In a bid to boost tourism in Abu Dhabi, the Department of Culture and Tourism (DCT) has reduced a number of tourism-related fees.
There's a reduction in tourism fees from 6 to 3.5 per cent, municipal fees from 4 to 2 per cent and municipality hotel room fees per night from AED 15 to AED10.
The DCT has also removed all tourism and municipality fees on any tourist attraction tickets sold by the hotels.
Long-term visitors of 30 days or more will be exempted from the daily fee altogether.
UAE, Argentina launch CEPA negotiations
The UAE and Argentina have announced the launch of negotiations for a Comprehensive Economic Partnership Agreement (CEPA), marking a new step in efforts to deepen trade and investment relations.
Meraas awards AED 1 billion contract for Nad Al Sheba Gardens expansion
Meraas, part of Dubai Holding Real Estate, has awarded a contract worth nearly AED 1 billion to GCC Contracting to build 272 villas and townhouses in Phase 7 of Nad Al Sheba Gardens.
Meta launches AI gadget Charm as race for post-smartphone hardware heats up
Meta CEO Mark Zuckerberg on Wednesday has unveiled a small handheld gadget called Meta Charm for using its new Muse AI assistant, taking the company's hardware efforts beyond its successful smart glasses.
UAE Central Bank sanctions Bank Melli Iran over compliance breaches
The Central Bank of the UAE has imposed strict enforcement measures on the UAE branches of Bank Melli Iran following violations of regulatory requirements, including legislation related to anti-money laundering and combating the financing of terrorism and proliferation financing.
India-New Zealand free trade pact to come into force on October 20
A free trade agreement between India and New Zealand, signed in April, will come into force on October 20, Indian trade minister Piyush Goyal said on Monday, as New Delhi seeks to boost exports and attract investment amid shifts in global trade.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
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