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The Financial Information Unit of the UAE’s central bank has signed a memorandum of understanding (MoU) with the China Anti-Money Laundering Monitoring and Analysis Center to share financial information to aid the combating of money laundering and terrorism financing, Arab Read more
The kingdom of Bahrain and the Abu Dhabi emirates of UAE, Tuesday vowed to continue coordination in efforts to protect international navigation from any threats, Zawya reports citing the state-run media of the small Gulf kingdom. King Hamad bin Isa Read more
Uganda’s national carrier, Uganda Airlines, will make its maiden flight to Dubai in UAE in the first week of September, the CEO of the airline Jenifer Bamuturaki reportedly said. “We have now moved it (maiden flight) to the first week Read more
Israel’s Foreign Minister Yair Lapid has appointed Amir Hayek as Israel’s permanent ambassador to the United Arab Emirates. He becomes Israel’s first formal ambassador to the Gulf country, replacing Eitan Na’eh, the current acting ambassador. Hayek is chairman of Read more
The UAE’s holdings of the US treasury bonds rose by over 31% or $13.6 billion in May to stand at $57.3 billion compared to $43.7 billion in April 2021, Zawya reports citing official data. With the 31 per cent increase, Read more
The UAE has launched several infrastructure projects worth $272 million to connect cities and shorten distances across the Emirates, Zawya reports citing Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Read more
UAE is the world’s second safest country in 2021 Global Finance Magazine has reported. The index which takes into account three fundamental factors – war and peace, personal security, and natural disaster risk, hails the Gulf country’s efforts to curb Read more
Abu Dhabi’s state-owned airport operator has awarded Trojan Holding the construction of Abu Dhabi international airport Midfield Terminal Building after it cancelled the project first granted to a consortium including Turkish airport operator TAV Inşaat. UAE-based Arabtec, TAV Insaat and Read more
More and more Saudi companies are mulling plans to establish in the Qatar since January after both countries thawed ties, Pro Partner reports, noting that inquiries from the Saudi firm went up 40 per cent during the first quarter. Saudi Read more
The UAE has asked Italy to withdraw its military jets and forces from a military base in the Gulf country by July 2, an Italian source told Reuters, in an apparent reaction to the European country’s opposition to a missile Read more