UAE, India pledge for success of Dubai’s COP28 event
The UAE and India vowed to make this year's COP28 conference in Dubai a success, as Indian Prime Minister Narendra Modi paid a visit to the Gulf state. The oil-rich UAE will host the COP28 UN climate talks in November and December, as nations are still far on means to...Indian PM Modi arrives in UAE after his France visit
Dubai, UAE - India’s Prime Minister Narendra Modi arrived in Abu Dhabi today for the final leg of his two-nation visit. The visit aims to strengthen the burgeoning bilateral ties between India and the United Arab Emirates (UAE), two strategic partners. Indian PM is scheduled to meet with UAE President...Sweltering heat leaves Gulf residents at risk during noon
DUBAI, UAE- As much of the world swelters in record temperatures, spare a thought for Issam Genedi, who ekes out a living washing cars in one of the planet's hottest regions, the Gulf. Pausing from his work at an outdoor carpark in Dubai, the Egyptian migrant says the UAE's furnace-like summer...UAE Dirham can be third currency for India-Russia Trade, says Russian economist
New Delhi, India - Russian academic Sergey Luzyanin has suggested that the United Arab Emirates' Dirham could be considered as a potential currency for India-Russia trade in an interaction between Indian and Russian experts following the Shanghai Cooperation Organisation (SCO) virtual summit organized by India. The discussion, organized by the...Saudi Arabia, UAE allocate $6bn to support their operations in Iraq
Baghdad, Iraq - Saudi Arabia and the UAE have allocated $6 billion to support their operations in Iraq, the Federation of Iraqi Chambers of Commerce (FICC) announced on Sunday. The FICC signed an agreement with the two countries to create business councils. The FICC's president Abdul al-Razzaq al-Zuhairi told the...Pakistan to hand over Karachi Port terminals to UAE
Dubai, UAE - Pakistan has taken steps to finalize a deal with the United Arab Emirates (UAE) for the handover of the Karachi port terminals, potentially marking the first inter-governmental transaction under a law implemented last year to raise emergency funds. The decision was made during a meeting chaired by...‘UAE is all for gender equality, women empowerment’
"We firmly believe that the full, equal and meaningful participation and inclusion of women across society is essential for achieving sustainable development and lasting peace,” she adds. “This partnership will not only contribute to the Women, Peace and Security agenda – it will also advance the role of women and...Qatar, UAE lead GCC in women participation, women catching up in Saudi
Dubai, UAE - Around 70 percent of top-performing teams in the GCC have a higher percentage of women, underscoring the positive impact of gender diversity on organizational success, a survey by Bain & Company has revealed. Leading the way in this transformation are the United Arab Emirates (UAE) and Qatar,...Opec+ to extend cuts in oil output into 2024 as prices flag
Vienna, Austria – OPEC+ has decided to adjust the level of overall crude oil production to 40.46 mb/d, starting 1 January 2024 until 31 December 2024. This was announced by the global organisation in a statement following the 35th OPEC and non-OPEC Ministerial Meeting in Vienna today. According to the...Human fraternity, climate change among top priorities for UAE as president of UNSC
The UAE will host three high-level Council meetings in June, aiming to promote interfaith dialogue, address climate change impacts on worldwide conflicts.UAE Banks’ Q1 2023 profit surges by 35% to $5 bn: Alvarez & Marsal
Dubai, UAE - UAE banks experienced a significant surge in profitability during the first quarter of 2023, according to the latest United Arab Emirates (UAE) Banking Pulse report released by global professional services firm Alvarez & Marsal (A&M). The report highlights a 35 percent increase in profits compared to the...Emaar Development reports 26% growth
The company's EBITDA for the quarter was $310 million.Middle East thaw: Now Qatar and UAE to reopen embassies
"The technical committees are now doing their work in this context, and it is expected that there will be exchange visits to consider the procedures we need to reopen embassies." foreign ministry spokesperson Majid Al-Ansari told a briefing. A UAE official confirmed that the reopening of embassies is "under process".Iran names envoy to UAE after nearly eight-year absence
Iran and the United Arab Emirates have long had close economic ties which continued even during the diplomatic chill. A veteran diplomat who served most recently as director general of the foreign ministry's diaspora affairs department, Reza Ameri's career had previously taken him to Algeria, Sudan and Eritrea.Major oil powers slash production ahead of OPEC+ meet
Cuts by the Saudis, Iraq, UAE, Kuwait, Algeria and Oman from May to the end of the year will total more than one million barrels per day -- the biggest reduction since the OPEC+ cut 2 million bpd in Oct. A Saudi official called it a measure "aimed at supporting...UAE pledges $3m for rebuilding Huwara raided by Israeli settlers
Thirty houses were burned and damaged, according to local officials, after dozens of Israeli settlers set them ablaze. Bezalel Smotrich, Israel's finance minister and an extreme-right settler, later said "Huwara needs to be wiped out", sparking widespread condemnation, including from the UAE, the UN, the United States and France.Dubai airport arrivals double in 2022 as more Russians pour in
The UAE has maintained a neutral stance towards Russia's war in Ukraine, which is nearing its one-year anniversary. The Gulf nation has emerged as a top destination for rich Russian emigres fleeing the impact of Western sanctions.Rayyana Barnawi first ever Saudi woman to join space mission
Rayyana Barnawi will join fellow Saudi male astronaut Ali Al-Qarni on a mission to the International Space Station (ISS) "during the second quarter of 2023".Arab states boycott meeting hosted by Libya’s unity government
The snub underlines Arab divisions over the Tripoli-based government, whose legitimacy is contested by a rival administration in the war-torn country's east. Regional heavyweights Egypt, Saudi Arabia and the United Arab Emirates were not represented at all at the gathering -- a preparatory session ahead of a foreign ministers' meeting in...Benjamin Netanyahu sworn in as Prime Minister of Israel
Israel's hawkish veteran Benjamin Netanyahu was sworn in as prime minister after a stint in opposition, heading what analysts call the most right-wing government in the country's history. Netanyahu, 73, who is fighting corruption charges in court, had already served as premier longer than anyone in Israeli history, leading the...Israel thanks Morocco for protecting Jews during Holocaust
The letter from Herzog - marking two years since Morocco normalized ties with Israel - was the first occasion an Israeli state official has paid tribute to the Holocaust-era actions of Morocco's monarch at the time, according to the presidency. He expressed Israel's gratitude to the king "and the people...DEWA wins top award by UK based institute
Dubai, UAE - Dubai Electricity and Water Authority (DEWA) won the Best Creative Electricity and Water Solutions Brand by Global Brands Magazine Awards 2022 in the UK. Saeed Mohammed Al Tayer, MD and CEO of DEWA, expressed his happiness with the award, which reflects DEWA’s excellent strategies and its efforts...Altawkilat, Saudi auto distributor expanding into UAE
ALTAWKILAT is one of the largest automotive distributors in Saudi, with over 75 years of experience.UAE won’t choose sides between global powers, says Anwar Gargash
The UAE is a key player in the 13-nation OPEC oil cartel which, with its 10 allies headed by Russia, angered Washington by cutting production by two million barrels a day from November, adding renewed upward pressure on crude prices.Gulf Arab’s first casino being opened at Ras Al Khaimah resort
The casino would mark a watershed moment for the Gulf region.Dubai’s talks to join basketball Euroleague evoke ‘positive’ response
"Negotiations with the European league began eight months ago, and its goal is to involve a club from Dubai in the prestigious tournament, in addition to hosting some matches in the city," said Al Naboodah, the former president of Dubai's Al-Shabab Al-Ahli football club.UAE-Bahrain non-oil trade surges to $6.5bn in 2021
The UAE Foreign Minister stressed that the trade growth didn’t reflect the “true potential” of the two countries.Automation poised to transform GCC labor market
About 42.6 percent of jobs in the region will be automated by 2030, ahead of the global average of 32 percent, predicts a McKinsey report.Nykaa enters into a strategic alliance with Middle East-based Apparel group
Nykaa will leverage the Apparel Group’s robust retail infrastructure network and deep market relationships to build distinctive GCC focused beauty offerings.UAE tops Arab countries in WIPO’s Global Innovation Index 2022
The UAE also ranked 18th globally on the GII's Innovation Input Sub-Index, five ranks higher than 2021.UAE GDP grows 18.8% at current prices in 2021, says federal body
The centre’s data showed that non-oil GDP at constant prices grew by 5.8 percent to $0.33 trillion in 2021, compared to around $0.27 trillion in 2020.UAE earns $5bn from tourism in H1, expects more from World Cup
A strong performance is expected this winter when neighboring Qatar hosts football's World Cup. Hotel occupancy was up more than 40 percent in Covid-hit 2021, UAE prime minister and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum said after a cabinet meeting.Qatar World Cup tickets sale to reach 2.5 million soon : FIFA
There are 3,010,679 tickets available altogether, with FIFA saying a "last-minute" sales period will open in the run-up to the start of the tournament at a date still to be confirmed.14 UAE businesses to pitch on Beban 2 for investment
The shortlisted entrepreneurs will receive training through a customised bootcamp delivered by international venture capital startup accelerator "Brinc MENA."Metaverse Strategy set to position emirate as global Web3 hub
Dubai is already home to more than 1,000 companies in the metaverse and blockchain sector.UAE lauds Turkiye’s role in Russia-Ukraine grain exports pact
The UAE foreign minister Sheikh Abdullah bin Zayed Al Nahyan in a phone call to his Turkish counterpart Mevlüt Çavuşoğlu described the agreement as a ''key step.''UAE, Korea discuss cooperation in food security, health, technology
Emirati exports to South Korea increased by 34 percent in 2021 compared to 2021, reaching $679 million.Iraq launches drive to preserve national icon: date palms
Thousands of young date palms, Iraq's national symbol, form lines that extend from the edge of the desert near the central city of Karbala and into the horizon.UAE tops Arab countries as best Foreign Direct Investment hub
The UAE remained the largest recipient of FDI with flows increasing from US$19.88 billion in 2020 to US$20.7 billion in 2021.Jordan, UAE review cooperation in improving quality higher education
Jordan and the United Arab Emirates (UAE) have discussed exchanging expertise between them, especially in the field of accreditation and quality assurance in higher education institutions. The meeting was held between Accreditation and Quality Assurance Commission for Higher Education Institutions (AQACHEI) president Thafer Assaraira, and Education and Technology Sciences attaché...Ending gender disparity key to regional prosperity
Even as SMEs in GCC seek to do more to end gender disparity , UAE proactively leads the region in pursuing the diversity agenda, says Marketa Simkova, Partner at KPMG Lower Gulf.Sharjah Museums Authority to study ancient civilisations in UAE
The book Ancient Inscriptions and Writings in the Emirate of Sharjah provides a comparative analytical study, is one of the most important publications for researchers, archaeologists and students.British PM Boris Johnson to travel to UAE after president’s death
British Prime Minister Boris Johnson will fly to the United Arab Emirates on Sunday to pay his condolences following the death of President Sheikh Khalifa bin Zayed Al-Nahyan, Downing Street said. Johnson's visit will also "reinforce the close bond between the United Kingdom and United Arab Emirates," the statement said.UAE’s Covid-19 response gets global plaudits
Earlier this year, the UAE rose to the top of Bloomberg’s Covid Resilience Ranking, outperforming European countries in terms of containing the spread of the pandemicIncrease in Japan’s imports of UAE crude oil in March
This puts the UAE on the top of crude oil providers and at crucial importance for the Japanese energy needs.UAE, Rwanda sign economic, technical cooperation agreement
The two sides reviewed their relations during the visit of the UAE Minister of State Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan to Kigali.‘UAE’s new labor law is a game-changer’
Legal and business leaders tell TRENDS that the new legislation is in line with the industrial modernization roadmap that the country has undertaken.UAE vows ‘responsible’ artificial intelligence rollout
The world's first minister for artificial intelligence says the United Arab Emirates isn't only looking for economic benefits as it seeks to become a leading nation in the sector. The UAE's minister of state for AI, Omar bin Sultan al-Olama, said "quality of life" considerations were key, and also stressed...UAE government holiday for Eid al-Fitr begins on 29th day of Ramadan
The holiday will last till the third day of the month of Shawwal, which is yet to be declared.Inspiring people is ‘a good legacy’: Sheikha Lubna
Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about changing perceptions, both in the UAE and abroad.




















































