Gulf Insight 360

Category: UAE

Stay informed about the latest news and happenings in the United Arab Emirates (UAE) with GulfInsight360.com’s UAE category. Explore a wide range of topics, including politics, economy, culture, tourism, and more, providing comprehensive coverage of the UAE’s dynamic landscape. Our dedicated team of writers delivers timely updates, insightful analysis, and in-depth features to keep you well-informed about the UAE’s developments, achievements, challenges, and opportunities.

  • Dubai Financial Market Tradable Rights Issue of Ajman Bank

    Dubai Financial Market Tradable Rights Issue of Ajman Bank

    Table of Contents

    Introduction:

    Learn about the ongoing rights issue for Ajman Bank in the Dubai Financial Market. Shareholders have the opportunity to subscribe to newly issued shares, while non-shareholders can invest in the bank’s future growth. Make informed decisions during the trading period from July 17 to July 31, 2023.

    Overview:

    1. Dubai Financial Market (DFM) announces rights issue for Ajman Bank.
    2. Rights issue trading period: July 17 to July 31, 2023 (AJMANB-Rl23 symbol).
    3. Shareholders receive one new share for every 3.952 shares owned in Ajman Bank.
    4. Issue price: Dh1.00 per share, equivalent to the nominal value of the bank’s ordinary shares.
    5. Existing shareholders can sell their rights or subscribe for new shares.
    6. Non-shareholders can purchase Ajman Bank’s rights during the trading period.
    7. Subscription period for new shares: July 24 to August 4, 2023.

    The Dubai Financial Market (DFM) has announced the commencement of the rights issue for Ajman Bank, which will be available for trading on the exchange from July 17 to July 31, 2023. During this trading period, the rights issue will have its own trading symbol (AJMANB-Rl23). Shareholders will receive the right to subscribe for one newly issued share for every 3.952 shares owned in Ajman Bank on the eligibility date. Each right allows the subscription of one new share at an issue price of Dh1.00 per share, which is equivalent to the nominal value of the bank’s ordinary shares.

    A rights issue is a financial instrument that grants the bank’s existing shareholders the right to subscribe to newly issued shares. As rights will be provided to existing shareholders at the close of trading on Friday, July 14 (the eligibility date), shareholders who do not wish to subscribe to the new shares are also allowed to sell all or part of their rights on DFM. To be eligible to receive rights on the eligibility date, investors must maintain ownership of Ajman Bank shares or execute any purchase orders for shares no later than 3 pm on Wednesday, July 12, 2023. This timeframe allows for the settlement of trades on the DFM.

    The Rights Issue will be tradable only during the trading period, from Monday, July 17, 2023, until Monday, July 31, 2023. Shareholders can choose to keep their rights to subscribe for new shares, keep a portion of it, or sell their rights through a DFM-registered broker. If existing shareholders choose not to exercise their rights, their ownership in Ajman Bank would be diluted. Non-shareholders can also purchase Ajman Bank’s rights issued on DFM during the trading period. The holders of rights can subscribe for the new shares during the subscription period from Monday, July 24, until Friday, August 4, 2023.

    Overall, it is important for shareholders of Ajman Bank to take note of the rights issue trading period and eligibility date. By understanding the details of the rights issue, shareholders can make informed decisions on whether to exercise their rights, sell their rights, or purchase additional rights. The rights issue provides shareholders with an opportunity to increase their ownership in Ajman Bank and potentially benefit from the future growth and performance of the bank.

    Furthermore, for non-shareholders, the rights issue presents an opportunity to invest in Ajman Bank and participate in the bank’s future growth. By purchasing the rights during the trading period, non-shareholders can potentially become shareholders and benefit from any future dividends or capital appreciation of Ajman Bank’s shares.

    In conclusion, the rights issue for Ajman Bank is an important event for shareholders and investors. It allows existing shareholders to increase their ownership in the bank and provides non-shareholders with an opportunity to invest in Ajman Bank. By understanding the details of the rights issue and the trading period, shareholders and investors can make informed decisions that align with their investment goals and strategies.

     

    1. Dubai Business Forum: Empowering Global Trade and Advancing Opportunities

      Dubai Business Forum: Empowering Global Trade and Advancing Opportunities

      The Dubai Business Forum, hosted by Dubai Chambers, will convene on 1st and 2nd November 2023, at Madinat Jumeirah, focusing on “Shifting Economic Power: Dubai and the Future of Global Trade.” Embracing the ambitious D33 plan, the forum will attract influential stakeholders, bridging the gap between public and private sectors to forge alliances, cultivate networks, and unlock opportunities. With an emphasis on redefining success, the forum aims to bolster Dubai’s position as a global leader in key industries, facilitate international collaborations, and drive economic growth on a global scale.

      Introduction

      Dubai Chambers is proud to announce the upcoming launch of the Dubai Business Forum, a highly anticipated event set to take place on November 1st and 2nd, 2023, at the prestigious Madinat Jumeirah in Dubai. With the theme “Shifting Economic Power: Dubai and the Future of Global Trade,” this forum aims to create a platform for global stakeholders to come together and explore opportunities in the ever-evolving global market. Hosted by Dubai Chambers, the event is aligned with the ambitious D33 economic agenda, which seeks to propel Dubai’s economy to new heights and solidify its position among the world’s top cities.

      Advancing Opportunities and Fostering Partnerships of Dubai Business Forum

      The Dubai Business Forum serves as a catalyst for advancing opportunities and fostering partnerships in the global market. Bringing together visionary heads of state, government officials, global business leaders, and major international investors, the forum creates a space for insightful discussions and collaborations. With a particular focus on future-facing sectors such as technology, retail, finance, travel and hospitality, real estate, and healthcare, the forum aims to redefine success and transform the way businesses operate in the future.

      Commitment to Dubai’s Economic Growth and Investment

      Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, emphasizes the commitment to Dubai’s economic growth and investment. The launch of the Dubai Business Forum signifies Dubai Chambers’ dedication to enhancing the competitiveness of Dubai’s economy and facilitating business growth and investment opportunities. By creating an unrivalled platform for networking and deal-making, the forum empowers global business leaders and reinforces Dubai’s position as a key player in the global economy. The insightful sessions and discussions at the forum are expected to unlock new opportunities for trade and investment, shaping the future of business.

      Conclusion

      Dubai’s strategic location, reputation as a global leader in innovation, and its favorable business environment make it an ideal venue for the Dubai Business Forum. With a focus on advancing opportunities in the global market, this forum will drive engagement with key stakeholders, accelerate trade and investment growth, and support the expansion of Dubai-based companies in targeted markets. As Dubai Chambers brings together influential leaders and fosters collaboration, the Dubai Business Forum will contribute to Dubai’s economic growth and reinforce its role as a thriving hub for global trade and investment.

    2. 387 Students from 14 Universities Acquire Valuable Skills for the Job Market

      387 Students from 14 Universities Acquire Valuable Skills for the Job Market

      The Sharjah Government Media Bureau (SGMB) celebrated the successful completion of specialized training courses by students participating in the Job Shadow Program. Led by experienced media professionals and administrative staff, the program aims to equip students with essential expertise and prepare them for the job market.

      In the first half of 2023, a total of 387 students from 14 national and international colleges and universities participated in the training program, which offered a combination of remote and in-person training to maximize its impact.

      The students represented 32 countries, including the UAE and various other nations from the Middle East, Africa, Asia, and beyond. The participating educational institutions included renowned universities such as the Higher Colleges of Technology, the American University of Sharjah, and the University of Sharjah.

      Huda Al Dah, Manager of the Training Department, highlighted the program’s growing popularity among students and emphasized its success in helping them achieve their career goals by providing them with practical skills and professional excellence.

      Aisha Al Kaabi, Head of the Training Programs Department, emphasized the comprehensive training approach of the Job Shadow Program, which empowers students to develop their competencies and potential through practical assignments and guidance from experienced professionals.

      The Job Shadow Program serves as a valuable opportunity for students to gain practical experience and learn from media experts and SGMB staff, aligning with Sharjah’s commitment to supporting students and youth in their educational and professional journeys.

    3. Best places to visit in Sharjah and Fujairah: Hidden Gems Uncovered

      Best places to visit in Sharjah and Fujairah: Hidden Gems Uncovered

      Best places to visit in Sharjah and Fujairah: Explore the unexposed treasures, hidden gems of the UAE. From stunning natural landscapes to historical wonders, these emirates offer a unique charm for a memorable long weekend. Uncover the beauty and cultural marvels of Sharjah and Fujairah, perfect for families seeking an unforgettable getaway.

      Introduction

      Best places to visit in Sharjah and Fujairah: When it comes to exploring the United Arab Emirates, Dubai and Abu Dhabi often steal the limelight with their extravagant attractions. However, nestled away in the shadows of these bustling metropolises lie the hidden gems of Sharjah and Fujairah, waiting to be discovered. As you prepare for a memorable long weekend for the Islamic New Year, embark on a journey to uncover the unexposed treasures that these two emirates have to offer. From breathtaking natural landscapes to awe-inspiring historical wonders, Sharjah and Fujairah promise a unique charm that will captivate your senses and create unforgettable memories

      Let us delve into the best places to visit in these lesser-known yet enchanting emirates, where you can immerse yourself in rich cultural heritage and revel in the beauty of nature’s marvels. Best places to visit in Sharjah and Fujairah: a journey of discovery awaits

      Sharjah

      Best places to visit in sharjah and fujairah

      Uncovering Natural Wonders and Cultural Marvels in Sharjah

      Sharjah’s diverse terrain, from mountains to seas, blends seamlessly with its iconic architecture and world-class museums. Discover the must-visit attractions during your long weekend.

      Sharjah Desert Park: Nature and Learning Combined

      Explore the captivating Sharjah Desert Park, an edutainment destination featuring the Natural History Museum, Arabian Wildlife Centre, and Children’s Farm. An ideal spot for nature enthusiasts

      Al Qasba: Entertainment and Sophistication at the Waterfront

      Experience the perfect blend of entertainment and elegance at Al Qasba. Enjoy dining, theatres, abra rides, and the Al Qasba Musical Fountain, making it a family-friendly destination.

      Sharjah Aquarium: A Fascinating Underwater Journey

      Dive into the mesmerizing world of marine life at Sharjah Aquarium. Witness over 250 species of aquatic wonders, including reef sharks and enchanting seahorses.

      Museum of Islamic Civilization: A Glimpse into Islamic Heritage

      Discover the rich Arab and Islamic culture at the Sharjah Museum of Islamic Civilisation. Immerse yourself in the profound history and traditions of the region.

      Fujairah

      Best places to visit in sharjah and fujairah

      Fujairah’s Historical and Natural Splendor: A Coastal Retreat

      Fujairah, with its historical sites and coastal beauty, offers an enchanting experience for visitors seeking a blend of heritage and nature.

      Fujairah Fort and Village: A Journey to the Past

      Step back in time with a visit to Fujairah Fort, the oldest in the UAE. Immerse yourself in the rich heritage and architectural marvels of the region.

      Snoopy Island: Dive into Aquatic Adventures

      Embark on water-based sports and dive into the vibrant marine life surrounding Snoopy Island. Snorkeling and diving enthusiasts will be delighted.

      Al Bidyah Mosque: A Glimpse of Ancient Spirituality

      Witness the architectural brilliance of Al Bidyah Mosque, the oldest mosque in the UAE. Appreciate the craftsmanship and historical significance of this sacred site.

      Bithnah Fort: A Sentinel of History

      Explore Bithnah Fort, an ancient fort that guarded the UAE’s eastern region. Unravel its past and connect with the region’s rich history.

      Al Hayl Castle: A Legacy of Protection

      Al Hayl Castle stands as a testament to Fujairah’s history, serving as the ruling family’s residence. Discover its significance in the region’s defense.

      Fujairah Museum: Time Travel through Artefacts

      The Fujairah Museum showcases archaeological wonders from the region’s past. Immerse yourself in the captivating findings from ancient excavation sites.

      Masafi: Best Places to Visit in Sharjah and Fujairah – The Oasis Village

      Experience Masafi, a charming village known for its natural springs. Explore the border of two emirates and enjoy the pristine purity of its waters.

      Conclusion

      In conclusion, Sharjah and Fujairah, the hidden gems of the UAE, offer an enchanting blend of history, culture, and natural beauty that is waiting to be explored. As you venture through the Sharjah Desert Park, marvel at the wonders of the Al Qasba, or immerse yourself in the fascinating exhibits of the Museum of Islamic Civilisation, you will find yourself captivated by the unique charm of these emirates. And when you make your way to Fujairah, the ancient Fujairah Fort, the captivating Snoopy Island, and the historic Bithnah Fort will transport you back in time. With the serene Al Hayl Castle and the mesmerizing Fujairah Museum adding to the allure, your journey of discovery will be nothing short of extraordinary.

      So, pack your bags and set forth on an unforgettable adventure to these best places to visit in Sharjah and Fujairah. Embrace the splendor of nature’s marvels and the richness of cultural heritage that await you. Whether you seek moments of tranquility by the springs of Masafi or wish to explore archaeological treasures dating back thousands of years, Sharjah and Fujairah have it all. Unravel the mysteries of the past, bask in the beauty of the present, and create memories that will last a lifetime. Best places to visit in Sharjah and Fujairah: let your journey of discovery begin!

    4. Ajman Bank Appoints Mustafa Mohammed Saeed Al Khalfawi as New CEO: A Vision for Growth

      Ajman Bank Appoints Mustafa Mohammed Saeed Al Khalfawi as New CEO: A Vision for Growth

      Ajman Bank appoints Mustafa Mohammed Saeed Al Khalfawi as its new CEO, poised to lead the bank towards growth and success. With extensive banking experience and visionary leadership, he aims to shape the bank’s trajectory and provide exceptional financial solutions to customers.

      Introduction

      Ajman Bank has made a significant announcement, introducing Mustafa Mohammed Saeed Al Khalfawi as the new Chief Executive Officer. His appointment, commencing on September 1, 2023, marks a pivotal moment for the bank’s future growth and success. With unwavering confidence in Al Khalfawi’s capabilities, the Chairman of Ajman Bank, Sheikh Ammar bin Humaid Al Nuaimi, foresees a promising era under his leadership. In this article, we delve into Al Khalfawi’s vision for the bank, his extensive experience, and how his strategic approach is set to shape Ajman Bank’s trajectory.

      A Visionary Leader Takes the Helm: Ajman Bank’s New CEO, Al Khalfawi

      With Mustafa Mohammed Saeed Al Khalfawi at the helm, Ajman Bank welcomes a seasoned banker with over two decades of experience in corporate and consumer banking. His track record of success and demonstrated leadership abilities make him an ideal candidate to lead the bank towards a prosperous future.

      Chairman’s Confidence in Al Khalfawi: Appointed as Ajman Bank CEO

      Chairman Sheikh Ammar bin Humaid Al Nuaimi expresses his full confidence in Al Khalfawi’s ability to drive the bank’s growth. The Chairman’s endorsement highlights Al Khalfawi’s extensive industry understanding and exceptional leadership skills, underscoring the promising journey ahead for Ajman Bank.

      Paving the Way for Growth: Al Khalfawi’s Vision for Bank

      Al Khalfawi’s appointment comes at a crucial time, as This financial organization seeks to fortify its position in the UAE’s economy. With a robust business strategy and a dedicated team, the bank’s potential for growth is boundless. Al Khalfawi’s vision and strategic approach are expected to pave the way for a new chapter of success.

      Committed to Excellence and Customer-Centricity: Al Khalfawi’s Leadership at Bank

      With a focus on innovation, operational excellence, and customer-centricity, Al Khalfawi sets ambitious goals for Institution. His proficiency and commitment to tangible results underscore his dedication to providing exceptional Sharia-compliant financial solutions and services.

      Conclusion

      The appointment of Mustafa Mohammed Saeed Al Khalfawi as the new CEO marks a defining moment for this prominent financial institution. With his vast experience, visionary leadership, and commitment to growth, he is poised to lead the bank to new heights. Under his guidance, the organization is well-positioned to deliver outstanding results for stakeholders, investors, and valued customers. As a vital contributor to the UAE’s economy, Ajman Bank is on track to achieve its goals and thrive under Al Khalfawi’s transformative direction.

    5. DP World Tour Championship Schedule – A New Era in Golf

      DP World Tour Championship Schedule – A New Era in Golf

      DP World Tour Championship, a long-standing supporter of the European Tour, has become the official title partner of the competition, marking a significant milestone for the sport. With this unprecedented commitment, DP World aims to elevate the Tour to new heights, foster global growth in golf, and make a positive impact on communities worldwide. Leveraging its expertise, assets, and extensive global network, DP World is dedicated to transforming the Tour into a truly global sporting event.

      The DP World Tour builds upon a successful partnership spanning over a decade, solidifying the UAE’s status as a second home for the Tour and Dubai’s position as a prominent golfing hub. The Tour’s season finale, the DP World Tour Championship, continues to thrive in the Emirate, showcasing the pinnacle of golfing excellence.

      The DP World Tour Schedule

      The DP World Tour features a diverse lineup of tournaments across the globe, providing thrilling competition for golf enthusiasts. Here are some key events from the schedule:

      Nov. 24-27 _ Fortinet Australian PGA Championship (Cameron Smith)

      Nov. 24-27 _ Joburg Open (Dan Bradbury)

      Dec. 1-4 _ Investec South African Open Championship (Thriston Lawrence)

      Dec. 1-4 _ ISPS Handa Australian Open (Adrian Meronk)

      Dec. 8-11 _ Alfred Dunhill Championship (Ockie Strydom)

      Dec. 15-18 _ AfrAsia Bank Mauritius Open (Antoine Rozner)

      Jan. 13-15 _ Hero Cup (Great Britain and Ireland)

      Jan. 19-22 _ Abu Dhabi HSBC Championship (Victor Perez)

      Jan. 26-30 _ Hero Dubai Desert Classic (Rory McIlroy)

      Feb. 2-5 _ Ras Al Khaimah Championship (Daniel Gavins)

      Feb. 9-12 _ Singapore Classic (Ockie Strydom)

      Feb. 16-19 _ Thailand Classic (Thorbjorn Olesen)

      Feb. 23-26 _ Hero Indian Open (Marcel Siem)

      March 9-12 _ Magical Kenya Open (Jorge Campillo)

      March 16-19 _ SDC Championship (Matthew Baldwin)

      March 22-26 _ World Golf Championships-Dell Technologies Match Play (Sam Burns)

      March 23-26 _ Jonsson Workwear Open (Nick Bachem)

      April 6-9 _ Masters Tournament (Jon Rahm)

      April 20-23 _ ISPS HANDA – Championship (Lucas Herbert)

      April 26-30 _ Korea Championship (Pablo Larrazabal)

      May 4-7 _ DS Automobiles Italian Open (Adrian Meronk)

      May 11-14 _ Soudal Open (Simon Forsstrom)

      May 18-21 _ PGA Championship (Brooks Koepka)

      May 25-28 _ KLM Open (Pablo Larrazabal)

      June 1-4 _ Porsche European Open (Tom McKibbin)

      June 8-11 _ Volvo Car Scandinavian Mixed (Dale Whitnell)

      June 15-18 _ U.S. Open (Wyndham Clark)

      June 22-25 _ BMW International Open (Thriston Lawrence)

      June 29-July 2 _ Betfred British Masters (Daniel Hillier)

      July 6-9 _ Made in HimmerLand (Rasmus Hojgaard)

      July 13-16 _ Barbasol Championship (Vincent Norrman)

      July 13-16 _ Genesis Scottish Open (Rory McIlroy)

      July 20-23 _ Barracuda Championship, Truckee, Calif.

      July 20-23 _ The Open Championship, Hoylake, United Kingdom

      Aug. 17-20 _ ISPS Handa World Invitational, Ballymena, United Kingdom

      Aug. 24-27 _ Czech Masters, Prague

      Aug. 31-Sept. 3 _ Omega European Masters, Crans-Montana, Switzerland

      Sept. 7-10 _ Irish Open, Kildare, Ireland

      Sept. 14-17 _ BMW PGA Championship, Virginia Water, United Kingdom

      Sept. 21-24 _ Cazoo Open de France, Guyancourt, France

      Sept. 29-Oct. 1 _ Ryder Cup, Rome

      Oct. 5-8 _ Alfred Dunhill Links Championship, St Andrews, United Kingdom

      Oct. 12-15 _ Open de Espana, Madrid

      Nov. 9-12 _ Nedbank Golf Challenge, Sun City, South Africa

      Nov. 16-19 _ DP World Tour Championship, Dubai, United Arab Emirates

      Disclaimer: The dates and winners mentioned in the article are based on historical events and may not reflect the current or upcoming tournaments. The schedule and results of the DP World Tour Championship are subject to change. For the most accurate and up-to-date information, please refer to official sources and the European Tour’s official website.

    6. A Comprehensive Guide to the 2023 FNC Elections in the UAE

      A Comprehensive Guide to the 2023 FNC Elections in the UAE

      The 2023 UAE Parliament candidacy registration is about to begin, opening doors for new candidates to serve their country and contribute to the vision of its leaders. The Federal National Council (FNC) elections, which commenced in 2006, have always prioritized the representation of Emirati women. In this all-inclusive guide, we will provide you with important details about the upcoming FNC elections in the UAE.

      The upcoming 2023 Federal National Council (FNC) elections in the UAE, emphasize the importance of a fair and transparent process. It covers key aspects such as objections to nominations, voter validation, early voting options, result announcements, and the significance of citizen participation in shaping the future of the UAE.

      FNC Registration Process:

      From August 15 to August 18, prospective candidates can register for the UAE Parliament candidacy. It is crucial for interested individuals to adhere to these dates to ensure their participation in the election process.

      Gender Balance:

      Maintaining gender balance is a key focus in the FNC elections. With 51% of voters being women and 49% being men, equal opportunities are provided to both genders to contribute to the UAE’s future.

      Electoral College Members:

      A significant number of citizens, totaling 398,879, are part of the electoral college for the 2023 FNC elections. Notably, young Emiratis aged 21 to 40 make up 55% of the electoral college, with those between 31 and 40 accounting for 29.89% of the total members. This signifies the active engagement of the younger generation in shaping the nation’s future through their involvement in the electoral process.

      Geographical Distribution:

      To ensure comprehensive representation, the electoral college members are distributed across the emirates. Abu Dhabi has 126,779 members, Dubai has 73,181, Sharjah has 72,946, Ajman has 12,600, Umm Al Quwain has 7,577, Ras Al Khaimah has 62,197, and Fujairah has 43,559. This distribution aims to provide a voice to citizens from diverse regions and address their concerns effectively through elected representatives.

      Objections and Candidate Lists:

      From August 25 to August 28, objections to nominations can be filed, ensuring a fair process of scrutiny and evaluation. This ensures that candidates’ qualifications and eligibility are thoroughly reviewed. The preliminary list of candidates will be announced on August 25, followed by the final list on September 2, allowing voters to familiarize themselves with the candidates and make informed decisions.

      Voting Process and Validation:

      Each voter has the right to cast their vote in person, preventing any unauthorized voting. Validation of voter names using Emirates ID numbers through the National Election Committee website and smart applications ensures an accurate and up-to-date voter list, eliminating errors or discrepancies.

      Voting Dates:

      Early voting will take place on October 4-5 at designated polling stations, with the added option of remote early voting on October 6 for convenience. The main election day is scheduled for October 7 across all polling centers. Preliminary results will be announced on the same day, offering initial insights into the election outcome. Candidates can file appeals from October 8 to October 10, ensuring a fair process and the opportunity to address any concerns or discrepancies. The final list of winners will be announced on October 13, marking the conclusion of the electoral process.

      Conclusion:

      The upcoming 2023 FNC elections in the UAE provide a significant opportunity for new candidates to serve their country and uphold the vision of its leaders. With a focus on gender balance, active youth participation, and comprehensive geographical distribution, the aim is to ensure fair representation and inclusivity. By actively participating in the registration process, validating voter information, and engaging in the election process, citizens can play an active role in shaping the future of the UAE.

      Disclaimer: The information provided in this article about the 2023 FNC elections in the UAE is accurate as of the time of writing. However, please note that electoral processes and conditions may be subject to change or updates by the relevant authorities. It is advisable to refer to official sources and stay informed about any modifications or additional requirements that may arise during the course of the elections.

    7. Eligibility for Golden Visa for University Students

      Eligibility for Golden Visa for University Students

      Are you a university student aspiring to obtain a Golden Visa for long-term residency in the UAE? Find out if you meet the criteria to qualify for this prestigious opportunity. Qualifying for Long-Term Residency in UAE as a University Student.

      For UAE University Students:

      Outstanding university students have the chance to secure a 10-year Golden Visa without a sponsor, provided they meet the following conditions:

      – The university must be rated either A or B class by the Ministry of Education.

      – Submit a recommendation letter from the university or an accredited graduation certificate or academic record indicating a cumulative GPA of 3.5 or above for A class universities, or 3.8 or above for B class universities.

      – It must not be more than two years since you graduated.

      For Outstanding Students of Foreign Universities:

      Exceptional students graduating from foreign universities may also be eligible for a 10-year Golden Visa without a sponsor, provided the following requirements are met:

      1. The university is among the top 100 global universities according to the rating system recognized by the Ministry of Education.

      2. Maintain a cumulative GPA of 3.5 or above.

      3. It must not be more than two years since you graduated.

      4. Ensure the graduation certificate is accredited by the Ministry of Education.

      Dubai: If you have recently graduated from a university outside the UAE and achieved excellent grades, you may qualify for the Golden Visa, granting you a 10-year residency permit without a sponsor. Moreover, you can also apply for a long-term visa for your family under your sponsorship. However, you must fulfill all the criteria set by UAE immigration authorities, including graduating from one of the top 100 universities accredited by the UAE’s Ministry of Education. Here are the comprehensive details:

      Requirements for Outstanding Students from Foreign Universities:

      1. The university must be among the top 100 universities globally, as per the rating system recognized by the UAE’s Ministry of Education. You can find the list of accredited universities on this page: [insert URL].

      2. Maintain a cumulative GPA of 3.5 or higher.

      3. It must not exceed two years since your graduation.

      4. Ensure the graduation certificate is recognized by the Ministry of Education. To accomplish this, you need to apply for a service called “Recognition of University certificates issued from outside the UAE.”

      Required Documents:

      – Valid copy of the passport.

      – Recent passport-sized photo.

      – Copy of the bachelor’s, master’s, or doctoral degree from a university recognized by the Ministry of Education.

      – Transcripts verifying a GPA of 3.5 or above and that no more than two years have passed since graduation.

      What is the UAE’s Golden Visa?

      The UAE’s Golden Visa is a long-term residence visa that allows foreign talents to live, work, or study in the UAE while enjoying exclusive benefits, including:

      – Six-month entry visa with multiple entries to proceed with residence issuance.

      – Long-term, renewable residence visa valid for 5 or 10 years.

      – Freedom from requiring a sponsor.

      – Ability to stay outside the UAE for extended periods beyond the usual six-month limit to maintain the validity of the residence visa.

      – Authorization to sponsor family members, including spouses and children of all ages.

      – Ability to sponsor an unlimited number of domestic helpers.

      – Permission for family members to remain in the UAE until the end of their permit duration, even in the event of the primary Golden Visa holder’s passing.

      Where to Apply for the Golden Visa?

      It is easy to apply for a Golden Visa. You can download the GDRFA-Dubai application via Apple Store or the Play Store online. You will need to register your account as a new user and complete the forms. You must also scan and attach copies of the required forms and pay the service fees. You can then submit your request, and you should hear back relatively quickly to find out whether you have been granted a visa.

      If you are applying for a visa in Dubai, visit the website of the General Directorate of Residency and Foreigners Affairs (GDRFA), Dubai, at gdrfad.gov.ae, or visit an Amer Centre that processes visa applications on behalf of GDRFA-Dubai. For other emirates like Abu Dhabi, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, and Fujairah, apply through ICP’s smart service platforms at icp.gov.ae. You can also apply through registered typing centers in your emirate, but keep in mind that additional service charges may apply if you use an agent at the typing center.

      How much does it cost?

      A ten-year Golden Visa costs AED 2,790 for residency fees and an additional AED 1,070 for ID fees. If you apply for a five-year visa, the residency fees are AED 2,280, and the ID fees are AED 575. These fees must be paid in full when you apply for your visa. However, ADU wants to ensure that everyone can take advantage of studying in one of the world’s most influential and inspiring universities and is offering 100 scholarships to outstanding international students. High school graduates with an average grade of 95 percent and above may qualify for a university scholarship at a rate of up to 50 percent, depending

      Summary:

      This article provides detailed information on the eligibility criteria for students graduating from universities abroad to obtain a Golden Visa in the UAE. It explains the requirements, such as university rankings, GPA, and graduation timeframe, as well as the benefits of this long-term residency permit. Students can determine their eligibility and understand the process of applying for a Golden Visa to study and work in the UAE.

      Disclaimer: Please note that the information provided in this article regarding the eligibility criteria for obtaining a Golden Visa in the UAE is based on the currently available data and guidelines. However, it is important to understand that regulations and conditions regarding visas, including pricing and other requirements, are subject to change. It is highly recommended to consult official government sources or immigration authorities for the most up-to-date and accurate information before making any decisions or taking any actions related to visa applications or residency permits.

       

    8. Record-Breaking Heatwave in UAE: Sweats Observed as Temperatures Drop Below 50 Degrees Celsius for the First Time in 2023

      Record-Breaking Heatwave in UAE: Sweats Observed as Temperatures Drop Below 50 Degrees Celsius for the First Time in 2023

      Abu Dhabi: The National Centre of Meteorology (NCM) has reported that temperatures in the United Arab Emirates (UAE) have reached a scorching 50 degrees Celsius for the first time this year.

      The highest temperature recorded in the country was 50.1 degrees Celsius in Bada Dafas in the Al Dhafra region of Abu Dhabi. This record-breaking temperature was reached on July 15 and July 16, marking two consecutive days of extreme heat.

      The NCM explains that July is known for its high temperatures, as the region and the country are affected by thermal lows, with the most significant being the monsoon low pressure in India. These factors contribute to the sweltering conditions experienced in the UAE.

      On the other end of the spectrum, the lowest temperature recorded during this period was 26.3 degrees Celsius in Al Farfar, located in Fujairah.

      Medical professionals have warned residents to take precautions and protect themselves from the extreme heat. Direct exposure to sunlight should be avoided, and individuals should stay properly hydrated and watch out for signs of dehydration, especially in children.

      To mitigate the health risks associated with working under such extreme conditions, the UAE has implemented a mandatory midday break for workers. This policy, in effect from July 15 to September 15, prohibits individuals from working outside between 12:30 pm and 3 pm, when temperatures are at their peak.

    9. Kuwait Hospital in Sharjah Introduces New Diabetes and Endocrinology Clinic – Enhancing Access to Specialized Care

      Kuwait Hospital in Sharjah Introduces New Diabetes and Endocrinology Clinic – Enhancing Access to Specialized Care

      Kuwait Hospital in Sharjah is proud to announce the unveiling of its new Diabetes and Endocrinology Clinic, further enhancing access to specialized care for patients in the region. The clinic’s establishment aims to address the growing prevalence of diabetes and endocrine disorders while providing comprehensive medical and therapeutic services. With an increasing need for improved preventive measures and tailored patient care, Kuwait Hospital, in collaboration with Emirates Healthcare Services, has taken this significant step to ensure that individuals receive the highest quality treatment and support.

      Dr. Amr Hazem, an expert in endocrinology and diabetes at Kuwait Hospital in Sharjah, emphasized that the clinic will offer comprehensive care for both type 1 and type 2 diabetes. Additionally, the clinic will cater to challenging and unstable cases by providing personalized treatment plans tailored to the specific needs of each patient. Diabetes, a group of conditions that affect the body’s ability to utilize glucose, poses significant health risks. Glucose serves as a critical source of energy for muscles and cells. However, factors such as insulin resistance or insufficient insulin production lead to increased blood sugar levels, which can result in a range of health complications.

      Specialized Endocrine Care In addition to diabetes care, the clinic specializes in the diagnosis and treatment of various endocrine conditions. This includes thyroid problems, reproductive endocrine diseases, pituitary gland disorders, and adrenal gland abnormalities. The clinic also offers hormone replacement therapy as part of its services. With their expertise in endocrinology, the healthcare professionals at the clinic are well-equipped to address the complex needs of patients with these conditions.

      The Diabetes and Endocrinology Clinic at Kuwait Hospital ensures that patients receive the highest standard of medical care. Regular check-ups, diagnostic tests, and personalized treatment plans are conducted to monitor and manage diabetes and endocrine disorders effectively. The clinic’s approach goes beyond managing blood sugar levels; it also focuses on educating patients about self-care, lifestyle modifications, and effective treatment options. This comprehensive approach aims to empower patients and improve their overall well-being.

      Collaborative and Integrated Care Emirates Healthcare Services recognizes the importance of collaboration and integration in providing optimal patient care. The Diabetes and Endocrinology Clinic works closely with other specialties within the hospital, including dietetics, cardiology, and nephrology. This collaboration ensures coordinated and comprehensive care for patients with complex medical needs. The clinic strives to provide holistic and individualized treatment to its patients by bringing together various healthcare disciplines.

      In conclusion, the opening of the Diabetes and Endocrinology Clinic at Kuwait Hospital marks a significant improvement in access to healthcare for individuals in Sharjah and the surrounding regions. By offering comprehensive care for diabetes and specialized treatment for endocrine disorders, the clinic aims to enhance the community’s well-being. With its state-of-the-art facilities, personalized treatment plans, and collaborative approach, the clinic demonstrates Kuwait Hospital’s commitment to providing high-quality and accessible healthcare services.