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The Latest Breaking News from UAE

Sanctioned Russian oligarch yacht in Dubai as pressure grows

A sleek $156 million superyacht belonging to a sanctioned Russian oligarch and parliamentarian is now docked in Dubai, the latest reminder of how the skyscraper-studded sheikhdom has become a haven for Russian money amid Moscow’s war on Ukraine

The Independent UK

PM Modi to visit Germany for G7 summit on 26 June; will also travel UAE

Prime Minister Narendra Modi will be visiting Schloss Elmau, Germany for the G7 Summit on June 26-27 and will also travel to UAE while coming back to India. Read full schedule on Dynamite News:

Dynamite News

UAE Boosts ‘Self-Sufficiency’ Through Industrial Localization

UAE's Minister of Industry and Advanced Technology Sultan al-Jaber said that the COVID-19 pandemic and recent geopolitical challenges disrupted supply chains and affected the global economy, "an experience from which we extracted many lessons." The Minister explained that one of the most important lessons is that "regardless of global economic…

Asharq Al-Awsat

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What it'll take for the Guptas to face corruption charges in South Africa

Now that Rajesh and Atul Gupta have been arrested in the United Arab Emirates (UAE), there is a great deal of speculation as to when the brothers may ultimately set foot on South African soil to face charges of money laundering and other financial crimes.

The Conversation

Exclusive-UAE to build Red Sea port in Sudan in $6 billion investment package

The United Arab Emirates will build a new Red Sea port in Sudan as part of a $6 billion investment package, DAL group chairman Osama Daoud Abdellatif, a partner in the deal, told Reuters.

Reuters

UAE Close to Operating 75% of Peaceful Nuclear Project

The UAE is preparing to reach 75 percent of operating its peaceful nuclear project. Emirates Nuclear Energy Corporation (ENEC) has announced that Nawah Energy Company has begun the process of loading fuel assemblies into the reactor of the Barakah plant following the granting of operating license by Federal Authority for…

Asharq Al-Awsat

UAE to Hold Second Auction of Dirham T-Bonds Worth $408Mln

The UAE Finance Ministry said Saturday that a second auction of federal treasury bonds (T-Bonds) would be held on June 20. The auction size will be AED1.5 billion ($408 million) distributed over two tranches: a two-year tranche valued at AED 750 million and a three-year tranche valued at AED750 million…

Asharq Al-Awsat

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Iran responds to UAE concerns over Tehran's nuclear plans

Iran on Saturday told the United Arab Emirates that Tehran gave a high priority to improving ties with its neighbours, Iranian state media reported, a day after the UAE voiced concern over Tehran's nuclear programme.

Reuters

UN calls on UAE to release British man imprisoned in Dubai since 2008

UN working group rules that Ryan Cornelius has been held arbitrarily and subjected to rights violations

The Guardian - UK

Allan McGregor offered Rangers transfer exit with UAE 'offer' on the table

The 40-year-old is out of contract at Rangers this summer with a decision on his future yet to be made. He's reportedly been offered one last megabucks payday on a two-year deal.

Glasgow Live

Flying blind: US accuses itself of selling weapons for Yemen war without assessing civilian harm

Audit by watchdog says US officials fail to follow through on the civilian impact of military sales to Saudi Arabia and UAE

The Independent UK

Will Prophet remarks controversy shake India-Middle East trade?

Gulf nations will watch protests in India closely with both sides having billions riding on investments and trade.

Al Jazeera

The Prophet remarks | global response to the controversy

More than 15 countries so far have condemned the remarks by suspended BJP spokespersons on Prophet Mohammad

The Hindu

Egypt, UAE Agree to Bolster Military, Security Cooperation

Egypt and the United Arab Emirates have agreed to continue security and military coordination and consultations. This came during a meeting between Egyptian President Abdel Fattah al-Sisi held and Chief of Staff of the UAE Armed Forces Lt. General Hamad Mohammed Thani al-Rumaithi in Cairo on Wednesday. Egyptian Minister of…

Asharq Al-Awsat

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The Hindu

UAE suspends exports and re-exports of Indian wheat for four months

The move follows India banning the export of wheat last month to check the surge in local prices.

The Independent UK

GAO: No sign US tracked if its aid was used in Yemen attacks

A government report says there’s no sign the Pentagon or the State Department investigated whether U.S. military aid was used in Saudi or Emirati strikes alleged to have killed civilians in Yemen

Bangkok Post

Woman arrested for luring young women into forced prostitution in UAE

A 47-year-old woman has been arrested in Bangkok’s Lat Krabang district for allegedly duping young women into forced prostitution in the United Arab Emirates.

Asharq Al-Awsat

Report: UAE, Saudi Arabia, Egypt Are Region's FDI Hubs

The United Arab Emirates, Saudi Arabia and Egypt were ranked the first three, respectively, in the Arab world in attracting Foreign Direct Investment (FDI) for 2021, with investments topping $45 billion. FDI inflows to Arab countries, which rose by 42% in 2021, amounted to about $53 billion, 6.3% of which…

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Asharq Al-Awsat

UAE to Suspend Exports of Indian Wheat for Four Months

The United Arab Emirates (UAE) has ordered a four-month suspension in exports and re-exports of wheat and wheat flour originating from India, the world's second biggest producer of the grain, state news agency WAM said on Wednesday. The Gulf nation's economy ministry cited interruptions to global trade flows as the…

Financial Times

Oil vs human rights: Biden’s controversial mission to Saudi Arabia

The president’s trip to Riyadh next month is a remarkable U-turn that was sparked by Russia’s invasion of Ukraine

WEKU

The United Arab Emirates is banning Disney and Pixar's 'Lightyear' spinoff

The movie, which chronicles the adventures of space cadet Buzz Lightyear, is slated to be released June 16.

Al Jazeera

How will the Prophet remarks row affect India-GCC ties?

Insulting remarks against the Prophet by India’s ruling party officials cause a diplomatic backlash in the Muslim world.

Asharq Al-Awsat

ADQ to Acquire Turkish Pharma Firm Birgi Mefar Group

ADQ, an Abu Dhabi-based investment and holding company, announced it has entered into a definitive agreement to acquire Birgi Mefar Group (BMG), one of Turkey’s leading producers of sterile injectable products. As a full-service pharmaceutical CDMO, BMG is a production service provider for sterile injectable products, namely vials and pre-filled…

Wales Online

Pixar’s Lightyear banned by United Arab Emirates over lesbian kiss

Other Muslim-majority countries likely to follow UAE, which has refused the film a licence for public screening

Salon

The arms manufacturing gold-rush

Major arms manufacturers are experiencing a genuine gold-rush moment

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