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The Latest Breaking News from UAE

UAE’s Production Near Maximum Capacity Based on OPEC+ Baseline

The United Arab Emirates' oil production is near to maximum capacity based on its current OPEC+ production baseline, which is 3.168 million barrels per day, Energy Minister Suhail al-Mazrouei told state news agency WAM on Monday. “In light of recent media reports, I would like to clarify that the UAE…

Asharq Al-Awsat

UAE’s Sheikh Mohamed bin Zayed, India’s Modi Discuss Bilateral Ties

UAE President Sheikh Mohamed bin Zayed Al Nahyan held talks with Indian Prime Minister Narendra Modi in Abu Dhabi on Tuesday. They discussed various aspects of bilateral relations, in light of the comprehensive strategic and economic partnership agreements, and means of bolstering them to serve their people and countries’ interests.…

Asharq Al-Awsat

Kerala benefiting from duty-free access to UAE

Exports from State to the Arab nation to touch $700 million this fiscal

The Hindu

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PM Modi arrives in UAE to pay personal condolences on demise of former president

Prime Minister Narendra Modi on Tuesday arrived in Abu Dhabi, UAE on a special visit to pay personal condolences on the passing away of Sheikh Khalifa bin Zayed Al Nahyan, former UAE President and Abu Dhabi Ruler

Dynamite News

PM Modi arrives in UAE to offer condolences on former president Sheikh Khalifa's demise

Sheikh Khalifa bin Zayed Al Nahyan had passed away on May 13

The Hindu

UAE children’s magazine accused of promoting homosexuality with ‘gay issue’

Emirati authorities have launched probe against comic that depicted multi-coloured character

The Independent UK

Will continue to do what is best in interest of own energy security: India

At the G7 summit, the Prime Minister mentioned that energy security has become a very challenging issue in the wake of the Russia-Ukraine conflict, says Foreign Secretary Vinay Mohan Kwatra

The Hindu

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PM visits Australian troops in UAE

Prime Minister Anthony Albanese has warned Australia's 'order' must be defended against aggressive nations, during a visit to defence force personnel in Dubai.

AAP

UAE to Double National Economy to $816 Billion by 2030

The Ministry of Economy has announced that the UAE will soon sign comprehensive economic partnership agreements (CEPA) with several countries. It will also sign trade preference agreements with the member countries of the Organization of Islamic Cooperation in early 2023. The ministry said that the new partnership agreements aim to…

Asharq Al-Awsat

UAE's Dana Gas's Iraq facilities targeted by 3rd missile strike in a week - sources

A missile attack on Saturday targeted facilities owned by UAE energy firm Dana Gas in Iraq's Sulaimaniya province, three sources said.

Reuters

No damage or casualties after attack near Dana Gas site in Iraq- source

A mortar shell landed on a grass field next to a gas site in Khor Mor, Iraq operated by UAE energy firm Dana Gas on Friday, a source with knowledge of the matter told Reuters on Saturday, causing no casualties or damage.

Reuters

Ludhiana: Invest in Sharjah airport free zone, bizmen urged

LUDHIANA: The Associated Chamber of Commerce and Industries of India (ASSOCHAM) with support of Chamber of Industrial and Commercial Undertakings (CICU), Knitwear and Textile Club organised a special event for Ludhiana industrialists about the business opportunities available through Sharjah Airport International Free (SAIF) Zone. Raed Al Bukhatir, director of SAIF…

The Times of India

Rocket Attack Targets Dana Gas Site in Iraq

A Katyusha rocket targeted employee housing of UAE energy firm Dana Gas in Sulaymaniyah in northern Iraq on Friday, landing in the company's Khor Mor gas field, two security sources said. Friday's attack was the second on Dana Gas facilities this week. A Katyusha rocket landed inside Khor Mor on…

Asharq Al-Awsat

Gulf countries understand India’s position on Prophet controversy: Foreign Secretary Kwatra

‘Indian purchase of Russian energy is appreciated by the world’

The Hindu

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Reuters

Sanctioned Russian's superyacht docked in Dubai

A luxurious superyacht belonging to a sanctioned Russian billionaire parliamentarian featuring six suites, an elevator, its own beach club and a helicopter pad is anchored in Dubai where Russians have sheltered wealth since the invasion of Ukraine.

Asharq Al-Awsat

UAE’s TAQA Lists Bonds Worth $8.25 Billion on ADX

Abu Dhabi National Energy Company (TAQA) has made a secondary listing of nine bonds valued at $8.25 billion on Abu Dhabi Securities Exchange (ADX). The bonds, which will mature between 2023 and 2051, range in size from $500 million to $1.25 billion and have issuance tenors ranging from seven years…

Asharq Al-Awsat

UAE President, Jordan's King Discuss Cooperation, Joint Work

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan held talks with Jordan's King Abdullah II in Abu Dhabi on Thursday. Talks focused on brotherly relations and the means of bolstering cooperation and joint action in various fields, reported the UAE state news agency (WAM). Sheikh Mohamed wished Jordan…

The Independent UK

Sanctioned Russian oligarch yacht in Dubai as pressure grows

A sleek $156 million superyacht belonging to a sanctioned Russian oligarch and parliamentarian is now docked in Dubai, the latest reminder of how the skyscraper-studded sheikhdom has become a haven for Russian money amid Moscow’s war on Ukraine

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Dynamite News

PM Modi to visit Germany for G7 summit on 26 June; will also travel UAE

Prime Minister Narendra Modi will be visiting Schloss Elmau, Germany for the G7 Summit on June 26-27 and will also travel to UAE while coming back to India. Read full schedule on Dynamite News:

Asharq Al-Awsat

UAE Boosts ‘Self-Sufficiency’ Through Industrial Localization

UAE's Minister of Industry and Advanced Technology Sultan al-Jaber said that the COVID-19 pandemic and recent geopolitical challenges disrupted supply chains and affected the global economy, "an experience from which we extracted many lessons." The Minister explained that one of the most important lessons is that "regardless of global economic…

The Conversation

What it'll take for the Guptas to face corruption charges in South Africa

Now that Rajesh and Atul Gupta have been arrested in the United Arab Emirates (UAE), there is a great deal of speculation as to when the brothers may ultimately set foot on South African soil to face charges of money laundering and other financial crimes.

Reuters

Exclusive-UAE to build Red Sea port in Sudan in $6 billion investment package

The United Arab Emirates will build a new Red Sea port in Sudan as part of a $6 billion investment package, DAL group chairman Osama Daoud Abdellatif, a partner in the deal, told Reuters.

Asharq Al-Awsat

UAE Close to Operating 75% of Peaceful Nuclear Project

The UAE is preparing to reach 75 percent of operating its peaceful nuclear project. Emirates Nuclear Energy Corporation (ENEC) has announced that Nawah Energy Company has begun the process of loading fuel assemblies into the reactor of the Barakah plant following the granting of operating license by Federal Authority for…

Asharq Al-Awsat

UAE to Hold Second Auction of Dirham T-Bonds Worth $408Mln

The UAE Finance Ministry said Saturday that a second auction of federal treasury bonds (T-Bonds) would be held on June 20. The auction size will be AED1.5 billion ($408 million) distributed over two tranches: a two-year tranche valued at AED 750 million and a three-year tranche valued at AED750 million…

Reuters

Iran responds to UAE concerns over Tehran's nuclear plans

Iran on Saturday told the United Arab Emirates that Tehran gave a high priority to improving ties with its neighbours, Iranian state media reported, a day after the UAE voiced concern over Tehran's nuclear programme.

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