Latest news with #DubaiOffice
Khaleej Times
24-04-2025
- Business
- Khaleej Times
UAE, Bangladesh discuss easing of visas, says consul-general
Bangladesh and UAE are discussing easing of visas for the South Asian nationals, a senior official said. Md. Rashedujjaman, the consul-general of Bangladesh in Dubai and Northern Emirates, said the population of Bangladeshi nationals in the UAE stands at roughly one million, remaining stable and has not increased due to 'complications in visas'. In an interview with Khaleej Times on the occasion of the celebration of the country's 55th Independence and National Day in Dubai, he said, they're in 'discussion to ease (visas for Bangladeshi) with the UAE government.' He added that Bangladeshi professionals work in various industries and as entrepreneurs, contributing to economic growth. "We want to see Bangladeshi nationals become a part of UAE's success story." Mohammed AlBahri, Head of Protocol and Operations, Ministry of Foreign Affairs, Dubai Office; Tarek Ahmed, ambassador of Bangladesh in the UAE; and around 300 guests including diplomats of other countries attended the event. Expanding consular services Rashedujjaman said the Bangladeshi consulate has introduced many new consular initiatives recently for the nationals living across the UAE. 'We are conducting special consular services three days a week – Saturday, Sunday and Friday – across different emirates. Our team goes to other emirates to provide on-the-spot consular services to the workers who cannot come to the consulate to save their time, energy and money. In addition, we have opened a help desk inside our consulate because many uneducated workers fall prey to the brokers because they probably do not have the right information,' said Rashedujjaman. Through this mobile service, all kinds of consular services are provided to Bangladeshi nationals for three days. CEPA talks The consul-general revealed that the UAE and Bangladeshi have begun Comprehensive Economic Partnership Agreement (CEPA) discussions, which are at 'the early stage'. The total bilateral trade between the two countries is around $1.5 billion. 'If CEPA talks are successful, the trade volume will grow manifold.' He believes that the economic relations have not been fully exploited and both governments are working closely to boost trade. 'Not only trade, but we also seek investments from UAE, particularly in areas like ICT, renewable energy, infrastructure, port facilities, agro-processing and processing of the halal meat in Bangladesh to export to other destinations,' he added.
Tourism Breaking News
19-03-2025
- Business
- Tourism Breaking News
Tourism Malaysia, Dubai Office wins ‘Best NTO – South East Asia'
Post Views: 109 Tourism Malaysia, Dubai Office was honoured with the title of 'Best NTO – South East Asia' at the seventh edition of the Arabian Travel Awards 2024. 'We are deeply honoured to receive this prestigious award from DDP Group. It reflects our commitment to positioning Malaysia as the premier travel destination in this region. This recognition underscores our dedication to fostering strong partnerships with airlines, agents, and media. Looking ahead to Visit Malaysia 2026, we are excited to enhance our promotional strategies with both new and existing partners. '- Mohd Faharuddin Hatmin, Director, Tourism Malaysia Dubai Office.
Web Release
06-03-2025
- Business
- Web Release
O Gold and Monetary Metals Unveil Pioneering Gold Leasing Model
O Gold, the first Emirati app for fractional gold and silver ownership, has launched its collaboration with Monetary Metals, a global leader in gold leasing. Bringing together key industry figures in Dubai, the launch event marked a pivotal moment in gold investment. Monetary Metals partners with top-tier companies for gold leasing, ensuring real-time tracking via inventory and RFID systems. Backed by a leading global insurance provider, their comprehensive policy enhances investor security. Though they usually require a 10-ounce minimum, partnering with O Gold removes this barrier, expanding access to gold leasing. O Gold's new leasing feature allows users to lease as little as 0.1g of gold and earn up-to a 16% annual return (comprising approximately an 11% market return and up-to a 5% yield, paid in gold), turning idle gold into a productive asset. 'We are excited to officially launch our collaboration with Monetary Metals to revolutionize gold leasing,' said Bandar Al Othman, Chairman, O Gold. 'This collaboration aligns with our vision of transforming gold into a dynamic, income-generating asset. Expanding gold leasing access helps individuals optimize holdings and provides the jewelry industry with vital working capital.' Key benefits of the partnership include: ? Low Entry Requirement: Lease as little as 0.1 gram of gold. ? High Returns: Earn up to 16% annual returns on gold holdings. ? Monthly Income: Receive a yield of up-to 5% annually in physical gold, credited monthly. ? Liquidity and Flexibility: Withdraw at any time without penalties. ? Secure and Transparent: Insured investments with full ownership retained by the investor. ? Portfolio Diversification: A hedge against inflation, market crashes, and geopolitical instability, with a negative correlation to other assets. O Gold is a strong partner in our mission to make gold a productive asset,' said Mark Pey, Manager, Monetary Metals – Dubai Office. 'Our shared vision is to move beyond the traditional notion of gold as a static asset and instead position it as a powerful financial tool. By combining our expertise, we are making gold leasing more accessible, transparent, and rewarding, enabling investors to fully benefit from its potential.' O Gold revolutionizes gold investment with a seamless digital platform for buying, selling, and leasing gold. *Source: AETOSWire
Zawya
27-02-2025
- Business
- Zawya
O Gold and Monetary Metals unveil pioneering gold leasing model
Dubai, United Arab Emirates: O Gold, the first Emirati app for fractional gold and silver ownership, has launched its collaboration with Monetary Metals, a global leader in gold leasing. Bringing together key industry figures in Dubai, the launch event marked a pivotal moment in gold investment. Monetary Metals partners with top-tier companies for gold leasing, ensuring real-time tracking via inventory and RFID systems. Backed by a leading global insurance provider, their comprehensive policy enhances investor security. Though they usually require a 10-ounce minimum, partnering with O Gold removes this barrier, expanding access to gold leasing. O Gold's new leasing feature allows users to lease as little as 0.1g of gold and earn up-to a 16% annual return (comprising approximately an 11% market return and up-to a 5% yield, paid in gold), turning idle gold into a productive asset. 'We are excited to officially launch our collaboration with Monetary Metals to revolutionize gold leasing,' said Bandar Al Othman, Chairman, O Gold. 'This collaboration aligns with our vision of transforming gold into a dynamic, income-generating asset. Expanding gold leasing access helps individuals optimize holdings and provides the jewelry industry with vital working capital.' Key benefits of the partnership include: Low Entry Requirement: Lease as little as 0.1 gram of gold. High Returns: Earn up to 16% annual returns on gold holdings. Monthly Income: Receive a yield of up-to 5% annually in physical gold, credited monthly. Liquidity and Flexibility: Withdraw at any time without penalties. Secure and Transparent: Insured investments with full ownership retained by the investor. Portfolio Diversification: A hedge against inflation, market crashes, and geopolitical instability, with a negative correlation to other assets. O Gold is a strong partner in our mission to make gold a productive asset,' said Mark Pey, Manager, Monetary Metals - Dubai Office. 'Our shared vision is to move beyond the traditional notion of gold as a static asset and instead position it as a powerful financial tool. By combining our expertise, we are making gold leasing more accessible, transparent, and rewarding, enabling investors to fully benefit from its potential." O Gold revolutionizes gold investment with a seamless digital platform for buying, selling, and leasing gold. *Source: AETOSWire
