The Latest Breaking News from United Arab Emirates

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 · Apr 2, 2022

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 · Apr 1, 2022

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 · Apr 1, 2022

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…

Asharq Al-Awsat · Mar 29, 2022

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…

Benzinga · Mar 29, 2022

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 · Mar 29, 2022

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.

Reuters · Mar 29, 2022

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…

Asharq Al-Awsat · Mar 28, 2022

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.

Reuters · Mar 28, 2022

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

The Independent UK · Mar 28, 2022