UAE’s leader Sheikh Khalifa bin Zayed dies at 73
The United Arab Emirates’ long-ailing ruler, Sheikh Khalifa bin Zayed Al Nahyan, died Friday, the government’s state-run news agency announced in a brief statement. He was 73.
Saudi Arabia, UAE view Biden admin as unreliable partner: professor
A professor of government at Georgetown University in Qatar says that leaderships in Saudi Arabia and the United Arab Emirates look at the Biden administration as an unreliable partner who is not worthy to jeopardize the ties with Russia.
300m of FDI Absorbed From UAE
Head of Iran Trade Promotion Organization Alireza Payman Pak says during interactions in recent months Iran has attracted some $300m of foreign investment from the UAE which will come into effect in four or five months.
Investment Capitals Flying From FZs to Turkey, UAE
Secretary of the Supreme Council of Free Trade-Industrial and Special Economic Zones criticized recent moves in Majlis for levying tax in free zones and said the amount of investment flight from free zones to Turkey has been considerable in recent years and today the country sees the capital flight for investment to the UAE.
Iran, UAE Preparing Ten-Year Outlook Document for Bilateral Trade
Head of Iran-UAE Joint Chamber of Commerce Erfan Shakeri says Iran and the UAE are working to prepare a ten-year outlook document for their trade ties which is in the early stage.
UAE and Israel expanding “security cooperation”
The Wall Street Journal has reported that Israel and the United Arab Emirates are expanding both their security and intelligence cooperation following an increase in attacks carried out by Yemen’s armed forces against targets in the UAE.
Over 100 Companies to Partake in Iran-UAE trade Conference in Dubai
Head of Iran Trade Center in the United Arab Emirates (UAE) Mohammad-Reza Talaei said over 100 Iranian and foreign companies are expected to attend an Iran-UAE trade conference which is set to be held at the mentioned center in UAE.
UAE intercepts missile during Israeli president’s trip
The United Arab Emirates announced in the early hours of the morning that it intercepted a missile launched by Yemen’s Ansarullah movement, the third attack in less than two weeks.
Smuggled Iran Fuel Fetches UAE $20b Per Year
The Advisor to President and Secretary of the Supreme Council of Free and Special Economic Zones says the UAE earns some $20b annually for bunker fuel and in fact offering services to the ships and vessels in the Persian Gulf which move towards Fujairah Port and unfortunately major part of the bunk fuel of the UAE is provided by the ships which smuggle fuel from Iran to Fujairah.
The invisible hand of UAE in Yemen
In the latest major development in the Yemen war, the Yemeni Armed Forces announced on Monday that they had seized an Emirati-operated cargo ship for committing “hostile acts” in the territorial waters of Yemen.