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The Latest Breaking News from United Arab Emirates

Arab Parliament Commends Saudi Support for Yemeni Economy

Arab Parliament Speaker Adel bin Abdulrahman Al-Assoumi has commended Saudi Arabia's announcement of $3 billion in financial aid to help the Yemeni economy. In a statement issued Thursday, Al-Assoumi appreciated the efforts of the Kingdom and the United Arab Emirates, their constructive initiatives and persistent endeavors in Yemen to reach…

Asharq Al-Awsat

U.S. sets up new Mideast naval task force amid strained Gulf ties

The U.S. Navy on Wednesday said it was establishing a new multinational task force that would target arms smuggling in the waters around Yemen, the latest American military response to Houthi attacks on Saudi Arabia and the United Arab Emirates.

Reuters

Nissan: Dynamism of Saudi, UAE Markets a Key Factor for Company’s Regional Growth

Nissan’s Chairperson for the region of Africa, Middle East, India, Europe and Oceania (AMIEO) Guillaume Cartier said the vehicle market in Saudi and the United Arab Emirates will witness growth in the coming period thanks to favorable government policies that attract investments. In an exclusive interview with Asharq Al-Awsat, Cartier…

Asharq Al-Awsat

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Nissan: Dynamism of Saudi, UAE Markets a Key Factor for Company’s Regional Growth

Asharq Al-Awsat

UAE Agtech Right Farm Raises $2.8 Million from Investors

Right Farm, a United Arab Emirates agriculture technology firm, said on Monday it raised $2.8 million from investors including Abu Dhabi state holding company ADQ's venture platform. The company is a business to business digital platform which sources fresh produce from local and international farms for the food and retail…

Asharq Al-Awsat

Guinea's ousted ex-president returns from medical trip

Guinea's former president, Alpha Conde, ousted in a military coup in September, returned to the country on Friday after a trip to the United Arab Emirates for a medical check up, the interim government said.

Reuters

Strengthening the economy: from commitment to realisation

If the recent investment commitments from industrialists made during Chief Minister M.K. Stalin’s visit to the United Arab Emirates could be counted among the first steps towards bolstering the State’s economy, the next step would be a reasonable realisation of these investments

The Hindu

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Japan Pavilion awarded gold as Expo 2020 Dubai closes

DUBAI -- Expo 2020 Dubai closed Thursday in the United Arab Emirates, having attracted about 23 million visitors since opening in October amid the novel coronavirus pandemic.

The Japan News/Yomiuri

Ukraine war casts shadow over Ramadan amid soaring prices

Saudi Arabia and some other Muslim-majority nations, including Egypt and the United Arab Emirates, declared that the holy month of Ramadan when the faithful observe a dawn-to-dusk fast would begin at sunset Friday

The Independent UK

UAE, Israel Finalize Free Trade Deal

Israel and the United Arab Emirates have concluded negotiations for a free trade agreement, Israel's Economy Ministry and the UAE foreign trade minister said on Friday, after formally establishing ties in 2020. The trade agreement includes 95% of traded products, which will be customs free, immediately or gradually, including food,…

Asharq Al-Awsat

Israel, UAE finalise 'milestone' free trade deal

Israel and the United Arab Emirates have concluded negotiations for a free trade agreement, Israel's Economy Ministry and the UAE foreign trade minister said on Friday after formally establishing ties in 2020.

Reuters

Friends of Sudan Group Supports UN-African Initiative to Resolve Sudan’s Crisis

The Friends of Sudan group has reiterated its strong support for the combined efforts of the United Nations Integrated Transition Assistance Mission to Sudan (UNITAMS), the African Union (AU), and the Intergovernmental Authority on Development (IGAD) to facilitate a Sudanese-led political process to restore a civilian-led transition to democracy. The…

Asharq Al-Awsat

Blinken says talks with UAE leader did not focus specifically on energy

U.S. Secretary of State Antony Blinken said on Wednesday he discussed Iran and the war in Ukraine in a meeting with the United Arab Emirates' de facto leader but did not focus specifically on energy.

Reuters

Abdalla on Target as UAE Set up Playoff with Australia

The United Arab Emirates handed South Korea a surprise 1-0 defeat in Dubai on Tuesday to set up a playoff clash with Australia as they kept alive their hopes of a first World Cup appearance in 32 years. Hareb Abdalla's 54th minute goal sealed a third place finish in Group…

Asharq Al-Awsat

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Asharq Al-Awsat

Israeli Defense Minister Meets Jordan’s King Abdullah in Amman

Israeli Defense Minister Benny Gantz met Jordan's King Abdullah in Amman on Tuesday in an apparent joint effort to lower Israeli-Palestinian tensions as the Muslim holy month of Ramadan approaches. Their talks focused on "regional and security challenges", an Israeli statement said. The meeting followed a two-day summit in Israel…

Benzinga

Sanctions On Russia After Ukraine Invasion, Are Likely To Lead To Higher Prices: CNBC

According to an energy expert, consumers will have to be ready for higher prices as Russia continues its war in Ukraine and disruptions to the global energy market persist, writes CNBC. Washington and its allies have imposed sanctions on Russia, including energy exports, which could lead to inflation. “What is the…

Reuters

UAE, Saudi say OPEC+ should not play politics

The energy ministers of Saudia Arabia and the United Arab Emirates, key members of OPEC+, said on Tuesday the producers' group should not engage in politics as pressure mounted on them to take action against Russia over its invasion of Ukraine.

Reuters

U.S.' Blinken to meet UAE leader in Morocco to shore up ties

U.S. Secretary of State Antony Blinken will meet the de facto ruler of the United Arab Emirates in Morocco on Tuesday in a bid to ease disagreements over oil, Iran and the Ukraine crisis.

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Asharq Al-Awsat

UAE Hopeful of 5%-6% Economic Growth in 2022 and Beyond

The United Arab Emirates (UAE) is hoping the economy will grow by 5% to 6% this year as it recovers from the pandemic, and by the same pace over the next few years to help double the economy by 2031, its economy minister said on Wednesday. "The whole world is…

Reuters

In Istanbul and Dubai, Russians pile into property to shelter from sanctions

Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies.

The Independent UK

UAE energy chief doubles down on OPEC alliance with Russia

The United Arab Emirates’ energy minister has doubled down on an oil alliance with Russia that’s helped buoy crude prices to their highest in years as Moscow's war on Ukraine rattles markets and sends energy and commodity prices soaring

Asharq Al-Awsat

Israeli PM Prevents Gantz from Meeting Jordanian King in Ramallah

Israeli Prime Minister Naftali Bennett has barred Defense Minister Benny Gantz from attending a meeting in Ramallah on Monday between Palestinian Authority President Mahmoud Abbas and Jordan’s King Abdullah II so as not to divert attention from the Negev summit, a political source in Tel Aviv said. The foreign ministers…

Asharq Al-Awsat

Oman: Five Workers Killed in Rockslide, Several Missing

Five workers died and several more were missing after a rockslide in a remote part of Oman, emergency authorities said on Sunday, AFP reported. Search and rescue teams were at the scene in Al-Arid in the northern governorate of Al-Dhahirah, Oman's Civil Defense and Ambulance Authority said. "Five people were…

Asharq Al-Awsat

Blinken in Israel for 'Landmark' Arab Talks

US Secretary of State Antony Blinken was in Israel Sunday for a "historic" meeting with Arab countries which have normalized relations with the Jewish state in the US-brokered Abraham Accords. Blinken, who arrived in Tel Aviv Saturday evening, will meet with his counterparts from Israel, Morocco, Egypt, Bahrain and the…

Los Angeles Times

Country Grammer gives Bob Baffert a win in the $12 million Dubai World Cup

No matter what happens, it seems as if it's impossible to keep Bob Baffert out of the spotlight. The Hall of Fame trainer won the second richest race in the world Saturday when Country Grammer drove wide down the stretch to win the $12 million Dubai World Cup at the…

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