On Tuesday, in a significant development Israel has signed a free trade agreement (FTA) with the United Arab Emirates marking its first big trade accord with an Arab state. The agreement sees removal of tariffs as well as a boost… Read More ›
United Arab Emirates
Taliban signs deal with UAE, Turkey and Qatar on airport operations and security
On Tuesday, in a significant development Afghanistan’s Taliban Administration said, it will sign an agreement with the United Arab Emirates (UAE) to share responsibility for operating airports in the country. The announcement was made on Twitter by Taliban leader Mullah… Read More ›
Israel and Bahrain sign security cooperation agreement
In a significant development, Israel and Bahrain signed a security cooperation agreement marking the first such agreement between Tel Aviv and a Gulf nation. The security cooperation agreement was signed during a visit by the Israeli defence minister to the… Read More ›
UAE and Turkey sign investment accords worth billions of dollars
The United Arab Emirates and Turkey have signed agreements worth billions of dollars in investments in areas ranging from energy and technology following talks between Turkish President Tayyip Erdogan and Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed al-Nahyan. The… Read More ›
Sale of F-35 stealth fighters only after UAE understands obligations
According to an official from the Biden Administration, the United States intends to move forward with the sale of 50 F-35 stealth fighter jets to the United Arab Emirates after Washington gets a clear understanding of “Emirati obligations”. “We continue… Read More ›
Russia showcases Sukhoi Su-75 Checkmate as cost effective alternative to US F-35 at Dubai Airshow
Even as the United Arab Emirates is set to purchase US F-35 fighter jets, Russia is showing off the prototype of its latest fifth-generation fighter plane at the Dubai Airshow. Unveiled in July, the showcasing of the Sukhoi Su-75 Checkmate… Read More ›
EIG Global Energy Partners led consortium acquires 49% stake in Aramco’s pipeline business for $12.4 billion
In a statement U.S.-based EIG Global Energy Partners said, a consortium led by it has closed a deal to acquire a 49% stake in Saudi oil giant Aramco’s pipelines business for $12.4 billion. The co-investment process for the deal attracted… Read More ›
Dubai begins inoculating citizens with Pfizer-BioNTech COVID-19 vaccine
Dubai will begin inoculating people with the Pfizer and BioNTech COVID-19 vaccine from Wednesday, said the emirate’s government in a statement. The development marks Dubai joining Saudi Arabia, which was the first Arab country to begin inoculating people with the… Read More ›
Flydubai eyes direct flights between Dubai & Tel Aviv from Nov. 26
On Wednesday, in a statement United Arab Emirates airline flydubai stated, it will soon start two direct fights between Dubai and Tel Aviv. The development comes in the wake of the UAE establishing historically important formal ties with Israel, including… Read More ›
Chevron’s Middleastern pivot central to its energy strategy
In a significant development, U.S. oil giant Chevron Corp is staking its natural gas future on the Middle East, a typically volatile region where energy majors have long tread warily. Chevron’s CEO Michael Wirth’s Middle Eastern pivot underpins a bet that… Read More ›