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The Latest Breaking News from UAE

Americana Plans Selling 30% of its Share Capital in Saudi Arabia, Abu Dhabi Markets

Americana Restaurant International, the largest quick service restaurant operator in the MENA region, announced Wednesday its plans to sell 30 percent of its share capital in an initial public offering (IPO) and dual-list on stock markets in Saudi Arabia and Abu Dhabi. Adeptio Investments AD Ltd., the selling shareholder, intends…

Asharq Al-Awsat

Christian monastery possibly pre-dating Islam found in UAE

An ancient Christian monastery possibly dating as far back as the years before Islam spread across the Arabian Peninsula has been discovered on an island off the coast of the United Arab Emirates

The Independent UK

US, UAE Presidents Discuss Investment Partnership in Clean Energy

UAE President Sheikh Mohamed bin Zayed Al Nahyan and US President Joe Biden reaffirmed on Wednesday the depth of the US-Emirati strategic relationship and addressed global challenges including energy security. In a virtual meeting, the two leaders discussed the comprehensive UAE-US initiative announced on Thursday to accelerate investment in clean…

Asharq Al-Awsat

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UAE, US Reach Deal for $100 Billion in Clean Energy Projects

The United Arab Emirates and the United States have reached an agreement to spend $100 billion on clean energy projects with a goal of adding 100 gigawatts globally by 2035. The UAE and US reaffirmed their shared commitment to enhancing climate ambition and climate action, in line with their net-zero…

Asharq Al-Awsat

Trump ally Tom Barrack's UAE ties not 'nefarious,' defense says

There was "nothing nefarious" about former private equity executive Tom Barrack's ties with United Arab Emirates officials, Barrack's defense lawyer said in closing arguments on Tuesday, denying prosecutors' charges that former U.S. President Donald Trump's onetime ally was an illegal foreign agent.

Reuters

Abdulaziz bin Salman Stresses Saudi-UAE Cooperation for Future Energy Mix

Saudi Energy Minister Prince Abdulaziz bin Salman stressed that Saudi Arabia and the UAE were working to increase production capacity, enhance refining volume, and convert oil into petrochemicals. He noted that the two countries were seeking to provide a safe and sustainable energy system. In his speech on the sidelines…

Asharq Al-Awsat

UAE to Revise Energy Strategy to Align with Climate Neutrality Goal

Emirati Minister of Energy and Infrastructure Suhail al-Mazrouei said the ministry intends to start revising its energy strategy at the beginning of 2023 to align it to achieve climate neutrality by 2050. Mazrouei said that the review of the energy strategy includes the expansion of renewable energy and the implementation…

Asharq Al-Awsat

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How the Gulf oil and gas states will play their hand at COP27

Gulf oil and gas producing nations will badge themselves as climate leaders at COP27. It’s not as far-fetched as it sounds.

360info

UAE Leaders Congratulate President of Türkiye on Republic Day

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Turkish President Recep Tayyip Erdogan on the occasion of his country's Republic Day. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, also sent a similar message to…

Asharq Al-Awsat

‘I am running for the money,’ Colony Capital’s Tom Barrack said of Trump 2016 role

NEW YORK — Tom Barrack was grilled by a federal prosecutor over a 2016 text message he sent to a friend who teased him about his work for Donald Trump’s presidential campaign.

Tribune News Service

Trump ally: 'Dozens' of my associates sought help on pardons

A trusted friend of Donald Trump who’s facing federal foreign influence charges has testified that “dozens” of people asked him for help in getting pardons from the former president

The Independent UK

Barrack says he hoped Trump ties would appeal to UAE; denies being agent

Tom Barrack, a onetime fundraiser for Donald Trump, acknowledged under cross-examination on Thursday that he hoped his ties to the then-president would encourage a United Arab Emirates official to invest with his company, but said he did not agree to exchange political access for a business relationship.

Reuters

Israel deserves better than Netanyahu’s bid to retake power and stay out of jail

With days to go, the calm belies what is at stake: the hard right empowered so a beleaguered figure can win and possibly evade justice, says lawyer and Guardian US contributor Lloyd Green

The Guardian - UK

PTTEP takes 25% stake in Sharjah Onshore Area A

PTT Exploration and Production Plc (PTTEP) continues to expand its investment in petroleum production in the United Arab Emirates (UAE) by acquiring a 25% stake in the Sharjah Onshore Area A from a subsidiary of Eni, an Italy-based integrated energy company.

Bangkok Post

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The Independent UK

At federal trial, financier navigates friendship with Trump

A wealthy financier is facing questions at a federal trial about his friendship with Donald Trump

The Independent UK

On witness stand, Trump ally denies foreign influence charge

A close ally of former President Donald Trump has taken the witness stand at his federal trial to deny charges he secretly fed confidential information about the Trump administration to the United Arab Emirates

USA Today Sports Media Group

Islam Makhachev def. Charles Oliveira at UFC 280: Best photos

Check out the best photos from Islam Makhachev's submission win over Charles Oliveira at UFC 280 at Etihad Arena in Abu Dhabi.

USA Today Sports Media Group

Aljamain Sterling def. T.J. Dillashaw at UFC 280: Best photos

Check out the best photos from Aljamain Sterling's TKO win over T.J. Dillashaw at UFC 280 at Etihad Arena in Abu Dhabi.

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USA Today Sports Media Group

Sean O’Malley def. Petr Yan at UFC 280: Best photos

Check out the best photos from Sean O'Malley's split decision win over Petr Yan at UFC 280 at Etihad Arena in Abu Dhabi.

USA Today Sports Media Group

Beneil Dariush def. Mateusz Gamrot at UFC 280: Best photos

Check out the best photos from Beneil Dariush's unanimous decision win over Mateusz Gamrot at UFC 280 at Etihad Arena in Abu Dhabi.

USA Today Sports Media Group

Manon Fiorot def. Katlyn Chookagian at UFC 280: Best photos

Check out the best photos from Manon Fiorot's unanimous decision win over Katlyn Chookagian at UFC 280 at Etihad Arena in Abu Dhabi.

USA Today Sports Media Group

Belal Muhammad def. Sean Brady at UFC 280: Best photos

Check out the best photos from Belal Muhammad's TKO win over Sean Brady at UFC 280 at Etihad Arena in Abu Dhabi.

USA Today Sports Media Group

Caio Borralho def. Makhmud Muradov at UFC 280: Best photos

Check out the best photos from Caio Borralho's unanimous decision win over Makhmud Muradov at UFC 280 at Etihad Arena in Abu Dhabi.

USA Today Sports Media Group

Nikita Krylov def. Volkan Oezdemir at UFC 280: Best photos

Check out the best photos from Nikita Krylov's unanimous decision win over Volkan Oezdemir at UFC 280 at Etihad Arena in Abu Dhabi.

USA Today Sports Media Group

Abubakar Nurmagomedov def. Gadzhi Omargadzhiev at UFC 280: Best photos

Check out the best photos from Abubakar Nurmagomedov's unanimous decision win over Gadzhi Omargadzhiev at UFC 280 in Abu Dhabi.

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