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  • UAE, Egypt, Jordan, and Bahrain sign $2bn worth of industrial agreements

    The meeting kicked off in Amman on Sunday in the presence of Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and the UAE’s special envoy for climate change, HE Ahmed Samir Saleh, Egyptian Minister of Industry and Trade of Egypt, Yousef Al Shamali, Jordanian Minister of Industry, Trade and Supply, and Abdulla Adel Fakhro, Bahraini Minister of Industry and Commerce.

  • UAE-Oman travel time cut to 47 minutes in new railway agreement

    UAE to Oman train travel is a step closer after rail operators and Abu Dhabi’s Mubadala today penned a deal to help develop the $3bn transport network. Oman and Etihad Rail Company, the developer and operator of the UAE-Oman Rail Network, signed an agreement with Mubadala Investment Company to support the development of the 303km railway network, which connects Oman and the UAE.

  • Mubadala comes on board for $3 billion UAE-Oman rail link

    The cooperation agreement with Mubadala will include the formation of working groups and joint committees to share knowledge and expertise and deliver economic and financial feasibility studies, in addition to joint investments in the development of the network.

  • Sanction-hit Russia Displays Combat-tested Arms at UAE Fair

    Russia showed up in force Monday at an arms fair in the United Arab Emirates, displaying combat-tested weapons up for export, including rifles and air defense systems. At an isolated pavilion at the International Defense Exhibition (IDEX) in Abu Dhabi, Moscow's state arms exporter Rosoboronexport said it had more than 200 full-scale models of armament, ammunition and military gear. Russian armored vehicles, attack helicopters and anti-aircraft missile systems were also on display at IDEX, which opened Monday, as crippling Western sanctions push President Vladimir Putin to seek new markets for arms exports.

  • UAE cancels UN vote against Israel settlements, following US-brokered deal

    The United Arab Emirates (UAE) has informed the United Nations Security Council of its decision to no longer call for a vote today on a draft resolution against Israel's expansion of illegal settlements, agreeing with the Palestinian Authority (PA) to drop the opposition following intervention by the United States.

  • UAE signs $1.2bn of military deals on opening day of IDEX 2023

    The UAE signed military deals worth more than $1.2bn (AED4.5bn) on day one of the International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX) 2023. The UAE’s Tawazun Council, the independent government entity that works closely with the Ministry of Defence and security agencies to maximise value through acquisition systems, announced it has signed 11 deals with local and international companies at the military trade shows.

  • UAE diplomacy guides response to Syrian, Palestinian crises  

    On Tuesday UAE President Sheikh Mohammed bin Zayed Al Nahyan (MBZ) announced $100 million in aid to Turkey and Syria, setting the bar for international assistance. Abu Dhabi’s response to the earthquake, which has claimed more than 45,000 lives, including over 6,000 in Syria, is fueled by a characteristically Emirati blend of compassion, consensus and realism, in the tradition of the country’s founder, Sheikh Zayed bin Sultan Al Nahyan.

  • New alcohol rules introduced for all hotel events in UAE

    From February 15, any corporate or private events will require a mandatory CID alcohol permit, according to Arabian Business. The CID permit will be applied for by the hotel on behalf of the event organiser. The AED1,250 fee (per day) should then be passed on to the client. Organisers must apply for the CID permit at least 14 days in advance, says the circular. 

  • PepsiCo begins relocating senior leadership team to Saudi Arabia from UAE

    Sheikh would not give a definitive date as to when the new headquarters would be established. But, he added, the company is “working very closely with MISA [the Ministry of Investment] and the government to make sure that we can bring in the PepsiCo regional headquarters here.”

  • UAE healthcare giant Burjeel Holdings announces new Saudi venture

    UAE healthcare operator Burjeel Holdings has signed a memorandum of understanding (MoU) to create a joint venture with Saudi Arabia’s Leejam Sports Company. The new venture between the two companies will see a joint establishment which operates a network of over 60 physiotherapy, rehabilitation and wellness centers in Leejam clubs across the kingdom. This will also include rehabilitation and sports medicine facilities in Saudi Arabia’s main centers.