But the UAE does not have to wait till 2024 to reap the rewards of its shrewdness. Oil prices have climbed about 15% since Saudi Arabia started its voluntary cuts of 1 million barrels per day. In …
Abu Dhabi to supply wheat to Egypt in $500 million deal
Abu Dhabi-based agribusiness company Al Dahra and Abu Dhabi Exports Office (Adex) have secured a $500 million multiyear deal to supply Egypt with wheat. The five-year agreement, worth $100 million per …
See the vital $500 Million food deal Egypt has secured with Abu Dhabi
The nation began delaying payments for wheat imports and is now having a harder time generating … The government organization Abu Dhabi Fund for Development’s export finance division is called ADEX.
Dubai-based noqodi expands digital payments through partnership with Network
Fintech company noqodi has collaborated with Network International to expand digital payments offering that can cover various segments beyond just government and private sector services.
ADNOC and IOCL’s local currency crude oil deal bolsters India-UAE energy ties
Indian Oil Corporation and Abu Dhabi National Oil Company break ground with a Local Currency Settlement Framework-based crude oil deal, marking another milestone in strengthening India-UAE economic …
Israel’s energy minister advances water-electricity project in Abu Dhabi
As per the plan, Israeli will sell Jordan 200 million cubic meters of desalinated water annually in exchange for purchasing green electricity from a UAE-built solar field in Jordan.
Germany’s foreign minister delayed in Abu Dhabi after technical problem forces plane to turn back
Germany’s foreign minister had to wait for hours in Abu Dhabi after a technical problem on her government plane forced it to return to the airport rather than continue to Australia.
Aircraft problem leaves German minister stuck in Abu Dhabi, latest in series of government plane issues
German foreign minister Annalena Baerbock was stuck in Abu Dhabi after her pilot noticed a technical issue with the landing flap and had to return to the UAE.
Dubai’s Jumeirah Islands Welcomes A New Resident: Telegram’s Billionaire Founder
Durov set up shop in Dubai after a period of nomadic travels, following his emigration from Russia in 2014. Once dubbed the Russian Mark Zuckerberg, Durov, now 38, founded the social media company …
Baerbock uses breakdown in Abu Dhabi for call with UAE counterpart
German Foreign Minister Annalena Baerbock used the breakdown of her government plane in the United Arab Emirates as an opportunity for a telephone call with her counterpart there. During her stay, Baerbock spoke with Abdullah bin Zayed Al Nahyan,
Abu Dhabi, Dubai and Sharjah are among the 10 most affordable cities to live in the world
Abu Dhabi ranked second, after Kuwait City, in the global list with regard to high income and low cost of living, where residents earn about $7,154 per month, on average, and spend about $873.10 on …
Kings face Sharjah FC tonight
Bangladesh Premier League champions Bashundhara Kings will make history when they take on Sharjah Football Club of the UAE in the preliminary round of …
First Festival of Old Cars Coming Up in Sharjah in 2024
Sharjah will host an annual specialized festival for old cars in January 2024.Read More: Your Complete Guide to Sharjah Light Festival 2023 Read More: Sharjah Wheelers Festival to Kick Off on Feb 24th …
Dubai’s Jumeirah Islands Welcomes A New Billionaire
Durov is renting, rather than buying, the new home. The billionaire is shelling out about $1 million on annual rent–a bit more than $83,300 a month–making it one of Jumeirah Islands’ priciest ever …
Middle East’s First Remotely Operated Subsea Inspection with Uncrewed Surface Vessel Completed
Dutch offshore survey services firm Fugro said Monday it had completed the Middle East’s first remotely operated subsea …
Dubai Customs receives 54,300 new ideas until mid-2023
In fact, since the launch of government suggestion systems, DC staff have generated and contributed 54,318 ideas up to end of June 2023 …
Kings to face Sharjah Football Club Tuesday
Bangladesh Premier League champions Bashundhara Kings will face Sharjah Football Club in the single-leg qualifying play-offs (preliminary round) of the AFC Champions League 2023-24 at the Sharjah …