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.

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, reviewed strategic cooperation and joint coordination in a meeting with Brett McGurk, the US National Security Council Coordinator for the Middle East and North Africa,  at Al Shati Palace.

Trade between Jordan and the United Arab Emirates has grown to $891 million during the course of last year, and the UAE has invested some $17 billion in Jordan, in a sign of strong economic ties.

The Gulf country has played a significant role both in diplomacy and evacuations as the US ended its 20-year war in Afghanistan.

The discussions took place during a meeting on Friday, November 12, in Dubai between Jordan’s Prime Minister Bisher Khasawneh and Emirati Deputy Prime Minister and Minister of the Interior Shiekh Saif bin Zayed Al Nahyan. The two sides highlighted the mutual ties that apparently bring together Amman and Abu Dhabi.

UAE officials "recognise reality", delegation member and House of Representatives Majority Leader Steny Hoyer said after talks with Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum. "They know the world is working very hard not to be in a position to buy their product anymore, because they're going to alternative energy,"...

Qatar's top diplomat voiced hope Friday for a halt to normalization with Syrian President Bashar al-Assad after his counterpart from the United Arab Emirates paid a visit to Damascus. The diplomat, however, also said that other nations had the "sovereign right" to make their own decisions on Syria.

Airlines are still deep in the red, with losses expected to extend by another $51.8 billion this year.

The company will support the UAE 2050 Strategic Initiative

Syria has signed a deal with United Arab Emirates firms for the construction of a solar power plant near Damascus, state media said Thursday, in a sign of growing economic ties.

The five-day maneuvers in the Red Sea, which is linked to the Mediterranean through the Suez Canal, are intended to "enhance interoperability between participating forces", US Navy said.

Trade between the United Arab Emirates (UAE) and Italy has surged 68.6 percent to AED15.84 billion in the first half of 2021, compared AED9.4 billion in the same period last year.

The airline said it served over 1.9 million passengers from its five hubs.

“The governments of the UAE and Bahrain, in light of the fraternal ties and long-term mutual interests between the two countries, consider their joint objectives and interests embodied in the articles of incorporation of the Gulf Cooperation Council (GCC),” said a joint statement quoted by Reuters.

Investing in low-carbon solutions in the energy sector will drive economic prosperity, says UAE Special Envoy for Climate Change Sultan bin Ahmed Al Jaber.

The Emirates Development Bank (EDB) has signed an MoU with the National Bank of Fujairah (NBF) to offer credit guarantees and co-lending for SMEs in the UAE. Under the agreement, EDB will provide credit guarantees or a co-lending program to the NBF's SME customers. NBF will offer up to AED10...

With the retail sector rebounding in the UAE, Cyrille Fabre, a partner and director with the Middle East arm of Bain & Company, highlights what’s fueling the growth.

The visit is widely seen as a sign of regional efforts to end Assad's diplomatic isolation as Syria grapples with a spiralling economic crisis.

UAE firms are expected to hire more staff and increase salaries next year to attract and retain talents as the economic conditions improves, according to a report by Mercer.

Mashreq Bank, the UAE lender, has seen its net profit drop off by a quarter in the first nine months of the year despite a strong growth in operating income.

The profit is 21 percent lower than Q3 2020 due to a lower fuel margin.

In order to boost military cooperation, and to exchange military expertise, members of Royal Saudi Land Forces arrived in the UAE for the  "One Destiny/1" exercise with the UAE Land Forces, which will be held for three weeks.

Foreign ministers of the United Arab Emirates and Cyrus reviewed bilateral relations and ways to boost trade between the two countries at a meeting in Nicosia.

Abu Dhabi-based developer Aldar Properties became the first corporate in the UAE to open a sustainable bank account started by Standard Chartered in the emirates for large corporates. The bank has said that deposits in the accounts are used to fund sustainable projects based on its Green and Sustainable Product...

Taleem Holdings is one of the largest education providers in the Middle East.

This was revealed by the Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) attar Mohammed Al Tayer during his keynote speech at the 18th IRF (International Road Federation) World Meeting and Exhibition, titled "Roads to Tomorrow: Dubai’s Pathway to Sustainable Mobility" on Monday.

Zayed University of UAE and Haifa University of Israel have signed an MoU for cooperation on projects promoting research, education, outreach, and capacity building. Under the pact, both the universities aim to exchange knowledge and academic best practices. The parties agreed to have joint-research projects besides organizing mutually beneficial events,...

Etihad Rail has completed the construction of a rail bridge connecting Khalifa Port with the UAE National Rail Network. The 1-km bridge is part of Package B of Stage Two of the network and will play an important role in improving the transportation of goods in the region and reducing...

The Matchmaking Forum is one of the most important commercial initiatives of ProColombia, which is being organized at Expo 2020 Dubai as part of the Colombian national strategy to take advantage of Free Trade Agreements and to promote the exports of the country’s companies.

Two sides discussed the prospects of boosting trade exchange and the flow of goods between the two countries.

The United Arab Emirates and Indonesia’s State Wealth Fund has signed a new agreement to allow funds from the former to invest in a variety of high-yielding financial products, according to media reports.

YahSat said its contracted future revenues are over $2 billion.

Colombia sees the UAE as a potential partner for growth in bilateral trade, economy, and tourism.

Hessa bint Essa Buhumaid, Minister of Community Development and Chairwoman of Digital Wellbeing Council, said that the UAE well-being indicator achieved progress in social, healthcare, educational and economic aspects.

TASI fluctuated during the week, owing to a rise in Aramco shares. The energy giant's net income grew to $30.4 billion in Q3.

Ahmad Skaik, who is the sole representative of the host UAE and the Gulf region, said he was happy to be in the tournament still because had not been playing well.

Green hydrogen is envisaged to play a significant role in UAE’s domestic strategy to meet the UAE 2050 Net-Zero goals.

Etihad Credit Insurance and Indonesia Re, the state-owned reinsurance agency of Indonesia, have signed an MoU to boost bilateral exports and investments through their trade credit insurance, reinsurance and guarantees. Under this agreement, the two agencies will work on easing trade and export between UAE and Indonesia, facilitating access of...

The government is breaking at the seams over a series of disputes involving a probe into last year's monster port blast, and remarks by Information Minister George Kordahi over the Yemen war that sparked reprisals from Saudi Arabia and its allies.

Abu Dhabi's Formula One circuit is handed over to cyclists several times a week, with other tracks available across the emirate.

The Global Manufacturing and Industrialisation Summit (GMIS) announced on Thursday a partnership with First Abu Dhabi Bank (FAB), that will explore the latest trends and opportunities to improve access to finance for Small and Medium Enterprises (SMEs) and drive sustainable industrial growth both globally and in the UAE. Through joint...

The UAE hosted its second "Sci-Tech Virtual Tour" for a high-level Spanish delegation to highlight the country’s economic and scientific achievements.

During the UN talks in Glasgow, Scotland, the two countries launched the Agriculture Innovation Mission for Climate.

Saudi Arabia and the UAE have joined the United States and Britain Wednesday in urging the leaders of last week's military coup in Sudan to restore the civilian government. The united front with the two Arab powers comes amid hopes that the military can be persuaded to accept a climbdown.

The UAE, Saudi Arabia, and Egypt have made some strong climate-action pledges at or before COP26.