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  • UAE Pledges Loan to Pakistan

    Emirati’s help comes at an urgent time for Pakistan, as other outlets for financial help are uncertain. Written in the Times of India, “as a ninth review by International Monetary Fund (IMF) to clear the release of the next $1.1 billion tranche of funds to Pakistan has been pending since September, the external financing is crucial for the country's broken economy. Pakistan’s central bank foreign reserves fell to a critical level of $5.5 billion in the week ending Dec. 30, barely enough for three weeks of import.”

  • Saudi, UAE most targeted by cyber-attacks in GCC

    Organisations in Saudi Arabia and the UAE were hit by the most ransomware attacks among Gulf Cooperation Council (GCC) countries between mid-2021 and mid-2022, according to a report published today by cyber-security firm, Group-IB. The company's annual round-up of major global cyber threats, the Hi-Tech Crime Trends 2022/2023 report found that ransomware operations remained the main cyber threat to companies and organisations across the world, including the Middle East and North Africa region.

  • Climate Action in the UAE and Saudi Arabia: Pragmatism or Greenwashing?

    Both the UAE and Saudi Arabia aim to expand their respective climate change initiatives while significantly increasing fossil fuel production in the near term, even as climate change scientists and leading institutions are calling for states to drastically cut their emissions.

  • For the UAE and others, its business as usual with Israel

    The UAE made that clear as it welcomed an Israeli delegation to Abu Dhabi this week to discuss security, energy, tourism, education, tolerance, and water security. The 20-person delegation, representing different ministries and headed by Foreign Ministry Director-General Alon Ushpiz, was in Abu Dhabi to prepare for a second Negev summit scheduled for the spring in Morocco.

  • Israeli delegation in UAE ahead of regional summit, despite tensions

    A delegation of senior Israeli officials made their way to Abu Dhabi on Sunday to prepare for the upcoming Arab-Israeli Negev Summit that is set to be held in Morocco later this year. The meeting comes despite recent tension between the United Arab Emirates (UAE) and Israel over the status quo at Al-Asqa Mosque.

  • World’s safest low-cost airlines revealed: UAE carriers in top 20

    UAE carriers Air Arabia and FlyDubai have been listed among the safest low-cost airlines in the world, according to a new report. AirlineRatings.com, a dedicated aviation safety website has revealed its list of the safest low-cost airlines of 2023. After monitoring 385 international airlines AirlineRatings.com identified Air Arabia and FlyDubai among the safest.

  • UAE ranked the most powerful country in the Middle East

    The Gulf state rose one place from last year's rankings and is currently in 21st place in the Best Countries Overall ranking. Out of the attributes considered in the Power category, the UAE scored its highest rating under "Economically influential" at 90.9 while scoring 19.1 for "Strong military". The US, China and Russia were the planet's most powerful countries in 2022, while Switzerland grabbed the number one spot for Best Country Overall, followed by Germany and Canada.

  • Oil Rich Kuwait Falls Behind Saudi, UAE, Qatar in Middle East Spending Spree

    Kuwait is home to one of the biggest wealth funds in the world, is one of the least indebted nations, and its historically strong banking system has plenty of liquidity. The country’s economy is estimated to have grown nearly 8% in 2022 thanks to high oil prices and it’s likely to bank a $23 billion surplus in the current fiscal year ending in March, according to economists at Kuwaiti consultancy Al Shall.

  • UAE aims for lunar landing as Japanese-US mission launches rover

    The United Arab Emirates (UAE) has launched a domestically-developed lunar rover with the help of a joint Japanese-US mission. UAE Vice President and ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum first announced the project in Sept. 2020. The Rashid Explorer is the first Arab lunar probe, underpinning the broader Emirati space exploration agenda.

  • Saudi and UAE lead Arab construction sector to $187bn

    The UAE and Saudi Arabia pushed the Arab construction sector to almost $187bn in 2020, according to the Arab Monetary Fund (AMF), The AMF said that the Arab construction sector has recovered from the impacts of the Covid-19 pandemic, with its contribution to GDP in 2021 amounting to around $186.8bn, up from $178.3 billion in 2020. It represents a 4.7% increase.