Latest in Tag: UAE Highlight
Latest in Tag: UAE

Egypt, UAE follow up on joint investment platform
Meeting reviews operational steps of ongoing joint projects in health, pharmaceuticals, real estate, logistics, and transportation sectors

EBRD shareholders agree to UAE membership
Inclusion of UAE as member will open new opportunities across EBRD regions

Egypt, UAE health officials discuss COVID-19 vaccine supply plan
Zayed and Al Owais discussed the novel coronavirus (COVID19) vaccine supply plan to Egypt, in the presence of the Egyptian Ambassador to the UAE, the Emirati Consul to Egypt, and Mohamed Hassani, the Assistant of Minister of Health for public Health initiatives affairs.

UAE’s AlNowais Investments to increase Kom Ombo solar plant’s capacity to 500MW
Ministry of Electricity to grant Emirati AlNowais company additional land in Kom Ombo, Aswan for expansion

UAE receives 11% of Egypt’s total exports: Gamea
During the first meeting of the Joint Egyptian-UAE Business Council, Gamea said that the UAE investments in Egypt exceed $7bn in different projects, with additional $7bn worth memoranda of understanding signed between the two countries, making the UAE the top investor in the Egyptian market.

Questions arise on next Arab country to normalise ties with Israel
Following Bahrain, UAE normalisation of ties, Trump claims that as many as nine Arab countries are ready to make peace with Israel

Sudan’s Al-Burhan visits UAE for talks on removal from terrorism list
Bilateral discussions take place on situation in Sudan alongside other regional issues

UAE, Israel, Bahrain sign deals formalising ties in White House ceremony
Israeli Prime Minister Benjamin Netanyahu and the foreign ministers of the United Arab Emirates and Bahrain signed the accords, marking a prominent geopolitical change in the Middle East.

UAE-Israel peace deal should preserve Palestinian rights, ensure Israel’s security: Al-Sisi
This week sees first step towards normalising relations between Israel and UAE

UAE, Israel launch official phone links after normalisation deal
Abu Dhabi peace treaty halts Israel’s annexation plan, says Gargash

UAE, Israel strike deal to normalize ties, halt annexation plans
UAE said that establishing normal relations with Israel will enable the country to play a constructive role in enhancing the region’s security and stability

UAE announces operation of 1st Arab nuclear power plant
“We proudly witness start of Barakah nuclear power plant operations, in alignment with highest international safety standards,” Abu Dhabi crown prince tweeted

Video: UAE’s Mars Hope Probe: 1st Arab mission to study Red Planet’s atmosphere
The rocket carrying UAE’s Mars Hope probe to space will be launched from Tanegashima island in Japan on 14 July

ADNOC signs $20.7bn deal to develop UAE energy infrastructure
The company added that investors will acquire a 49% stake in ADNOC Gas Pipes assets, a subsidiary of ADNOC. The subsidiary, which is newly established, has the rights to lease 38 pipelines, at a total length of 982.3 km. ADNOC will retain the remaining majority stake of 51%.

PAYFORT launches initiative supporting start-ups in UAE, Egypt, Saudi Arabia
Company joins forces with leading banks in region to promote campaign through targeted announcements

665 stranded Egyptians repatriated from Jordan, UAE
Transport Ministry sends ship to repatriate Egyptians from Saudi Arabia’s Dhiba Port

Uber Eats discontinued in Egypt, UAE, and Saudi Arabia
“This will also allow us to commit further energy and resources on our top Eats markets around the world,” the spokesperson said.

COVID-19 cases continue to rise across GCC
Saudia Arabia records 472 cases on Monday, reaching 4,934 infections

Saudi Arabia records 4,033 COVID-19 cases, highest in Gulf
Number of UAE recoveries rose to 588 after 170 new recoveries were announced on Saturday

Coronavirus is coming, cases confirmed in UAE, Sudan, 132 people killed globally
Chinese residents in Egypt benefit from medical services provided in governmental hospitals, Health Ministry

UAE’s Al Nowais to establish 700MW renewable energy plants in Egypt
The Emirati company would build a 200MW solar plant in Kom Ombo region of Aswan with $200m investments, and the EETC would buy the plant’s production at about 2.48 piasters per kWh

UAE-rehabilitated Yemeni airport receives 1st flight after 5 years of suspension
An official of Hadramout’s local authority told Xinhua on condition of anonymity that “the UAE successfully completed the reconstruction process of the Riyan airport in Hadramout and it is officially reopened.”

Egypt, UAE establish joint investment platform of $20bn
Partnership during Al-Sisi’s two-day visit to UAE

Egypt, UAE set up a $20bn investment partnership during Al-Sisi’s visit to Abu Dhabi
Partnership launched between Egypt’s Sovereign Wealth Fund “THARAA” and Abu Dhabi Development Holding Company

UAE company offers to establish $800m desalination plants in Egypt
A committee was formed to study the offer and prepare a report to the cabinet

Joint Saudi-UAE committee to reach ceasefire in Yemen
UAE-backed southern separatists took over Aden stirring tension within Saudi-led alliance

UAE-backed Yemeni southern separatists withdraw from parts in Aden
Houthis launched 10 drone attacks on oil facilities in the Shaybah oil field in Saudi Arabia

Military drills between Egypt, US, UAE continue
The forces are using frigates, missile-launching boats, and mine hunters in the exercises. Special naval units, the coast guard, and F16 jet fighters are taking part in the drills.

Egypt, US, UAE carry out joint drills in Red Sea
Saudi Arabia participates as observer

Volume of Egypt’s trade exchange with UAE in 2018 stands at $5.5bn
The UAE`s imports from Egypt hiked by 10.5% in 2018, recording $2.1bn, up from $1.9bn the previous year.