Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed held talks with Turkish President Recep Tayyip Erdogan in Ankara on Wednesday, opening a new chapter in relations between the regional rivals. Later the UAE announced a $10 billion fund for investments in Turkey, state media reported.

Emirates Stallions Group (ESG) has bought a 70 percent stake in WFC Holding as part of its plan to diversify into new areas, the company said on Wednesday.

The UAE's Ministry of Energy and Infrastructure said on Wednesday that it is intensifying inspections of liquefied natural gas (LNG) shipments coming to the country in collaboration with its partners. Intensified inspections are being carried out to ensure compliance with standards and technical regulations and specifications in place in the...

Debts of 4,511 Emirati citizens, amounting to AED1.15 billion ($313 million), have been waived by 20 banks and financial institutions, the Non-performing Debt Relief Fund announced on Wednesday. The banks that waived the debts are First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Emirates NBD, Abu Dhabi Islamic Bank, Standard...

The inaugural edition of the GMIS America will take place in 2022 in Pittsburgh as a homage to a city that has rebounded from significant industrial challenges.

It is vital for the economic development of the Middle East by fostering innovation, entrepreneurship and creating large-scale employment opportunities in the region, says an expert.

The UAE has announced updated procedures for citizens of neighboring countries and those living in border areas, who are repeatedly entering and leaving the UAE through land borders. The Federal Authority for Identity, Citizenship, Customs and Port Security and the National Emergency Crisis and Disasters Management Authority said the procedures...

King Abdullah of Jordan, accompanied by his wife, Queen Rania Al Abdullah, arrived in the UAE on a state visit.

The trip comes less than a year after Morocco normalized ties with Israel in a deal brokered by former US president Donald Trump's administration.

The company is part of the UAE-based Gulftrainer group.

With the current global circumstances accelerating the need for immersive tools such as augmented reality and virtual reality, businesses across the UAE must invest in technologies in order to stay ahead of the digital curve, Maria Pace said. She was speaking at the ‘Immersive Technologies: Unlocking a Mixed Reality’ panel...

Emirates Global Aluminum (EGA), the largest industrial company in the UAE outside of oil and gas, has joined the in-country value (ICV) program of the Ministry of Industry & Advanced Technology (MoIAT). EGA’s aluminum is the biggest made-in-the-UAE export after oil and gas and is shipped to over 50 countries...

The UAE, Jordan, and Israel have committed themselves to building renewable electricity and water desalination capacity and address the threat posed by climate change on energy and water security in the region.

A total of 600,000 fish fingerlings have been delivered to several aquaculture companies in the UAE, including Emirates National Fish Farming Company, by the Sheikh Khalifa Marine Research Centre. The delivery is part of the UAE’s efforts to develop the fishing sector to support the nation’s food security plans, local...

GMIS2021 will convene over 45 UAE policymakers and industry leaders, alongside over 250 international speakers, to engage in 70 sessions from November 22-27.

The fund invests in early stage FinTech and SaaS companies.

Le Maire said that that the two countries will launch projects in renewable energy and hydrogen besides fighting climate change.

The United Arab Emirates has given three proposals to the International Maritime Organization (IMO), supporting the reforms undertaken by IMO on the development and improvement of the work system.

However, the recent developments show that Europe has shed this energy-supplier image of the Gulf for a more realistic and pragmatic approach to strengthen the strategic partnership between the 27-member bloc and the GCC. In the new positive climate in EU-Gulf ties, talks on the FTA are likely to resume...

Emirates Post and ENOC Group have partnered to improve delivery services in logistics and e-commerce field in the UAE.

The MoU was signed under the framework of the Abraham Accords Peace Agreement signed between the UAE and Israel last year.

A total of 408 aircraft (269 firm orders and 139 commitments) were ordered at the Dubai Airshow, the first major airshow since the pandemic. It covered the full range of commercial aircraft, including a first commitment for the A350F. In the pre-show event, Airbus launched its latest global market forecast...

The acquisition will support the telecom giant's digital ambitions.

The region’s financial regulators must be extra vigilant to avoid catastrophic debt crises, Khalid Abdulla-Janahi, chairman of Vision 3, UAE, tells TRENDS

EDGE and Israel Aerospace Industries (IAI) have agreed to establish a maintenance center for a selection of IAI's systems in the UAE.

ADNOC Logistics & Services (ADNOC L&S) and AD Ports Group have signed an agreement to develop a new port and logistics facility at TA’ZIZ, the chemicals production and industrial hub currently under development at Ruwais. Under the agreement, ADNOC L&S and AD Ports Group will develop a liquids terminal and...

Airfares to some destinations from Kuwait have dropped by 50 to 200 percent after operations at Kuwait International Airport resumed full capacity in the last week of October. Nassib Adnan, the deputy director of a travel agency, said the Kuwaiti Cabinet's decision to reoperate the airport fully contributed to cutting...

The MoU was signed by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, and Denis Manturov, Russian Minister of Industry and Trade, on the sidelines of the 37th edition of the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC 2021).

The United Arab Emirates (UAE) will throw open schools, colleges, and universities from January next year to welcome students back after nearly two years of distance learning or online classes, necessitated because of the Covid pandemic.

France is negotiating an agreement with the United Arab Emirates (UAE) that would allow French Small and Medium-sized Enterprises (SMEs) to expand its presence in agri-food sector of the UAE.

Delays to the certification of Boeing's 777X long-haul aircraft are costing billions and infuriating top customer Emirates, but the US manufacturer is banking on the model as air traffic rebounds.

French fund manager Amethis has bought a minority stake in the UAE-based firm.

Global employment, which was severely affected by the pandemic, is beginning to rebound as economies reopen. The UAE, which was particularly hard impacted due to the COVID-19, is now resuming recruitment and attracting the top candidates, he adds.

The annual growth rate of the Middle East AI market is about 20 to 34 percent, led by the UAE and Saudi Arabia.

The pact lays down a framework to establish closer cooperation and collaboration between three countries in all space-related fields.

The announcement was made via video conferencing on Tuesday by Abdullah bin Touq Al Marri and Orna Barbivai, Israeli Minister of Economy, in the presence of Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Mohammed Al Khaja, UAE Ambassador to Israel.

Abu Dhabi's national oil company announced Tuesday a $6 billion investment in crude oil drilling as it ramps up production capacity. The announcement comes a day after the United Arab Emirates (UAE) said a recent UN climate summit in Glasgow was a "success" but that the world needs to keep...

Haftar's announcement comes two days after the candidacy of Seif al-Islam Kadhafi -- the son of slain dictator Moamer Kadhafi -- who has been accused of war crimes by the International Criminal Court (ICC).

The deals were signed with one local company and four others from around the world.

The new decree-law is expected to, among other things, regulate job contracts and give workers more rights.

Prince of Monaco, Albert II has called Expo 2020 Dubai a "great opportunity" to enhance the cooperation between his country and the UAE besides establishing links with other countries. Speaking on the sidelines of the celebration of the National Day of Monaco at Expo 2020 Dubai, he said that UAE...

The UAE, one of the world’s top crude exporters, said a recent UN climate summit in Glasgow was a “success” but that the world needs to keep investing billions in oil and gas. Nearly 200 countries at the COP26 summit pledged Saturday to speed up the fight against rising temperatures,...

The program is the second public-private initiative by MoIAT following the Future of Industry Dialogue initiative, a series of interactive meetings organized in Q1 of 2021 with representatives of leading industrial sectors in the UAE. The training modules have been developed by P&G and are designed to develop core capabilities...

The three leaders also reviewed issues of common interest, the situation in the region, along with regional and international developments.

The first deal was signed with Airbus Defence and Space S.A.U., a Spanish company, to purchase refueling aircraft for the Air Force and Air Defense Command.

Israeli weapons-maker Elbit Systems launched a new venture in the United Arab Emirates on Sunday, an announcement that comes ahead of visits to Dubai by senior Israeli military officials. The manufacturer of the Hermes armed drone and cutting-edge surveillance technology, among other products, hailed the announcement as a product of...

About 88 percent of the affluent people in the UAE have reset their life goals following the Corona pandemic, and 43 percent of them feel the pandemic has made them less confident to utilize their finances for achieving goals, a Standard Chartered survey has found. The bank surveyed affluent, emerging...

The Central Bank of the UAE (CBUAE) will publish a new index for actual overnight funding transactions denominated in UAE Dirham from 7 Dec. 2021, as part of the new Dirham Monetary Framework implementation plan. Named DONIA (Dirham Overnight Index Average), the index is the effective overnight reference rate for...

The discussions took place between Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and Brazil President Jair Bolsonaro at Expo 2020 on Saturday. The meeting saw the signing of several agreements and MoUs between the two sides.

The Dubai Securities and Exchange Higher Committee has decided to list Salik on Dubai Financial Market (DFM) in order to broaden the size of the stock market in the emirate to AED3 trillion in the future.