The US president could not dispel the view that the Washington is no longer a reliable ally and he also failed to connect at a personal level with the young GCC leaders, say experts.

In a joint statement, French President Emmanuel Macron and UAE President Sheikh Mohamed bin Zayed Al Nahyan who visited France on July 18 and 19 expressed deep concern regarding war in Ukraine, its terrible impact on civilians, the humanitarian situation, and its effects on commodity markets worldwide.

Dubai issued 45,653 new business licenses in the first half (H1) of 2022, registering a growth of 25 percent compared to the same period last year. The numbers reaffirm the success of the government's innovative new strategic approaches and policy amendments that have revitalized the economy.

In 2021, the number of French tourists visiting the UAE rose to 311,570, an increase of 59 percent, compared to 2020.

A deal between French energy giant Total Energies and UAE's ADNOC remain the prime focus even as the two countries sign about a dozen bilateral agreements and MoUs.

Only the GCC countries score high on the Index that measures women’s inclusion, justice and security in 170 countries. UAE was the highest ranked country in the MENA region.

UAE's Ministry of Human Resources and Emiratization (MoHRE) has honored 16 companies that achieved over triple their Emiratization ratios in two months only – June and July 2022.

The non-oil trade between the UAE and France increased by 8 percent from 2012 to 2021, from AED23.2 billion ($6.3 billion) in 2012 to over AED25.2 billion in 2021, according to data from Federal Competitiveness and Statistics Centre, which showed a growth of 28 percent in trade exchange over the...

Dubai Financial Market (DFM) Monday welcomed the listing of Union Coop’s shares, becoming the first cooperative society in the UAE to take this step. The move is in line with the UAE Government’s decision pertaining to the trading of cooperative societies' shares on financial markets, which aims to strengthen the...

Dubai Electricity and Water Authority (DEWA) commissioned a new 400/132 kV substation in Al Qusais Industrial Area 5, and 10 new 132/11 kV substations in different areas in Dubai, during the first half of 2022.

Sheikh Mohamed's visit is expected to conclude with 'the announcement of guarantees given by the UAE on quantities of hydrocarbon supplies to France,' says Macron's office.

The past years witnessed the signing of dozens of agreements and memoranda of understanding between the two countries in various economic, cultural, military and environmental fields, the latest of which was 13 agreements signed during the visit of the French President to the UAE last December.

An agreement between Dubai Land Department and Emirates NBD eliminates the need for manually managing postdated cheques submitted to landlords.

UAE Space Agency on Sunday announced a new AED3 billion ($816 million) national investment and development fund for the space sector, The National Space Fund. The Fund will support ground breaking new programmes launched to support international and Emirati companies co-operating in leading edge space sector engineering, sciences and research...

In a joint statement following the summit -- attended the GCC member states, Jordan, Egypt, Iraq and the US -- the leaders also vowed to enhance regional cooperation and integration, and build joint projects to achieve sustainable development and collectively address the climate challenges.

Agritech, proptech and fintech sectors remain popular among investors as the region's startups raise nearly 76% of their capital with UAE-based firms leading from the front.

The UAE delegation to the 2022 High-Level Political Forum on Sustainable Development (HLPF) at the United Nations (UN) Headquarters in New York, presented the second edition of the UAE’s National Voluntary Review Report.

US President Joe Biden on Saturday invited his UAE counterpart, Sheikh Mohamed bin Zayed Al-Nahyan, to visit the United States this year.

US President Joe Biden told Arab leaders on Saturday that Washington would remain fully engaged in the Middle East and would not cede influence to other world powers. "We will not walk away and leave a vacuum to be filled by China, Russia or Iran," Biden said during the Jeddah...

The Environment Agency - Abu Dhabi (EAD) launched the 'Green Industries' environmental labeling program. The program is based on best international practices in the field of eco-labeling.

Vice President and Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler of Dubai, has appointed Sheikh Ahmed bin Saeed Al Maktoum as Chairman of Expo City Dubai Authority.

EDB credit facility will extend to both capital investment and expenditures.

A UAE delegation led by Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber has concluded a two-day visit to Türkiye that took place from July 13-14 aimed at enhancing cooperation and exploring new areas for future collaboration.

US President Joe Biden held joint investment talks Thursday with Israel, India and the United Arab Emirates, as Washington seeks to counter the global reach of China. The multilateral summit was convened in Jerusalem where Biden is on his first Middle East tour as president, with leaders from India and...

Abu Dhabi Fund for Development and the Abu Dhabi Exports Office signed two loan agreements with the Electricity and Water Authority in Bahrain to finance a water supply network project.

Spain exported a total of 22,827 tonnes of fruit and 17,753 tons of vegetables to the UAE last year.

The UAE will continue to strengthen cooperation and enable positive, respectful dialogue between countries to achieve stability and prosperity for all, says the country's President.

Confidence in the positive short-term economic outlook increased despite the current decline in the Purchasing Managers' Index, the MOMR noted.

The Gulf countries have taken several measures to increase the local employment, especially in UAE and Saudi Arabia. This week's TRENDS Infographic looks at job situation in the region.

Dubai will host the first edition of the World Corporate Summit which will discuss sports and multi-sectoral business growth as core pillars. WCS will be held from November 21 to December 16 and will be attended by decision-makers from multinational corporations, UAE-based firms and government institutions.

The International Committee of the Red Cross (ICRC) has set up an office in Abu Dhabi in order to 'strengthen bilateral cooperation and partnership.'

SirajPower will develop a fully financed 2 MVA solar-diesel-battery.

Minister of Economy and Chairman of the UAE International Investors Council Abdullah bin Touq Al Marri said, in a meeting, the council has set up a platform to protect and support the interests of Emirati companies and investments abroad. The meeting also discussed the advantages of CEPA signed with India,...

The Abu Dhabi Chamber of Commerce and Industry has organized an awareness session on increasing Emiratization rates in the private sector. It has been organized in cooperation with the Ministry of Human Resources and Emiratization, the Abu Dhabi Department of Economic Development and the Emirati Talent Competitiveness Council.

A United Arab Emirates court has commuted the death sentence of an Israeli woman convicted of drug possession to life in prison. She was sentenced to death in April for possession of 50 grams of cocaine and half a kilogram of marijuana.

Since February this year, the Gulf country has inked Comprehensive Economic Partnership Agreements with India, Indonesia and Israel. Trade deal with Colombia is also imminent.

UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan takes part in the G20 Foreign Ministers’ meeting held in Bali, Indonesia, on July 7-8. Such meetings help in promoting international cooperation to achieve sustainable development goals.

Common Reporting Standards is a global methodology for the automatic exchange of financial accounts and tax-related information with other financial regulatory organizations across the world through secure channels.

The UAE will encourage some 300 global technology firms and software developers to set up base in the country under the newly launched "NextGenFDI."

UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri held a meeting with the heads of fishermen's associations and a group of fishermen to discuss the challenges and opportunities related to the fisheries sector

UAE will announce 3,000 beneficiaries of housing loans during 2022, taking 500 housing decisions per month that will announce the names of the beneficiaries of the first installment of the new housing policy. The new policy includes 500 decisions worth AED400 million, according to Suhail bin Mohammed Al Mazrouei, Minister...

"A generous royal order was issued approving the allocation of financial support in the amount of SAR 20 billion (around $5.3 billion) to face the repercussions of rising prices globally," the official Saudi Press Agency highlighted. Roughly half that amount would come via direct cash transfers to social security beneficiaries.

The region's gaming industry is estimated to be worth $5 billion by 2025 with Saudi Arabia and the UAE leading the growth closely followed by Egypt and Qatar.

The comprehensive economic partnership agreements (CEPA) signed by the UAE with India, Israel and Indonesia this year will help the Gulf country's national economy grow by 2.6 percent by 2030.

The company intends to speed up growth in the GCC.

The newly updated agreement between the two companies will pave the way for the production of Pilatus PC-24 Super Versatile Jet interiors.

The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business Development - Fraud at ACI Worldwide, tells TRENDS.

The UAE has approved 22 policies that focus on accelerating the implementation of the circular economy model in the UAE in four main sectors – manufacturing, food, infrastructure, and transport. At the UAE Circular Economy Council’s second meeting of 2022, the Council also identified at least 16 circular economy activities that can...

The Saudi and UAE stock markets ended the week lower as concerns about slowing global economic growth impacted investor sentiment. Saudi Arabia's market index TASI finished down 1.7 percent at 11,523 points. Abu Dhabi Securities Exchange ended with a loss of 0.3 percent, on Friday the index in Dubai, fell...

The UAE has sent three planes carrying a 1,000 sqm field hospital, which includes 75 beds and two operating rooms equipped with the latest medical supplies and devices, to offer relief to earthquake victims in Afghanistan.