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Military, Military Uniform, Person

Qatar in $60m pledge to support Lebanese soldiers’ salaries

Qatar has pledged $60 million to the Lebanese army, state news agency QNA said on Thursday, funding that is earmarked to support the salaries of Lebanese soldiers, two sources briefed on the deal told Reuters. The Lebanese Armed Forces (LAF) said the package was intended “to support members of the army” but did not specifically […]

Saudi imports from UAE drop 23% in a year

Saudi imports from the UAE fell by 23 percent year-on-year in April, with analysts citing last year’s changes to the customs rules as the main reason for the drop. Imports into the kingdom from the six GCC countries, which also includes Oman, Bahrain, Kuwait and Qatar, rose seven percent year-on-year to 6.55 billion riyals ($1.75 […]

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum wants to gloablise Dubai's national companies

Dubai to open 50 commercial offices around the world

Dubai is planning to open 50 commercial representative offices around the world as part of its goal to transform the emirate into a truly global trading hub and double its economy in the next five years. The new Dubai Global initiative, launched yesterday, aims to help Dubai-based companies scale up globally and provide them with […]

The plenum at the Knesset, Israel's parliament, in Jerusalem

Israel’s Knesset set to dissolve, triggering snap election

Israel is heading for its fifth election in less than four years, plunging it deeper into political uncertainty as it grapples with rising living costs and renewed international efforts to revive a nuclear deal with Iran. Prime Minister Naftali Bennett moved last week to dissolve parliament after infighting made his ruling coalition no longer tenable. […]

Person, Human, Suit

Turkey lifts veto on Finland, Sweden joining NATO

NATO ally Turkey lifted its veto over Finland and Sweden’s bid to join the Western alliance on Tuesday after the three nations agreed to protect each other’s security, ending a weeks-long drama that tested allied unity against Russia’s invasion of Ukraine. The breakthrough came after four hours of talks just before a NATO summit began […]

Person, Human, Suit

Qatar’s emir arrives in Egypt for first visit since end of boycott

Qatar’s ruler arrived in Egypt on Friday, his first trip to the country since the two Arab countries agreed last year to end a long-running regional feud, diplomatic sources said. Emir Sheikh Tamim bin Hamad al-Thani, who last visited Egypt in 2015, was greeted at the airport in Cairo by President Abdel Fattah el-Sissi. The […]

Edward Lister, former aide to Boris Johnson, wants discussions to be far-reaching

UK-GCC talks must extend beyond tariffs, say top diplomats

The newly-commenced free trade agreement talks between the UK and the GCC have been welcomed by senior diplomats. Lord Udny-Lister, co-chair of the UAE-UK Business Council and a former strategic advisor to British Prime Minister Boris Johnson, hailed the FTA discussions as “great news”, but called for a wide and nuanced set of agreements that […]

Turkey and Saudi vow to start new period of cooperation

Turkey and Saudi Arabia emphasised determination on a new period of cooperation in bilateral relations during talks in Ankara, as the two countries aim to fully normalise ties that were ruptured after the murder of Saudi journalist Jamal Khashoggi. In a joint statement following the talks between Saudi Crown Prince Mohammed bin Salman, the country’s […]

Political impasse overshadows oil bonanza

Precious time is slipping away in Iraq. Since parliamentary elections eight months ago, a political impasse has blocked any moves to deal with the country’s bundle of crises: the lack of access to basic services, insecurity, high unemployment and rampant corruption. The Sadrist Movement, which won the most seats in the October 2021 election, proposed […]

Iraqis are left in the dark due to power cuts

Power infrastructure continues to generate headaches

As the peak summer months draw near and political stalemate continues to block hopes for reform in Iraq, concern is mounting that the poor performance of the country’s power sector could spark a return to mass protests. Iraq’s electricity infrastructure is in dire straits. Ravaged by war, decades of mismanagement, political chaos and corruption, power […]

First multifaith gathering held on Arabian Peninsula in 1,000 years

In contrast to a rhetoric of conflict, the forum proposes a unifying vision The Muslim World League held the Forum on Common Values Among Religious Followers this week in Saudi capital Riyadh. A multifaith event with leaders from around the world, the forum included 90 faith leaders in all, with Muslims, Christians, Jews, Buddhists and […]

From chocolate to solar power, the UK-GCC trade deal is a winner

A trade deal between the United Kingdom and the Gulf region has the potential to support jobs “from Dover to Doha”, while building vital green industries and supplying innovative services to the GCC. That’s according to UK Trade Secretary Anne-Marie Trevelyan, who today launched free trade negotiations with the Gulf Cooperation Council, made up of […]

Person, Human, Festival

Saudi Arabia’s Crown Prince lands in Egypt for two-day state visit

Egyptian President Abdel-Fattah El-Sisi received Saudi Arabia’s Crown Prince Mohammed bin Salman at Cairo International Airport on Monday night, UAE state news agency WAM reported, citing a statement by Egyptian presidential spokesman Bassam Rady. El-Sisi and Bin Salman, who is on an official two-day visit to Egypt, will discuss bilateral relations and ways of enhancing […]

Trade commissioner: UK and GCC have endless opportunities

The Gulf states and the UK have historically enjoyed strong diplomatic and trade ties, but this decades-long alliance has intensified in the last two years.  As UK businesses look to drum up new trade in the wake of Brexit and the coronavirus pandemic, the Gulf looks set to become ever closer to Britain. Pre-Brexit, around […]

Tunisian union goes on strike in challenge to President Saied

A powerful labour union will go on strike in Tunisia on Thursday to protest against government economic reform plans in a challenge to President Kais Saied as opposition to his one-man rule mounts and a financial crisis looms. The UGTT union has called the strike by employees in state companies in response to proposals including […]

Andina, a Peruvian restaurant based in London, wants to add a venue in the Gulf

UK targets Gulf for growth post-Brexit and Covid

Rocked by the double whammy of Brexit and the global pandemic, UK businesses have endured a tumultuous two years. As European trade battles sharp retrenchment – UK-EU exports dropped by 12 percent last year, a loss of £20 billion  – British companies are pursuing new growth avenues and the Gulf is proving to be a […]

Foreign investment licences in Saudi reach record high

The number of foreign investment licences have soared to record highs in Saudi Arabia as more than 100 deals worth over $4 billion were struck during the first quarter of 2022. Saudi Arabia’s Ministry of Investment (MISA) revealed that the deals announced are expected to create more than 5,800 new jobs in the domestic economy, […]

Rising oil prices helped bulk up the UAE's reserves leading to greater overseas investment

UAE splashes out more foreign investment than it receives

The UAE ranked first in the Gulf for foreign direct investment (FDI) inflows in 2021, but the amount the emirates invested overseas overtook this figure during the same period. The rising oil price is likely to see this trend continue, experts said. The newly released United Nations Conference on Trade and Development’s (UNCTAD) World Investment […]

Pep Guardiola, the Manchester City manager, celebrates with the trophy after winning the Premier League last season

How the UAE makes friends and influences people

A World Expo, Mars Mission, ownership of a Premier League football club and a Tour de France victory are among the success stories that have raised the UAE’s international standing as a soft power  Seduction is always more effective than coercion. So said author Joseph Nye when he introduced the concept of soft power in […]

Spain vows to defend interests after Algeria halts non-gas trade

Spain said it will firmly defend its national interests following Algeria’s decision to suspend a 20-year-old treaty of friendship and cooperation and ban all non-gas trade, a move that also alarmed EU officials. Spain was also monitoring gas flows from Algeria, its second-largest supplier after the US, but these were unaffected by the diplomatic rift over Madrid’s […]

Indoors, Person, Human

Israeli PM visits UAE, as countries eye $5bn in trade

Israeli Prime Minister Naftali Bennett visited the United Arab Emirates (UAE) on Thursday, where he met President His Highness Sheikh Mohamed bin Zayed Al Nahyan at Al Shati Palace. Bennett said he looked forward to working jointly with the UAE to expand cooperation between the two countries, and the peoples of the region, UAE state […]