UAE, Turkey explore ways to enhance bilateral relations

• UAE President Al Nahyan and Turkish president Erdogan also exchanged views on various regional and international issues of mutual interest.
• The two leaders emphasized the importance of an immediate ceasefire in the Gaza Strip, ensuring the protection of civilians .

Red Sea Global, VAARST join hands for marine ecosystem mapping

• VAARST’s photogrammetry and real-time intelligent data collection system are transforming how underwater ecosystems are mapped and preserved.
• SubSLAM, developed by VAARST, enables precise quantification and identification of corals and underwater objects using advanced 4K sensors.

Iran executes man convicted of spying for Israel: judiciary

• He was also found guilty of "collecting and providing classified information to the Mossad spy service with the aim of disrupting public order."
• Iran has previously announced the arrests of alleged agents working for foreign countries, including Israel, its regional arch-foe

KIPCO sells its stake in GIG

• The purchase price was set at KD two per share, with an adjustment of 54 fils per share to account for the cash distributions GIG made in 2022
• The sale of KIPCO's stake in GIG is seen as a testament to the company's effective strategy of acquiring, expanding, and then timely exiting companies

UAE to strengthen digital infrastructure in Azerbaijan

• Data centers are crucial to a country’s digital infrastructure as they provide a secure space for storing critical data and running applications. 
• Azerbaijan has taken steps towards advancing the digital economy, among else through the centralization of e-services and the digitization of public services

ADNOC to buy stake in Fertiglobe

• Fertiglobe is listed on the ADX and is the world’s largest seaborne exporter of urea and ammonia combined.
• It is also an early mover in sustainable ammonia, with production facilities in Egypt, Algeria and the UAE.

ENEC, CNNC sign MoU

• The two firms will collaborate on identifying potential development and co-investment opportunities for new international nuclear energy plants.
• They will form a Joint Working Group to leverage their strengths in project management, nuclear technology development and implementation.

Iran announces visa exemption for Saudi Arabia, 32 other countries

Saudi Foreign Minister seeks British role in Gaza truce in meeting with Cameron

• Prince Faisal also highlighted the need for creating conditions for the return of stability and the restoration of "a comprehensive and just peace" in Gaza
• They also discussed the developments in the Gaza Strip and the need to ensure that violence does not escalate so as to achieve full protection for civilians

UAE GDP set to double in 2024 from oil and non-oil boost: report

• The UAE has been actively pursuing non-oil sector expansion as part of its economic development plans
• The recent successful sovereign bond sale, which raised US$1.5 billion, has bolstered these efforts