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Month: January 2021

Posted on 28/01/2021

Biden administration pauses US arms sales to UAE, Saudi Arabia

The Biden administration on Wednesday paused US arms sales to the United Arab Emirates and Saudi Arabia — one of several moves to address Trump-era foreign policies. Secretary of State Tony …
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Posted on 28/01/2021

Overnight Defense: Biden administration pausing UAE, Saudi arms sales | Pentagon making climate change national security priority | VA secretary nominee sails through hearing

Happy Wednesday and welcome to Overnight Defense. I’m Rebecca Kheel, and here’s your nightly guide to the latest developments at the Pentagon, on Capitol Hill and beyond. CLICK HERE to subscribe to …
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Posted on 28/01/2021

Could a 258mph electric hypercar help Dubai ditch its gas guzzlers?

According to its designers, the 1,914-horsepower Rimac C_Two hypercar will take a driver from 0 to 60 miles per hour in under two seconds, putting it among the quickest cars in the world. Its 258-mile …
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Posted on 28/01/2021

In-Flight Wi-Fi Market Size 2021 Is Projected To Register A Substantial Compound Annual Growth Rate (CAGR) Of 14.50% Over The Forecast Period

In-Flight Wi-Fi is a revolutionary service that enables people to remain connected and updated with the latest …
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Posted on 28/01/2021

Predictions and trends impacting finance and banking in 2021

Miljan Stamenkovic, General Manager of the Middle East and North Africa region at Mambu, a SaaS cloud banking platform, revealed the ‘2021 Banking and Finance Predictions’, of which we picked 3 …
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Posted on 28/01/2021

Biden administration pauses arms sales to Saudi Arabia and UAE

The Biden administration has paused arms sales to Saudi Arabia and the United Arab Emirates as it conducts a wider review of agreements worth billions of dollars made by the Trump administration, …
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Posted on 28/01/2021

Abu Dhabi, Aldar Properties to develop capital projects worth $12.25bln

The Abu Dhabi Executive Council has approved a framework between Abu Dhabi Government and Aldar Properties for the development of capital projects in the emirate. The decision follows the …
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Posted on 28/01/2021

Dubai holidays: Is Dubai on the UK quarantine list?

DUBAI has always been a top holiday destination for Brits, with the sunny weather and stunning architecture attracting holidaymakers all year round. But is Dubai on the UK’s quarantine list?
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Posted on 28/01/2021

First in MENA: HSBC issues green trade finance facility to Lamprell Energy

HSBC has issued a trade finance facility, raising $48 million for UAE-based Lamprell to support work on the Seagreen Offshore Wind Farm project off the coast of Scotland. HSBC, the sole arranger for …
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Posted on 28/01/2021

ADNOC named UAE’s most valuable brand for third consecutive year

ABU DHABI – ADNOC maintained in 2021 its position as the UAE’s most valuable brand for the third consecutive year, according to a new report from Brand Finance, the world’s leading independent branded …
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Posted on 28/01/2021

Israel-UAE deal opens up great business opportunities

President Rivlin said the signing of the Abraham Accords and the normalisation of relationship have opened up immense business opportunities for the …
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Posted on 28/01/2021

Saudi Finance Minister expects domestic debt market to grow further

Saudi Finance Minister Mohammed al-Jadaan said on Wednesday he expects Saudi Arabia’s domestic debt markets to become more liquid after a large expansion last year.
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Posted on 28/01/2021

Dubai Shopping Festival: What you need to know about the final weekend

It’s tough to believe that the 26th edition of Dubai Shopping Festival is almost over. To close the annual event off with the bang, retailers all over the city are offering shoppers a final chance to …
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Posted on 28/01/2021

AMIRI Launch Pop-Up Store in Mall of The Emirates, Dubai

Marking a first for the Los Angeles based label, AMIRI recently unveiled some shots of their new pop-up space in Dubai’s Mall of the Emirates with the aim of presenting their latest pieces in a …
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Posted on 28/01/2021

US puts hold on foreign arms sales, including F-35s to UAE

The Biden administration has put a temporary hold on several major foreign arms sales initiated by former President Donald Trump. Officials say that among the deals …
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Posted on 28/01/2021

Biden Freezes U.S. Arms Sales to Saudi Arabia, UAE

The Biden administration has imposed a temporary freeze on U.S. arms sales to Saudi Arabia and the United Arab Emirates as it reviews billions of dollars in weapons transactions approved by former …
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Posted on 28/01/2021

3 spacecraft are set to reach Mars next month, from NASA, China, and the UAE. Here’s what they aim to learn.

NASA is bringing a helicopter, and China aims to deploy an orbiter, lander, and rover from just one probe. It’s a year of firsts for Mars.
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