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The Latest Breaking News from UAE

India, UAE Sign Deal to Boost Trade to $100Bln by 2027

India and the United Arab Emirates on Friday signed an agreement aimed at boosting bilateral trade to $100 billion from the current $60 billion over the next five years, an Indian foreign ministry statement said. The accord signed by India’s Commerce and Industry Minister Piyush Goyal and UAE Economy Minister…

Asharq Al-Awsat

India, UAE sign comprehensive trade pact

The agreement will herald a new age in India-UAE finacial ties, says PM Modi

The Hindu

UAE Cabinet Approves Trading Shares of Cooperatives on Financial Markets

The United Arab Emirates approved on Thursday a decision allowing cooperative associations to list shares on the local financial markets, state news agency (WAM) reported. Headed by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the cabinet approved a decision on the trading of…

Asharq Al-Awsat

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FTA boost: All you need to know about India-UAE trade deal

NEW DELHI: India and the United Arab Emirates (UAE) will sign the first ever bilateral free trade agreement ( FTA) between the two countries during a virtual summit today.

The Times of India

Morning Digest | Singapore PM’s speech uncalled for, says India; India, UAE to sign trade pact, and more

A select list of stories to read before you start your day

The Hindu

Biden's Hidden War Is Destroying Yemen

Under Obama, Trump, and now Biden, U.S. arms deals with Saudi Arabia have perpetuated a humanitarian crisis.

Reason

Etching a trade line to bond beyond oil

An India-UAE free trade agreement will enable two-way investment flows and help achieve ambitious export targets

The Hindu

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India, UAE to sign trade pact on February 18

Virtual summit to be conducted on economic ties

The Hindu

ADNOC Reveals Framework Agreement Awards Valued at $1.94b to Expand Drilling Activity

The Abu Dhabi National Oil Company (ADNOC) announced Thursday a framework agreement awards valued at $1.94 billion to enable drilling growth. The awards will support ADNOC's strategy to boost crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 and drive gas self-sufficiency for the UAE. Minister…

Asharq Al-Awsat

Turkey’s Foreign Minister Tests Positive for COVID-19

Turkey’s foreign minister announced Wednesday that he tested positive for the coronavirus. Mevlut Cavusoglu, 54, said on Twitter that his symptoms were mild and that he planned to continue to work from home. The announcement came a day after Cavusoglu returned from the United Arab Emirates, where he had accompanied…

Asharq Al-Awsat

Canna-Biotech Co. Grapefruit USA Signs Term Sheet With Dubai-Based Lender To Build GPFT 'Mothership'

California-based canna-biotech company Grapefruit USA, Inc. (OTCQB: GPFT) has executed a term sheet with the Al Habtoor Group, located in Dubai, UAE, to finance development of its 2-acre lot in the Coachillin’ Canna-Business Park in Desert Hot Springs, California, loca

Benzinga

Andhra Pradesh government ties up with UAE’s national cooling company Tabreed

A. P. Minister for Industries Mekapati Goutham Reddy, special chief secretary (industries and commerce) R. Karikal Valaven, A. P. government’s special representative in the Middle and Far East, Zulfi Ravdjee and other dignitaries were present

The Hindu

UN Envoy Warns of Danger of Houthi Attacks on UAE, Saudi Arabia

UN Special Envoy for Yemen Hans Grundberg revealed on Tuesday his plans for developing a framework for moving towards an inclusive political settlement to the conflict, including the establishment of a multi-track process. Through this process, the warring sides’ interests can be addressed within the context of a broader Yemeni…

Asharq Al-Awsat

UAE Vice President Meets Erdogan, Opening New Horizons for Economic Relations

UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum has met with Turkish President Recep Tayyip Erdogan at Expo 2020 Dubai. Sheikh Mohammed said that Erdogan’s visit establishes a new phase of cooperation and strategic partnership between the UAE and Turkey. The Dubai ruler added in a…

Asharq Al-Awsat

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The Hindu

Jaleel to return Koran copies

K.T. Jaleel, MLA, has decided to return the nearly 1,000 copies of Koran, which according to him, was provided by the UAE Consulate two years ago, for distribution in the State.

The Independent UK

Turkey's flag flies high as Erdogan's Dubai trip marks reset

Turkey's red flag is illuminating major buildings in the United Arab Emirates and flew high in a ceremony in Dubai

Asharq Al-Awsat

F&B Trade in UAE Exceeds $20 Billion in First Nine Months of 2021

Food and beverage trade in the UAE increased steadily to reach over $20 billion in the first nine months of 2021,state news agency WAM reported. The growth was supported by increasing demand and expanded efforts to enhance food security and diversify food imports, according to a new analysis from Dubai…

Reuters

Turkey's Erdogan touts investment potential on landmark UAE visit

Turkish President Tayyip Erdogan touted his country's investment advantages to business people in the United Arab Emirates on Tuesday, after a flurry of economic agreements between the two countries seeking to end a period of animosity.

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Asharq Al-Awsat

Turkish President Visits UAE, Discusses Regional Issues with Abu Dhabi Crown Prince

Turkish President Recep Tayyip Erdogan and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan held talks on Monday on the prospects of boosting bilateral relations and advancing cooperation. The two leaders addressed joint work between their two nations in various fields including the latest regional and international issues.…

The Times of India

United Arab Emirates-India airfares dip below domestic rates

PUNE: The current return fares of flights to different Indian cities from the United Arab Emirates (UAE), considered to be amongst the most popular destinations from Pune as well, are extremely low, even as India relaxes international travel norms from Monday onwards.

Reuters

Turkey's Erdogan visits the UAE for first time in a decade

Turkey's President Tayyip Erdogan arrived in the United Arab Emirates on Monday, state media said, on the first such visit since 2013 as the two countries mend ties strained by years of animosity in a pivot toward economic partnership.

The Independent UK

Turkey’s President Erdogan visits UAE as relations thaw after icy decade

Recep Erdogan’s trip to Abu Dhabi shows relations are improving despite tensions after Arab Spring

Football London

FIFA face problems over £18.5bn plan as Man City absence adds to Chelsea's unusual week

The Gulf was an unfamiliar destination for Thomas Tuchel's team but big clubs should get used to visiting more frequently as the game's power shifts inexorably towards the oil rich region

Daily Mirror

Chelsea boss Thomas Tuchel details Roman Abramovich conversation after Club World Cup win

Chelsea owner Roman Abramovich was seen talking to Thomas Tuchel after the Premier League side's Club World Cup victory against Palmeiras on Saturday in Abu Dhabi, UAE

Asharq Al-Awsat

UAE, Indonesia Say Trade Deal Could Be Signed Next Month

The United Arab Emirates and Indonesia are close to finalizing a trade and investment deal after months of negotiations and could sign an agreement in March, officials from the two sides said. The UAE and Indonesia last September entered into talks for a Comprehensive Economic Partnership Agreement (CEPA) meant to…

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