Latest news with #Dh60
Gulf Today
2 days ago
- Politics
- Gulf Today
UAE President honours judge who waived Dhs60,000 fine on an Afghan family
UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan on Tuesday honoured judge Hamid Al Ali of the Umm Al Quwain Federal Court of First Instance who cancelled a Dh60,000 fine for an Afghani overstayer. Sheikh Mohamed said that what the judge did represents the traits and culture of the Emirati people. Judge Al Ali recalled this story after many years. He said that once he had a case of an Afghani overstayer who failed to renew residency visas for himself, his wife, and their four children over five years due to personal circumstances. When Al Ali asked about the reason the man said that his Emirati sponsor was diagnosed with cancer and he had to stay beside him in hospital and did not think about his legal status. Al Ali said that during the hearing, he saw the man's young son standing beside him and asked for his name, to be surprised that his name was Zayed. Al Ali then removed the UAE flag scarf from around his shoulders and wrapped the child's shoulders with it saying 'Zayed is not fined but honoured' before he cancelled the penalties.
Al Etihad
3 days ago
- Al Etihad
Operation 'Al-Misbah': Dubai Police arrest begging ring of 41 suspects residing in hotel
30 May 2025 13:17 DUBAI (ALETIHAD) The Dubai Police arrested 41 Arab nationals for organised begging as part of Operation Al-Misbah. All the detained individuals were residing in the same hotel, and over Dh60,000 was seized from Dubai Police stated that this operation is part of the "Combat Begging" campaign, aimed at raising awareness about the dangers of begging and enhancing the UAE's civil image. The police acted on a tip-off regarding individuals begging while selling prayer surveillance, police arrested three suspects who admitted to being part of a larger group operating with visitor visas. In coordination with hotel management, 28 more individuals were arrested, and 10 others were apprehended while attempting to leave, Dubai Police Dubai Police highlighted that the annual "Combat Begging" campaign has successfully reduced begging through strict enforcement and increased patrols. They also encourage donations only through licensed organisations and urge the community to report begging activities via the toll-free number 901 or the Dubai Police app.
Al Etihad
6 days ago
- Business
- Al Etihad
UAE tourism set for landmark year with projected Dh267.5b GDP contribution
27 May 2025 00:30 KHALED AL KHAWALDEH (ABU DHABI)The UAE is poised to achieve a landmark year in tourism, with the sector projected to contribute Dh267.5 billion to the national economy in 2025, representing nearly 13% of GDP, according to new data from the World Travel and Tourism Council (WTTC).This milestone comes alongside record-breaking international visitor spend, which is forecast to reach Dh228.5 billion, 37% above pre-pandemic levels. Domestic tourism is also surging, with Dh60 billion in spending expected this year - 47% higher than in 2019, underscoring the strength of the local travel market."The UAE continues to lead the way in global travel and tourism. From cutting-edge smart cities to exceptional hospitality and seamless visa systems, the country is a model of how strategic vision drives economic growth," Julia Simpson, WTTC President and CEO, said in a statement."With initiatives like the Tourism Strategy 2031 and the National Tourism Charter, the UAE is building a future-ready sector rooted in sustainability and innovation. With strong leadership and public-private alignment, 2025 is set to mark yet another chapter in the UAE's remarkable tourism success story." Abu Dhabi Sees Robust Growth in Q1Complementing the national outlook, Abu Dhabi's tourism sector is tracking exceptional growth. According to the Department of Culture and Tourism (DCT), the emirate welcomed 1.4 million overnight visitors in Q1 2025, building momentum toward its target of Dh62 billion in tourism GDP contribution this year, a 13% increase over sector performance has mirrored this visitor growth. The first quarter of the year saw Dh2.3 billion in hotel revenues in the capital, marking an 18% year-on-year increase, while revenue per available room jumped 25% to Dh484. Occupancy rates averaged 79%, including during the holy month of Ramadan."Our strategic approach to elevating Abu Dhabi as a cultural and tourism destination is delivering tangible results," said Saood Abdulaziz Al Hosani, Undersecretary of DCT Abu Dhabi."Sustained investment into data-led destination marketing, diversified programming, a culture-first ethos, and ever-improving visitor experience touchpoints have driven robust growth in Q1 2025, building on a strong 2024."DCT highlighted the importance of cultural identity towards Abu Dhabi's tourism strategy. This has largely centred around the Saadiyat Cultural District, already home to the iconic Louvre Abu Dhabi and the newly opened teamLab Phenomena, which will soon be joined by the Zayed National Museum, and the Guggenheim Abu to WTTC forecasts, the UAE's travel and tourism sector is expected to continue its upward trajectory over the next decade, contributing nearly Dh287.8 billion to the economy by 2035. Employment in the sector is also projected to exceed 1 million jobs, further embedding tourism into the country's economic fabric. Source: Aletihad - Abu Dhabi
Daily Tribune
20-05-2025
- Business
- Daily Tribune
Do you know? 1 million job vacancies available in UAE
The United Arab Emirates is poised to become one of the world's leading travel and tourism powerhouses this year, with the sector expected to support more than 925,000 jobs by the end of 2025. This growth follows a strong post-pandemic recovery and is driven by ambitious national strategies and rising visitor demand, according to new data released by the World Travel and Tourism Council (WTTC). The WTTC's annual Economic Impact Research (EIR) report projects that international visitor spending in the UAE will reach a record Dh228.5 billion in 2025 — a 37% increase compared to pre-pandemic levels in 2019. Domestic travel is also on the rise, with local visitor spending estimated to hit Dh60 billion, up 47% from 2019. The sector is forecasted to contribute Dh267.5 billion to the UAE's national economy this year, accounting for nearly 13% of the country's GDP. "The UAE continues to lead the way in global travel and tourism. From smart cities to streamlined visas and world-class hospitality, it exemplifies how strategic planning can boost economic growth," said Julia Simpson, WTTC President and CEO. Simpson highlighted the UAE's forward-thinking approach through initiatives like the Tourism Strategy 2031 and National Tourism Charter, which focus on sustainability, innovation, and long-term development. Record Year for UAE Travel in 2024 In 2024, the travel and tourism industry added Dh257.3 billion to the economy, supporting over 898,600 jobs, or roughly 1 in 8 jobs nationwide. Dubai alone welcomed 18.72 million international visitors, marking a 9% increase compared to 2023. International visitor spending totaled Dh217.3 billion, while domestic spending reached Dh57.6 billion. Looking ahead, WTTC predicts the UAE's tourism sector will contribute nearly Dh287.8 billion to the national economy by 2035 and create more than 1 million jobs. Abu Dhabi's Expanding Attractions Abu Dhabi continues to position itself as a global leisure and cultural hub. Highlights include: Innovative attractions like teamLab Phenomena Abu Dhabi, a digital art experience, have also added to the capital's growing tourism appeal. Abu Dhabi's Tourism Strategy 2030 aims to attract 39.3 million visitors, reinforcing the UAE's position as a global tourism leader.
The National
20-05-2025
- Business
- The National
My Dubai Salary: ‘I earn up to Dh80,000 a month to support my eight children'
Nargiz Noimann, a 53-year-old Russian living in the UAE, has been saving diligently since the age of 30 to support her big family. Ms Noimann, who has eight children and three grandchildren, spends most of her monthly income on her children's education and to fulfil family needs. She is the founder and chief executive of health technology company, X Technology, which offers virtual reality and artificial intelligence-driven solutions for cancer recovery, dementia care and emotional rehabilitation. The solutions are being piloted in hospitals and wellness centres across the UAE. Ms Noimann, who travels between Dubai and Abu Dhabi because her children go to school in the UAE capital, has been living in the Emirates for the past two years. 'I plan to move all my assets to Dubai soon because I believe this is where my business will succeed the most and it offers the most potential for growth,' she says. Ms Noimann has a degree in clinical psychology, a master's degree in business administration from Prague and certifications in AI and VR. She has built a self-funded business with no loans or external investors. I started working as a psychologist 25 years ago and my monthly salary was about $3,000. I was self-employed. My business was operational in Russia, Latin America and Kazakhstan. I earn between Dh60,000 ($16,337) and Dh80,000 per month, depending on my start-up's revenue. My start-up makes an income of approximately between Dh300,000 and Dh500,000 per month. Besides spending on life's necessities, my main expenses are on my children. I spend most of my money on their education, plus investments into my company. I prioritise spending on meaningful experiences and personal development. This includes travel with purpose, advanced professional education and maintaining a healthy lifestyle. I also support charitable initiatives focused on mental health and education. Savings is an essential part of my life because I have eight children. Since the age of 30, I've been saving 10 per cent of my monthly income and investing into my kids, technology and myself. We have a financial consultant in our family who helps with investments. My main investments are in real estate in Russia and the US. I also plan to invest in property in Dubai very soon. Plus, I also invest a lot into my business. I only take a small portion of the company revenue for my personal use and for my family. I don't have any loans or credit cards, but I think they are great if you treat them as an instrument to invest into your business. My business is fully self-funded. I come from a family background where we didn't have much money growing up, so I never inherited anything. But my parents, who worked as engineers in a factory in Russia, imparted good education and I have passed that on to my children as well. No, my parents or school didn't teach me a lot when it comes to money management. But when I finished chores, my parents gave me pocket money. I don't really plan to retire. I treat my business as a job, it gives me energy to live and a reason to smile every day. So, I don't really think about retirement or saving for retirement because I plan to capitalise on my business even when I stop working. Yes, I've had an emergency fund for more than 20 years and it can easily sustain my family and me for two years. In the short term, my financial goal is to increase my personal monthly cash flow by 30 per cent, purchase a property in the UAE and build a solid financial reserve to prepare for larger investment opportunities and financial security. My long-term financial goals – in the next five to 10 years – are to own a portfolio of three to four rental properties generating consistent passive income and grow my total personal investment capital to Dh10 million, combining real estate assets, financial market investments and select venture opportunities. I also want to establish reliable passive income streams sufficient to fully cover living expenses and achieve long-term financial independence and dedicate a portion of my investment returns to supporting social initiatives focused on mental health and education. Instead of focusing solely on saving, I prefer to invest in assets that preserve and grow value over time. This includes carefully selected real estate investments, long-term financial instruments and equity investments in healthcare technologies. Real estate offers both security and the potential for steady income. Financial freedom means having the ability to choose how I spend my time and energy without being limited by financial constraints. It's about having the resources to support projects that make a meaningful impact and being able to prioritise personal well-being and family when needed.
