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Cargo from Dubai arrives in Haifa, cementing Israel-UAE trade route
Just a few months ago, such a journey from Dubai's Jebel Ali port to the northern Israeli port city of Haifa would have been unthinkable. The countries announced a normalisation deal in August which laid the ground for a potentially profitable new trade route.
UAE gets Israeli visa exemptions, a first for Arab world
Until recently, only Egypt and Jordan had full relations with Israel, but their nati...
Israel, UAE agree to visa-free travel as ties deepen
Israel and the United Arab Emirates agreed to visa-free travel on Monday, an unprecedent...
UAE, Israel working on double tax treaty to encourage investment
Israel and the UAE signed a normalisation deal on Sept. 15, forging formal diplomatic ties. Israel ratified the deal in a cabinet vote on Monday and a parliamentary vote on Thursday.
US warned Nevada not to use Chinese COVID tests from UAE
The documents illustrate how the U.S. government actively, if quietly, tried to keep the state out of a project involving the Chinese firm BGI Group, which is the world's largest genetic sequencing company and which has expanded its reach during the coronavirus pandemic.
View: Get off offshores! Tax havens are on their way to become have(n)-nots
Many tax havens like Mauritius, Singapore and the United Arab Emirates (UAE) signed agreements toavoid double non-taxation, and have demonstrated their commitment to facilitate effective exchange of information for tax purposes.
A geopolitical earthquake just hit the mideast
The agreement brokered by the Trump administration for the United Arab Emirates to establish full normalization of relations with Israel, in return for the Jewish state forgoing, for now, any annexation of the West Bank, was exactly what Trump said it was in his tweet: a “HUGE breakthrough.”
UAE official says Turkey's army in Qatar destabilises region
The UAE and its Arab allies have imposed a boycott on Qatar since mid-2017 and had demanded that Doha close a Turkish military base, among their conditions for ending the rift. Abu Dhabi and Ankara also back opposing sides in Libya's conflict.
Kuwait and the UAE in economic pain amid pandemic: Reports
With the government failing to pass a public debt law, Kuwait has drawn from its reserve fund to keep spending — at a pace that could prove unsustainable. Moody's warned that government “gridlock” and ineffective debt management would erode Kuwait's financial strength in the years ahead.
Expats are leaving Dubai and that’s bad news for the economy
UAE could lose 900,000 jobs, eye-watering for a country of 9.6 million, and see 10% uproot.
Major Gulf markets dip as financials decline
Saudi Arabia's benchmark index slipped 0.3%, with National Commercial Bank losing 1% and Samba Financial Group shedding 1.2%.
India seeks additional investments from UAE in infra, energy & defence sectors
Expanding economic partnership was key item on the agenda on the 13th Session of the India-UAE Joint Commission Meeting on Trade, Economic and Technical Cooperation held virtually on Monday.
Israel, UAE and Bahrain sign Abraham Accord; Donald Trump says "dawn of new Middle East"
"We are here this afternoon to change the course of history. After decades of division and conflict we mark the dawn of a new Middle East," Trump said, moments before the accord was signed at the South Lawns of the White House.
UAE announces normalisation of diplomatic ties with Israel under deal brokered by Trump
"This historic diplomatic breakthrough will advance peace in the Middle East region," according to a joint statement tweeted by Trump. "After 49 years, Israel and the United Arab Emirates will fully normalise their diplomatic relations," Trump said from the Oval Office.