Israel and the United Arab Emirates announced on Thursday that they will normalise diplomatic ties and forge a broad new relationship, a move that reshapes the order of Middle East politics from the …
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Trump announces ‘historic’ deal between Israel and the UAE, including a suspension of West Bank annexation plans
According to the terms of the new deal, Israel will halt annexation plans in the occupied West Bank.
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Israel and UAE Agree to Establish Diplomatic Ties as Part of Deal to Halt Annexation of Disputed West Bank Territory
The agreement was a part of a deal to halt the annexation of occupied land in the West Bank, sought by the Palestinians …
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UAE to establish diplomatic relations with Israel to halt annexation of occupied West Bank lands
President Donald Trump said on Thursday that the United Arab Emirates and Israel have agreed to establish full diplomatic ties.
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RPT-NMC Health $275 mln rescue financing faces creditor opposition – sources
NMC Health has secured loan commitments worth $275 million in a deal which would allow the lenders to improve their prospects of recovering money already owed by the United Arab Emirates troubled …
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WRAPUP 2-Israel, UAE to normalise relations in shift in Mideast politics, West Bank annexation on hold
Israel and the United Arab Emirates announced on Thursday that they will normalise diplomatic ties and forge a broad new relationship, a move that reshapes the order of Middle East politics from the …
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UAE official says Israeli annexation would have ended peace hopes
UAE minister of state for foreign affairs Anwar Gargash said on Thursday any further Israeli annexation of Palestinian territory would have ended hopes for peace in the region. In an interview with …
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Kapil Wadhawan had set up company in UAE, invested in three-acre Australian warehouse
A team of Enforcement Directorate scrutinizing Kapil Wadhawans role in alleged scams and irregularities at DHFL and Yes Bank reveal loopholes.
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Netanyahu celebrates deal with UAE, says more Arab countries will follow
Israeli officials vow that annexation will still go ahead despite UAE claiming bid halted; PM may have kept senior ministers in dark; settlers and Palestinians cry foul …
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UAE: Bank delays approval for deferment of loan repayment due to COVID-19 crisis?
Bank deferred and refunded the loan payments after Gulf News’ intervention Trending Get Breaking News Alerts From Gulf News We’ll send you latest news updates through the day. You can manage them any …
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Realtor IPO overcharges for Chinese housing
The New York stock exchange has a new Chinese tenant. KE, which operates home broker Lianjia and sales-and-services platform Beike, plans to price shares in its initial public offering above the top …
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Dubai’s DAMAC loses $76.2 million in second quarter, warns of difficult years ahead
Dubai developer DAMAC Properties on Thursday warned it saw a difficult market for up to the next two years due to the COVID-19 pandemic, as it reported a second-quarter loss of 280 million dirhams …
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Dubai’s Shuaa Pauses Some Deals as Virus Causes Strategic Shift
Shuaa Capital PSC stepped away from some deals as the Dubai-based investment company switched its short-term strategy in the wake of the economic fallout from the coronavirus pandemic.
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Dubai Property Market Heads for Two Difficult Years, Damac Says
Damac Properties PJSC expects a “difficult” period of as many as two years for Dubai’s property market as the impact of the coronavirus drags real-estate prices down.
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Dubai’s Emirates NBD in early talks for possible acquisition of Blom Bank Egypt
Discussions are ongoing and there is no certainty that any transaction will be completed, Emirates NBD said in a bourse filing.
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Emirates NBD confirms talks on with Lebanon’s BLOM Bank on Egypt stake
Emirates NBD is in preliminary discussions with Lebanon’s BLOM Bank to pick up the latter’s stake at its Egypt operations. “Discussions are still ongoing and there is no certainty that any transaction …
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Dubai’s DIFC grants banking licence to Samba Financial Group
Samba Financial Group will become the first Saudi Arabian bank to establish in DIFC. The group will use DIFC to build an international presence by enhancing client coverage across the region. The …
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