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The Latest Breaking News from United Arab Emirates

UAE, Turkey Accelerate Arrangements to Sign Comprehensive Economic Partnership Agreement

The United Arab Emirates and Turkey have taken steps to accelerate the arrangements for finalizing the Comprehensive Economic Partnership Agreement (CEPA), which will be signed soon. Officials from both countries have held discussions to foster business and investment partnerships between the business communities of the two countries. UAE Trade Minister…

Asharq Al-Awsat

Dubai fire forces evacuation of luxury hotel; no injuries

A large fire has erupted at a luxury Dubai hotel, forcing guests and staff to leave and sending smoke over the United Arab Emirates’ tourism and trade hub

The Independent UK

Abu Dhabi Licenses Kraken to Operate Crypto Exchange

Abu Dhabi Global Market (ADGM) said on Monday it has licensed the Kraken group to operate a regulated virtual asset exchange platform in the financial free zone. Kraken is the first global virtual assets exchange group in the United Arab Emirates to receive a full financial license from the ADGM,…

Asharq Al-Awsat

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Daniel Kinahan and relatives could be extradited back from Dubai

According to Fine Gael’s Seanad spokesperson for justice Senator Barry Ward, the Department of Justice is likely to write to counterparts in the United Arab Emirates requesting that the cartel bosses be sent back to face charges in Ireland.

Dublin Live

Mob boss Daniel Kinahan 'running out of road' in race to escape Dubai

Kinahan and other leaders of his cartel were hit with massive sanctions by the United Arab Emirates yesterday

Dublin Live

Government hails 'tightening net' closing in on the Kinahan cartel

The move by officials in the United Arab Emirates follows the imposition of US sanctions against the cartel two weeks ago and has left the Kinahans even more isolated

Dublin Live

UAE freezes assets of Kinahan drug trafficking gang - FT

The United Arab Emirates has frozen the assets of Ireland's Kinahan drug trafficking gang, the Financial Times reported on Thursday.

Reuters

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Kinahan gang has assets frozen by United Arab Emirates

The Irish Justice Minister said that the ‘net is tightening’ on the gang.

The Independent UK

SoftBank Robotics Invests In Hong Kong Startup Avalon SteriTech: Bloomberg

SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) robotics arm has agreed to buy a minority stake in cleaning technology startup Avalon SteriTech Ltd, Bloomberg reports. SoftBank Robotics looks to acquire a 5% stake in the Hong Kong-based company. The financial terms of the deal remain undisclosed. The investment marks SoftBank's Hong Kong debut. The…

Benzinga

UAE summons Israeli ambassador to protest against clashes in Al-Aqsa Mosque

The United Arab Emirates has summoned the Israeli ambassador to protest against clashes at Jerusalem's Al-Aqsa mosque, the Gulf state's Foreign Ministry said on Tuesday.

Reuters

Dubai-based NGO offers AAP govt to facilitate FDI into Punjab

AMRITSAR: A Dubai-based industrialist has offered the Punjab govt for facilitating foreign direct investment (FDI) into the state especially from the United Arab Emirates (UAE) to set up industries and create job opportunities for the Punjabi youth who spend lakhs of rupees and often fall prey to the dubious agents…

The Times of India

Watchdog warns Boris Johnson of suspected spyware attack on No 10

An operator of the powerful Pegasus spyware linked to the United Arab Emirates is suspected of being behind the infection.

The Independent UK

Powerful ‘Trojan horse’ spyware found on Downing Street phone, security researchers say

The so-called ‘Pegasus’ attack is believed to have originated from the United Arab Emirates

The Independent UK

Arab Parliament Commends Saudi Support for Yemeni Economy

Arab Parliament Speaker Adel bin Abdulrahman Al-Assoumi has commended Saudi Arabia's announcement of $3 billion in financial aid to help the Yemeni economy. In a statement issued Thursday, Al-Assoumi appreciated the efforts of the Kingdom and the United Arab Emirates, their constructive initiatives and persistent endeavors in Yemen to reach…

Asharq Al-Awsat

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Reuters

U.S. sets up new Mideast naval task force amid strained Gulf ties

The U.S. Navy on Wednesday said it was establishing a new multinational task force that would target arms smuggling in the waters around Yemen, the latest American military response to Houthi attacks on Saudi Arabia and the United Arab Emirates.

Asharq Al-Awsat

Nissan: Dynamism of Saudi, UAE Markets a Key Factor for Company’s Regional Growth

Nissan’s Chairperson for the region of Africa, Middle East, India, Europe and Oceania (AMIEO) Guillaume Cartier said the vehicle market in Saudi and the United Arab Emirates will witness growth in the coming period thanks to favorable government policies that attract investments. In an exclusive interview with Asharq Al-Awsat, Cartier…

Asharq Al-Awsat

Nissan: Dynamism of Saudi, UAE Markets a Key Factor for Company’s Regional Growth

Asharq Al-Awsat

UAE Agtech Right Farm Raises $2.8 Million from Investors

Right Farm, a United Arab Emirates agriculture technology firm, said on Monday it raised $2.8 million from investors including Abu Dhabi state holding company ADQ's venture platform. The company is a business to business digital platform which sources fresh produce from local and international farms for the food and retail…

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Reuters

Guinea's ousted ex-president returns from medical trip

Guinea's former president, Alpha Conde, ousted in a military coup in September, returned to the country on Friday after a trip to the United Arab Emirates for a medical check up, the interim government said.

The Hindu

Strengthening the economy: from commitment to realisation

If the recent investment commitments from industrialists made during Chief Minister M.K. Stalin’s visit to the United Arab Emirates could be counted among the first steps towards bolstering the State’s economy, the next step would be a reasonable realisation of these investments

The Japan News/Yomiuri

Japan Pavilion awarded gold as Expo 2020 Dubai closes

DUBAI -- Expo 2020 Dubai closed Thursday in the United Arab Emirates, having attracted about 23 million visitors since opening in October amid the novel coronavirus pandemic.

The Independent UK

Ukraine war casts shadow over Ramadan amid soaring prices

Saudi Arabia and some other Muslim-majority nations, including Egypt and the United Arab Emirates, declared that the holy month of Ramadan when the faithful observe a dawn-to-dusk fast would begin at sunset Friday

Asharq Al-Awsat

UAE, Israel Finalize Free Trade Deal

Israel and the United Arab Emirates have concluded negotiations for a free trade agreement, Israel's Economy Ministry and the UAE foreign trade minister said on Friday, after formally establishing ties in 2020. The trade agreement includes 95% of traded products, which will be customs free, immediately or gradually, including food,…

Reuters

Israel, UAE finalise 'milestone' free trade deal

Israel and the United Arab Emirates have concluded negotiations for a free trade agreement, Israel's Economy Ministry and the UAE foreign trade minister said on Friday after formally establishing ties in 2020.

Asharq Al-Awsat

Friends of Sudan Group Supports UN-African Initiative to Resolve Sudan’s Crisis

The Friends of Sudan group has reiterated its strong support for the combined efforts of the United Nations Integrated Transition Assistance Mission to Sudan (UNITAMS), the African Union (AU), and the Intergovernmental Authority on Development (IGAD) to facilitate a Sudanese-led political process to restore a civilian-led transition to democracy. The…

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