Abu Dhabi Archives - Iran News Daily

Tehran, Abu Dhabi Agree to Strengthen Trade Relations

mahla — Fri, 03 May 2024 20:46:18 +0000

TEHRAN (Iran News) –The two countries held the first session of the Joint Economic Committee meeting in Abu Dhabi which was co-chaired by the UAE’s Minister of Economy Abdulla bin Touq and Iran’s Minister of Roads and Urban Development Mehrdad Bazrpash.

The two neighbors have planned to boost economic cooperation in sectors including logistics, agriculture and environment, the UAE’s Ministry of Economy said in a statement on Thursday, state news agency Wam reported.

The UAE is continuing to strengthen trade and economic ties with countries across the world through the Comprehensive Economic Partnership Agreements (CEPA) that aim to mitigate or remove trade barriers.

The two countries also agreed to establish joint technical task forces to strengthen economic and trade interaction.

They also agreed to support the development of small and medium-sized enterprises (SMEs) and export their products to new markets, the statement added.

Earlier on Wednesday, Bazrpash had a meeting with vice president and deputy prime minister of the United Arab Emirates, Sheikh Mansour bin Zayed in Abu Dhabi to discuss UAE-Iran cooperation, particularly expanding bilateral trade.

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Abu Dhabi to Host Iran-UAE Joint Economic Cooperation Commission after 10 Years

mahla — Tue, 30 Apr 2024 20:53:16 +0000

TEHRAN (Iran News) –The meeting will be co-chaired by Iran’s Minister of Roads and Urban Development Mehrdad Bazrpash and Economy Minister of the United Arab Emirates (UAE) Abdullah bin Touq Al Marri.

It will be held after 10 years to develop cooperation between the two countries in all fields of economy, trade, investment and transportation (air, sea, and road).

The development of relations between the two countries in the field of international transit corridors especially the International North-South Transport Corridor (INSTC) to transit Emirati goods to the Central Asian states, the Caucasus, Russia and Europe through the Iranian land and territory has been put on the agenda of the meeting.

Business-to-business (B2B) meetings will also be held among the economic activists and entrepreneurs of the private sectors of the two countries.

Also, a number of experts in the field of trade and investment will deliver lectures regarding the development of the business environment and rules governing investment opportunities.

Two cooperation documents are expected to be signed by the two sides in line with expanding economic activities.

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UAE top advisor: Abu Dhabi plans to send ambassador to Tehran

mahla — Fri, 15 Jul 2022 18:46:50 +0000

TEHRAN (Iran News) – The UAE is planning to send an ambassador to Tehran in order to repair relations with Iran, according to the president’s diplomatic adviser, who also stated that a confrontational attitude toward Iran was not something Abu Dhabi supported.

The UAE has been attempting to strike a balance between superpower ally Washington, new friend Israel, and old rival Iran in order to minimize regional tensions that could jeopardize the state’s economic goals while also strengthening the Persian Gulf state’s military capabilities, Reuters reported.

The UAE began direct discussions with Iran in 2019. Its minister for climate change was in Tehran earlier this week.

“Our conversation is ongoing … we are in the process of sending an ambassador to Tehran. All these areas of rebuilding bridges are ongoing,” Anwar Gargash told reporters ahead of a visit to Paris by Sheikh Mohammed bin Zayed al-Nahyan.

On Thursday, U.S. President Joe Biden and the Israeli regime’s Prime Minister Yair Lapid signed a unified vow to deny what they call Iran’s nuclear weapons, demonstrating solidarity among partners long divided over talks with Tehran.

The announcement comes a day after Biden suggested he was willing to use war as a “last resort” against Iran, as efforts to resurrect a 2015 nuclear agreement between Tehran and international powers have stagnated.

When asked about discussions of a Middle East NATO to counter Tehran, Gargash replied it was a “theoretical” concept and that conflict was not an option for Abu Dhabi.

“We are open to cooperation, but not cooperation targeting any other country in the region and I specifically mention Iran,” he said. “The UAE is not going to be a party to any group of countries that sees confrontation as a direction, but we do have serious issues with Iran with its regional politics.”

However, he stated that the UAE would be willing to participate in any effort to safeguard the country from drones and missiles as long as it did not target a third country.

“We have an open eye. We are very clear if something is defending the UAE and its civilians, of course we are open to these ideas, but not to the idea of creating any axes against this or that country,” he said.

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Abu Dhabi Commercial Bank to Cut 400 Employees

reporter 1222 — Wed, 29 Jul 2020 12:40:33 +0000

TEHRAN (Iran News) – Abu Dhabi Commercial Bank (ADCB) is letting go of hundreds of employees, sources said, the latest in a round of lay-offs by regional banks as pressure mounts to cut costs amid lower oil prices and the coronavirus crisis.

The UAE’s third-biggest lender is laying off 400 employees, two sources familiar with the matter said, after it had committed to not cutting staff because of the crisis.

In a statement, a spokesman said Abu Dhabi Commercial Bank had pursued efficiency over the last decade by managing out its lowest underachievers after regular reviews, while ensuring talent was deployed in high-growth areas, such as digital banking.

“A certain number of redundancies are therefore expected every year in the normal course of business,” the bank spokesman added, Reuters reported.

The sources said the cuts would involve ADCB’s consumer business and several in top management were among those being let go. One source said the bank was looking to close 20 branches.

In March, ADCB had declared, “No employee will be made redundant during 2020 as a result of the COVID-19 pandemic.”

UAE banks have been hit by government measures to rein in the spread of the virus, forcing many businesses to shut temporarily.

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Bin Salman, Bin Zayed’s honey moon is over

reporter 1222 — Mon, 01 Jul 2019 13:05:03 +0000

Although during the past year some security sources have reported the intensification of the “Al Saud” and “Al-Nahyan” disputes over the Yemeni war and their methods of dividing responsibilities in this cruel aggression, but few ones thought that the scope of this dispute would included the privacy of Saudi and Emirati officials.

Last week Jamal Khashoggi’s fiancee, Hatice Cengiz called on clarification of her fiancee’s murder after a long silence while she was aware of the direct and undeniable role of Saudi Crown Prince Mohammed bin Salman in the murder and mutilation of her fiancee body.

Cengiz mentioned recently that Saudi officials have been involved in the killing of Khashoggi and his murder has been a political crime.

This issue has once again attracted the attention of the participants in G20 summit, and bin Salman was questioned and even blamed for Khashoggi’s murder in many of his official and informal meetings with the heads of G20.

Saudi officials, however, believe that the UAE security service and Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan were the director of this event aimed to retaliate against some unilateral measures taken by the Saudi regime in the region (regardless of the interests of the Emiratis).

However, the Saudis also did not keep silent about the action of the Emirati and took revenge!

According to some known sources, there has recently been a meeting between al-Saud’s intelligence service members and wife of the ruler of the Emirate of Dubai Mohammed bin Rashid Al Maktoum in Dubai which was is in fact Saudi Arabia’s security counterattack to the United Arab Emirates.

There is, of course, no report on the content of this meeting, but the general confirmation of this issue has provoked anger on Emirati officials.

Reportedly, Haya bint Hussein, wife of the ruler of the Emirate of Dubai has fled to Germany some weeks ago and applied for asylum.

Accordingly, Emirati officials are now worried about Saudi abusive use of Haya bint Hussein’s secret information, especially since she sought political asylum upon her arrival in Germany, and demanded divorce from bin Rashid absently.

In this regard, bin Zayed has personally asked the German authorities to return Haya bint Hussein to the Emirates, but this demand has been rejected by German officials.

In such circumstances, the issuance of permission for Saudi security officials to meet with Dubai’s spouse has led to the simultaneous embarrassment form the rulers of Berlin and Riyadh.

It should be noted that Saudi Crown Prince Mohammed bin Salman and Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan who over the past four years have had the highest share in supporting the Takfiri terrorists and undermining the security and stability of the Southwest region of Asia, have recently faced great controversy over Yemen crisis.

Those who have joint projects such as full support for ISIL, Yemen crisis, terrorist operations in Iran, Iraq, Syria, Pakistan and Afghanistan, the removal of Qatar from the Persian Gulf Cooperation Council’s political equations, support of Khalifa Haftar in Libya, and other decommissioning in North Africa, complete harmony with the Zionist regime to normalize relations with the Arabs and ‘Deal of the Century’ and a strategic alliance with Donald Trump against the interests of the Muslim world and the axis of resistance, now are trying to shift the responsibility of the failure in Yemen to each other.

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Yemen attacks Abu Dhabi airport by Sammad-3 armed drone

reporter 1222 — Fri, 27 Jul 2018 04:45:05 +0000

Yemeni army and popular committees on Thursday attacked Abu Dhabi International Airport by their Sammad-3 armed drone, sources said.

Yemen said a Sammad-3 armed drone bombed the Abu Dhabi International Airport in retaliation for the UAE’s ongoing role in the Arab Coalition; it was not immediately clear if there was any damage or casualties.

Airport officials said “Abu Dhabi Airport will monitor the situation with the concerned authorities and further updates will be made available in due course.”

Yemen also targeted the refinery of ARAMCO company in Riyadh last week with a long-range drone, Sammad-2.

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