Turkish president in UAE pays tribute and deepens detente

Turkey’s president visits the United Arab Emirates to pay tribute to the federation’s late leader, deepening a rapprochement between the countries after a bitter rivalry following the 2011 Arab uprisings ByThe Associated Press May 17, 2022, 4:59 p.m. • 3 minute read Share on FacebookShare on TwitterEmail this article DUBAI, United Arab Emirates — Turkey’s … Read more

Sheikh Mohammed bin Zayed Al Nahyan becomes President of the United Arab Emirates

DUBAI, United Arab Emirates – The leaders of the United Arab Emirates on Saturday unanimously nominated Sheikh Mohammed bin Zayed Al Nahyan of Abu Dhabi as the nation’s autocratic president, signaling both unity and stability in this key energy-rich country that is home to Western military. The rise of Sheikh Mohammed, 61, was expected after … Read more

Emirates Airline, stung by soaring fuel prices, posts $1.1 billion loss

Airplane operated by Emirates, at Dubai International Airport in the United Arab Emirates. Christopher Pike | Bloomberg | Getty Images Dubai’s Emirates airline cut losses to $1.1 billion in the year to March, even as soaring jet fuel costs threaten to overshadow a recovery in demand for trips. The world’s largest long-haul carrier said revenue … Read more

Ahmed bin Mohammed pays tribute to the winners of the “Dubai Award for Sustainable Transport 2021”

Dubai (Union) Under the high patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of the Emirate, His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, honored the institutions, companies and individuals who have won … Read more

Biggest white diamond ever sold at auction hits $18.8 million

The Rock, the largest white diamond ever sold at auction, sells for a hammer price of 18.6 million Swiss francs ($18.8 million), well below the record for such a jewel. PICTURES The Rock, the largest white diamond ever to be auctioned, sold for a hammer price of 18.6 million Swiss francs ($18.8 million) on Wednesday, … Read more

dubai: dubai delivery workers begin rare second strike this month

DUBAI: Food delivery workers protesting low wages and inadequate protections have quit their jobs in Dubai, their company confirmed on Tuesday, marking the second strike in as many weeks in an emirate that bans dissent. Foreign workers hired by Talabat, the Middle Eastern unit of Delivery Hero, began their walkout Monday night after organizing on … Read more

In the presence of Nahyan bin Mubarak.. The inauguration of the SAMENA Leaders Summit

The 2022 Leaders’ Summit, organized by the SAMENA Telecommunications Council, opened today at the Atlantis Hotel, The Palm in Dubai, in the presence of His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and coexistence. The inauguration took place in the presence of His Excellency Majed Al-Mismar, Director General of the Telecommunications Regulatory … Read more

Dubai creates a public debt management office

Dubai (Union) The Government of Dubai’s Ministry of Finance said its Public Debt Management Office will assume a range of responsibilities, including meeting the government’s financing needs, managing the public debt portfolio, setting strategic objectives and necessary policies, and risk monitoring, to ensure that public finances are sustainable.The office will also maintain high levels of … Read more

The UAE is the compass for the recovery of global tourism

Mustafa Abdel Azim (Dubai) After the outstanding success achieved by the United Arab Emirates in hosting “Expo 2020 Dubai”, which in turn helped bring the world together after months of isolation imposed by the “Covid-19” pandemic, the eyes of the international travel and tourism industry are once again turning to Dubai, with the launch of … Read more

Dubai is the first in the world to attract foreign direct investment projects

Dubai (Union) The emirate of Dubai tops the list of cities attracting new foreign direct investment projects for the year 2021, according to the annual report of the Dubai Investment Development Corporation, one of the institutions of the Department of Dubai Economy and Tourism, “Foreign Direct Investment Flows into the Emirate of Dubai for the … Read more