In today's newsletter, Zauya reported yesterday earth zayed charity work, under the direction of President His Highness Sheikh Mohammed bin Zayed Al Nahyan And as part of that UAE Global Hospital Programaims to establish 10 specialty hospitals within 10 years to meet the medical needs of underserved communities and provide access to medical infrastructure.
Also, in other news, Abu Dhabi real estate developer and asset management company Alder properties Completed transaction worth AED 9 billion ($2.4 billion) Syndicated multi-tranche revolving credit system linked to sustainability (RCF).
Finally, new numbers from investment experts henry & partners This is what the UAE has become. 2nd most popular destination for wealthy people The country is considering leaving the UK ahead of tax changes.
Keir Starmer's government has announced changes to the tax system, which will make current non-dam overseas assets subject to tax. UK inheritance tax First time since April. Previously, non-state companies paid an annual fee of £30,000 to HM Revenue and Customs to protect their offshore income and gains.
According to figures compiled by a global analysis firm. new world wealth and investment migration advisor henry & partnersThe exodus of people accelerated after the general election in July, when Starmer's party took over after 14 years of Conservative government. The UK lost a net 10,800 millionaires to immigration last year, an increase of 157% compared to 2023.
Economic advisory company survey oxford economics It found that nearly two-thirds are planning to leave or are considering leaving the UK because of the changes.
of united arab emirates and republic of uganda signed an agreement for a US$20 million financial investment to build an eye hospital in Entebbe City, Uganda. According to sources in Zauya.
According to world health organizationone in six visually impaired people worldwide lives in Africa, and 26 million Africans experience some form of visual impairment. Despite this, only 14% of people who suffer from cataracts receive treatment. Uganda's Ministry of Health estimates that around 400,000 Ugandans are blind and more than 1 million have visual impairments. Remarkably, almost 58% of blindness cases in Uganda are caused by cataracts, a treatable disease.
The agreement was signed on behalf of the UAE by: His Excellency Sultan Mohammed Al ShamsiVice-Chairman of the UAE Aid Authority and representing Uganda; His Excellency Vincent Bagiel WaiswaVice-Minister of Foreign Affairs.
