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The Latest Breaking News from UAE

Saudi Arabia’s Hassana to Invest $2.4 Bn in UAE’s DP World

Saudi Arabia’s Hassana Investment Company announced on Wednesday an investment of $2.4 billion in three of DP World’s flagship UAE assets. The investment included stakes in Jebel Ali Port, Jebel Ali Free Zone, and National Industries Park and followed an earlier transaction that successfully closed in June 2022. The three…

Asharq Al-Awsat

UAE Central Bank Sees GDP Growth at 7.6% This Year

The UAE’s central bank expects real gross domestic product growth of 7.6 percent this year from its previous forecast of 6.5 percent, citing stronger performance of non-oil sectors including tourism, hospitality, real estate, transportation, and manufacturing. In quarterly review report for the third quarter of this year, the Central Bank…

Asharq Al-Awsat

Jordan Hosts Baghdad Conference for Cooperation and Partnership on Tuesday

Jordan will host the second session of the Baghdad Conference for Cooperation and Partnership on Tuesday. The event's first session was held in Baghdad in August last year upon the invitation of King Abdullah II, in coordination with French President Emmanuel Macron and Iraqi Prime Minister Mohammed Shia al-Sudani, who…

Asharq Al-Awsat

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GCC’s Total Foreign Merchandise Trade Value Reaches $1.146 Tn

The Gulf Cooperation Council (GCC) total international merchandise trade movement reached $1.146 trillion, compared to $840.7 billion in 2020, an increase of 36.4 percent. The UAE and Saudi Arabia contributed about three-quarters of the volume of foreign merchandise trade, while the total merchandise exports in 2021 amounted to $668.6 billion,…

Asharq Al-Awsat

How the UAE helped the U.S. with Brittney Griner's release

UAE President Mohammed bin Zayed brought up Griner during his meeting with Vladimir Putin in Russia in October.

Axios

India clubbed with hosts South Africa in U-19 Women's T20 World Cup

BENONI: India have been clubbed with hosts South Africa, Scotland and UAE in group D of the inaugural under-19 Women's T20 World Cup scheduled to be held from January 14-29.

The Times of India

Khalifa Port Expansion Project Inaugurated at $1.08 Bln Total Investment

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan inaugurated on Tuesday the Khalifa Port expansion project at a total investment of AED4 billion ($1.08 billion). “The Khalifa Port expansion project is one of the specialized national projects and is considered a significant addition to the country’s ports and…

Asharq Al-Awsat

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The F1 guide to visiting Abu Dhabi

Make the most of a trip to the UAE capital – there’s plenty to see outside the racetrack, finds Jack Rathborn

The Independent UK

Saudi, UAE FMs Discuss Regional, Int’l Developments

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah held talks on Sunday with his United Arab Emirates counterpart Sheikh Abdullah bin Zayed Al Nahyan. They discussed bilateral relations between their countries and ways to bolster them in various fields. They also tackled the latest regional and international developments and…

Asharq Al-Awsat

Italian trapped in UAE embassy pleads with Giorgia Meloni to get him home

Andrea Costantino says he has been in tiny room since release from prison on ‘totally unfounded’ charges of funding terrorism

The Guardian - UK

Iran summons China envoy over islands dispute statement with UAE

Chinese envoy ‘had a visit’ as Tehran expressed ‘strong dissatisfaction’ over China’s joint statement with GCC nations.

Al Jazeera

Japanese company's lander rockets toward moon with UAE rover

A Tokyo company is aiming for the moon with its own private lander

The Independent UK

Japanese Company’s Lander Rockets toward Moon with UAE Rover

A Tokyo company aimed for the moon with its own private lander Sunday, blasting off atop a SpaceX rocket with the United Arab Emirates’ first lunar rover and a toylike robot from Japan that’s designed to roll around up there in the gray dust. It will take nearly five months…

Asharq Al-Awsat

UAE official says European ties with Gulf 'should not be transactional'

A senior United Arab Emirates official said on Saturday it was encouraging to see greater European outreach to Gulf Arab states in the face of the Ukraine conflict and energy crunch, but that engagement should not be "transactional".

Reuters

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Bangkok Post

‘Sandwich maker’ job ad for Emiratis sparks fury

DUBAI: An advertisement inviting Emiratis to apply for a “sandwich maker” job has sparked a storm with citizens decrying purportedly humiliating attempts to provide employment — and authorities launching an investigation.

Asharq Al-Awsat

UAE Issues Decree-Law Imposing a Corporate Tax

The United Arab Emirates has issued a decree-law imposing a corporate tax at a 9 percent rate for taxable business income exceeding 375,000 dirhams ($102,000). The tax will apply to all firms from June. 1 next year. The UAE’s Ministry of Finance confirmed the Federal Decree-Law on Taxation of Corporations…

Tribune News Service

UAE’s diplomatic might grows with Russian release of WNBA star

Among all the countries that have tried to mediate with Russia since it invaded Ukraine earlier this year — from France to South Africa — the United Arab Emirates and its Middle East partners are the ones showing an ability to get things done.

The Independent UK

White House denies Saudi claim MBS negotiated Brittney Griner and Viktor Bout prisoner swap

Saudi Arabia and the UAE sought to take credit for the release of Ms Griner, issuing a joint statement claiming that MBS acted as a mediator between Russia and Moscow

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Asharq Al-Awsat

Dubai Approves Three-year Budget with Expenditure of $55.8 Billion

Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, approved Dubai’s budget for 2023-2025 with a total expenditure of 205 billion dirhams ($55.8 billion). Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council,…

Tribune News Service

WNBA star Brittney Griner freed from Russia in one-for-one swap for arms dealer

President Joe Biden announced that WNBA star Brittney Griner had been released from detention in Russia, celebrating her one-to-one swap for a notorious arms dealer who had been convicted and imprisoned in the United States.

The Independent UK

Saudi’s MBS and UAE led mediation in Brittney Griner’s prisoner swap, Middle Eastern nations claim

Saudi Arabia’ controversial crown prince Mohammed bin Salman, and the president of the UAE, have claimed they led the mediation efforts that led to the release of basketball star Brittney Griner.

Fortune

The best passport in the world is from United Arab Emirates

UAE passports provide greater global mobility than any other country in the world.

Reuters

For Brittney Griner, months as Russian prisoner end on UAE tarmac

After months of painstaking negotiations with Moscow, it became clear to President Joe Biden's administration that it faced a grave choice - to exchange notorious Russian arms dealer Viktor Bout for U.S. basketball star Brittney Griner or else get no American to bring home.

Asharq Al-Awsat

Saudi-UAE Mediation Succeeds in Exchange of Prisoners Between US and Russia

The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) and the Saudi Ministry of Foreign Affairs announced on Thursday the success of the mediation led by UAE President Sheikh Mohamed bin Zayed Al Nahyan, and Saudi Crown Prince Mohammed bin Salman bin Abdulaziz for the release and exchange of…

Reuters

UAE president, Saudi crown prince led mediation to release Griner -joint statement

The United Arab Emirates president and Saudi crown prince led mediation efforts that secured the release of U.S. basketball star Brittney Griner in a prisoner swap with Russia, a joint UAE-Saudi statement said on Thursday.

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