On Tuesday, following a U.S. brokered agreement, the first ever official delegation from the United Arab Emirates left for Israel with the two countries looking to broaden ties and normalise relations. According to Israeli officials, the visit will be largely… Read More ›
United Arab Emirates
U.S. Treasury Secretary Steven Mnuchin to lead U.S. delegation to Israel, UAE and Bahrain
In a statement the U.S. Treasury Department said, Treasury Secretary Steven Mnuchin will lead a U.S. delegation to Israel, Bahrain and the United Arab Emirates on October 17 to 20. The visit comes in the wake of the UAE and… Read More ›
Israel, UAE and US to pursue joint collaboration on developing renewable energy strategy
In a significant development, the energy ministers of the United States, Israel and the United Arab Emirates said, they will develop a joint strategy for greater coordination in the energy sector; the trio will also jointly collaborate to mitigate energy… Read More ›
World’s top executives want re-calibration of work-life: survey results
According to the results of a survey released on Monday, nearly eight out of ten corporate executives are re-evaluating their work-life balance after experiencing poor mental health during the Wuhan coronavirus pandemic. The survey which included many top executives from… Read More ›
Israel-UAE trade could reach $4 billion in 1 year: Israel’s Intelligence Minister Eli Cohen
On Monday, in a statement Israel’s Intelligence Minister Eli Cohen stated, the annual trade between Israel and the United Arab Emirates is likely to touch $4 billion. The development comes in the wake of an announcement by both countries that… Read More ›
Indonesia and UAE sign business deals worth $23 billion
On Monday in a tweet, Indonesian President Joko Widodo stated, Indonesia has signed 11 business deals with the United Arab Emirates worth a combined $23 billion (314.9 trillion rupiah). The deals covers investments in areas including energy. Widodo mentioned that… Read More ›
Lockheed Martin meets 2019 delivery target
Lockheed Martin Corp stated, it has reached its 2019 target of delivering 131 F-35 fighter jets to the United States and its allies, marking an increase of 47% as compared to the last year. Lockheed Martin Corp, the world’s largest… Read More ›
Russian military exports unaffected by U.S. sanctions: Rostec CEO
On Monday, the head of Russia’s state conglomerate Rostec said, Russian military export sales have not been affected by U.S. sanctions. Following Russia’s annexation of Crimea from Ukraine along with other factors, the United States had imposed sanctions on Russia…. Read More ›
China State Engineering Corp eyeing reconstruction market in Iraq and Syria
China State Engineering Corp is eyeing all kinds of contracts including, civil construction, road building, groundworks, oilfields pipeline work. An executive from China State Engineering Corp stated, it is eyeing more opportunities for oil projects in Iraq, Saudi Arabia and… Read More ›
Qatar purchased $500 million Lebanese government bonds
Qatar’s move is probably aimed at increasing its traction in the Middle East and comes in the wake of Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cutting diplomatic ties with it since June 2017 and have accused Doha… Read More ›