UAE Targets 20 Unicorns by 2031
10 November 2021
In line with the Entrepreneurial Nation project, the UAE will establish a Dh1 billion private equity fund to support UAE-based start-ups and SMEs operating in key sectors, targeting to become home to 20 unicorns by 2031 by attracting skilled talent and foreign capital.
02 January 2022
Mohammed bin Rashid Approves Dubai's General Budget Cycle 2022-2024
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE has approved the Government of Dubai's general budget for the fiscal cycle of 2022-2024, with a total expenditure of AED181 billion, in addition to Law No. (28) for the General Budget for the fiscal Year 2022, with AED59.95 billion expenditure. The budget cycle will support Dubai’s efforts to stimulate the macro economy and the objectives of the Dubai Strategic Plan 2030.
21 November 2021
UAE to host ICOM General Conference 2025
The UAE has won the bid to host the 27th International Council of Museums (ICOM) General Conference 2025 in Dubai under the theme 'The Future of Museums in Rapidly Changing Communities’. The new global achievement is set to further strengthen the UAE’s leading position as the capital of creativity and innovation across various fields. This victory came following the voting round that was held at the meeting of ICOM's executive committee on 18th and 19th November, with the participation of over 130 members.
29 September 2021
A 5 Year Multiple-Entry Visa Made Available for Visitors
The Federal Authority for Identity and Citizenship (ICA) announced that a 5-year multiple entry visa will now be issued for all nationalities. The visa enables tourists to enter multiple times on self-sponsorship and remain in the country for 90 days on each visit, which can be extended for another 90 days.