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Tag: United Arab Emirates

Posted on December 13, 2023

US Sanctions China, Turkey and UAE Firms for Supporting Russia

The US Treasury and State Departments sanctioned more than 250 companies and individuals in China, Turkey and the United Arab Emirates, alleging that their continuing support for Russia has been crucial to sustaining its invasion of Ukraine.
Posted on December 13, 2023

Iraq, UAE agree on financing trade and imports in UAE dirham: Iraq state news

DUBAI – Iraq and the United Arab Emirates have agreed to finance trade and imports in UAE’s dirham currency, Iraq state news agency said on Wednesday. The two countries also agreed to launch financial …
Posted on December 12, 2023

Private intelligence firms say ship was attacked off Yemen as Houthi rebel threats grow

DUBAI, United Arab Emirates — A ship off the coast of Yemen in the Red Sea has been attacked, private intelligence firms said Tuesday.
Posted on December 9, 2023

UAE markets end lower on decline in financial, industrial stocks

Stock exchanges in the United Arab Emirates closed in red on Friday, with industrial and financial stocks taking the biggest hit as investors were cautious ahead of the U.S. Federal Reserve’s meeting …
Posted on December 9, 2023

Climate activists join the pro-Palestinian cause during a rare protest in Dubai

The United Arab Emirates is an autocratic country where speech is typically tightly restricted.
Posted on December 9, 2023

UAE to fund US$272.3b in sustainable finance by 2030 duringCOP 28

Funds will deploy net zero-emission solutions for a sustainable future. The United Arab Emirates, through the Central Bank of the United Arab Emirates (CBUAE), said it is committed to allocating about …
Posted on December 9, 2023

Putin Pledges Closer Russia-Iran Ties After Rare Visit to Gulf

President Vladimir Putin and his Iranian counterpart Ebrahim Raisi vowed to deepen ties on Thursday, a day after the Russian leader made a rare visit to Saudi Arabia and the United Arab Emirates.
Posted on December 9, 2023

Saudi Arabia announces tax breaks for companies moving regional HQs to the kingdom

Crown Prince Mohammed bin Salman, has made serious efforts in recent years to turn the country into a viable alternative to the United Arab Emirates as a regional hub of finance, industry, and trade.
Posted on December 8, 2023

Turkey could host gulf countries in the fintech sector

ISTANBUL – ( ARAB NEWSWIRE) – The recent visits of President Recep Tayyip Erdoğan to the United Arab Emirates (UAE) and Qatar have been seen as a significant step in further developing inter-state …
Posted on December 8, 2023

PM announces $77.8m ‘Recharge Pakistan’ at COP28

DUBAI: In a historic announcement at the COP28 summit in Dubai, United Arab Emirates, the Prime Minister of Pakistan Anwar-ul-Haq Kakar introduced “Recharge Pakistan” — a seven year, $77.8 million …

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