets, the com

  You're cruising down Sheikh Zayed Road when suddenly - bam, another Salik gate pops up. Just when we thought we'd mapped them all out, RTA throws us for a loop with plans for even more tolls. But before your road rage kicks in, hear them out. With congestion and emissions still clogging up Dubai, RTA's got some clever tricks up their sleeve like flexible pricing. So pack your patience along with your wallet, because dynamic tolls could be coming soon to incentivize drivers to help clear the roads. Stay tuned motorists - and maybe leave a few minutes early for your morning commute. More Salik Toll Gates Coming to Dubai – This Is Great News! The Roads and Transport Authority's (RTA) announcement of two additional Salik toll gates by November is terrific news for Dubai drivers. While paying more in road tolls may not seem ideal at first, these new tolls will likely improve traffic flow and driving conditions across the emirate. The revenue from extra toll gates can help

In a remarkable continuation of its commitment to early childhood development and environmental awareness, Abu Dhabi's Early Childhood Authority is gearing up for the second World Early Development (WED) Forum in October 2024. Building on the success of the WED launch at COP28, the city is abuzz with anticipation as the WED Innovation Lab takes center stage. This groundbreaking initiative, under the patronage of Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, is poised to bring together experts from around the globe to pioneer innovative solutions for a child-friendly ecosystem. Commencing activities from January 22 to 26, the WED Innovation Lab is set to host more than 30 regional and international experts. Chaired by Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, the lab aims to create a collaborative space for cross-sector multidisciplinary action. The primary goal is to address early childhood development issues, fortify international stakeholder

Hi Expats!  The 27th Session of the Council of Arab Ministers of Communications and Information recently convened in Abu Dhabi, chaired by H.E. Talal Humaid Belhoul, Chairman of the Board of Directors of the UAE Telecommunications and Digital Government Regulatory Authority (TDRA). This significant gathering brought together Arab delegations, the Technical Secretariat of the Council, and representatives from various organizations to discuss crucial topics in the information and communication technology (ICT) sector. The agenda of the session centered around key discussions initiated during the 53rd Meeting of the Executive Bureau of the Arab Telecommunications and Information Council of Ministers (ATICM), held on January 17, 2024, under the auspices of the UAE. The deliberations revolved around collaborative efforts to strengthen digital infrastructure, bridge the digital divide in the Arab world, and create a digitally integrated Arab society. One of the primary focal points was the e

Hello expats and happy friday!  Today we'll get into bilateral investments... between Pakistan and UAE.  Pakistan and UAE have maintained strong bilateral relationships since DAY 1! Real ones know that. Recently, the governments of Pakistan and Dubai have inked investment agreements exceeding $3 billion, unveiling a new chapter in their collaboration across railways, economic zones, and infrastructure. This historic agreement was formalized at the World Economic Forum in Davos and it underscores their dedication to transformative projects poised to elevate trade, connectivity, and economic activity in the region. The collaboration has a range of initiatives, including the creation of a dedicated freight corridor, a multi-modal logistics park, and state-of-the-art freight terminals. DP World, representing the Dubai government, will play a pivotal role in enhancing infrastructure at Pakistan's primary trade gateway, the Qasim International Container Terminal. Additionally, plans

  In a significant milestone for bilateral relations, Pakistan and the United Arab Emirates (UAE) recently inked multiple agreements exceeding $3 billion in value. These agreements, covering the development of a dedicated freight corridor, multi-modal logistics park, and freight terminals, underscore the growing economic cooperation between the two nations. A key focus of the agreements is the development of a dedicated freight corridor, a rail-based project stretching from Karachi Port on the Arabian Sea to the Pipri Marshalling Yard. This ambitious corridor is designed to alleviate congestion in Karachi, enhance road safety, and substantially improve transportation efficiency and logistics costs. Part of the collaboration involves the establishment of a multi-modal logistics park and state-of-the-art freight terminals. These initiatives aim to modernize and streamline Pakistan's transportation infrastructure, contributing to increased efficiency and reduced overall logistics cost

 Hi Expats!  Today, let's delve into the latest developments in the UAE, with a special focus on Gaza, Palestine, and the Comprehensive Economic Partnership Agreement. There are a lot of developments going on in the UAE at the moment, but I want to discuss two important things that I thought you should also know: Gaza and CEPA. As we all know, the UAE has been actively calling for de-escalation and a ceasefire in Gaza. The proposed solution centers around a two-state paradigm, emphasizing the urgency of avoiding procrastination and not relying solely on power dynamics. Simultaneously, there's a strong call for regional and international efforts to mitigate conflicts and promote stability, encompassing countries such as Sudan, Syria, Yemen, and others. On the other hand, Thani Al Zeyoudi, the Minister of State for Foreign Trade, projects a remarkable boost for the UAE. The Comprehensive Economic Partnership Agreement program is expected to elevate the UAE’s exports by 33% and co

Hey expats and environment enthusiasts! Today we will dive into the inspiring world of the UAE and its remarkable journey toward becoming a green finance powerhouse. A lot of people see the country as the oasis of innovation and sustainability in the heart of the Middle East. The recent 28th Conference of the Parties or better known as the COP28 which was held in Dubai, was nothing short of a blockbuster for sustainability advocates. The UAE stole the spotlight with its approach to green finance - the perfect blend of financial prowess and environmental consciousness. So, what exactly is green finance? As far as I can understand, it's like a superhero cape for traditional financial models, transforming them into eco-friendly champions. The UAE is leading the way by incorporating green finance into its economic blueprint, championing investments in projects that spell out environmental benefits – from renewable energy ventures to sustainable infrastructure and cutting-edge eco-tech.

  Hi expats!  The recently concluded 28th UN Climate Change Conference (COP28) marked a historic milestone in global efforts to combat climate change. Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, shared insights into the significant role played by the United Arab Emirates (UAE) in achieving unprecedented outcomes during this momentous event. Dr. Al Jaber began by praising the UAE's visionary leaders, including President Sheikh Mohamed bin Zayed Al Nahyan, Vice President Sheikh Mohammed bin Rashid Al Maktoum, and Vice President Sheikh Mansour bin Zayed Al Nahyan. Their unflinching support was critical to the success of COP28, demonstrating the UAE's commitment to global climate action. Dr. Al Jaber credited Sheikh Abdullah bin Zayed Al Nahyan and Sheikha Maryam bint Mohamed bin Zayed Al Nahyan with monitoring the preparations for COP28. The media committee, directed by Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, was instrument

Hi expats... and tourists!  Dubai has once again clinched the coveted title of the most popular destination globally in the 2024 Tripadvisor Travellers' Choice Awards. This marks the third consecutive year that the city has stood out as the preferred choice among globetrotters. The prestigious accolades, bestowed by Tripadvisor, were determined based on the quality and quantity of reviews and ratings spanning various award subcategories, including accommodations, restaurants, and things to do. Travelers shared their experiences and recommendations on Tripadvisor, covering the period from October 2022 to September 2023. According to Tripadvisor, Dubai's charm lies in its ability to make everything feel extra spectacular. From the modern marvel of the Burj Khalifa to the vibrant souks and opulent malls adorned with gold and jewelry vendors, Dubai offers an unparalleled blend of modernity and tradition. The city is described as a place where dreams become reality, whether it invol

Hi expats! Recently, Azerbaijan rolled out the red carpet for a distinguished guest - President Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates (UAE). The official visit was not just a diplomatic event but a moment of camaraderie and respect between nations. The ceremonial welcome, a spectacle bedecked with national flags from both the UAE and Azerbaijan, set the tone for the visit. A guard of honor stood tall, showcasing the unity and honor between the two countries. President Ilham Aliyev, Azerbaijan's recognized leader, welcomed Sheikh Mohamed bin Zayed Al Nahyan. It was a traditional and respectful moment, highlighted by salutes and a review of the spotless guard of honor. As a symbol of their mutual respect, the national anthems of both countries echoed through the air, instilling pride and unity. The exchange was more than just ceremonial; it provided an opportunity for both delegations to become acquainted with one another. Sheikh Mohamed bin Zayed Al Nahyan w

Hey there expats and space enthusiasts! Dina here with some exciting news coming your way – the UAE and NASA have teamed up for a collaboration that's (literally) out of this world!   The announcement was revealed at the stunning Qasr Al Watan in Abu Dhabi, with none other than the cool crowd – UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The announcement is no big deal... it's just that the UAE is bringing its A-game to the table by co-creating the Crew and Science Airlock module on NASA's Lunar Gateway Station. Yup, you READ it right – they're joining the big league of global space exploration and tech! Aside from that, the UAE is not just stopping at the Lunar Gateway Station. They're also gearing up to send their first-ever Emirati astronaut into lunar orbit. If you remember, the first Emirati astronaut who went to space was

Hi expats! Dina here. I have some exciting news especially for Indian expats! Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan are teaming up for a big roadshow. It's all happening on January 9, about 2 days from now. It will starting from the Ahmedabad airport and cruising over to the Sabarmati ashram—a way to show their friendship and common goals as leaders of two countries. Officials revealed recently that Sheikh Mohamed bin Zayed Al Nahyan (MBZ) will be at the Vibrant Gujarat Global Summit. That's set for January 10 to 12 in Gandhinagar, and it's going to be a gathering of some OTHER renowned world leaders. Having the UAE President there, alone, is a big deal. Starting off their Summit, PM Modi will be at the airport to welcome the UAE President. And then, they're going on this special roadshow together. Word is, it's all about highlighting how India and the UAE are tight pals and have big plans together. I won't be there, b

Hi expats! Dina here. My weekend blog is something of another good news, involving Russia and Ukraine. Yes, you read that right!  Amid the persisting conflict between Ukraine and Russia, a MILESTONE happened as the two countries announced their largest prisoner swap since the start of the war in 2021. The exchange was orchestrated by the UAE and it saw the return of over 200 soldiers from each side, marking a crucial diplomatic effort amidst ongoing hostilities. Ukrainian President Volodymyr Zelenskiy took to social media to share the news, stating, “230 of our people. Today, 213 soldiers and sergeants, 11 officers, and six civilians returned home.” Russia's defense ministry echoed the sentiment, confirming the return of 248 Russian prisoners of war from Ukraine. These developments are a result of intricate negotiations mediated by the UAE. As someone who lives in the UAE, it is evident that the UAE is consistent on promoting peace between countries across all regions. And we all w