United Arab Emirates
Biden to call for 3-month suspension of gas and diesel taxes
President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months — a move meant to ease financial pressures at the pump that also reveals the political toxicity of high gas prices in an election year. The Democratic president will also call on states to suspend their […]
Read More
United Arab Emirates bans Pixar’s new Buzz Lightyear movie from theaters
Tim Allen and Tom Hanks voice Buzz Lightyear and Sheriff Woody in Pixar’s “Toy Story.” Disney DUBAI, United Arab Emirates — Disney Pixar’s animated movie “Lightyear” hits theaters this week and is expected to draw enthusiastic “Toy Story” fans from a number of countries around the world. Not in the United Arab Emirates, though. The […]
Read More
Israel signs historic trade deal with UAE, its biggest with any Arab country
Israeli national flags fly alongside United Arab Emirates national flags on the side of a road in Netanya, Israel, on Monday, Aug. 17, 2020. Kobi Wolf | Bloomberg | Getty Images DUBAI, United Arab Emirates — Israel and the United Arab Emirates on Tuesday penned a multi-billion dollar free trade agreement, the latest product of […]
Read More
UAE President Sheikh Khalifa bin Zayed has died at age 73
The President of the United Arab Emirates, His Highness Sheikh Khalifa bin Zayed Al Nahyan, passed away on Friday May 13, 2022, the Ministry of Presidential Affairs announced. In this 2013 photo, he is greeted by Queen Elizabeth II and Prince Philip, the Duke of Edinburgh on the Royal Dais on April 30, 2013 in […]
Read More
UAE’s Masdar signs deal for green hydrogen projects in Egypt, targets exports to Europe
Masdar says Egypt’s abundance of solar and wind will “allow generation of renewable power at a highly competitive cost – a key enabler for green hydrogen production.” Ute Grabowsky | Photothek | Getty Images The UAE’s Masdar and Egypt’s Hassan Allam Utilities have signed agreements with state-backed Egyptian organizations that will see the parties work […]
Read More
Swanky vacation rentals across the Middle East look to capitalize on ‘revenge tourism’ trend
Luxury Explorers has properties like Villa Botanica in the exclusive Emirates Hills, often referred to as the “Beverly Hills” of the UAE. Luxury Explorers’ Collection DUBAI, United Arab Emirates — In the Middle East, a new breed of high-end vacation rental firms are scrambling to meet the needs of today’s traveler — who has very different […]
Read More
Crypto exchange Kraken is set to launch in UAE as regional competition heats up
Jack Guez | Afp | Getty Images ABU DHABI, United Arab Emirates — U.S. cryptocurrency exchange Kraken is expanding into the Middle East and will open its regional headquarters in Abu Dhabi after receiving a full license to operate a regulated trading platform in the UAE. “We’re incredibly excited to be able to set up […]
Read More
Shares of Dubai utility DEWA surge in Middle East’s largest IPO since Aramco
A general view of the downtown area in Dubai, United Arab Emirates, December 08, 2021. Satish Kumar | Reuters DUBAI, United Arab Emirates — Shares of DEWA, the Dubai Water and Electricity Authority, surged more than 20% as the giant utility company began trading on the public market Tuesday, marking the first listing of its […]
Read More
Some passports are better than others. Here’s a list of the most powerful ones
A new index ranks Luxembourg as the top passport in the world for aspiring global citizens. The small European country ranked No. 1 out of 199 places in the “Nomad Passport Index 2022” published by the tax and immigration consultancy Nomad Capitalist. While many passport rankings focus solely on visa-free travel, this index adds […]
Read More
German firms sign deals in UAE as Berlin seeks alternative energy supplies
Electricity transmission pylons beside the gas-fired power plant, operated by Uniper SE, in Irsching, Germany, on Wednesday, July 7, 2021. Michaela Handrek-Rehle | Bloomberg | Getty Images German companies have signed agreements with firms in the United Arab Emirates (UAE) to build up a hydrogen supply chain, Germany’s economy ministry said on Monday, as Berlin […]
Read More