Leading News Source For Middle East
The Emirati capital Abu Dhabi has removed the requirement for license for alcohol buyers and set minimum age at 21. A circular from Abu Dhabi’s Department of Culture and Tourism made public on September 15, said residents and tourists will Read more
Italy and the UAE will launch September 30 InnovItalyUAE, an initiative to boost cooperation between the two countries covering several sectors including cybersecurity, space research, smart cities, life sciences, food technologies, renewable energy and circular economy. Khalifa University of Science Read more
Emirates NBD, UAE’s largest lender, Monday inked a Memorandum of Understanding (MoU) with Bank Hapoalim, Israel’s biggest bank, as fruit of normalization between the two countries. The agreement announced by Dubai Media Office, Gulf Business reports, will allow Israeli clients Read more
EU naval forces tasked to enforce UN arm embargo in the Mediterranean has arrested a ship allegedly carrying fuel from UAE to Libyan rebel war lord Khalifa Haftar, reports say. The forces, Irini, in a statement said that a German Read more
Qatari news network, Al Jazeera, will soon resume operating in Algeria 20 years after authorities shut down the office of the Doha-media. Algerian authorities reportedly early this week validated a license application from the media. They however rebuffed the renewal Read more
Bank Hapoalim, Israel’s largest bank, is expecting to sign several deals with UAE’s lenders in a significant signal of cooperation between Israel and the Gulf country following their August agreements, Time of Israel reports. Dov Kotler, CEO of the Hapoalim, Read more
Egyptian President Abdelfattah al-Sisi has ordered Minister of Local Development, Mahmoud Sharawi to ensure that Syrians shop owners are not issued new shop license over conspiracy with Qatar and banned Muslim Brotherhood allegations, The New Arab reports. Sharawi, the London-based Read more
US President Donald Trump will host in Washington next week, September 15, the official signing of the normalization agreement between Israel and UAE. American sources at the White House who asked not be named, Tuesday told the Associated Press, that Read more
Emirates will resume the payment of full salaries to its employees from October, Gulf News reports citing spokesperson of the Dubai-based airline. The move, which signifies a steady pick-up of the airline’s activities, comes after reports of government stimulus package Read more
Public listed investment company headquartered in Abu Dhabi, Waha Capital, has launched its third fund with capacity in excess valued at $500 million, Trade Arabia reports. The fund, Waha Islamic Income Fund SP, will invest in sharia-compliant assets across the Read more