Announcements

UAE President: Empowering people of UAE is nation’s top priority and basis of future plans

Published

4 years ago

July 13, 2022

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President His Highness Sheikh Mohamed bin Zayed Al Nahyan has said that the people of the UAE, and striving to empower them, has always been and continues to be the nation’s top priority. “Ensuring our people have everything they need to live fulfilled, comfortable, and happy lives, remains the basis of all our future plans,” His Highness said, while addressing the nation.

In his speech that was broadcasted today on local TV and radio channels, President His Highness Sheikh Mohamed bin Zayed said the UAE’s policy will continue to champion peace and stability in the region and the wider world, supporting others and advocating for wisdom and cooperation for the good of mankind.

#MohamedbinZayed: We will work to strengthen our role among the world’s leading countries by providing humanitarian aid, and by continuing to extend a helping hand to communities in need around the world, irrespective of religion or race.#WamNews
pic.twitter.com/A0goIfOrOE

— WAM English (@WAMNEWS_ENG) July 13, 2022

His Highness stressed that the UAE will continue its work to strengthen cooperation and enable positive, respectful dialogue between countries to achieve stability and prosperity for all.

His Highness said that “the sovereignty and security of the UAE will remain a foundational principle that we will abide with, and we will not tolerate anything that could affect it. We extend the hand of friendship to all countries that share our values of peaceful coexistence and mutual respect, to achieve progress and prosperity.”

#MohamedbinZayed:UAE’s policy will continue to champion peace and stability in our region and the wider world, supporting others and advocating for wisdom and cooperation for the good of mankind.#WamNews pic.twitter.com/ZnbSl94PTw

— WAM English (@WAMNEWS_ENG) July 13, 2022

President His Highness Sheikh Mohamed bin Zayed also highlighted that the UAE is fortunate to have a nation of people, who, before and after the union, and even through difficult times, have proven their spirit and determination to overcome the toughest challenges. “Our pride in our people is infinite. Equally, we deeply appreciate the valued role of our residents who consider this country their second home, and their continued contributions in building and developing the UAE since its union,” His Highness said.

Announcements

Small businesses in the UAE now have tax relief until 2029

Published

16 hours ago

August 7, 2026

Michael Gomes

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Small businesses in the UAE with annual revenues of up to Dh3 million will continue to be eligible for Small Business Relief under the corporate tax regime until the end of 2029.

The Ministry of Finance said on Friday that Ministerial Decision No. 131 extends the period during which eligible businesses can benefit from Small Business Relief to cover tax periods ending on or before December 31, 2029.

The relief was introduced to help reduce the corporate tax compliance burden for smaller businesses and start-ups that meet the eligibility requirements.

Dh3 million threshold remains unchanged

The existing annual revenue threshold of Dh3 million, set under Ministerial Decision No. 73 of 2023, will continue to apply.

The relief applies to tax periods beginning on or after June 1, 2023 and, following the latest amendment, will remain available for subsequent tax periods ending on or before December 31, 2029.

Eligible taxable persons with annual revenue of up to Dh3 million can claim Small Business Relief, subject to meeting the conditions and requirements outlined in the corporate tax legislation.

The relief enables qualifying businesses to benefit from simplified corporate tax compliance requirements.

More time for small businesses

The extension provides eligible small businesses and start-ups with additional tax periods to benefit from the relief while continuing to meet the Dh3 million revenue threshold.

The Ministry said the decision is part of its efforts to support smaller companies and entrepreneurs, strengthen the business environment, and encourage sustainable growth and expansion.

Announcements

August fuel rates announced: UAE petrol prices go up

Published

1 week ago

July 31, 2026

Michael Gomes

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UAE motorists will pay more at the pump from Saturday after the UAE Fuel Price Committee announced higher petrol and diesel prices for August 2026.

The revised rates, which take effect from August 1, are:

Super 98: Dh3.60 per litre (up from Dh3.40)
Special 95: Dh3.49 per litre (up from Dh3.29)
E-Plus 91: Dh3.41 per litre (up from Dh3.21)
Diesel: Dh3.80 per litre (up from Dh3.60)

The increase reverses July’s price reduction and comes after volatility in global oil markets during the past month.

The UAE Fuel Price Committee reviews retail fuel prices at the end of each month, with rates determined in line with movements in international oil markets.

The new prices will remain in effect throughout August 2026.

Announcements

UAE’s Jaywan card can now be used for online shopping on thousands of websites

Published

3 weeks ago

July 21, 2026

Michael Gomes

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Online shopping with the UAE’s Jaywan card just got a major upgrade.

Network International has announced that Jaywan cardholders can now use their cards to pay on thousands of online stores connected to its payment gateway, expanding the domestic payment scheme beyond in-store purchases.

The move is expected to make online payments faster and more convenient while supporting the UAE’s push towards a cashless economy.

What is Jaywan?

Launched by Al Etihad Payments, a subsidiary of the Central Bank of the UAE, Jaywan is the country’s domestic payment card scheme.

It was introduced to provide a secure local payment option, reduce transaction costs and strengthen the UAE’s digital payments ecosystem.

Until now, Jaywan cards were mainly accepted for in-store purchases. With the latest expansion, cardholders can also use them for online shopping across thousands of merchants powered by Network International.

What this means for shoppers

For UAE residents, the update means more flexibility when shopping online.

Whether you’re ordering groceries, booking services or buying products online, you’ll be able to use your Jaywan card anywhere that supports Network International’s payment gateway.

The company says the integration offers secure, fast and seamless online payments, while merchants won’t face additional charges for Jaywan transactions processed through its platform.

A step towards a cashless UAE

The expansion is part of the UAE’s broader strategy to accelerate digital payments and reduce reliance on cash.

By making Jaywan available both in stores and online, payment providers are helping create a more connected digital payment ecosystem for businesses and consumers alike.

As more banks, merchants and payment providers adopt the scheme, residents can expect to see Jaywan accepted across even more everyday payment services in the future.