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Table Lamp, Lamp, Woman

Cherie Blair ‘optimistic’ for Middle East entrepreneurial equality

Nearly 20 years ago, Cherie Blair CBE, leading King’s Counsel and committed campaigner for women’s rights, predicted that the UAE would lead the Middle East’s drive on gender equality. Her first visit to the GCC region – during her husband Tony’s 10-year stint as British Prime Minister – was promptly followed by the appointment of […]

United Arab Emirates president Sheikh Mohammed bin Zayed al-Nahyan at the UAE Pavilion during Cop27

Developing countries call for new taxes on oil and gas producers

By the end of the second full day of Cop27 the tone of the conference had been set. One after another, leaders of developing countries took to the plenary stage to voice their frustration and demand that rich nations offer more support to help combat the effects of climate change. After Barbadian prime minister Mia […]

UAE’s Masdar to develop onshore wind farm project in Egypt

UAE’s renewable energy firm Masdar has signed an agreement with its Egyptian partners to develop a 10-gigawatt (GW) onshore wind farm project in Egypt, the UAE state-owned WAM news agency reported. The partners include Infinity Power Holding, a joint venture between Masdar and Egyptian renewable energy developer Infinity, and Hassan Allam Utilities. UAE President Sheikh Mohamed […]

Simon Penney has been the UK's HM trade commissioner for the Middle East since 2018

UK exports to Arab countries up 20% to $38bn in 2022

The UK’s exports to Arab countries have posted a 20 percent year-on-year increase, standing at £33.6 billion ($38.26 billion), and are expected to rebound to pre-pandemic levels. “While exports have remained broadly flat between 2020 and 2021, we have seen a 20 percent recovery so far this year and we anticipate that our total trade […]

UAE’s Masdar to bid for Saudi renewable energy projects

UAE’s Masdar plans to participate in the forthcoming round 4 tender of Saudi Power Procurement Co.’s 3.3 gigawatts (GW) wind and solar projects, along with its partners, WAM, the UAE state-owned news agency, reported. The new round will comprise three wind power plants with a combined capacity of 1.8 GW, and two solar parks totaling […]

Estonia’s exports to UAE double after Expo 2020 Dubai

Estonia’s participation in Expo 2020 Dubai helped the European country’s exports of goods and services to the UAE increase by more than 100 percent in the past year. The value of Estonian goods exported to the UAE was up 126 percent year-on-year to €80.8 million ($80.57 million) in the eight months from January to August […]

COP27

Egypt’s Cop27 will see developing nations call for ‘climate justice’

Drought and famine haunt the Middle East. The Dead Sea has fallen to its lowest level in centuries. Starved of food and fresh water, desperate migrants criss-cross the Mediterranean, fomenting social unrest and violence. Within a few decades, a healthy global trade network has collapsed. Every major settlement has been abandoned or razed to the […]

Hydrogen

How the UAE and UK can reap multi-billion hydrogen rewards

The UK and UAE could create up to 100,000 new jobs each in the hydrogen sector by maximising opportunities for collaboration, which may also include a joint investment vehicle. A report by the World Green Economy Organisation (WGEO) and UAE-based sustainability consultancy Zest Associates concludes the two countries can become “influential players in this emerging […]

UAE German leaders
  • Analysis

UAE and Germany grow ever closer with shared net zero goals

The first four Mercedes Benz cars arrived in Abu Dhabi in 1965, imported by the Al Fahims, who founded Emirates Motor Company three years earlier. Last year, the UAE imported German automobiles worth nearly $1.2 billion. Also in the mid Sixties, the German company Siebert discovered enough water close to Al Ain to enable the […]

Engine, Machine, Motor

Masdar and Germany’s RWE eye global offshore wind projects

Abu Dhabi Future Energy Company (Masdar) and Germany’s RWE Renewables have signed a memorandum of understanding to explore collaboration on offshore wind projects in several key markets, according to WAM, the UAE state-owned news agency. Masdar and RWE are shareholders in the London Array project, which has been operational since 2012. The wind farm has […]