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UAE-Israel trade deal to be signed next year: Envoy

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The talks between Israel and the United Arab Emirates for a robust trade deal are advancing successfully and a signing ceremony will be held next year.

This was disclosed by Israel’s new ambassador to the UAE, Amir Hayek, while talking to the state news agency.

Hayek said that the Comprehensive Economic Partnership Agreement (CEPA) will be signed within the nine-month timeframe.

During the interview, he said that the sky is the limit in relations with the UAE, adding that the CEPA is vital for enhancing the bilateral trade ties.

Hayek’s interview comes as the Federation of Israeli Chambers of Commerce has projected that trade between the UAE and Israel could surge to $1.5 billion by the end of this year. The FICC sees this trade volume at over $5 billion within two to three years.

In the meantime, the president of the UAE-Israel Business Council said that the number of Israeli companies operating in the UAE is expected to double within a year.

In July, Dorian Barak, who is also the founder of Indigo Strategic Partners, said that he expects over 1,000 Israeli companies to be active in the UAE by next July. He said the coronavirus pandemic could be the only hurdle in enhancing bilateral economic ties.

Meanwhile, the UAE’s Economy Minister Abdulla Bin Touq has said that his country is seeking to grow economic ties with Israel to more than $1 trillion over the next decade.

Speaking at a virtual conference from the US, he said that the UAE has signed over 60 memorandums of understanding (MoUs) with Israel since normalising relations in 2020.

He added that currently, the UAE and Israel are engaged in up to $700 million dollars of bilateral trade and both sides have already announced joint funds of billions of dollars.

Earlier this month, the UAE also announced plans to strengthen its trade ties with the fast-growing economies in Asia and Africa.

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Dubai mosques to get EV charging stations in new sustainability move

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Your local mosque parking lot is get about to become a green hub. Dubai’s Islamic Affairs and Charitable Activities Department (IACAD) has signed a major deal to bring electric vehicle (EV) charging stations to mosque parking spaces across the city.

The 8-year agreement was signed (April 8), with the Emarat EV Charging Stations Company (UAEV). This move turns mosque parking areas into convenient spots for residents to power up their cars during prayer times or visits.

This isn’t just about a few plugs; it’s a full-scale smart infrastructure project:

  • Advanced Tech: Installation of modern, high-speed charging units.
  • Smart App: A dedicated digital application will show you exactly where the nearest available mosque charger is in real-time.
  • Easy Payments: Secure, integrated smart payment systems for a seamless experience.
  • Continuous Care: UAEV will handle all maintenance and performance monitoring.

This initiative follows just days after the announcement of 600 new supercharging spaces being installed at public parks and beaches.

  • Community Hubs: Mosques will now serve as multi-functional spaces that support sustainable mobility.
  • Environmental Goals: The project supports the UAE’s mission to have 50% of vehicles on the road be battery-electric by 2050.

Finding a charger in Dubai is getting much easier. By integrating clean energy into community spaces like mosques, Dubai is making eco-friendly living a natural part of daily life.

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Dubai RTA launches 100 autonomous taxis in Jumeirah

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Sci-fi is officially reality in Dubai. The RTA has launched its fleet of 100 autonomous taxis, now roaming the streets of Umm Suqeim and Jumeirah.

How to book your ride

Dubai has partnered with global tech giants Apollo Go (Baidu) and WeRide to make booking as easy as ordering a pizza. You can find them on:

  • The Uber App: WeRide vehicles are integrated directly into the Uber platform.
  • The Apollo Go App: Operated in cooperation with the Dubai Taxi Company.

Where can you ride?

Currently, the service is focused on two of Dubai’s most iconic coastal districts:

  • Jumeirah
  • Umm Suqeim

How safe are autonomous cabs?

Before hitting the road, these vehicles underwent “extensive testing” to navigate real-world traffic.

  • The Tech: They use AI, advanced sensors, and HD digital mapping.
  • The Smart City: The taxis are designed to process data in real-time, handling intersections, traffic signals, and pedestrians without a human behind the wheel.

This rollout is part of Dubai’s long-term goal to lead the world in self-driving transport. If you’re in Jumeirah, your next Uber might just be a robot.

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New mandatory fee proposed for overseas Pakistanis: What you need to know

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The Overseas Pakistanis Foundation (OPF) has proposed making membership mandatory for all 12 million Pakistanis living abroad, carrying a fee of Rs10,000 (approx. Dh130).

Syed Qamar Raza, Chairman of the OPF, said that the proposal has been approved by the Ministry of Overseas Pakistanis and is now awaiting final sign-off from the Prime Minister.

Membership fees

  • Cost: Rs10,000 for a 5-year membership.
  • Who it affects: All Pakistanis living in the UAE, Gulf, the Middle East, and worldwide.
  • The goal is to generate finances that allow the OPF to better serve the diaspora and introduce new welfare facilities.

The move comes as overseas Pakistanis continue to provide a massive boost to the national economy. Remittances are expected to hit an all-time high of $41–42 billion this year.

The OPF is a non-profit designed to resolve challenges for the diaspora. If approved, this nominal fee will create a massive fund aimed at protecting and supporting the millions of workers who keep Pakistan’s economy afloat.

Meanwhile, the Federal Cabinet has officially cleared the way for overseas Pakistanis to import used cars up to three years old. The new rules focus on two main pathways. Gift Scheme – for sending a vehicle to a family member back home, and Transfer of Residence (TR) Scheme – for those moving back to Pakistan permanently.

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