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 …
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.
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 …
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.
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 …
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.
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.
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 …
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 …
UAE banks pledge $270 bln in green finance at COP28 climate talks
Banks in the United Arab Emirates on Monday pledged to mobilise 1 trillion dirhams, or around $270 billion, in green finance, the chair of the country’s banking federation told the COP28 climate talks …