The Ministry of State for Federal National Council Affairs (MFNCA) held its second ordinary coordination meeting for 2020 with the General Secretariat of the Federal National Council (FNC) on Tuesday, June 9.
Ras Al Khaimah (RAK), the northernmost of seven emirates that make up the United Arab Emirates (UAE), has had its ‘A’ rating affirmed by global agency Fitch Ratings, with a Stable Outlook – a rating the emirate has now maintained for more than a decade. The positive Long-Term Foreign-Currency Issuer Default Rating (IDR) is driven by several factors, chief among them being the emirate’s low government debt burden and high GDP per capita.
As part of its keenness to facilitate the completion of real estate registration transactions – buying, selling, and other transactions – with record speed, and enabling the appropriate investment climate for the real estate sector, Dubai Land Department (DLD) provided a team to work directly from the real estate registration trustee centres.
The empowerment of young people in government decision-making in the Gulf and South America took center stage when Her Excellency Shamma Al Mazrui, UAE Minister of Youth, participated in a virtual meeting with H.E Marta Lucía Ramírez de Rincón, Vice President of the Republic of Colombia.
Philippine Ambassador to the United Arab Emirates, Hjayceelyn M. Quintana led the inauguration of the Passport Renewal Center (PaRC) at VFS Global in the World Trade Center in Abu Dhabi city. The inauguration coincided with the commemoration of Philippine Independence Day, which falls every 12th of June.
Sharjah Finance Department (SFD) recently established a framework worth AED 4 billion to enhance liquidity for the Sharjah banking system in the emirate. This move was aimed at providing additional financial assistance to all businesses impacted by the outbreak of COVID-19.
