Yemen’s Houthis target six ‘sensitive’ locations in Saudi, three in UAE
Yemen’s Iran-aligned Houthis have listed six “sensitive” locations in Saudi Arabia and three in the United Arab…
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United Arab Emirates
UAE’s investments in Egypt hit $15 billion – official
The total investments of the United Arab Emirates in Egypt recorded around $15 billion, announced Undersecretary of…
UAE, Egypt launch $20 billion joint investment fund
Egypt and the United Arab Emirates have launched a $20 billion joint strategic investment platform, Egyptian…
UAE Central Bank expects 2.4% GDP growth in 2019:
The United Arab Emirates expects its economy to grow 2.4% in 2019, driven by faster growth in the oil sector, the…
UAE court sentences Abraaj founder Arif Naqv to prison
Arif Naqvi, the founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three…
U.S Pentagon accuses Iran’s Revolutionary Guards over tanker attacks
The U.S. military accused Iran’s Revolutionary Guards (IRGC) of being directly responsible for attacks on tankers…
Trump sets $8 billion-plus in weapons sales to Saudi Arabia, UAE defying Congress
U.S. President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections…
Saudi Arabia deposits $250 mln into Sudan central bank
Saudi Arabia announced on Sunday that it deposited $250 million with the Sudanese central bank, according to a…
Homes Real Estate marketing 50 Egyptian projects at UAE’s property fair
Egypt’s Homes Real Estate says it is marketing more than 50 projects in favour of other firms at Thiqa Real Estate…
Banque du Caire lining up to open new office in UAE
Banque du Caire will open its representative office in the United Arab Emirates (UAE) within two months, chairman…