DUBAI, United Arab Emirates (AP) — Two oil-rich Arab Gulf states suffered severe economic blows on Wednesday, as a major credit agency downgraded Kuwait for the first time and the United …
Container giant Maersk to ship cargo between UAE and Israel
Danish shipping giant Maersk MAERSKb.CO said it will now transport ocean cargo between the United Arab Emirates and Israe, a further sign of business o …
Reports: Kuwait and the UAE in economic pain amid pandemic
DUBAI, United Arab Emirates (AP) — Two oil-rich Arab Gulf states suffered severe economic blows on Wednesday, as a major credit agency downgraded Kuwait for the first time and the United …
Container giant Maersk to ship cargo between UAE and Israel
Danish shipping giant Maersk MAERSKb.CO said it will now transport ocean cargo between the United Arab Emirates and Israe, a further sign of business o …
Israel’s peace deals with UAE and Bahrain shape a new Middle East
The recently announced peace agreement between Israel and its neighbors — the United Arab Emirates and Bahrain — is a watershed moment in the history of the Middle East, allowing for the most …
The Latest: United Arab Emirates sees spike in virus cases
The United Arab Emirates has recorded 1,083 new coronavirus infections, marking a four-month peak after schools and businesses reopened across the country …
UAE Central Bank Forecasts Deeper Economic Contraction This Year
The economy of the United Arab Emirates will suffer a deeper contraction this year than first estimated, dragged down by disruptions caused by the coronavirus pandemic, according to the country’s …
First direct commercial flight from Israel lands in Bahrain
The first known direct commercial flight between Israel and Bahrain landed Wednesday in the island kingdom, just a week after it signed a deal alongside the United Arab Emirates to normalize relations …
How the UAE emerged as a regional powerhouse
2020 has been quite a year for the United Arab Emirates – the small but super-rich and mega-ambitious Gulf nation.It has sent a mission to Mars; struck a historic peace deal with Israel; and managed …
It’s Time For Palestinians to Make Their Own Peace Plan
Palestinians are understandably furious at the United Arab Emirates and Bahrain for agreeing to normalize diplomatic relations with Israel, but it leaves them with no choice but to formulate their own …