UAE Remains Focused on 5 Million Barrels Per Day Production Capacity by 2027

Abu dhabi: The UAE Ministry of Energy and Infrastructure reiterated that the UAE remains focused on delivering its planned production capacity of 5 million barrels per day by 2027. According to Emirates News Agency, the Ministry emphasized in a statement that there is no change to its production capacity target. The statement underscores the country’s commitment to enhancing its energy capabilities within the specified timeline.

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UAE NAMLCFTC Commends European Parliament’s Recognition of Robust AML/CFT Framework

Abu dhabi: The General Secretariat of the UAE’s National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC) welcomed the decision by the European Parliament to remove the UAE from the European Union’s list of high-risk third countries under enhanced monitoring for anti-money laundering and counter-terrorism financing. According to Emirates News Agency, this decision represents another milestone in a series of international recognitions affirming the effectiveness of the UAE’s national approach and the strength of the renewed institutional framework the country has adopted in recent years. The General Secretariat of NAMLCFTC emphasised that the UAE

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Dubai Free Zones Council Reviews Initiatives to Advance Sustainable Growth

Dubai: The Dubai Free Zones Council (DFZC), chaired by H.H. Sheikh Ahmed bin Saeed Al Maktoum, convened for its 31st meeting to deliberate on strategic initiatives designed to bolster sustainable economic growth and enhance the global competitiveness of Dubai’s free zones. According to Emirates News Agency, the Council emphasized the necessity of cultivating a flexible and integrated legislative environment to facilitate business operations and elevate investor confidence. The meeting commenced with an evaluation of the progress in implementing the UAE National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC) guidelines across Dubai’s free zones.

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Removing UAE from EU High-Risk List Highlights Global Trust in Financial System: Al Hussaini

Abu dhabi: Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, emphasized that the European Union’s decision to remove the UAE from its list of high-risk third countries for money laundering and terrorist financing marks a key strategic milestone. This move underscores international recognition of the UAE’s comprehensive efforts to enhance the integrity of its financial system and uphold the highest global standards. According to Emirates News Agency, Al Hussaini highlighted that this decision affirms the UAE’s status as a trusted global financial hub characterized by transparency, openness, and alignment with international developments. He reiterated the UAE’s commitment

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General Budget Committee Reviews UAE’s 2026 Fiscal Year Draft Budget

Abu dhabi: The General Budget Committee has convened for its 13th meeting to deliberate on the UAE’s draft general budget for the fiscal year 2026. The meeting, held at Qasr Al Watan in Abu Dhabi, was graced by the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court; H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance; and H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs. According to Emirates

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Saud Al Mu’alla Directs Allocation of Residential Plots to Emiratis in UAQ

Umm al qaiwain: In implementation of the directives of H.H. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, the government has approved the allocation of 240 residential land plots for eligible Emirati citizens. According to Emirates News Agency, this initiative is part of ongoing efforts to ensure a dignified life and bolster family stability within the emirate. The move reflects H.H. Sheikh Saud’s unwavering commitment to meeting the needs of Umm Al Qaiwain citizens and aligns with the UAE’s broader strategy to enhance community wellbeing and improve citizens’ quality of life. Competent entities

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Abu Dhabi Customs and Indian Delegation Collaborate to Boost Bilateral Trade

Abu dhabi: The General Administration of Abu Dhabi Customs recently hosted a workshop in collaboration with an official Indian delegation, led by Arti Agarwal Srinivas, Director-General of Systems and Data Management at the Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, India. The delegation included representatives from the Embassy of India in Abu Dhabi. According to Emirates News Agency, the workshop aimed to explore avenues for strengthening cooperation in facilitating bilateral trade, enhancing supply chain efficiency, and advancing the digital trade corridor between the two nations. During the visit, the delegation met with Rashed Lahej Al Mansoori,

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RAK Ruler Engages in Bilateral Talks with New Zealand Consul-General

Ras al khaimah: H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, hosted Ahmad Zakkout, Consul-General of New Zealand in Dubai and the Northern Emirates, at his palace in Saqr bin Mohammed City. The meeting was held to further bilateral cooperation between Ras Al Khaimah and New Zealand. According to Emirates News Agency, the discussions between H.H. Sheikh Saud and the Consul-General centered on enhancing collaborative efforts across multiple sectors. Both parties exchanged perspectives on topics of mutual interest, aiming to fortify their partnership. Ahmad Zakkout conveyed his gratitude to the Ruler of

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