The digital payments business of Saudi Arabia’s Saudi Telecom Company (STC), stc pay, is in talks with Gulf regulators to seek approval to operate in the United Arab Emirates, Kuwait and Bahrain, its …
UAE Allows Full Foreign Ownership of Firms to Boost Economy
The United Arab Emirates abolished the need for companies to have Emirati shareholders, local media reported, in a major shake-up of foreign ownership laws aimed at attracting investment into an …
UAE eases limits on foreign ownership to attract investors
The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies, state-run media reported Monday, in the country’s latest bid to boost its global status and …
UAE loosens rules on foreign ownership of firms to lure investors
The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies, state-run media reported on Monday, in the country’s latest bid to boost its global status and …
UAE coronavirus: Around 1,200 new cases, four new COVID-19 deaths
There were 1,205 new coronavirus cases, 791 recoveries and four virus-related deaths in the United Arab Emirates, the country’s health ministry announced on Sunday. There were 110,952 tests conducted …
Palestine’s Agony
Palestinian peace should be the precondition for normalization of relations with the Jewish state. But the recent diplomatic breakthrough between Israel and the United Arab Emirates and Bahrain …
Senators introduce legislation to block $23.7B arms sale to UAE
A bipartisan group of lawmakers has introduced legislation to block the Trump administration’s effort to expedite the sale of $23.7 billion worth of military equipment to the United Arab Emirates.
Highway-side eatery in UAE feeds hungry one meal at a time
SHARJAH, United Arab Emirates (AP) — At a highway-side restaurant in the industrial outskirts of Dubai, workers methodically assemble packaged takeout meals of biryani rice, dal and …
UAE reaffirms OPEC+ commitment after exit buzz
The United Arab Emirates tried to lower the temperature in a dispute with OPEC+ allies, after the country’s officials privately questioned the benefit of its membership in the oil alliance. After a …
Senators from both parties call for canceling planned $23 billion UAE weapons sale
A bipartisan group of senators on Wednesday unveiled legislation to reject a massive weapons sales to the United Arab Emirates that has been approved by the State Department.