Dubai, UAE -- The region's top hospitality professionals will converge at the Conrad Dubai Hotel on November 25-26, 2025, for the eighth annual Commercial Strategy Conference (CSC) MEA. Organized by the Hospitality Sales and Marketing Association International (HSMAI) Middle East and Africa, the event has been the premier gathering for...
UAE, Saudi leaders meet after rift over oil policy
Two key leaders of Saudi Arabia and the United Arab Emirates met in Riyadh on Monday, emphasizing the ties between the neighbors after a public row over oil policy.
Trade between UAE, Bahrain vaults 75% to $672 million in Q2
Only Saudi Arabia traded more with Bahrain, with the total value reaching $781 million during the quarter Oman was followed by Kuwait, which recorded $99 million in bilateral trade in Q2 There has been an unexpected surge in trade between the United Arab Emirates (UAE) and Bahrain in the second...UAE at Tashkent conference: infrastructure key driver for investment
UAE energy and infrastructure minister Suhail bin Mohammed Al Mazrouei praises Uzbekistan for attracting investment and developing the country's infrastructure
UAE’s forward-looking vision to contain pandemic
With a long-term forward-looking vision, the UAE continues its efforts to combat the spread of the COVID-19 variant, with the Ministry of Health and Prevention announcing the adoption of one of the most important modern pharmaceutical drugs that have proven its efficacy in treating the virus so that the country...
Deadlock ends: Top oil producers agree on modest output boost
The OPEC+ meeting on Sunday agreed to raise output by 400,000 barrels per day (bpd) each month from August to help fuel a global economic recovery as the pandemic eases.
Ipsen expands into MEA with UAE headquarters
The French pharmaceutical firm has inaugurated its new regional headquarters in Dubai.
Versace opens new boutique at Galleria Al Maryah Island
Versace has opened a boutique at the Galleria Al Maryah Island, where it will showcase the Pre-Fall 2021 collectionIndian vehicle ecommerce firm Cars24 enters UAE market
Indian-origin ecommerce platforms for pre-owned vehicles, Cars24, has entered the UAE market after its foray into Australia
Partial lockdown in Abu Dhabi on July 19 to carry out sanitation program
The lockdown will come into effect at midnight and will go on until 5 am The movement of traffic and the public will be restricted and there will be no transportation services There will be a partial lockdown in Abu Dhabi on July 19 in order to carry out...
GCC sees $27bn worth of hotel projects lined up
The GCC has hotel investments worth $27 billion in the pipeline, said the Arabian & African Hospitality Investment Conference (AHIC)UAE, Hungary sign agreement to boost economic cooperation, investment protection
The pact aims at securing a comprehensive balance between rights and obligations between investors and the host country
ENOC’s world-first eLink Station: can be relocated, saves space and time
The eLink Station is fully sustainable and includes vapour recovery systems to reduce emissions while loading from storage tanks. It is powered by biodiesel, features LED digital screens and lighting, and is equipped with a smart meter.
OPEC+ deliberations still on but not supply deal yet: UAE
With the bloc pumping less than needed, prices are set to be volatile, says IEA Oil demand is expected to rise by another 3.3 mbd in the three months The UAE’s deliberations with OPEC+ regarding its position on an extension of an oil supply deal are still underway, the Gulf...
Saudi, UAE reach deal over oil output quotas
Major OPEC producers Saudi Arabia and the United Arab Emirates have reached a compromise in a standoff over crude output quotas.
UAE opens embassy in Tel Aviv in latest normalization move
The UAE opened an embassy in Israel on Wednesday in Tel Aviv's new stock exchange building as part of the latest normalization move under a deal brokered by Washington last year.
UAE to launch digital currency within five years
The United Arab Emirates will launch its first digital currency by 2026, the central bank of the country said on Monday.
Mercenaries: The sinister export from Colombia’s conflict
Some 26 Colombians have been accused of taking part in the pre-dawn murder of president Jovenel Moise Participation of Colombian mercenaries highlights the lucrative transnational mercenary market Some fight in Yemen or Afghanistan, others guard oil pipelines in the United Arab Emirates; and yet more turned up in Haiti this...Fuelling troubles: Row puts Gulf powers on diverging paths
A public row between Saudi Arabia and the UAE has exposed the steadily diverging paths of once inseparable allies who are competing to profit from what may be the world's last oil boom. Wrinkles in relationships between the Gulf states are usually resolved behind palace walls, but a fiery debate...
Pakistan imports goods worth $10.6 b from four GCC countries
Imports from UAE $6.2 billion compared to $5.9 billion last year The highest increase in imports recorded from Saudi Arabia Pakistan’s imports from four GCC countries were nearly $10.6 billion during the first 11 months of 2020-21, a report said. The country's imports from UAE were worth nearly $6.2 billion...UAE consumers prefer online motor insurance
74% of the customers buy car insurance online in the UAE More than 90% of the consumers review car insurance offers online A large number of motorists in the UAE prefer to buy car insurance online, according to a survey. Insurance aggregator Policybazaar.ae has said that 74 percent of the...
Disagreement between UAE, Saudi Arabia hobbles OPEC
The UAE on Sunday pushed back against a plan by the OPEC+ group to extend a pact to cut oil production beyond April 2022 There are concerns that if an agreement among the 23 member-states cannot be reached, the alliance could break apart The disagreement between Saudi Arabia and the...
UAE most vaccinated nation, overtakes Seychelles
72.1 percent of the population fully vaccinated UAE has approved emergency registration of Moderna's vaccine to combat variants By inoculating more than 72.1 percent of the country's population, the UAE has become the world's most fully vaccinated country, overtaking Seychelles to rank number one in terms of total doses administered...
Covid-19 variant: Saudi suspends UAE flights
The move comes seven weeks after the oil-rich kingdom permitted fully immunised citizens to travel abroad The UAE is a key leisure destination for Saudis. Saudi Arabia has suspended flights to the UAE, Ethiopia and Vietnam, including the neighbouring United Arab Emirates, to protect against "a mutated strain of the...
UAE says it supports oil production increase in Aug
Seeks the OPEC+ decision to extend global supply pact deferred to another meeting OPEC's Joint Ministerial Monitoring Committee (JMMC) makes production hike conditional to the extension of the agreement The UAE said on Sunday it supports an increase in oil production in August and proposed that OPEC+'s decision on...
8 lakh millionaires in Middle East have $3.2 trillion wealth
Across the region, the population and wealth of HNWIs witnessed a growth of 13.2% and 17.2% The number of millionaires in Saudi Arabia and the UAE has grown almost at par The population of high net worth individuals (HNWIs) grew 6.8 percent to 0.8 million while their wealth grew...
Emiratis can’t travel to 14 countries on UAE’s no-go list
Many individuals such as diplomatic missions exempted Cases of Delta variant have been found in many countries Seeking to keep out the new dangerous variants of the coronavirus, the UAE government would not allow citizens to travel to 14 countries on its no-go list. The no-go countries – India, Pakistan,...
Saudi Arabia forbids travel to and from UAE, Ethiopia, Vietnam
Ban to ensure the variant is kept out of the kingdom All travelers to the kingdom will have to undergo quarantine Alarmed at the outbreak of more infectious variants of the coronavirus in the world, and its neighborhood, Saudi authorities are banning travel, without prior permission, to and from the...
Saudi suspends UAE flights due to virus variant
Saudi Arabia has suspended flights to three countries, including the neighbouring United Arab Emirates, to protect against a coronavirus variant, the interior ministry said Saturday. The move comes seven weeks after the oil-rich kingdom permitted fully immunised citizens to travel abroad, after a ban on foreign trips that lasted more...
Swimmable billboard in Dubai to promote swimwear collection
The billboard is made of reinforced transparent acrylic It took a team of team of 32 people to build the structure Havas Middle East has announced the launch of the world’s first swimmable billboard in Dubai, on behalf of Adidas, which is five meters high, three meters deep and holds...
Oil-producing countries postpone decision on output increase
UAE objects to extending of cuts to the end of 2022 as it seeks to grow production Members consider whether to continue reviving crude supplies gradually Major oil-producing countries on Thursday failed to agree to boost output in August to meet growing demand and limit recent price rises, adjourning their...UAE starts issuing work permits for Golden Residency holders
The Golden Residency program is a long-term residence visa the UAE started in 2019 for foreign nationals who want to live, work and study in the country without a national sponsor It also gives foreign entrepreneurs 100% ownership of their business on the UAE mainland The UAE has started issuing...
UAE launches work permits for Golden Residency holders
Golden Residency visa was created last year for professionals, specialized degree holders HR ministry lays down criteria for work permits The UAE government has said it will start issuing work permits for Golden Residency holders. Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum had in November 2020 announced that the UAE...
UAE, Austria sign deal to spare tax payers of double taxation
The agreement was previously signed between the two countries in September 2003 Both parties aim to avoid double taxation without creating opportunities for non-compliance with the tax system In order to remove all the impediments on the path of trade and investment between the two countries, the United Arab...UAE extends ban on flights from India, 13 other countries
A notice to airmen (NOTAM) issued by the UAE civil aviation authority informed the airlines of suspension of flight services to and from 14 countries including India till July 21 in view of the Covid second wave. In India, the expats have been affected badly following the suspension of regular...
Pfizer-Biotech vaccine considered safest by UAE, Saudi residents
Pfizer jab more likely to be trusted by 25-34 age group adults AstraZeneca vaccine considered second safest vaccine in both countries Dubai: Most residents of the UAE and Saudi Arabia believe the Pfizer-Biotech vaccine is the safest among the available Covid-19 vaccines, according to a study by market research firm,...
UAE and Israel to sign more cooperation deals
The two countries normalized ties last year Israeli foreign minister calls new consulate a 'center of cooperation' The United Arab Emirates and Israel are going to sign more cooperation deals in the future, according to the visiting Israeli foreign minister Yasir Lapid, who is in the UAE on a landmark...
UAE, France team up for research and development in nuclear energy
Exploring the product of green hydrogen powered by carbon-free nuclear energy part of the deal French company EDF owns the largest nuclear fleet worldwide In keeping with the United Arab Emirates’ pursuit of clean electricity, and its plan to tackle climate change, it has signed an agreement with France...
Aries Group to make dowry-takers leave, face legal action
The group had announced anti-dowry policy on International Women’s Day The clause incorporated in the employment contract Any employee of multinational conglomerate Aries Group who accepts or gives dowry will have to leave the company and face legal actions, local reports on Wednesday, June 30, quoted the group as saying....Lapid opens Israeli embassy in UAE, first in Gulf
Lapid's trip comes after the nations moved to normalise ties Israel, UAE have signed a raft of deals ranging from tourism to aviation Israel's top diplomat Yair Lapid opened the Jewish state's first embassy in the Gulf during a trip to the United Arab Emirates on Tuesday after ties were...Amazon targets net-zero carbon in new Mena projects
Amazon's Climate Pledge aims to achieve net-zero across its businesses by 2040 The projects are expected to come up Saudi Arabia, UAE, and Egypt The Middle East and North Africa region will see a number of sustainable projects being launched by global eCommerce giant Amazon as part of its Climate...Saudi Arabia, UAE vying for hydrogen, ammonia exports
Both targeting Japan, a key oil, gas importer Both also eager to get into green hydrogen, ammonia industry Saudi Arabia and the UAE are competing to become blue hydrogen and ammonia exporters as their oil output capacity expands, s&pglobal.com reported. Saudi Aramco, the world's No. 1 listed oil and...UAE, Oman to host T20 World Cup as cricket continues to move out of India
ICC cited the effects of the second wave of Covid-19 in India for its decision The tournament will now be held from October 17 to November 14 across three stadiums n the UAE and one in Oman The International Cricket Council announced on Tuesday, June 29, that the Men’s...
Saudi healthcare distributor Tamer Group acquires Mumzworld
Tamer Group calls acquisition step towards its digital plan aimed at contributing to Saudi Vision 2030 Mumzworld Founders Mona Ataya and Leena Khalil will continue to lead the company Saudi-based Tamer Group has acquired a majority stake in Mumzworld, the UAE-based mother, baby and child (MBC) e-commerce platform, for...Israel’s Lapid begins ‘historic’ UAE trip
Yair Lapid is the first ever Israeli minister to officially visit the UAE Since the normalization accord with the UAE was brokered by then US president Donald Israel's top diplomat Yair Lapid on Tuesday began the first ever official visit by an Israeli minister to the United Arab Emirates,...
Austria to welcome more GCC travelers from July 1
Austria will open border for tourists from all across the world, including GCC, from July 1 The move comes as the European country post looks to implement a post-Covid-19 strategy Austria has announced that it will open its border for tourists from all across the world, including those in the...
UAE professionals seek challenging work, advanced tech at workplace: Survey
59 percent claim remote work option is an important aspect in their workplace In the UAE, there is a higher preference for larger companies About 74 percent of UAE professionals say their potential workplace should promote the use of advanced technology while 59 percent claim remote work option is an important...
UAE to trade in 25 new international markets as economy recovers
UAE’s budget balance improved as its economy recovers It will enter 25 new international markets for foreign trade Boosted by an improved budget balance in the first half of the year, as the economy began recovering from the bruising effects of the Covid-19 pandemic, ruler of Dubai Sheikh Mohammed bin...
46% UAE consumers expect effects of pandemic to last another year
Increased vaccinations, protective measures, contactless in-store experience key to rebuilding UAE consumers' confidence 73% of consumers admit to have changed their shopping habits to adapt to the 'new normal' About 46 percent of UAE consumers expect the effects of the Covid-19 pandemic to last at least another year, according to...
UAE Egypt’s top trading partner in Middle East with $4.11 billion trade
The UAE is also the largest foreign investor in Egypt, as it contributes to projects with capital exceeding $7bn Egypt’s exports to the UAE were $2.882bn in 2020, compared to $2.51bn in 2019 The volume of trade between Egypt and the United Arab Emirates shot up to $4.11 billion in...
Study puts UAE food & beverages sector at ‘medium risk’
Key challenges faced by the UAE food and beverages sector are limited pricing power, a surge in transport costs, and intense competition within the local supply chain segments The UAE imports 90 percent of its food and beverages sector needs Key challenges faced by the United Arab Emirates (UAE), which...
