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Tag: United Arab Emirates

Posted on February 23, 2024

UAE dropped from financial crime watch list in win for nation

The United Arab Emirates, home to the financial hub of Dubai, has been dropped from a global watchdog’s list of countries at risk of illicit money flows, a win for the nation that could bolster its …

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Posted on February 23, 2024

US Places Export Restrictions on 93 Entities From Russia, China, UAE, Turkey, Others

WASHINGTON (Reuters) – The Biden administration has imposed new trade restrictions on 93 entities from Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India and South Korea for supporting …
Posted on February 22, 2024

Inside Dubai’s New One&Only Resort, Launched with Performances by Jennifer Lopez and Mark Ronson

Mark Ronson and Jennifer Lopez perform at the One&Only One Za’abeel grand opening party at Sphere on Feb. 10, 2024 in Dubai, United Arab Emirates … this resort offers pursuits geared toward to the …
Posted on February 22, 2024

UAE banks limit business with Russia and begin closing accounts of Russian clients

Banks in the United Arab Emirates (UAE) have restricted their dealings with Russia and started closing both personal and business accounts due to the risk of coming under secondary sanctions. Source: …
Posted on February 21, 2024

Attacks on ships and US drones show Yemen’s Houthis can still fight despite US-led airstrikes

DUBAI, United Arab Emirates — Despite a month of U.S.-led airstrikes, Yemen’s Iran-backed Houthi rebels remain capable of launching significant attacks. This week, they seriously damaged a ship in a …
Posted on February 20, 2024

Ship attacks and downing US drones. Yemen’s Houthis still put up a fight despite US-led airstrikes

DUBAI, United Arab Emirates (AP) — Despite a month of U.S.-led airstrikes, Yemen’s Iran-backed Houthi rebels remain capable of launching significant …
Posted on February 20, 2024

Crew abandon ship in most damaging strike yet by Yemen’s Houthis

The attack on the Rubymar, which was carrying cargo from the United Arab Emirates to Bulgaria, underlines the Houthis’ continuing threat to ships traversing the Red Sea despite a recent lull in …
Posted on February 18, 2024

WeGO’s new offices in UAE, Kazakhstan, Ecuador to share Korea’s smart city technologies

The World Smart Sustainable Cities Organization (WeGO) has opened three new regional offices in Abu Dhabi of the United Arab Emirates, Almaty of Kazakhstan and Cuenca of Ecuador to propel global smart …
Posted on February 17, 2024

Iran exports commodities worth $5.2b to UAE in 10 months

On September 10, 2023, the Financial Times reported that trade between Iran and the United Arab Emirates has increased significantly as Abu Dhabi eased restrictions on business activity between the …
Posted on February 16, 2024

Guinea set to raise $4bln from UAE for development projects

DUBAI: Guinea is on track to raise around $4 billion in the United Arab Emirates this week to finance development projects in the West African state, a government minister said.

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